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.
JOB PURPOSE:
- Primarily responsible for managing the credit risk associated with the portfolio and ensuring high quality of the portfolio.
- Closely work with the RMs from the origination & play a vital role in deal structuring to add good value from a credit/policy perspective.
- Work with the RM on specified portfolio/branches and facilitate revenue growth in the portfolio.
KEY RESPONSIBILITIES
Origination :
- Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.
- Work with RM/TL /product partners in structuring credit solutions for the clients and ensuring the appropriateness of the products.
- Responsible for end-to-end BCA process including preparing all the tools like IORWA, LAT, ESRA, De-dupes, Credit discussions, Scorecard, etc, in-depth analysis of various risks, quality presentation and ensuring fast credit approval.
- Ensure compliance of all internal and regulatory credit/other portfolio related policies e.g. input during CCAD preparation, other special reporting requirements, etc.
- Annual review of credit facilities
Post Deal Account monitoring & Governance :
- Ensure Zero BCA review over dues.
- Closure of all covenants within the stipulated timelines
- Liaise with Credit on BCA and other credit issues and ensure quick turnaround on all queries.
- In partnership with the RM, ensure timely identification of accounts to be put in SAM as per the bank’s policies and guidelines
- Prepare SAM pack and ensure monthly meetings are held as scheduled
- Prepare CIC pack and minutes of the monthly meetings
- Follow up on daily excess with RMs and ensure excess are managed as per policy
Stress Test / COR / Analytics / Training & oversight :
- Prepare timely Stress Tests wherever required
- Prepare specific industry study wherever required
- Prepare Credit Opinion reports wherever required.
- Effective use of Creditmate and other analysis tools
- Oversight role for training and directing the frontline as well as fellow colleagues
Monitoring & Controls :
- Operational Risk Controls/Credit.
- Oversight on SAM/ASTAR process: A proactive approach to identifying SAM accounts during review and Interim BCAs – No sudden slippages into Collections.
- Ensure and remain alert to the risk of anti-money laundering/sanctions and assist in the Bank’ efforts in combating it by adhering to the key principles in relation to: identifying our customer, knowing our customer, reporting suspicious transactions, safeguarding records and not disclosing suspicions to customers.
Governance :
- Ensure compliance of PPGs & CADs and Credit risk guidelines
- Ensure compliance to Group & Country AML/ CTF, Sanctions, ABC, CDD policies and Group Code of Conduct.
KEY RELATIONSHIPS
External:
- Clients / Trade associations,
- legal firms, Accountants etc
Internal:
- Credit Risk
- Credit Risk Monitoring Manager
- RM/TL
- Other stakeholders (FM/TB/CRC, etc)
- Business Product and Segment Heads
- Business Unit Head
KEY MEASURABLES:
- Effective structuring the deal along with the RM/TL/Product partner/policy team – no of structured deals handled successfully
- Completion of BCAs and obtaining Credit approvals on time to facilitate faster execution of transactions.
- No overdue BCAs
- No overdue covenants
- Efficient handling of refer backs from credit
- Satisfactory Audit and other internal & external reviews
- A proactive approach to identifying SAM accounts.
- Nil BCA errors from CRC
- Quantity and quality of BCAs processed