Senior Credit Manager, CIB

Roles & Responsibilities

JOB SUMMARY

Job holder is 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. Jobholder, 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.

Wholesale lending decision responsibilities

Being responsible for final credit decision for wholesale lending facilities pertaining to CIB Singapore.

Key Responsibilities

To assist SCO Singapore to achieve the following:

• Ensuring that the quality of Business Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.
• Approving breaches of Portfolio Standards, to the extent permitted by Credit Policy.
• Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments.
• Ensuring timely submission and accuracy of Singapore credit portfolio data to the Risk Committee. These
• include, but may not be limited to, the following:
  • Risk MI reports
  • All approved exposures in CIB (as required by local regulator Reporting)
  • Details of approved breaches of Group and Local Credit Policy (including details of mitigating circumstances)
  • Country Risk exposure
• Monitoring compliance with credit policy and Portfolio Standards a monthly basis at least and reviewing any divergence thereof with the CEO, Client Coverage (CC) Head/Segment Heads to ensure credit quality targets are achieved.
• Ensure Early Alert Review ("EAR") process adhered to and lead monthly EAR discussions.
• Ensure compliance to the Operational Risk Framework including the effective application of risk toolkit (self- assessment), KRIs, KCSs, etc) and reporting.
• Assess the credit risk profile of the CIB Singapore portfolios, maintaining alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.
• Initiate 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 business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
• Direct appropriate response to material events or other risk issues that come to Senior Credit Manager, CIB Singapore attention.
• Exercise risk control responsibility for Credit Risk for CIB Singapore portfolios.
• Ensure risk capabilities are objective, consistent and compliant with applicable regulations.
• Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate

Skills and Experience

Our Ideal Candidate

• Experience: 10+ years of relevant corporate credit experience, including demonstrated success in a similar role.
• Risk management and control: demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control.
• Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role of Senior Credit Manager
• Banking training: Role specific training which are mandatory and developmental
  • Risk management framework
  • Core credit curriculum

Role Specific Technical Competencies

• Risk – CIB Credit Risk

• Risk Management – Communication and Influencing

• Risk Management - Operational

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.

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

Tell employers what skills you have

Charter
Assertive
Enterprise Risk Management
Stress
Credit Management
Risk Management
Business Strategy
VCS
Wholesale Lending
Banking
Finance
Regulatory Requirements
Senior Stakeholder Management
Oral & Written Communication Skills
Credit Risk

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