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Credit Manager, Medium Enterprises, Credit Risk Management

Employer
Standard Chartered Bank
Location
Hong Kong, Hong Kong
Salary
Competitive
Closing date
Aug 19, 2022

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Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Role Responsibilities
Strategy
  • Assist Senior Credit Officer ("SCO") to manage the corporate credit portfolio of Medium Enterprises ("ME"), within Business Banking to comply with the acceptable parameters, as defined by the relevant credit policies, and ensure that the reporting of information relating to that portfolio is timely and accurate.
  • Instil a strong credit culture by setting the highest standards and demanding that these are maintained by all Business teams in country as the first line of defence.
  • As the second line of defence, work with the Business' to deliver its strategy in a safe manner, and after considerations of the external environment and provision of cost and impairment forecasts, make a balanced judgement.
Business
  • 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.
Processes
  • Supervise all processes where ME Credit is one of the identified process owners.
  • 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.
Risk Management
  • Ensure that the quality of Group Mandates, Business Credit Applications ("BCAs") and other credit request submissions, whichever is applicable, meets Group standards, particularly with regards to the completeness and depth of risk analysis.
  • Formulate and obtain approval on breaches of local portfolio standards to SCO or above with reasonable justification.
  • Ensure credit related issues be timely raised to SCO with all necessary suggestions for rectifications.
  • Assist Senior Credit Officer on timely submission of portfolio reviews and ensure accuracy of credit portfolio data as and when required. Ensure Early Alert ("EA") Standard is adhered to and take an active part in the monthly EA case discussions. Coach Relationship Managers ("RM") in identification and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management ("GSAM") or Collection team, 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 clients of Medium Enterprises in Business Banking.
  • Ensure that material risk exposures and related issues are reported to SCO 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.
  • Effectively manage the loan asset portfolio from the risk / reward relationships angle in order to help develop the franchise in a sustainable way and minimise provisions for achieving optimal Return on Risk Weighted Asset ("RoRWA").
  • Maintain credit quality and standards of professionalism for the risk function.
  • Ensure effective implementation of global policies, standards and initiatives.
  • Undertake regular customer visits to better understand the business environment.
Regulatory and 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.
  • Work with the HK Credit Risk Management teams to achieve the outcomes set out in the Bank's Conduct Principles such as Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment, where appropriate and applicable.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Internal
  • Business Heads, Senior Bankers, RMs, Credit/Marketing groups (Country)
  • Head, Group Audit (Country)
  • Treasurers / Financial Market Sales (Country)
  • Head, GSAM or Collection (Country and Regional)
  • Head, other Principal Type Risks such as Legal Affairs, Compliance, Operation and Fraud Risk (Country)
  • Credit Heads of CPBB/ CCIB and/or other countries.
External
  • Corporate and Institutional relationships in country
  • Members of the legal professions
  • Directors / Key contacts in the business community
  • Accountants / Consultants
  • Auditors / Government regulators
Our Ideal Candidate

  • Minimum 8 years of credit management experience covering discretionary lending.
Market Knowledge
  • Solid experience in the banking industry, including demonstrated success in a similar role.
Business Strategy and Model
  • With good business acumen (including ability to assess risk and appropriate levels of return), good interpersonal skills and multi-cultural awareness and sensitivity.
Risk Management and Control
  • Ability to manage risk in highly varied product base. Expertise in process design and control.
Regulatory Framework and Requirements
  • Awareness and understanding of the Hong Kong regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.
Non-technical Skills
  • Good relationship management experience.


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 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

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