For Recruiters

Senior Credit Manager, CCIB Credit

Standard Chartered Bank
Hong Kong
Posted about 6 hours ago Permanent Competitive
Senior Credit Manager, CCIB Credit
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.

Role Responsibilities
Strategy
  • Inform the development of business' plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment
Business
  • ommunicate the strategic intent and collective agenda for the Function'
  • Maintain and develop the Function's risk capabilities, and skills to meet ongoing business needs and plans
Processes
  • Supervise all processes where 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 Function's risk management processes

People and Talent
  • Help coaching the junior credit managers, with an aim to nurture the next generation of senior credit managers
  • Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits
  • Ensure the provision of ongoing training and development of the Function's people Lead through example and build the appropriate culture and values within the business and across the wider organisation

Risk Management
  • Ensuring that the quality of Group Mandates, Business Credit Applications (BCAs) and other credit submissions 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 Corporate, Institutional and Commercial Credit Policy.
  • Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments
  • Ensuring credit related issues be timely raised to Senior Credit Officer with all necessary suggestions for rectifications
  • Assisting Senior Credit Officer on timely submission of portfolio reviews and ensure accuracy of Local Corporates credit portfolio data as and when required. Ensure EAR process is adhered to and take an active part in the 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 minimise losses .
  • Ensure compliance to the Operational Risk framework including the effective application of risk toolkit (self-assessments, KRIs, KCSs, etc) and reporting.
  • Initiate or assist 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 SCO's attention
  • Exercise risk control responsibility for Credit Risk, Corporate, Institutional and Commercial, Hong Kong
  • Ensure that material risk exposures and related issues are reported to Senior Credit Officer and/or Function as appropriate
  • Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally
  • Actively participate in key committees or forums (if invited)
  • Ensure first line process owners understand and accept their risk management responsibilities
  • Maintain an open and cooperative relationship in dealings with regulators (if applicable)
  • Provide a reference point on credit systems for collating and passing on to Group Technology and Operations problems and proposed enhancements.
  • Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimise 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.
  • Undertake regular customer visits to better understand the business environment
Regulatory & 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.
  • Work with the HK Credit Risk Management teams to achieve the outcomes set out in the Bank's Conduct Principles such as Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment , where appropriate and applicable
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

Internal
  • In country Segment Heads, Senior Bankers, RMs, credit/Marketing groups
  • Head, Group Audit (Country), Internal audit
  • Treasurer (Country) and various GM Head of Sales
  • Head SAG and SAR (Country and Regional)
  • Head, Legal Affairs and Compliance (Country)
  • Senior Credit Officer

External
  • Corporate and Institutional relationships in country
  • Members of the legal professions
  • Directors/Key contacts in the business community
  • Accountants/Consultants
  • Auditors / Government regulators
Business" hereinafter defined as Corporate, Institutional and Commercial, Hong Kong

Function" hereinafter defined as the people, processes supervised, overseen or owned by the Role holder

Our Ideal Candidate
  • Minimum Years of related experience: 10;
  • Qualification: University degree with related academic background;
  • Training: Core Corporate Credit Curriculum;
  • Other regulatory or specific job-related requirement if applicable;


Visit our careers website www.sc.com/careers
Job ID  2200009820
ABOUT COMPANY
United Kingdom, London
85000 Employees Corporate Banking
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 ...
More Jobs From Standard Chartered Bank
Standard Chartered Bank
Senior Credit Manager
Standard Chartered Bank
Hong Kong
about 6 hours ago Full time Competitive
Standard Chartered Bank
Credit Management Information & Forecasting Manager
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Manager, Credit & Marketing
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Manager, Credit MI&F, Retail Clients UAE National Only
Standard Chartered Bank
United Arab Emirates, Dubai
2 days ago Full time Competitive
Standard Chartered Bank
Director, Financing Solutions, GCNA
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Senior Legal Counsel, C & I and Commercial Banking
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Specialist, Client Delivery
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Associate, Client Manager
Standard Chartered Bank
Hong Kong
about 6 hours ago Full time Competitive
Standard Chartered Bank
Director, CCIB Transaction Banking Sales
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
Standard Chartered Bank
Business Development Executive, Business Banking
Standard Chartered Bank
Hong Kong
2 days ago Full time Competitive
More Jobs Like This
Standard Chartered Bank
Senior Credit Manager
Standard Chartered Bank
Hong Kong
Industrial and Commercial Bank of China (Asia) Limited
Assistant Manager to Senior Manager, Corporate Credit Policy, CMD
Industrial and Commercial Bank of China (Asia) Limited
Hong Kong
Bank Of China (Hong Kong) Limited
(Senior) Credit Risk Manager (Credit Approval)
Bank Of China (Hong Kong) Limited
Hong Kong