• Manager , Credit Limits Monitoring Jobs in Chennai,India

  • Standard Chartered Bank Ltd
  • Save Job
  • 3 - 6 Years
  • Posted : above 1 month

Job Description:

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

Overview

Risk & Compliance, Reporting & Change Management (RCRCM) Unit faces the Group Risk Function with a peripheral support to CEO CIB Function

It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting and Change management teams of the Group Risk

The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management Current opening is in the below space

Traded Risk Management - Limits Monitoring Team

Limits Monitoring Team performs monitoring of credit limit breaches for traded credit risk products The monitoring is done on the business day after the Trade date and potential unauthorised excesses are reported to the TRM world The team is involved in investigation of the Potential unauthorised excesses, by communicating/ conversing with the traders and respective TRM region Team is also involved in generation of MI relating to Excess Email approvals, Open Excess reports and monthly reports like Vigilance reports, Unknown Issue Issuer mapping report etc for various stakeholders encompassing the Group Market & Traded credit Risk teams and Group Risk COO office Mainly volume driven unit where emphasis Is also on financial markets product knowledge

Strategy

Help to ensure appropriate BAU controls being established and deployed effectively in GBS

Help to support new Business requests through Product programmes and Country addendums

Help to look for possibilities of leveraging on synergy within the various processes through automation thereby bringing in improvements

Business

Help the team to pursue the strategic intent and agenda for RCRCM

Help to improve client experience through more efficient and effective processing in tandem with Risk, Client Coverage and Front Office users

Processes

Limits Monitoring Team

Daily Limits Monitoring on FM transactions based on the utilization information received from Adaptive Credit Risk (ACR)

Investigation of excesses with Sales/ Traders and liaising with TRM in closure of excesses

Involvement in UAT on ACR releases and trading platform migration (eg Feds to Razor implementation)

Handle volume pressure and work proactively with the team to resolve the excesses much before SLA

People and Talent

Compliance with all relevant process procedure, guidelines, rules & regulations

To work and solve problems independently and be able to work in a deadline oriented environment

Risk Management

Embed new Operational Risk framework into monitoring processes and report any escalations to Management

Monthly monitoring of CST and performance measurement of KCIs

Governance

Work closely with Operational Excellence & Change management team members to understand key issues and processes and drive automation of processes

Adherence to mandatory certifications and operational requirements

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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

Group Traded Risk Management(TRM)

Group Enterprise Risk Management Team

Group Risk & Compliance Infrastructure and change management

Associated Technology partners

Business desks

GBS Management team

Other Responsibilities

Participate in at least 2 days of volunteering per year

Participate in engagement activities of Risk Ops and GBS

Be motivated and actively engage in activities like innovation and automation initiatives

To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities

QUALIFICATIONS

Post-Graduation in Finance with relevant 3 yrs experience, Risk Certifications from established institutions is recommended

FRM Certified candidates will be preferred

Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS/ will be preferred

General Skill Set

1 Strong knowledge in banking products across asset classes (FX/Rates/ Equity/ Credit and Commodities)

2 Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures

3 Excellent communication skills - verbal and written

4 Ability to work under pressure

5 Have excellent attention to detail

6 Be able to work in a global team

7 Expertise in programming language is not required but good to have

8 Working knowledge in MS Excel, Access

9 Knowledge about Market and Credit Risk

10 Documentation skills

11 Working knowledge of the Groups businesses, governance structure and approach to risk management

12 Familiar with infrastructure change projects and is able to understand the project lifecycle in order to challenge status commentary and milestones

13 Experience in team admin tasks/cost controller/project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage

14 Experience in Agile framework

15 Significant Experience in major regulatory programs in the Risk/Finance, Banking industry BCBS,IMM,CVA etc

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 20th Jan 2020

Key Skills:

Company Profile:

Company
Standard Chartered Bank Ltdarfix

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