Unsecured Credit Risk Management Lead
5 days ago
We are seeking a seasoned Unsecured Credit Risk Management Lead to join our team at STANDARD CHARTERED BANK (SINGAPORE) LIMITED. This is an exceptional opportunity for a highly skilled professional to take on a leadership role and drive business growth while ensuring the highest standards of risk management.
Job Summary:
The Unsecured CRM Head will be responsible for overseeing financial and non-financial risks related to CCPL credit portfolios, managing the credit risk profile of the CCPL portfolio in Singapore, and supporting business growth objectives. This key role reports directly to the Country Credit Head, SG, and is based in Singapore, the location of Standard Chartered's finance hub in ASEAN.
Responsibilities
- Develop and maintain credit policies to ensure consistency with the overall risk appetite of the Unsecured WRB business (Credit Cards and Personal Loans).
- Provide insightful and robust analysis to facilitate credit policy and risk appetite discussions and decision making in credit risk governance and management meetings.
- Maintain Credit Portfolio management actions (including underwriting standards) for Unsecured products (Credit Cards and Personal Loans) to ensure alignment with agreed risk appetite, reflect key risk characteristics of the portfolio, and enable effective controls.
- Supervise the implementation and enforcement of credit policies and risk control procedures for consistent applications.
- Present the unsecured portfolio with robust and insightful analysis in portfolio review meetings to facilitate risk reward trade-off discussions and decisions.
- Conduct periodic reviews on CCPL portfolios to ensure optimal decision-making.
- Strategic initiatives via CET to explore new opportunities and challenge the effectiveness of existing policies.
- Support smooth implementation of credit policies to ensure effective execution.
- Lead regulatory risk assurance units to ensure compliance for MAS 635 and other regulations concerning unsecured lending in Singapore.
Requirements
- 12+ years of experience in Credit Risk Management, Analytics, and Risk framework.
- Bachelor's university degree, preferably in a Quantitative Discipline.
- Good knowledge of banking practice, financial markets, Basel III, and Retail Banking lending products.
- Strong analytical skills and ability to make independent decisions with a strong sense of empowerment and influencing skills to command respect from a cross-functional set of professionals at senior levels (internal and external).
- Proven leadership skills.
- Languages - Excellent communication skills – written and oral.
Compensation and Benefits
We offer a competitive salary range of SGD 200,000 - SGD 300,000 per annum, depending on experience, plus benefits including core bank funding for retirement savings, medical and life insurance, time-off including annual leave, parental/maternity leave, sabbatical, volunteering leave, flexible working options, proactive wellbeing support through Unmind, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders, and self-help toolkits.
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