Associate Manager, Credit Risk Management

Job Description

*About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.To us, good performance is about much more than turning a profit. Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.The Role Responsibilities:Business

• Achieving assigned full year objectives as per annual P3 document

Processes

• Ensure adherence to all internal and external regulations.
• To embed Retail Risk monitoring as an integral part of the process.

People and Talent

• Work collaboratively with stakeholders and other tean members to solve for business issues. No direct team would be reporting into this role

Risk Management

• Provide analytical insights and data for evidence based policy decisions & communicate with the business partners and senior management
• Develop and maintain the credit policies to ensure the consistency with the overall risk appetite of the Retail Clients business.
• Ensure consistent application and enforcement of credit policies, processes and controls in all markets.
• Track and monitor the portfolio, ensure timely policy interventions to contain risk in specific subsegments as required
• Anticipate changes in credit conditions, work with respective credit officers in markets to implement effective portfolio actions that mitigate potential risks
• Proactively manage the portfolio credit risk profile within agreed risk appetite. Reduce P&L volatility by prompt escalation of potential risks / issues to safeguard a largely surprise free and well managed book.
• Provide insightful and robust analysis to facilitate credit policy and risk appetite discussions and decision making in the credit risk governance and management group meetings

CREDIT POLICY MANAGEMENT

• Maintenance of the Credit Policy for Retail Clients to ensure that it s aligned to the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
• Supervision the implementation and enforcement of the credit policies and risk control procedures for consistent applications across markets; ensure that processes are in place for the Risk Officers in Country to monitor the adherence.
• Presentation of the portfolio with robust and insightful analysis in Credit Policy Management Group meetings to facilitate risk reward trade off discussions and decisions
• Development, implementation and execution of credit policies and strategies to achieve quality portfolio.
• Development, implementation and execution of policies and strategies for effective portfolio management.
• Strategic initiatives via CRDs to explore new opportunities and challenge the effectiveness of existing policies.
• To support smooth implementation of credit polices to ensure effective execution.

PORTFOLIO MANAGEMENT

• Understand sensitivities to key risk drivers and potential stress impact on the portfolio. Monitor external factors such as state of the economy, regulatory environment and other emerging risk trends. Ensure that Portfolio Standards evolve appropriately to proactively manage changes in external environment, strategy and/or risk appetite.
• Monitor, review and control risk profiles (e.g. Risk grade migration, risk concentration, RWA) to ensure that portfolio shape is in line with strategy.
• Ensure development of quality MIS to monitor on-us and off-us portfolio shifts via segmentation and identify risks and opportunities. Ensure MIS decks provide adequate segmentation and profitability indicators.
• Perform in-depth portfolio analysis on identified business issues.
• Conduct program tracking to ensure continuous validation of credit policies for essential program rollouts.
• Contribute to design of credit process around portfolio activation/ intervention and drive automation to improve the efficiency and effectiveness of portfolio management process.
• Continuously improve the way we work by driving cost effectiveness and automation of credit processes.

OPERATIONAL RISK

• To exercise Process Ownership for the following processes
• Portfolio Management Retail Clients
• CAD & CRD Credit Programs Development, Formulation, Approval and Implementation and carry out responsibilities with the support of the organizations at the Group, Country and Business levels.
• To ensure risks of processing failure are being actively controlled end-to-end.
• Ensure compliance with the Groups standards and regulatory requirements pertaining to Money Laundering and KYC.
• Participate in and / or support the Banks effort in combating money-laundering activities.
• Ensure compliance with local regulations and group policies.
• Ensure compliance to the operational Risk Framework including the effective application of risk toolkit eg. KPIs/KRIs, CSTs and reporting.
• Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.

Governance

• Support the governance related responsibilities as assigned by Country Credit Head or Head of Unsecured/Secured Risk

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key StakeholdersInternal

• Officers in Credit Risk Management
• Product teams of Secured & Unsecured Business
• Sales teams of Secured & Unsecured Business
• Operations
• Retail Risk Operations
• Group Retail Risk
• Legal & Compliance

External

• SCMAC
• GBS

QUALIFICATIONS:Business:

• Prior experience to Risk Policy / Risk Analytics
• Having experience of devising and implementing policies is preferred

Technical:

• SAS Suite, Base SAS, SAS STAT and Enterprise Miner
• Visual Basic for Applications
• Familiarity with basic analytical tools such as Decision Trees, Logistic Regression, exposure to Scorecard Development

Soft Skills:

• Good spoken and written communication

Apply now to join the Bank for those with big career ambitions.To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.,

Keyskills :
salesmanagementmiscustomer relationsqualitybase sassas statcredit riskrisk controlcredit policydecision treesgroup meetingsrisk governancerisk monitoringoperational riskpolicy managementportfolio analysis