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.Job Purpose:

• Management, Development and implementation of credit policies and risk management strategies for effective portfolio management for Business banking LAP Portfolio
• Meeting LI budget and benchmarks for Business Banking LAP Portfolio
• Development and management of portfolio MIS for effective portfolio tracking, triggers and exploration to assist the business in achieving the optimum risk reward equation.
• Support Business in existing and new product development to assist in meeting business objectives.
• Implementation of Local Risk strategies.
• Implementation and management of regulatory changes.

Key Responsibilities:Assist Head Credit Policy and Portfolio Management to:

• 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 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 acquisitions through Direct Assignment transactions
• Review of Policy and Process standards followed by various originators for direct assignment transaction, understand the risk profile of the underlying portfolio and the pool under review
• Identify key risk drivers for the Portfolio and design selection criteria to ensure portfolio selection process results in selection of clients meeting SCB policy thresholds and the portfolio that is expected to perform within the risk appetite of the bank
• Design execution of review process for portfolio selection, ensure compliance to regulatory and bank s internal standards.
• Monitor the performance of the portfolio post acquisition and engage with originator on regular intervals to understand the collection performance on the portfolio.

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 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 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.

Key Skills:Business:

• Prior experience to Credit Cards & Personal Loans Risk Policy
• Exposure to Credit Cards and Personal Loans analytics is a plus
• Having experience of devising policies with online aggregators / fintech risk policy experience 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

Key Relationships:Contact (Internal):

• Risk Managers
• Business teams
• Credit Initiation
• System Development / Technology
• Legal and Compliance
• Group Credit
• Collections and Recoveries

Contributes To:

• Joint responsibility on loan impairment and delinquency of the assigned portfolio.
• New business booking quality as evidenced by MOB analysis.
• Timely and accurate actions to support good portfolio growth and optimized risk return decisions.
• Rigorous monitoring and review of CRDs, new program or new initiatives.
• Pro-active engagement with business for strategy development and with CI / Collections for strategy execution / feedback.
• Innovative, cost effective and automated solution/process for risk management / new business initiatives.
• No direct business targets on asset growth or portfolio profitability.

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 :
operational riskcredit policybase sasrisk governancerisk controldecision treescredit risknew product developmentnew businesspersonal loansrisk managementgroup meetingssas statcost effective