Head, Unsecured Credit Risk Mgmt and Digital Partnerships Head, Unsecured Credit Risk Mgmt and Digital  …

Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 04 Aug 20
Competitive
Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 04 Aug 20
Competitive
Head, Unsecured Credit Risk Mgmt and Digital Partnerships
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. It's 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.

We're 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.


The Role Responsibilities

Strategy
  • Head of Unsecured Credit Risk Mgmt(CRM) and Digital Partnerships, responsible for managing the portfolio credit risk profile within the Bank's risk appetite. Ensure consistent application and enforcement of the policies, processes and controls in all markets in a region (ASA, AME or GCNA).
  • Drive innovation in advancing Risk Strategy, data usage and risk assessment tool development. Champion efforts at the group level and ensure applicable adoption across the respective region
  • Provide Group Risk leadership on digital partnerships including fintech platforms, alternative data providers, and advanced analytic tools.
  • Be an agent for positive change and provide key thought leadership
Business
  • Uphold the integrity of risk/return decisions, through effective challenge of business and control function partners. Ensuring that decisions are properly informed and consistent with strategy and risk appetite
  • Engage with business functions to evaluate potential external partnerships and define requirements for new partner relationships
  • Drive advancements in strategic risk mgmt activities including test design and growth/ risk mitigation credit strategies
  • Provide robust and insightful analysis on the regional unsecured lending portfolio in MT/Regional Meetings to facilitate risk reward trade off discussions and decisions making.
  • Partner with the business to deliver strategic opportunities while remaining within agreed risk appetite. Engage with the Group Product team and other business stakeholders on initiatives in line with business objectives while ensuring sustainable performance
  • Work collaboratively with risk control and business partners- always in the spirit of "Here for Good".
Processes
  • Work with Regional and Group Policy Analytics COE for new capability development and policy formulation
  • Work with Group functions and in-country teams to contribute to and challenge credit loss budgeting and ongoing credit performance forecasts along with loss provision proposals
  • Monitor, review and control risk profiles to ensure that portfolio shape is in line with strategy.
  • Assist Global Head, Unsecured Credit Risk in maintaining the Retail Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
  • Assist Global Head, Unsecured Credit Risk to ensure operational risk assessment processes are maintained and properly reported.
People and Talent
  • Provide for ongoing training and development of staff in both policy and analytical roles
  • Lead by example and build the appropriate culture and values. Set appropriate tone and expectations for their team
  • Employ, engage and retain high performing talent including succession planning for critical roles
  • Set objectives for direct reports and provide feedback and performance management towards exceeding expectations.
Risk Management
  • As technical expert, provide insightful and robust analysis to facilitate credit policy and risk appetite discussions and decision making in the risk governance and MT/ regional/ group meetings
  • Drive advancements in strategic risk mgmt activities including test design and growth/ risk mitigation credit strategies
  • Anticipate changes in the credit conditions; work with respective credit officers in regional markets to implement effective portfolio actions that mitigate potential risks.
Governance
  • Ensure specific and general stress tests are being conducted periodically, in accordance with the assertions made within Group/Regional/ Country IAAP documents, including understanding the financial impact of the credit grade migration and potential constraints on new business
  • Supervision of the implementation and enforcement of the credit policies and risk control procedures
  • Review program proposals for new and existing products submitted by countries for approval, ensuring all risk dynamics are properly addressed and controlled
  • Assist Global head of policy in maintaining the Retail Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
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.
  • Lead the Group CRM regional 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.
Key Stakeholders

Group
  • Enterprise Risk Management
  • Retail Product Management Team
  • Finance
  • Head, Operational Risk, Retail Banking and Products
  • Head, Retail Model Development
Regions and Countries
  • Regional Chief Credit Officer, Retail Banking
  • Regional Chief Risk Officer
  • Country Credit Head
External:
  • Credit bureau and product vendor contacts
  • Regulators
  • Industry contacts


Our Ideal Candidate
  • At least 10 years of functional risk experience in the areas of Retail Credit Risk Management; expertise in other areas of risk management is a plus.
  • Appropriate academic training in a quantitative discipline such as Statistics, Operational Research and Economics; Minimum BA/BS degree and post-graduate degree or MBA is desired.
  • Good knowledge and grasp of banking practices, financial markets, Basel II and all Consumer Banking lending products at a higher level and awareness of the country regulatory frameworks within the region;
  • Strong analytical and stakeholder mgmt skills. Ability to make independent decisions with a strong sense of empowerment and leadership skills to command the respect of a cross functional set of professionals at senior level (internal and external) working in open ended situations;
  • Proven management & leadership skills; Ability to motivate a lead a whole function & multi-country teams into changing & challenging situations; matrix management experience is essential
  • Excellent communication skills- written and oral;

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

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.
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