Job Summary

The role holder will be responsible for the following:

• Managing credit risk as part of the second line of defence (“2LoD”) within the Specialised Finance (“SF”) Risk for Corporate and Commercial and Institutional Bank (“CCIB”) & Financial Markets (“FM”) businesses (“1LoD”).
• This opportunity will suit a Senior Credit Manager profile with the relevant background and proven expertise in Project & Export Finance and o/ Leveraged & Acquisition Finance. The wider global team also covers commercial real estate (CRE) financing, Transportation Finance (Aviation & Shipping), Fund Financing, Asset-backed Securitisation etc.

The role entails the following:

• Early-stage deal screening and due diligence of new transaction requests
• Influence structuring for best-in-class underwriting standards and to achieve successful and timely transaction execution and syndication.
• Partner with the business to deliver strategic aspirations whilst remaining within agreed risk appetite and optimising use of risk capital.
• Credit approve 1LoD prepared credit applications and rating assessments using subject-matter expertise and manage a portfolio of unique counterparties with early-stage detection of credit deterioration (Early Alert Ratings), which includes stress testing.
• Prepare and present periodic portfolio monitoring reviews with senior 1LoD stakeholders and senior 2LoD Risk partners.
• Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role.
• Ensure that the relevant 1LoD and 2LoD owners understand and accept their risk management responsibilities, where risks are managed and risk-return trade-offs are made, in line with Credit Risk frameworks.
• Proactively seek for improvements in 2LoD and lead associated internal initiatives related to governance, regulatory, policy, or risk driven reporting.
• Act as the Credit Risk control owner under the Group’s Risk Management Framework (including relevant Operational Risk Framework ownership for Credit Risk) and ensure a full understanding of the risk and control environment in area of responsibility.
• Ensure a robust effectiveness review process to Credit Risk and escalate significant matters and / or gaps in implementation to senior management and the relevant committees. 
• Monitor compliance of approved risk appetite using the risk information reporting and highlight significant matters to the attention of senior management and senior risk committees.
• Ensure that the quality of the credit portfolio is maintained within acceptable parameters as defined by the Group and Country Risk Appetite statements and relevant Portfolio Underwriting Standards, and that the reporting of information relating to that portfolio is timely and accurate.
• Ensure global credit policies and procedures are consistently interpreted, understood and applied, and that all deviations are appropriately reported, escalated and approved.
• Maintain and influence a culture of good conduct in the Risk function and embed the Risk culture statement.
• Represent SF Risk in business meetings, client due diligence, engagement with Regulators and conferences, seminars
• People leader, team player and solid independent professional.  Highly adaptable to cross-cultural environment and working closely with a multitude of professionals from various geographies and nationalities.
• Promote Risk to the wider organization and partner Risk peers (including market risk, policy and governance, and enterprise risk management) for risk wide initiatives.

Key Responsibilities

• Ability to make credit decisions / recommendations with semi-complete information, but sufficient to form a sound, well-grounded credit view, in a compressed time schedule.
• Confident with stakeholder management and ability to express and communicate a credit opinion (written and orally). 
• Independently recommend / approve transactions after reviewing credit and rating proposals in line with defined risk parameters, negotiated credit terms and documentation review.  
• Ensure first line process owners understand and accept their risk management responsibilities.
• 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.
• Dynamically manage a portfolio of asset classes and credit risk counterparties in the global portfolio, understanding each client by geography, industry, and structural differences
• Pro-actively manage transactions ahead of credit deterioration (Early Alert ratings) with detection through portfolio reviews, adhere to industry strategies, market monitoring, and lessons learned
• Support Early alert review (EAR) process, ensuring it is adhered to. Assist relationship managers in identifying and managing up or out of accounts exhibiting signs of deterioration and assist Stressed Assets Group, where appropriate, in managing accounts to maximize recoveries and minimize losses.
• Initiate stress tests as required by internal and external factors and review results and assess their implications.
• Obtain assurance regarding the effectiveness of the business controls and compliance with applicable laws & regulations.
• Approve breaches of Local Portfolio Standards, to the extent permitted by Credit Policy. 
• Act as the Credit Risk control owner under the Group’s Risk Management Framework (including relevant Operational Risk Framework ownership for credit risk) and ensure a full understanding of the risk and control environment in area of responsibility.
• Direct appropriate response to material events or other risk issues that come to the Credit Officer, Specialized Finance’s attention. 
• Maintain an open and cooperative relationship in dealings with regulators.
• Ensure that the quality of Business Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.
• Undertake regular customer visits to better understand the business environment.
• Increase working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimize provisions. 
• Ensure that material risk exposure and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate.
• Ensure BCAs are renewed in time and BCA overdue and extensions are kept within the thresholds.
• Assess the credit risk profile of the portfolio, maintaining alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.

Skills and Experience

• Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in similar role within the same product / business area.  
• Sharp business acumen (including ability 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 management and ability to manage risk in geographically dispersed and highly varied product base.
• Expertise in process design and control. 
• Understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role. 
• Significant relationship management experience – with external stakeholders, including regulators and rating agencies. 
• Role holder will be required to pass bank's credit risk accreditation program within 6-months of joining, in addition to other training as deemed mandatory by the SCB. 

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.