JOB SUMMARY

• Support Senior Credit Officer (SCO) in the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment. 

RESPONSIBILITIES
Strategy

• Support SCO in the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.

Business

• Assist SCO to communicate the strategic intent and collective agenda for the function.
• Assist SCO to maintain and develop the Risk Function’s capabilities, and skills to meet ongoing business needs and plans.

Processes

• Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
• Continuously assist in improving the operational efficiency and effectiveness of the Function’s risk management processes

Risk Management

• Continuously support to improve the quality of Business Credit Applications (BCA’s) meet group standards, particularly group standards with regards to completeness and depth of risk analysis.
• Formulating and obtaining approval of Risk Appetite Mandate which is supportive (from credit risk perspective) of the business strategy of various segments.
• Actively participating on various Risk Committee meeting.
• Assisting SCO to ensuring timely submission and accuracy of Bangladesh credit portfolio data to the Risk Committee, as applicable. These include, but may not be limited to, the following: - 
• Risk Management Information (MI) reports
• All approved exposures in Corporate and Institutional Banking (CIB) and CB (as required by local regulator Reporting)
• Details of approved breaches of Group and Local Credit Policy (including details of mitigating circumstances)

Country Risk exposure

• Assisting SCO in monitoring compliance with credit policy and Risk Appetite Mandate a monthly basis at least and reviewing any divergence thereof with the CEO, Client Coverage (CC) Head/Segment Heads to ensure credit quality targets are achieved.
• Assisting SCO to ensure Early Alert (EAR) process is adhered to and actively participate in 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 maximize recoveries and minimize losses.
• Assisting SCO to ensure compliance to the Operational Risk framework including the effective application of risk toolkit i.e. self-assessment, Key Risk Indicator (KRI), Control Sample testing and reporting.
• Initiate stress tests as required by internal and external factors and review results and assess their implications.
• Uphold the integrity of risk/return resolution, by demanding business to demonstrate that risk origination and control resolutions are properly informed and consistent with strategy.
• Initiate appropriate response to material events or other risk issues that come to the Credit attention.
• Exercise risk control responsibility for Credit Risk and CIB in Bangladesh.
• Assisting SCO to 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 judgement is applied in the discharge of risk authorities assigned.
• 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.
• Maintain delegated authorities in line with internal policies.
• Actively participate in key committees through standing membership
• Supporting to ensure first line process owners understand and accept their risk management responsibilities.
• Maintain an open and cooperative relationship in dealings with regulators
• Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimize 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.

Governance

• Responsible for assessing the effectiveness of the Group’s arrangements to assist effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Assist SCO for delivering ‘effective governance' capability to re-evaluate fellow executives effectively; and Willingness to work with any local regulators in an open and cooperative manner. 

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.
• Support the Risk 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.
• Perform Bangladesh Bank prescribed responsibilities, as applicable 

Key Stakeholders
Internal:

• Chief Executive Officer (Country)
• In country Client Coverage Head, Country Segment Heads, 
• Head, Group Audit (Country)
• Treasurer (Country) and various GM Head of Sales
• Head GSAM (Country and Regional)
• Chief Executive (Country)
• Head, Legal 
• Head, CFCC (Country)
• Chief Credit Officer/Regional Chief Credit Officer/Chief Risk Officer (Region)

External:

• Executives (including equivalent CRM Units) of other banks
• Key Corporate and Institutional relationships in country
• Members of the legal professions
• Directors/Key contacts in the business community
• Accountants/Consultants
• Auditors / Regulators

Other Responsibilities

• Embed Here for Good and Group’s brand and values in Global Banking and Commercial Banking Bangladesh 
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Qualification

• Business degree with mid-level banking experience which should include a minimum of 8 years’ experience in corporate and institutional banking.
• Experience should include experience to assess risk and appropriate levels of return, strong leadership qualities, excellent interpersonal skills and multi- cultural awareness and sensitivity.
• Demonstrated track record in successful account management and ability manage risk in various geographies and varied product base. Expertise in process design and control.
• Training: Completion of Core Credit Curriculum and all bank wide regulatory/compliance training applicable to credit officers
• Strong writing and speaking communication skill in English.

Role Specific Technical Competencies

• Manage Conduct
• Manage Risk
• Risk Management & Internal Controls
• Risk Management – C&I Credit Risk 
• Risk Management – Operational Risk
   

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.