Job Summary

•    Responsible for proactively managing risks associated with Small and Medium Enterprise (“SME”) lending portfolio within the Group’s Enterprise Risk Management Framework. 
Second line of defence responsibilities
•    Responsible for the second line of defence responsibilities related to SME Lending Credit Risk, 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 process 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. Monitor compliance to approved risk appetite (where applicable) using the risk information report covering principal risk-types, especially 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 team. 

Key Responsibilities

Strategy
•    Manage acquisition strategy and portfolio for Business Banking Products (Business Instalment Loan, Mortgage Lending against Property, Business Working Capital Loan) and ensure all risk dynamics are properly addressed and controlled through Credit Bulletins and key credit parameters.
Business
•    Define desired portfolio shape and new booking profile for Business Banking Products to strike the balance between risk and reward for RORWA optimization.  Ensure key business partners are exercising business decision in discipline to achieve the desired portfolio shape.
Processes
•    Regular, constant, and timely review of credit processes with a view to effectively support the execution of credit risk management policies. 
Risk Management
•    Formulation, implementation, and review of prudent credit policies and processes for Business Banking segment.
•    Apply risk segmentation model for use in Business Banking Products and manage the credit decision engine systems, which form the statistical base for the formulation and modification of credit policies for acquisition and portfolio management
•    Take up the responsibility of 2nd line RO for any regulatory risk related to Retail Credit Risk as formulated in group ERMF framework. Work closely with first line PO to monitor, remind, alert and/or escalate timely for any emerging significant regulatory risk issue on retail portfolio.
•    Analyse portfolio and help to formulate credit strategies for different customer segments through tests and campaigns. 
•    Adopt RDF analytical framework or similar quantitative analysis as much as possible in measuring business initiatives, decision should be made based on the Risk adjusted return, the net impact for the bank should be positive after loan impairment.  

•    Maintain a new booking shape within risk appetite as measured by RDF framework or similar practice if RDF not available, through diligent monitoring and continuous talk to business.  
•     Identify proactively early warnings so as to adjust risk policies so as to maintain losses within acceptable thresholds
•    Perform periodic monitoring and analyses of portfolio performance for Business Banking Products to ensure portfolio stabilization and all risk initiatives performing within risk appetite framework; no surprise on LI & early vintage performance
•    Review and realign policy and procedures; identify risk and opportunities and act accordingly to enhance governance control, policy and process efficiencies for Business Banking Products
•    Review Credit policy for Business Banking Products regularly; make recommendations as appropriate to ensure that these are consistent with Group Credit Policy and realistically reflect the nature of business banking business and to reflect/anticipate the changing market and competitive conditions.  Review the Group Policies and Procedures regularly; timely compliance or raise of dispensations if required
Governance
•    Timely adapt the Country Credit Procedures Manual and/or in-country policies in compliance with local regulatory requirements. 
•    Ensure robust governance, process management and control to strictly compliance with Group policy 
•    Ensure robust governance, process management and control to strictly compliance with regulatory requirements
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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Ensure robust governance, process management and control to strictly compliance with regulatory requirements.
Key stakeholders
•    Responsible for associating with relevant BB stakeholders regarding credit risk management activities. 

Other Responsibilities
•    Embed Here for good and Group’s brand and values in India WRB Credit Team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; 
•     Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies 
•    Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities 
•    Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the Bank 
•    Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections 
•    Cooperate with any investigations or reviews on regulatory failure such as accountability review 

•     Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies 
•    Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities 
•    Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the Bank 
•    Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections 
•    Cooperate with any investigations or reviews on regulatory failure such as accountability review 

Qualifications

Education
•    Bachelor &/or Master Degree, preferably in MBA, Mathematics, Statistics, Finance, or Computer Science. Professional qualification is a strong plus.
•    Thorough understanding of Bank operations, credit policies, familiar with regulatory and compliance requirements.
•    Analytical skills in both numerical and non numerical matter. 
•    Hard working, enthusiastic, and can work both independently and through teamwork. 
•     Good PC skills, in particular MS Word / Excel / PowerPoint.
Training
•    Mandatory Trainings as per eLearning requirements and Group WRB Credit Certification Governance Policy.
Languages
•    Fluent in English

Skills and Experience

•    Manage Conduct
•    Manage Risk
•    Manage Process

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months 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.