• Senior Credit Officer Jobs in China - 25672402

  • Standard Chartered Bank Ltd
  • China
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

Supervise all processes where job holder or a member of the Function is the identified first line process owner
Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
Continuously improve the operational efficiency and effectiveness of the Functions risk management processes

People and Talent

Identification and development of talent pool for Credit Risk function in the region
Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives
Lead through example and build the appropriate culture and values Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks
Responsibility to review team structure/capacity plans for the region
Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximize short-term revenues and profits Ensure the provision of ongoing training and development of the Functions people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles

Risk Management

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 Local Portfolio Standards, to the extent permitted by WB Credit Policy
Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments
Ensuring Risk Committee meets on a regular basis to review credit related issues in compliance with Group Policy governing such matters and actively participating on that Committee
Ensuring timely submission and accuracy of Country/Region credit portfolio data to the Risk Committee These include, but may not be limited to, the following Risk MI reports
All approved exposures in Country/Region (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 EAR process is adhered to and lead monthly EAR discussions Assisting relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management, where appropriate, in managing accounts to maximise recoveries and minimize losses
Ensure compliance to the Operational Risk framework including the effective application of risk toolkit (self-assessments, KRIs, KCSs, etc) and reporting
Initiate stress tests as required by internal and external factors and review results and assess their implications
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
Direct appropriate response to material events or other risk issues that come to the SCOs attention
Exercise risk control responsibility for Credit Risk, Corporate, Institutional and Commercial
Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate
Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder
Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures
Maintain delegated authorities in line with internal policies and ensure that delegations are in line with individual capabilities
Actively participate in key committees through standing membership
Ensure first line process owners understand and accept their risk management responsibilities
Maintain an open and cooperative relationship in dealings with regulators (if applicable)
Co-ordinating local resources to ensure that credit systems are installed in accordance with Group standard Provide a reference point for collating and passing on to Group Technology and Operations problems and proposed enhancements Ensure that new users are trained on all credit systems
Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimize provisions
Maximizing Economic Revenue through effective management of the risk/reward relationships
Maintaining credit quality and standards of professionalism for the risk function
Ensure effective implementation of Group Policies / Circulars / Procedures
Actively participate in monthly Regional Credit Issues Forum (RCIF)
Undertake regular customer visits to better understand the business environment

Governance

Responsible for assessing the effectiveness of the Groups arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role
Responsible for delivering effective governance; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner
Ensure business and product heads understand and accept their credit risk management responsibilities
Maintain an open and cooperative relationship in dealings with local and home regulators

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
Lead the Commodities Risk GCNA team to achieve the outcomes set out in the Banks Conduct Principles [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment]*
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Key Stakeholders

Internal

In country Client Coverage Head, Country Segment Heads, Senior Bankers, Credit/Marketing group
Head, Group Audit (Country)
Treasurer (Country) and various GM Head of Sales
Head GSAM (Country and Regional)
Chief Executive (Country)
Head, Legal Affairs and Compliance (Country)
Senior Credit Officer (Regions)
Regional GM (South)

External

Executives (including equivalent CRM Units) of other banks
Key Corporate and Institutional relationships in country
Members of the legal professions
Directors/Key contacts in the business community
Accountants/Consultants
Auditors / Government regulators

Other Responsibilities

Embed Here for good and Groups brand and values in CIB, CB and PvB Risk team
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

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To view information on our benefits including our flexible working please visit our career pages

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : As per Industry Standards
Deadline : 15th Jul 2020

Key Skills:

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