Job Title: Senior Credit Manager
Job Ref: 532439
Employer: Standard Chartered
Job Location: Nepal - SCB
Closing Date: 22/11/2016
 
Job Description:

Job Description

 

  • To ensure that the quality of the corporate credit portfolio of Corporate, Institutional and Commercial, Nepal is maintained within acceptable parameters, as defined by the Credit Initiation & Approval Policy and country Portfolio standards (PS), and that the reporting of information relating to that portfolio is timely and accurate.
  • To instil a strong credit culture by setting the highest standards and demanding that these are maintained by all Business teams in country.

Responsibilities will related to CB and CIB portfolios (excl. FIs and DOs) .

Key Roles and Responsibilities

Strategy

Inform the development of business’[1] plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment

Business

Communicate the strategic intent and collective agenda for the Function’[2]

Maintain and develop the Function’s risk capabilities, and skills to meet ongoing business needs and plans

Processes

Approve of Business Credit Applications falling within own discretion and support of application, which require approval outside the territory.

Support/ Approve deviations to Local Underwriting / Portfolio Standards and, to the extent permitted by the Group Credit Policy Statement, breaches of Group Credit Policy.

Monitoring and reporting breaches to Country Risk Triggers outlined in Underwriting / Portfolio Standards

Support SCO in formulating and obtaining approval of Local Credit Policy / Country Underwriting Standards, which is supportive of the local business strategy.

Monitoring compliance with credit policy, Local Portfolio Standards, portfolio targets and business strategy on a monthly / quarterly basis and reviewing any divergence therefrom with SCO / CCO and Business Heads to ensure credit quality targets are achieved and reporting same to SCO / CCO where these are outside benchmark tolerance level.

Assist Assistant Relationship Managers in identification and managing up or out of accounts exhibiting signs of deterioration and assisting Special Assets Management, where appropriate, in managing substandard accounts to maximize recoveries and minimize losses.

 

Apply a duty of care and awareness, for the full spectrum of risks (including operational risk, reputational risk, event risk, etc) over the Business in Nepal – and bring to the attention of SCO any risks that are not being properly managed.

Undertake regular customer visits to keep abreast of local market developments and better understand the business environment

 

People and Talent

Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits

Lead through example and build the appropriate culture and values within the business and across the wider organisation

Continuously improve the way of self learning and capitalising on training and developing opportunities provided by the Bank to upgrade one’s knowledge and skills required in SCM’s role.

 

Risk Management

Ensuring that the quality of Business Credit Applications (BCAs) 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 CIC Credit Policy.

Formulating and obtaining approval of Portfolio Standards which is supportive (from credit risk perspective) of the business strategy of various segments

Support SCO Nepal for timely submission and accuracy of Nepal credit portfolio data to the Risk Committee. These include, but may not be limited to, the following:-

Risk MI reports

All approved exposures in Nepal (as required by local regulator Reporting).

Details of approved breaches of Group and Local Credit Policy (including details of mitigating circumstances).

Country Risk exposure.

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 Group Special Assets Management, 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, Nepal

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

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.

 

Qualifications and Skills

  • Should be a Nepalese citizen
  • MBA in Finance from a recognised university. Preference will be given to those with additional professional qualifications like CA, CFA, etc.  
  • Several years of experience in corporate lending and risk management
  • Analytical approach
  • Very good writing and communication skills in English

How To Apply

You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 22/11/2016.  Please note all closing dates are given in Hong Kong time (GMT + 8 hours).  We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

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