Role Responsibilities
Job Summary
Assist Regional Head CPM ASA to establish and drive CPM strategy for ASA region.
Responsibilities
· Work as part of the Regional CPM ASA team to establish and drive CPM strategy for ASA region.
· Assist Regional Head of CPM to set and implement the strategy for ASA region in line with Global CPM strategy. Monitor delivery of business performance objectives for ASA Region, ensure adherence to CPM business conduct framework within the region.
· Enabling better and faster decision making by the frontline by providing transparency and global consistency, complementing the current Risk and Finance functions. This includes reinforcing first line ownership of risk
· Providing transparency on the cost and risk of a transaction to the Bank. Reviewing high priority transactions and advise relationship managers where necessary; providing input on frontline KPIs to help the team to ensure that they originate the right kind of business
· Monitoring the portfolio for any potential credit issues and help reduce exposures through secondary distribution and/or hedging - thereby playing a key role in reducing concentration risks and freeing up regulatory capital. Optimising the portfolio while remaining within risk tolerance
· Assist the strategy for CPM as it relates to management of CCIB stressed exposures across ASA region working closely with Stressed Asset Group. Work towards optimisation of RWA and liquidity in the legacy stressed asset portfolio for the ASA region and ensure appropriate data capture/ data management that can feed into and improve CCIB’s data / credit modelling regimes.
Strategy
· Hold the line on key risk and return decisions on GCAF/ RCAF while ensuring compliance with Group Risk Tolerance metrics
· Continue to partner with Compliance to embed the information walls and conflict management process
· Deliver CPM ASA region’s objectives – to be engaged in the developing and delivering of CCIB ASA strategy while ensuring alignment to the wider strategic needs and priorities of SCB.
· Reinforce first line ownership of risk.
Business
· Develop a culture which understands and evaluates the constant trade-off between new business, risk and capital deployment.
· Work closely with the deal teams to facilitate GCAF/ RCAF submissions, commitment tracking and sub optimal tracking.
Processes
· Ensure that there is a framework for effective management of operational risks within the function
· Work with other stakeholders to support the delivery of the CCIB strategy in a safe and well-controlled manner and on an end-to-end basis – incorporating infrastructure requirements and building a business for growth.
· Drive continuous improvement of the operational efficiency and effectiveness of the processes to increase the consistency of global systems and processes. This should enhance the business experience by process simplification and ease of doing business which is not limited to origination, credit and distribution.
People & Talent
· Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from CPM and work in collaboration with risk and control partners.
· Lead and reinforce strategic change and develop organization alignment geared towards the overall strategic direction of the CIB business to enable effective business performance.
· Provide effective leadership to the business, communicate the vision and build commitment and energy to focus on key priorities.
Risk Management
· Ensure there are appropriate frameworks in place so that the CPM business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed in conjunction with other stakeholders
· Ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines
· Ensure any audit and compliance issues relating to the CPM business are resolved in a timely manner
· Perform deep dives and deliver strategic action plans to proactively manage the CCIB ASA portfolio to mitigate the potential headwinds, and to also support opportunities that could arise from the circumstances.
· Proactively manage horizon risks, especially on macro country risks that could negatively affect the RWA and RoTE of the CCIB business.
· Monitor the portfolio for any potential credit issues and help reduce exposures through secondary distribution and/or hedging - thereby playing a key role in reducing concentration risks and freeing up regulatory capital. Optimising the portfolio while remaining within risk tolerance
Governance
· Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
· Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and Willingness to work with any local regulators in an open and cooperative manner.
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 stakeholders
· Relationship Managers, Product partners, Country CCIB Heads, Risk Approvers, FRISK
Other Responsibilities
· Embed Here for good and Group’s brand and values in Singapore / CCIB / Credit Portfolio Management
· Leverage the opportunity provided by Corporate Social Responsibility to enhance the Group’s internal and external reputation and indirectly influence the bottom line
· Promote the Group’s brand with clients, stakeholders and regulators
· Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
· Credit assessment skills; frontline credit analyst, product structuring or second line credit approver experience is preferred
· Business Communication and presentation skills are required
· Graduate qualifications (or conversions): Post-Graduate qualifications such as MBA, CFA, Chartered Accountancy.
· 15+ years of relevant experience in the banking and financial services industry. Experience in credit analysis and risk control functions.
· Ideally such experience should be within a business or Risk reporting role or working very closely with the business
· Experience in asset distribution, credit derivatives and asset securitisation.
· Experience in credit risk management principles and techniques
· Certifications - Credit skills assessment
Role Specific Technical Competencies
· Credit Risk Assessment
· Financial Analysis
· Deal structuring
· Loan Documentation
· Regulatory capital optimization
· Report Writing and Presentation Skills
· Risk mitigation tools
About Standard Chartered
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 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.
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