Senior Credit Manager, Corporate Clients, HK

Role Responsibilities
Second line of defence responsibilities
Responsible for the second line of defence responsibilities related to Credit Risk for the Hong Kong Corporate and Institutional Banking portfolio and the Greater China North Asia Corporate Finance portfolio, which involves oversight and challenge of risk management actions from the First Line, including the following:

• The Group's Enterprise Risk Management Framework ("ERMF") with regards to Credit Risk, which sets out the Group's approach to risk management and the control framework within which risks are managed and risk-return trade-offs are made. Ensure that the relevant first and second line owners understand and accept their risk management responsibilities.
• The Group's Risk Appetite Framework, with regards to Credit Risk, which sets out the Group's appetite to material risk types that it is exposed to. As SCM, monitor compliance to Board approved risk appetite using the risk information report covering principal risk-types Credit Risk; and highlight significant matters to the attention of senior management and senior risk committees
• Ensure a robust effectiveness review process for the ERMF with regards to Credit Risk and escalate significant matters and/or gaps in ERMF implementations to senior management and the relevant Board level committees as relevant.

Governance framework

• Responsible for building a culture of good conduct in the Risk function and embedding the Risk Culture statement as described in the ERMF.

Process Universe

• Responsible for discharging my Process Universe related responsibilities as defined in the ERMF, including reviewing, challenging, and providing oversight of the risk profile of the Risk process universe.

Main business activity/function
Responsibility for wholesale lending decisions

• Responsible for final credit decisions for wholesale lending facilities for the Hong Kong Corporate and Institutional Banking portfolio and the Greater China North Asia Corporate Finance portfolio. Ensure completeness and accuracy of the business credit application and capture of critical information required for credit risk measurement and credit analysis.

Strategy

• Plan development of risk parameters for the portfolios according to Risk Tolerance and Policy Frameworks and documents in portfolio standards.
• Inform the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.
• Contribute to the development of performance management and remuneration processes, in order to encourage the development of an appropriate risk culture and discipline.

Business

• Plan development of risk parameters for the portfolios according to Risk Tolerance and Policy Frameworks and documents in portfolio standards.
• Inform the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.
• Contribute to the development of performance management and remuneration processes, in order to encourage the development of an appropriate risk culture and discipline.

Processes

• Control portfolio within the set risk parameters to ensure risk profile within risk tolerances.
• Ensure credit approvals are within delegated authorities.
• Ensure effective management of the operational risks within the Risk function and compliance with applicable internal policies, and external laws and regulations.
• Continuously improve the operational efficiency and effectiveness of the risk management processes.

People & Talent

• 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.
• Uphold and reinforce the independence of the Risk function from those whose primary responsibility is to maximise short-term revenues and profits.
• Help coaching the junior credit managers, with an aim to nurture the next generation of senior credit managers

Risk Management

• Assess the credit risk profile of the Hong Kong Corporate and Institutional Banking portfolio and the Greater China North Asia Corporate Finance portfolio, maintaining alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.
• Ensure effective implementation of Group and Local Policies, Procedures and Standards
• 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 and risk appetite.
• Ensure that effective management response plans are in place to respond to extreme but plausible scenarios.
• Direct appropriate response to material events or other risk issues that come to your attention.
• Exercise risk control responsibility for the Hong Kong Corporate and Institutional Banking portfolio and the Greater China North Asia Corporate Finance portfolio
• 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 judgment is applied in the discharge of risk authorities assigned to the jobholder, taking into account of concentration risk across sectors, geographies and markets.
• Design, maintain and effectively communicate risk control parameters across the Business, including policies, control standards, risk exposure limits and other control levers in order to maintain the risk profile in line with the Group's risk appetite.
• 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.
• Obtain assurance regarding the effectiveness of the business controls and compliance with applicable laws & regulations.
• Ensure material credit related issues and events are raised to Senior Credit Officer with appropriate suggestions for risk management and rectifications.
• Ensure timely submission of portfolio reviews and ensure accuracy of the portfolio data as and when required.
• Initiate stress tests as required by internal and external factors and review results and assess their implications.
• Ensure Early Alert process is adhered to and take an active part in the monthly Early Alert discussions. Work with relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Stressed Asset Group ("SAG") and Stressed Asset Risk ("SAR") teams, where appropriate, in managing accounts to maximise recoveries and minimise losses.
• Maintain delegated authorities in line with internal policies
• 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.
• Undertake regular customer visits to better understand the business and industry environment.
• Align the strategy of the risk function with business strategy and risk appetite and oversee its execution.

Governance

• Responsible for building a culture of good conduct in the Risk function and embedding the Risk Culture statement as described in the ERMF.

Key stakeholders
Internal

• In country Segment Heads, Senior Bankers, RMs, Credit/Marketing teams
• Regional Corporate Finance Teams
• 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 / Chief 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

Our Ideal Candidate

• Minimum 10 years of credit management experience covering discretionary lending.
• Market Knowledge: Solid experience in the banking industry, including demonstrated success in a similar role
• Business Strategy and Model: With good business acumen (including ability to assess risk and appropriate levels of return), good interpersonal skills and multi-cultural awareness and sensitivity
• Risk Management and Control: Ability to manage risk in highly varied product base. Expertise in process design and control
• Regulatory Framework and Requirements: Awareness and understanding of the Hong Kong regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
• Non-technical Skills: Good relationship management experience

Role Specific Technical Competencies

• C & I Credit Risk
• Relationship Management
• Communication and Influencing Skills
• Manage Risk
• Market / Liquidity
• Manage Projects

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 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