Senior Manager Credit Risk Management Secured
Job
Summary
The Senior Manager Credit
Risk Management is responsible for identification, assessment, monitoring and
mitigation of Credit Risk covering but not limited to Secured Products within
the Africa Retail Business. The role holder will ensure that the strategies
drive strong financial performance within the allowed risk appetite while
maintaining strong risk controls. The Head of Credit Risk Management will
regularly engage Country, Regional and Group senior management within Risk,
Product, Lending and Finance to drive business forward.
Responsibilities
Strategy
- Managing
the Credit risk profile of the Secured portfolio (Mortgages, Auto and
Wealth Lending) within the Bank’s risk appetite. Ensure consistent
application and enforcement of the policies, processes, and controls.
- Develop,
test, optimise and implement Credit strategies in accordance with
strategic objectives.
- Uphold
the integrity of risk/return decisions, ensuring credit origination and
control decisions are properly informed and consistent with strategy.
Business
- Act
as second line of defence LOD.
- Prepare
Consumer Banking Secured (Mortgages, Auto and Wealth Lending) Credit
documents including Credit Approval Documents (CAD), Credit Procedure
Manual (CPM) and Campaign Recommendation Document (CRD).
- Integration
of Group Credit Policy/Standards with Consumer Banking Secured Lending
strategy/plan and ensuring adherence to Group Credit policy/standards in
the Africa countries
- Ensure
proper functioning of day-to-day controls, periodic monitoring activities
and timely resolution of risk issues.
Processes
- Assist
the Regional leadership in maintaining the Consumer Banking Credit Policy
to ensure policy aligns with the agreed risk appetite, reflects the key
risk characteristics of the portfolio, and enables effective controls
- Monitor,
review, and control risk profiles to ensure that portfolio shape is in
line with strategy.
- Continuously
improve the operational efficiency and effectiveness of risk management
processes
People & Talent
- Ability
to influence people who are not direct reportees.
- Strong
stakeholder management skills.
- Ability
to work with diverse teams across different geographies.
- Be
a team player.
Risk Management
- Partner
with the Group Credit Risk Management team to develop and execute the
desired long-term shape of the Secured portfolio together with business
stakeholders based on (a) strategy, (b) Here for Good and Treat the
Customer Fairly principles (c) risk-return trade-off and risk appetite (d)
volatility tolerance
- Proactively
identify portfolio problems and take corrective action by effective use of
MIS and Analytics
- Ensure
compliance to Group Policies for Secured segments, ensuring timely gap
analyses are done and dispensations obtained where required.
- Own
and implement effective quality assurance framework across all secured
portfolios.
- Maintain
a good understanding of the requirements of key external stakeholders in
respect of credit risk management and ensure these are well understood
internally and reflected in internal procedures
- Ensure
timely reporting of related portfolio information to Chief Credit Officer
and to other relevant Country or Regional Committee’s or Forums
Governance
- 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
first line process owners understand and accept the risk management
responsibilities under Operational Risk Framework
- Ensure
implementation and enforcement of the credit policies and risk control
procedures.
- Review
program proposals for new and existing products submitted by countries for
approval, ensuring all risk dynamics are properly addressed and controlled
- Assist
the countries in maintaining the Consumer Banking Credit Policy to ensure
policy aligns with the agreed risk appetite, reflects the key risk
characteristics of the portfolio, and enables effective controls.
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.
- Lead
the [Africa Consumer Private and Business Banking Risk team to
achieve the outcomes set out in the Bank’s Conduct Principles
- Effectively
and collaboratively identify, escalate, mitigate and resolve risk, conduct
and compliance matters.
Key stakeholders
Internal
- Members
of Consumer Private and Business Banking Risk Management Group (CCO, CCH’s
and Group CRM)
- Regional
and Country Heads of Credit Initiation/ Risk Operations
- Regional
and Country Heads/ Fraud Risk Managers
- Cluster
& Country Consumer Banking Heads
- Members
of Country and Cluster Consumer Banking Leadership Teams
- Country
and Cluster Heads of Control functions
- Group
Internal Audit
- Country
Finance
External
- Credit
Bureaus
- External
auditors
Other Responsibilities
Embed Here for good and
Group’s brand and values in Risk; Perform other responsibilities assigned under
Group, Country, Business or Functional policies and procedures
Qualifications
- At
least 7 years of Risk experience especially in Retail Credit Risk
Management and Risk operations. Expertise in other areas of risk
management other than Credit Risk management is an added advantage.
- Appropriate
academic training; Minimum BA/BSC degree.
- Good
knowledge and grasp of banking practices, Consumer Banking lending
products and awareness of the regulatory frameworks across the Africa
region.
- Stakeholder
management skills. Ability to work with people across the SCB network
- Excellent
communication skills.
How to Apply
Application closes on 24 November 2022.