Management, Development and implementation of credit policies and risk management strategies for effective portfolio management.
Management, motivation and guidance of unsecured team.
Meeting LI budget and benchmarks for unsecured products.
Development and management of portfolio MIS for effective portfolio tracking, triggers and exploration to assist the business in achieving the optimum risk reward equation.
Support Business in existing and new product development to assist in meeting business objectives.
Implementation of Local Risk strategies.
Implementation and management of regulatory changes.
Key Roles and Responsibilities
ASSIST HEAD, CREDIT POLICY AND RISK REVIEWS, UNSECURED, RETAIL CLIENTS to:
Develop and maintain the credit policies to ensure the consistency with the overall risk appetite of the Retail Clients business.
Ensure consistent application and enforcement of credit policies, processes and controls in all markets.
Anticipate changes in credit conditions, work with respective credit officers in markets to implement effective portfolio actions that mitigate potential risks.
Proactively manage the portfolio credit risk profile within agreed risk appetite. Reduce P&L volatility by prompt escalation of potential risks / issues to safeguard a largely "surprise free" and well managed book.
Provide insightful and robust analysis to facilitate credit policy and risk appetite discussions and decision making in the credit risk governance and management group meetings.
CREDIT POLICY MANAGEMENT
Maintenance of the Credit Policy for Retail Clients to ensure that it's aligned to the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls.
Supervision the implementation and enforcement of the credit policies and risk control procedures for consistent applications across markets; ensure that processes are in place for the Risk Officers in Country to monitor the adherence.
Presentation of the unsecured portfolio with robust and insightful analysis in Credit Policy Management Group meetings to facilitate risk reward trade off discussions and decisions.
Development, implementation and execution of credit policies and strategies to achieve quality portfolio.
Development, implementation and execution of policies and strategies for effective portfolio management.
Conduct periodic review on CCPL portfolio to ensure optimal decision-making.
Strategic initiatives via CRDs to explore new opportunities and challenge the effectiveness of existing policies.
To support smooth implementation of credit polices to ensure effective execution.
Understand sensitivities to key risk drivers and potential stress impact on the portfolio. Monitor external factors such as state of the economy, regulatory environment and other emerging risk trends. Ensure that Portfolio Standards evolve appropriately to proactively manage changes in external environment, strategy and/or risk appetite.
Monitor, review and control risk profiles (e.g. Risk grade migration, risk concentration, RWA) to ensure that portfolio shape is in line with strategy.
Ensure development of quality MIS to monitor on-us and off-us portfolio shifts via segmentation and identify risks and opportunities. Ensure MIS decks provide adequate segmentation and profitability indicators.
Perform in-depth portfolio analysis on identified business issues.
Conduct program tracking to ensure continuous validation of credit policies for essential program rollouts.
Contribute to design of credit process around portfolio activation/ intervention and drive automation to improve the efficiency and effectiveness of portfolio management process.
Continuously improve the way we work by driving cost effectiveness and automation of credit processes.
OPERATIONAL RISK To exercise Process Ownership for the following processes:
Portfolio Management - Retail Clients
CAD & CRD Credit Programs Development, Formulation, Approval and Implementation and carry out responsibilities with the support of the organizations at the Group, Country and Business levels.
To ensure risks of processing failure are being actively controlled end-to-end.
Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
Participate in and / or support the Bank's effort in combating money-laundering activities.
Ensure compliance with local regulations and group policies.
Ensure compliance to the operational Risk Framework including the effective application of risk toolkit eg. KPIs/KRIs, CSTs and reporting.
Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.
Qualifications and Skills
Joint responsibility on loan impairment, delinquency and credit risk cost management performance.
New business booking quality as evidenced by MOB analysis.
Timely and accurate actions to support good portfolio growth and optimized risk return decisions.
Rigorous monitoring and review of CRDs, new program or new initiatives.
Pro-active engagement with business for strategy development and with CI / Collections for strategy execution / feedback.
Innovative, cost effective and automated solution/process for risk management / new business initiatives.
No direct business targets on asset growth or portfolio profitability.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.