Inform the development of business’ plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment
Communicate the strategic intent and collective agenda for the Function’
Maintain and develop the Function’s risk capabilities, and skills to meet ongoing business needs and plans
Supervise all processes where a member of the Function is the identified first line process owner
Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
Continuously improve the operational efficiency and effectiveness of the Function’s risk management processes
People and Talent
Help coaching the junior credit managers, with an aim to nurture the next generation of senior credit managers
Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits
Ensure the provision of ongoing training and development of the Function’s people Lead through example and build the appropriate culture and values within the business and across the wider organisation
Ensuring that the quality of Group Mandates, Business Credit Applications (BCAs) and other credit submissions meets Group standards, particularly with regards to the completeness and depth of risk analysis.
Approving breaches of Local Portfolio Standards, to the extent permitted by WB Credit Policy.
Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments
Ensuring credit related issues be timely raised to Senior Credit Officer with all necessary suggestions for rectifications
Assisting Senior Credit Officer on timely submission of portfolio reviews and ensure accuracy of credit portfolio data as and when required. Ensure EAR process is adhered to and take an active part in the monthly EAR discussions. Assisting relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management, where appropriate, in managing accounts to maximise recoveries and minimise losses.
Ensure compliance to the Operational Risk framework including the effective application of risk toolkit (self-assessments, KRIs, KCSs, etc) and reporting.
Initiate or assist stress tests as required by internal and external factors and review results and assess their implications
Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy
Direct appropriate response to material events or other risk issues that come to the SCO’s attention
Exercise risk control responsibility for Credit Risk, Corporate, Institutional and Commercial
Ensure that material risk exposures and related issues are reported to Senior Credit Officer and/or Function as appropriate
Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally
Actively participate in key committees or forums (if invited)
Ensure first line process owners understand and accept their risk management responsibilities
Maintain an open and cooperative relationship in dealings with regulators (if applicable)
Provide a reference point on credit systems for collating and passing on to Group Technology and Operations problems and proposed enhancements.
Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimise provisions.
Maximizing Economic Revenue through effective management of the risk/reward relationships.
Maintaining credit quality and standards of professionalism for the risk function.
Ensure effective implementation of Group Policies / Circulars / Procedures.
Undertake regular customer visits to better understand the business environment
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.
Lead the [country / business unit / function/ [team] to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
[Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].[Where relevant – Additionally, for subsidiaries or relevant non -subsidiaries]
Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
In country segment Heads, Senior Bankers, RMs, credit/Marketing groups
Head, Group Audit (Country)
Treasurer (Country) and various GM Head of Sales
Head SAG/SAR (Country and Regional)
Head, Legal Affairs and Compliance (Country)
Senior Credit Officer
Corporate and Institutional relationships in country
Members of the legal professions
Directors/Key contacts in the business community
Auditors / Government regulators
Our Ideal Candidate
Market knowledge: substantial experience in the banking industry, including demonstrated success in a similar or credit risk management role.
Business strategy and model: sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, interpersonal skills and multi-cultural awareness and sensitivity.
Risk management and control: demonstrated track record in successful management and ability to manage risk in a highly varied product base. Expertise in process design and control.
Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role of Senior Credit Manager.
Non-technical skills: relationship management experience- with external stakeholders, including regulators and rating agencies.
Role specific training which are mandatory and developmental
Risk management framework
Core credit curriculum
Other training as deemed mandatory by the bank and updated on a periodic basis.
Role Specific Competencies
Credit Risk Management
Operational Risk Management
About Standard Chartered Bank
We’re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can’t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion. Together we:
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
Flexible working options based around home and office locations, with flexible working patterns
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.
Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.