Job Summary

As Credit Approver, responsible for the second line of defence responsibilities related to 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 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 Board approved risk appetite using the risk information report covering principal risk-types 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 and the relevant Board level committees as relevant. 

Governance framework
I am responsible for the following:
•    Building a culture of good conduct in the Risk function, and embedding the Risk Culture statement as described in the ERMF. 

Process Universe
I am responsible for discharging my Process Universe related responsibilities as defined in the ERMF:
•    Reviewing, challenging, and providing oversight of the risk profile of the Risk process universe.

Key Responsibilities

Strategy*

•    Awareness and understanding of the Group’s business strategy and model appropriate to the role.
•    Informed of the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.

Business*

•    Awareness and understanding of the wider business, economic and market environment in which the Group operates
•    Communicate the strategic intent and collective agenda for the Function.
•    Maintain and develop the Function's risk capabilities, and skills to meet ongoing needs and plans

Processes*

•    Supervise all processes where a member of the Function is the identified first line process owner.
•    Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations. 
•    Continuously improve the operational efficiency and effectiveness of the Function’s risk management processes.

People & Talent*
•    Help coaching the junior credit managers, with an aim to nurture the next generation of senior credit managers     
•    Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits
•    Ensure the provision of ongoing training and development of the Function’s people 
•    Lead through example and build the appropriate culture and values within the business and across the wider organisation

Risk Management*

•    Act as the Credit Risk control owner under the Group’s Enterprise Risk Management Framework. Ensure a full understanding of the risk and control environment in area of responsibility 
•    Ensuring that the quality of Business Credit Applications (“BCA”) meets Group standards, particularly with regards to the completeness and depth of risk analysis.
•    Approving breaches of Local Portfolio Standards, to the extent permitted by Credit Policy.
•    Formulating and seeking approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments
•    Ensuring Risk Committee meets on a regular basis to review credit related issues in compliance with Group Policy governing such matters and actively participating on that Committee
•    Ensuring timely submission and accuracy of Medium Enterprises credit portfolio data to the Risk Committee. These include, but may not be limited to, the following:- 
o    Risk MI reports
o    All approved exposures in Medium Enterprises (as required by local regulator Reporting)
o    Details of approved breaches of Group and Local Credit Policy (including details of mitigating circumstances)
o    Country Risk exposure
 

Skills and Experience

•    Monitoring compliance with credit policy and Portfolio Standards a monthly basis at least and reviewing any divergence thereof with the Country SME Head and CCH to ensure credit quality targets are achieved.
•    Ensure EAR process is adhered to and lead monthly EAR discussions. Assisting relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Collection Team, where appropriate, in managing accounts to maximise recoveries and minimise losses.
•    Ensure compliance to the Operational Risk framework including the effective application of risk toolkit (self-assessments, KRIs, KCSs, etc) 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 decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy
•    Direct appropriate response to material events or other risk issues that come to the SCO's attention
•    Exercise risk control responsibility for Credit Risk, Corporate, Institutional and Commercial
•    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 to the jobholder
•    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 and ensure that delegations are in line with individual capabilities.
•    Actively participate in key committees through standing membership
•    Ensure first line process owners understand and accept their risk management responsibilities
•    Maintain an open and cooperative relationship in dealings with regulators (if applicable)
•    Co-ordinating local resources to ensure that credit systems are installed in accordance with Group standard. Provide a reference point for collating and passing on to Group Technology and Operations problems and proposed enhancements. Ensure that new users are trained on all credit systems.
•    Increasing working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimise 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.
•    Actively participate in monthly Regional Portfolio Quality Review (“PQR”) Credit Issues Forum (“CIF”) 
•    Undertake regular customer visits to better understand the business environment

Qualifications

Embed Here for good and Group’s brand and values in China 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
    理解、认同并遵守本地法律法规以及渣打内部政策中关于个人问责和职责的要求；
•    Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities
    跟上本地问责法律法规的发展，以有效地确保并强化内控；
•    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 
    审慎勤勉地履行岗位职责，以个人或团队成员的身份，为避免任何导致银行遭受或可能遭受法律制裁、监管处罚、重大财务损失或声誉负面影响而做出努力；
•    Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections
    对未遵守相关规范和流程、未适当履行职责以及未执行整改措施承担相应责任；
•    Cooperate with any investigations or reviews on regulatory failure such as accountability review
    配合任何关于违反监管规定的调查或审查，例如，问责审查。
•    Properly perform the duties on management and ensure the effectiveness of internal control 
    正确履行管理职责，并确保内控的效率； 
•    Be responsible for regulatory failure or risks arising from or in connection of the event over which the employee has the duties of management and/or leadership 
    对负有管理和/或领导责任的事项引起或相关的违反监管规定事件或风险，承担相应责任。 
•    Be responsible for significant losses due to failure of effectiveness of internal control 
为内控失效造成的重大损失负责。

• Bachelor’s degree with preferably a Master’s degree
• Corporate credit experience of at least 10 years with a minimum of 5 years as a credit approver with own discretionary lending authority
• Track record of credit experience covering names in China
• Mature and balanced approach to risk management preferably with prior supervisory experience.
• WRB CCRC or other equivalently qualified certifications as per WRB Credit Certification Governance Policy
• Fluent in English and Mandarin  
   

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.