Standard Chartered

Role Responsibilities 

Second line of defence responsibilities

As SCM East China, responsible for the second line of defence responsibilities related to Credit Risk, which involves oversight and challenge of risk management actions from the First Line, including the following:

• The Group’s Enterprise Risk Management Framework (“ERMF”) with regards to Credit Risk, which sets out the Group’s approach to risk management and the control framework within which risks are managed and risk-return trade-offs are made. Ensure that the relevant first and second line owners understand and accept their risk management responsibilities. 
• The Group’s Risk Appetite Framework, with regards to Credit Risk, which sets out the Group’s appetite to material risk types that it is exposed to. Monitor compliance to Board approved risk appetite using the risk information report covering principal risk-types Credit Risk; and highlight significant matters to the attention of senior management and senior risk committees. 
• Ensure a robust effectiveness review process for the ERMF with regards to Credit Risk, and escalate significant matters and/or gaps in ERMF implementations to senior management and the relevant Board level committees as relevant.

Governance framework

• Building a culture of good conduct in the Risk function, and embedding the Risk Culture statement as described in the ERMF.

Strategy

• Inform the development of business[1] plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.

Business

• Communicate the strategic intent and collective agenda for the Function
• Maintain and develop the Function's risk capabilities, and skills to meet ongoing needs and plans

Processe 

People & 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
• Lead through example and build the appropriate culture and values within the business and across the wider organisation

Risk Management

• Ensuring that the quality of Group Mandates, Business Credit Applications (BCAs) and other credit submissions meets Group standards, particularly with regards to the completeness and depth of risk analysis.
• Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments
• Ensuring credit related issues be timely raised to Senior Credit Officer with all necessary suggestions for rectifications
• Assisting Senior Credit Officer on timely submission of portfolio reviews and ensure accuracy of credit portfolio data as and when required. Ensure EAR process is adhered to and take an active part in the monthly EAR discussions. Assisting 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 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
• Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally
• Maintain an open and cooperative relationship in dealings with regulators (if applicable)
• Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimise provisions.
• Ensure effective implementation of Group Policies / Circulars / Procedures.
• Undertake regular customer visits to better understand the business environment
• Comply with both SCB Group AML policy/procedure and China local AML regulatory requirement.

Governance 

Properly perform the duties on supervisory, audit and risk control, including but not limited to

• To contribute in the formulation or amendment of audit, risk control and accountability policies
• To participate in the internal investigations or reviews on regulatory failure such as accountability review
• Be responsible for regulatory failure or risks arising from or in connection of failure to perform the duties on supervisory, audit and risk control

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

• CCIB RM/CA team, products team such as Transaction Banks, Financial Market, Financing Solution, Risk governance team and Compliance team

Qualifications

Training, licenses, memberships and certifications

• Bachelor’s degree with preferably a Master’s degree
• Corporate credit experience of at least 10 years with a minimum of 5 years as a credit approver with own discretionary lending authority
• Track record of credit experience covering names in East China/ YRD 
• Mature and balanced approach to risk management.
• Fluent in English and Mandarin 

Our Ideal Candidate 

• Risk Management - C & I Credit Risk

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.

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