Head of Credit Risk

**About SC Ventures**

SC Ventures is Standard Chartered’s innovation, fintech investment and ventures arm. We were established to reinvent banking, as the significant technological disruptions to the industry was impacting its ability to serve clients and customers, in the ways they needed to be served.

We are a unique ecosystem of innovators, banking experts, business builders and partners who are focused on rewiring the DNA in banking and bringing breakthrough ideas to scale, together.

We are building ecosystems around four high conviction themes: Online Economy & Lifestyle, SMEs & World Trade, Digital Assets, and Sustainability & Inclusion.

We are a global team of "Members" (excluding individual ventures), including dedicated colleagues from the Group's support functions, based in Singapore, Hong Kong, London, and the United Arab Emirates.

**JOB SUMMARY**
- Responsible for second line oversight for SC Ventures (“SCV”) which includes review, challenge and advice of risk management actions of the Business.
- Responsible for second line oversight, review, challenge and advice on SCV investment related activities
- The delegated Subject-Matter-Expert for the following Risk Types for SC Ventures:
Principal Risk Types:
Credit,
Traded,
Treasury, and
Operational Risk - Governance

**RESPONSIBILITIES**

**Strategy**
- Provide strategic risk advice for delegated Risk Types across SC Ventures and provide direct guidance to the investment related activities on alignment to framework and policy requirements. Direct the First line on Risk Management requirements for delegated Risk Types.
- Lead strategic risk assessments on the competitor landscape for delegated Principal Risk Types.
- Propose the Risk Appetite for SC Ventures (and underlying Venture entities) for delegated Risk Types.
- Input into the risk, performance management and remuneration processes for relevant staff to encourage the development of an appropriate risk culture and discipline.

**Business**
- Lead the strategic intent and collective agenda for SCV Risk for the business and investment related activities for delegated Risk Types (Credit Risk).
- Provide Group and external information, guidance, best practice and expertise to inform the approach for SCV Risk management for delegated Risk Types (Credit Risk and Operational Risk)
- Review, challenge and advise on the alignment of SCV’s business strategy to the relevant Group Credit risk and Operational Risk requirements.

**Processes**
- Manage all Credit Risk and Operational Risk governance processes which are owned by the SCV Risk (as delegated) including the effectiveness of the risk control environment.
- Continuously improve the operational efficiency and effectiveness of processes (as delegate) run by SCV Risk.
- Enforce effective management of risks and compliance with applicable internal policies (focus on Credit Risk), and external laws and regulations for SCV for delegated Risk Types.
- Regularly review audit reports / business risk reviews / and identify key trends and own uplift / remediate within SCV for delegated Risk Types (Credit Risk).

**People & Talent**
- Reinforce a culture of continuous learning and development within the SCV Risk.
- Support an open environment to stimulate creativity and develop innovative solution to supports Group’s aspiration.
- Lead through example and build the appropriate culture and values.
- Maintain an appropriate tone in collaboration with risk and control partners.
- Review ongoing training and development requirements for SC Ventures for Financial Risk Types and deliver training to support roles as required.

SC Ventures Risk Management
- Develop and maintain the policies and standards for delegated Risk Types which sets out SCV’s and individual Venture’s approach to risk management and the control framework within which risks are managed.Identify material risks (aligned to delegated Risk Types) that SCV / Ventures may be potentially exposed to and direct relevant activities to manage and control these risks within Risk Appetite for delegated Risk Types.
Validate that First Line and Second Line understand and accept their risk management responsibilities for delegated Risk Types.
Deliver requirements to support an effectiveness review process for delegated Risk Type Policies and Standards to confirm robust second line oversight and challenge and direct remediation actions for any deficiencies found.
Deliver second line oversight, review, challenge and advice on delegated Risk Types (Credit Risk and Operational Risk)

**Governance**
- Maintain a good understanding of the risk governance requirements of key external and internal stakeholders for delegated Risk Types and ensure that these are well understood internally and reflected in internal procedures.
- Maintain an open and cooperative relationship in dealings with regulators.

**Regulatory & Business Conduct**
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
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