Senior Credit Manager Bahrain&Middle East

Job Description

The Role ResponsibilitiesStrategy

• Support the Chief Credit Officer / Senior Credit Officer in planning the development of risk parameters for MENAP according to Risk Appetite and Policy Frameworks and documents in the relevant Portfolio Guidelines/Risk Appetite Mandates.
• Support the Chief Credit Officer / Senior Credit Officer in the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.

Processes

• Control the portfolio within the set risk parameters to ensure the risk profile is within risk tolerances.
• Ensure credit approvals are within delegated authorities.
• Ensure compliance with applicable internal policies, and external laws and regulations.
• Continuously improve the operational efficiency and effectiveness of the risk management processes.

Risk Management

• Assess the credit risk profile of the Corporate, Institutional & Commercial Banking portfolio, maintaining alignment with risk appetite by rebalancing any risks or controls that may be required in response to internal and external factors.
• Perform stress tests as required by internal and external factors and review results and assess their implications. Ensure that effective management response plans are in place to respond to extreme but plausible scenarios.
• Uphold the integrity of risk/return decisions, by challenging the business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
• Direct appropriate responses to material events or other risk issues that come to the Senior Credit Manager s attention.
• Assist the Chief Credit Officer / Senior Credit Officer in exercising risk control responsibility for Credit Risk, for the CCIB businesses in Middle East
• Ensure risk capabilities are objective, consistent and compliant with applicable regulations.
• Ensure the quality of Business Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.
• Improve BCA TATs and ensure BCAs are renewed in time and BCA overdues and extensions are kept within the thresholds.
• Maintain clear understanding and implementation the ERMF for Credit Risk.
• Design, maintain and effectively communicate risk control parameters across the Business, including policies, control standards, risk exposure limits and other control levers in order to maintain the risk profile in line with the Groups risk appetite.
• Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures.
• Assist the Chief Credit Officer / Senior Credit Officer in obtaining assurance regarding the effectiveness of the business controls and compliance with applicable laws & regulations.
• Participate in key committees through standing membership when and where required.
• Maintain an open and cooperative relationship in dealings with regulators when and where required.
• Assist the Chief Credit Officer / Senior Credit Officer in formulating and obtaining approval of Portfolio Guidelines / Risk Appetite Mandates which are supportive (from a Credit Risk perspective) of the business strategy of various segments.
• Approve breaches of local Portfolio Guidelines/Risk Appetite Mandates, to the extent permitted by Credit Policy / delegated authority.
• Monitor compliance with Credit Policy and Portfolio Guidelines/Credit Approval Documents/Risk Appetite Mandates on a periodic basis and review any divergence thereof with the CEO, Client Coverage (CC) Head/Segment Heads to ensure credit quality targets are achieved.
• Ensure the EAR process is adhered to and participate in monthly EAR discussions as required. Assist 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 maximize recoveries and minimize losses.
• Co-ordinate with local resources to ensure that credit systems are installed in accordance with Group standard. Provide a reference point for collating and passing on to Group Technology and Operations problems and proposed enhancements. Ensure that new users are trained on all credit systems.
• Maintain Credit quality and high 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.
• Prepare periodic monitoring reports such as the Risk Appetite Mandate tracker/Portfolio Guidelines tracker.
• Regularly review audit and CRR reports / KCIs & CSTs and identify key trends.
• Assist with any input as required from Credit Risk to assist the CCRO office.
• Support CRC by monitoring and reviewing the daily excess reports / CMS reports (for documentation deficiencies) / monthly RB reports and any other relevant reports.
• Ensure the timely submission of various Credit Risk reports to Finance and Compliance for Regulatory Reporting to the respective Central Banks.
• In partnership with Group Risk function colleagues:
  1. Ensure the effective application of risk identification, measurement and modeling capabilities which are objective, consistent and compliant with Group standards and applicable local regulations.
  2. Maintain an effective communication of risk control parameters, including policies, control standards, risk exposure limits and other control levers in order to comply with local regulations and practices and ensure that the Groups risk profile is consistent with the overall risk appetite set by the Board.
  3. Obtain assurance regarding effectiveness of controls and compliance with applicable laws and regulations.

Governance

• These activities are covered under the risk management section above. Not applicable.

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.
• Assist in achieving 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.

Other Responsibilities

• Embed Here for good and Groups brand and values in the CCIB Credit Risk team in Middle East
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

QUALIFICATIONS:

• Preffered Experience in banking. Functional experience in Corporate Banking Credit Risk Management.
• Preferred MBA /CA/CFA with experience in Credit Risk Management/ relationship management.
• Good communication skills written and oral;
• Good knowledge and grasp of banking practice, financial markets, Basel II and ICAAP, risk appetite, and portfolio management techniques;
• Strong analytical skills and ability to influence and resolve disputes. Enjoy decision making and have sense of ownership;
• Multi cultural awareness and sensitivity;
• Command respect of cross functional peers and business heads working in open ended situations;

1. Risk management framework2. Corporate Credit Risk Management Certification (CCRMC) or equivalent.Other training as deemed mandatory by the Bank and updated on a periodic basis.,

Keyskills :
creditunderwritingfinancebankingsalescredit risk managementglobal business managementbasel iicredit riskrisk controlcredit policyrisk managementclient coveragecorporate creditcorporate bankinganalytical skills