Job Summary

As a Band 7 role supporting SCB AG within the Global Risk Services Organisation, the position will act as a second line of defence for the CIB portfolio, specifically tailored to SCB AG's operational segments and requirements. The remit will primarily focus on oversight of risk management activities and metrics for segments such as Corporate Banking, Financial Institutions, and Specialized Finance

Key Tasks Include

Providing independent check and review of credit origination proposals, ensuring alignment with SCB AG's risk appetite and regulatory obligations.
Maintaining portfolio quality by monitoring key risk indicators, identifying emerging risks within SCB AG's segments, and escalating to Senior Credit Managers in SCB AG.
Providing assistance to the Senior Credit Managers on ad-hoc projects as required.
Contributing to the development and maintenance of risk management capabilities within the Function, ensuring ongoing compliance with SCB AG's strategic objectives and regulatory requirements.
Ensuring all roles and responsibilities are performed in accordance with the Service Level Agreement (SLA) between Global Risk Services and SCB AG, while upholding the spirit of the recommending credit risk officer as outlined in the job description.

Key Responsibilities

Strategy

Aligning with Group's Business Strategy with the provision of cost and impairment forecasts and a balanced judgement on the external environment.
Provide proactive and holistic risk management through identification of emerging risks in the portfolio and assist the SCM/SCO to keep the portfolio in good shape and ensure appropriate risk culture and discipline.

Business

Communicate the strategic intent and collective agenda for the Risk Function.
Maintain and develop the Function's risk capabilities, and skills to meet ongoing business needs and plans.
Identify measure and monitor material risk affecting the portfolio in the context of the external market environment.

Processes

Support the Senior Credit Manager (SCM)
Oversee all pertinent credit and monitoring procedures for the assigned portfolio.
Ensure robust management of operational risks within the Function, maintaining compliance with all relevant internal policies, as well as legal and regulatory requirements.
Drive continuous enhancement in the operational efficiency and effectiveness of the Function's risk management processes.

People & Talent

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.
Effective team-work and shared goals between the various units in Client Relationship and the rest the Bank.

Risk Management

Ensuring that the quality of Business Credit Applications (BCAs) and other credit submissions meet SCB AG standards, particularly with regards to the completeness and depth of risk analysis.
Ensuring adherence to Country Portfolio Guidelines and Local Lending Policy (from credit risk perspective)
Ensuring that Credit Policy breaches are identified and notified to SCM.
Ensuring credit related issues are raised in a timely manner to SCM.
Ensure compliance to the Operational Risk framework including the effective application of risk toolkit (self-assessments, KRIs, KCSs, etc) and reporting.
Exercise risk control responsibility for the portfolio.
Ensure effective implementation of SCB AG Policies / Circulars / Procedures.

Governance

Assisting Senior Credit Managers/ Senior Credit Officers to deliver effective governance, oversight and controls in the business.
Awareness and understanding of the regulatory framework, in which SCB AG 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.

Key stakeholders

SCB AG Senior Credit Managers and Senior Credit Officers

Skills And Experience

Candidates should hold a relevant degree and demonstrate a willingness to learn and develop within the banking sector. While prior experience is not required, an interest in understanding risk assessment and metrics is key. Applicants should show potential for sound judgement in credit risk matters, possess good interpersonal abilities, and demonstrate an openness to working with colleagues from diverse backgrounds.
Risk management and control: Candidates should display an eagerness to learn about risk management in a variety of settings and gain an understanding of process design and controls, even if they have not yet had practical experience in this area.
Training: CCC and risks in complex transactions and all bank-wide regulatory / compliance training applicable
Strong written and spoken communication skills in English. Working knowledge of a second language would beneficial.
External:
Internal: Core Credit Curriculum
E-learnings: As advised, from time to time.

Role Specific Technical Competencies

Proficiency in reading financial statements

Attention to details

Credit Risk Assessment

Credit Policies and Process

Communication skill

Stakeholder management experience

Willingness to work in shifts timing (11 AM - 8 PM IST), if needed

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.

Associate, CIB Credit Risk