Job Responsibilities

• Responsible for developing clear milestones against which the progress of Stressed Asset Group’s mandate execution and stressed account resolutions can be measured.
• Compile and justify impairment forecasts based on balanced judgement on commercial parameters and external environment.

• Help drive financial performance against targets including meeting long term economic risk return (RoRWA/ RoTE) goals and RWA targets for CIB.
• Help improve efficiency, speed, and productivity of capital for stressed asset portfolio and for broader CIB balance sheet.

• Support & manage CPM and SAG processes allocated by the Group process universe in line with the ORF and their associated risks, including activities within the processes which are hubbed / outsourced.
• Execute and implement policies & control standards set by risk control owners and policy owners where appropriate.
• Ensure compliance and always operate within risk tolerance and risk appetite. Contribute to adequacy and effectiveness of MIS systems, controls and procedures relating to Stressed Assets Group and CPM at large, that they are regularly and independently tested, assessed and improved in a timely manner.
• Ensure there is a framework for effective management of operational risks within Stressed Asset Group and compliance with applicable internal policies, and external laws and regulations.

• Lead by example and build appropriate culture and values. Set appropriate tone and expectations for Stressed Assets Group mandate and collaborate constructively with risk and control partners to deliver such mandate.
• Provide effective support to the business, communicate vision and build commitment to focus on key priorities.
• Ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines.
• Ensure any audit and compliance issues relating to the Stressed Assets Group business are resolved in a timely manner.

Job Requirements

• Graduate qualifications (or conversions): Postgraduate qualifications such as MBA, CFA, Chartered Accountancy, Mathematics/ Statistics, Qualified Lawyer
• About 8-10 years of relevant experience in the banking and financial services industry with hands on experience of underwriting, managing, and recovering credit exposures across both developing and developed jurisdictions, with sound knowledge of risks involved in lending; particularly corporate lending.
• Extensive knowledge of fundamental drivers of credit risk, documentary and legal risks, portfolio, and balance sheet management; including market and regulatory dynamics.
• Experience in structuring credit risk products, restructuring of credit exposures, asset distribution, and exposure to credit derivatives and asset securitization.
• Strong negotiation, leadership, managerial and organizational skills to manage accounts on pre-agreed strategy and commercial parameters.

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.