: 08/Nov/2022, 11:31:18 PM
The Role Responsibilities
Develop and ensure proper adherence to group and local regulatory policy.
Develop automation-process to improve efficiency and effectiveness of Quality Assurance checking implementation.
Ensure proper regulatory reporting aligned to local regulatory requirement.
Support CPBB business including digital lending
Submit, consolidate and monitor proper reporting of operational risk and loss for Credit CPBB Risk.
Track open risks and issues identified to ensure resolution in an appropriate and timely manner.
Supervise the control and assurance review to policy and processes within Credit CPBB Risk functions to ensure all properly implemented and aligned with Country Regulatory and Group Credit Risk Policy and Procedures.
Ensure end to end quality assurance is implemented for all the loan channelling partnerships.
Support the risk teams & the group team by providing data and MIS required.
Support the risk team for scorecard development including validation of the scorecards that are developed / in use.
Liaise with finance and business units to collate, analyse, and submit risk appetite related information (Current and forecast financials and EL parameters on three years horizon) to group Risk Appetite Team.
End to end ownership of all application and behaviour scorecard activities from initiation to termination.
Determine effectiveness of scorecard delivered and suggest suitable modifications as needed based on applicability of variables and policy rules around the variables.
Oversight and supervision of models used in the rating process.
Work with Head of Credit, Lending to initiate scorecard development process as needed.
Support the Heads of Credit to determine cut-offs for the new scorecard including all supporting analysis.
Ensure that assumptions behind cut-off decisions are robust and are compliant with BASEL mandated requirements for IRB portfolios.
Ensure all scorecard implementations in scoring engines are successfully executed.
Ensure that BASEL framework is applied to all scorecard-based decisions and proper communication with group is maintained for these decisions.
Assist in the development for integrating Bureau scores with existing scorecards.
Conduct bureau analysis to provide strategic feedback to policy and collection teams.
Monitoring and documentation of BASEL related model.
Manage regular activities concerning BCRS and BASEL.
Managing Regulators and External Environment - Ensuring cordial relations with local Regulators / Judiciary and Law and Order officials.
Managing Collection incentive calculation and payment
Managing Payment verification process
People and Talent
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.
Encourage forums / sharing session and discussions with internal and external units in order to resolve issues and improve governance.
Encourage and support new ideas to improve efficiency and work quality within the team.
Support people management and Employee Engagement initiatives (My Voice) of risk functions by nurturing talent, multiplying leadership, ensuring strong performance management culture, building a cohesive team, and promoting high level of staff engagement.
Support CPBB risk units in coordinating, driving and directing compliance and operational risk management.
Identify and escalate when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees and ensure timely resolution.
Conduct preparation and support implementation of Group Internal Audits, external audits, regulatory audits in Credit CPBB Client and ensure implementation Management Action Plan in Audits.
Socialize Audit findings and re-assess the control effectiveness as part of the residual risk ratings.
To fully comply with Group Policies and Standards on Money Laundering Prevention or local regulatory requirements for the prevention of money laundering.
Ensure that all staffs (in the job scope) attend anti money laundering training.
Make prompt report of suspicious transactions or proposed transactions in accordance with the documented process on reporting and / or in compliance with local regulatory requirements.
Embed the Group’s values and code of conduct in Credit CPBB Client to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
Compliance Areas in PCF (Prudential Compliance Framework) owned by CRO - CPBB
Category 2 - Eligible Residential property, Commercial property, and other physical collateral for credit protection
Category 3 - Financial collateral, deposits with third parties and life insurance (Funded credit protection)
Category 4 - Eligible Credit Derivatives and Guarantees for credit protection (Unfunded credit protection)
Category 5 - Credit Risk Mitigation for RWA (Principles of CRM)
Category 6 - Receivable financing (IRB only)
Category 8 - Aggregation rules for SME and Retail exposures
Category 10 - Data Assurance and RWA Monitoring
Details as per Appendix 4 - Prudential Compliance Framework
Regulatory and Business Conduct
Display exemplary conduct and live by the Group’s 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 Policy and Governance team to achieve the outcomes set out in the Bank’s 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.
Country Credit Head
Credit Initiation Unit
Fraud Risk Management
Collections and Recoveries
Country Information Technology and Operation
Country Operational Risk
Local IT Department
GBS - Global Business Solution Centre
Always aware of the issue which informed Country, Group of Risk and cascade to team
To fully aware with Group Policy and Standards on regulatory requirements for prevention of money laundering, Gift and Entertainment Country guideline
Implant the brand promise and values more deeply within the Bank
Our Ideal Candidate
Risk Management Certification Level 3
Role Specific Technical Competencies
Operational risk knowledge
Quality Assurance knowledge
CPBB Credit Risk
Local Regulatory Reporting
Finance and Accounting
End-to-end knowledge in the respective areas candidate is supporting
Market and competition knowledge
Change management skill
Interpersonal and influencing skill
Coordination and execution skill
Collaboration and teamwork skill, with dealing skill with all levels in complex and difficult situation
Communication and listening skill
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
Flexible working options based around home and office locations, with flexible working patterns
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers