JOB SUMMARY
- The Senior Manager, Credit Risk Review will support the Team Leader, Credit Risk Review in providing an assessment of risks at a portfolio level, supported by intelligent review of portfolio data, risks already identified and discussed in various risk forums and an independent verification through tools such market checks, peer comparison etc., In addition, there will be a clear responsibility for ensuring high quality governance around the CRR processes are implemented and followed on an ongoing basis. Continuous assessment of portfolio and governance are the two key objectives for the team in which the Senior Manager, Credit Risk Review will work in.
- The scope of coverage includes the Corporate and Investment Banking (CIB) portfolio
RESPONSIBILITIES
Strategy
- To provide a risk focused, fact-based assessment of CCIB clients’ performance on all elements of the Credit Risk Framework specifically:
- Risk Management Principles
- Risk Management Approach / Quality of the Portfolio
- Risk Management Enablers
- Risk Governance
Business
- Understand and implement the strategic intent and collective agenda for the Function.
- Maintain and develop personal risk capabilities and skills to meet ongoing needs and plans.
Processes
- Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations.
- Contribute to the continuous improvement of the operational efficiency and effectiveness of the Function’s risk management processes.
- Ensure that all work undertaken as a member of the Credit Risk Review function is delivered to the highest standards and within agreed budgets each year.
- Contribute to the development and maintenance of work programmes which reflect the current business organisation and operating environment.
- As directed to perform, support and lead the planning, fieldwork and reporting of Credit Risk Review’s engagements to deliver agreed objectives.
- Where guest reviewers are employed by Credit Risk Review, encourage and develop teamwork, and provide technical coaching.
People & Talent
- Demonstrate the appropriate culture and values within the function and across the wider organisation
- Undertake a detailed review of the credit quality, focusing on samples of individual credits, from origination, through to structuring, monitoring and report documentation to provide assurance of effective planning, communication, control, and risk management.
- Provide an independent assessment of the credit process and governance benchmarked against Portfolio Standards, Group Policies and Procedures, and Group values.
- Execute the Credit Risk Review function for CCIB and ensure that the programme of reviews is undertaken in accordance with the approved Terms of Reference for the function.
- Ensure that reviews provide a combination of assurance and anticipation; that the reports and findings are accepted by the CCIB business, and any actions arising therefrom are followed through to closure.
- Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood.
- Maintain an open and cooperative relationship in dealings with regulators
- Responsible for delivering effective governance.
- Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
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 Credit Risk Review to achieve the outcomes set out in the Bank’s Conduct Principles
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Internal:
- Respective Group and Regional Credit Risk Committees
- Group and Regional Business Heads
- Group and Regional Heads of Audit, Legal & Compliance, and Operations.
- Regional Chief Risk officers, Chief Credit Officers and Senior Credit Officers
- Country Business and Segment Heads
- Business Chief Operating Officer
- PGC Chairpersons
- Group Head of Operational Risk
- Country CEOs
- Group Head GSAM
External:
- Regulators (at Group and Country level).
Our Ideal Candidate
- 10+ years of experience in Credit Risk, preferably within the Corporate and Investment Banking
- Effective Management of Credit Risk related to Corporate, Commercial and Institutional Clients
- Prior experience in Credit Risk, credit Approval or credit Analysis experience would be a very strong contributing factor.
- Knowledge of Policies: Understanding of the Credit Policies, Standards, Credit Risk Type Framework, and various Credit Application Systems
- Understanding of CIB business and Credit Risk
- Understanding of Risk management principles and governance
- CIB suitable accreditation which includes Corporate Credit Risk Management Certification (CCRMC) and/or Financial Institutions Credit Curriculum (FICC)
Role Specific Technical Competencies
- Credit Risk Management
- Understanding of the Credit policies and procedures
- Strong analytical, communication and interpersonal skills
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
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 leave, parental/maternity (20 weeks), sabbatical (12 months 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.
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.
Visit our careers website www.sc.com/careers
