Job Description
• Approver required within the Risk function, specialising in Commodity Risk transactions• To ensure that the quality of the Wholesale Banking credit portfolio of Commodity & Trade Finance clients in China is maintained within acceptable parameters, as defined by VVB credit policy and country portfolio standards (CPS), and that the reporting of information relating to that portfolio is timely and accurate.
• To instill a strong credit culture by setting the highest standards and demanding that these are maintained by all Business teams in country.
Key Roles & Responsibilities
• Credit Process
• Ensuring that the quality of Limit Applications (BCAs) meet Group standards, particularly with regard to the completeness and depth of risk analysis.
• Approving BCAs falling within own discretion and support of applications that require approval outside the territory, where appropriate.
• Approving breaches of CTF Underwriting Standards / Product Program to the extent permitted by WB Credit Policy / Product Program.
• Provide oversight of BCAs approved by credit managers whom the SCO CTF has delegated credit approving authority to.
• Undertake regular client visits to keep abreast of developments of clients and local market
• Monitor past dues and excess reports on a daily basis, and make recommendation where appropriate to RMs / SCO to rectify these irregularities and to minimise losses
• Provide advice and guidance to business units on credit-related issues
• Participate in CCIF/EAR meetings to review credit-related issues
• Assist RMs in identifying accounts showing signs of deterioration and assisting GSAM, where appropriate, in managing substandard accounts to maximise recoveries and minimise losses.
• Credit Policy
• Assist in formulating and obtaining approval of Local Underwriting Standards / Country Addendum which is supportive of the global trade products or specialised business strategy.
• Escalate requirements and recommend changes to Group Policy which does not meet with the local business
Qualifications & Skills
• Prior Credit approval experienced preferred
• If not Credit approval experience, then prior experience in a Credit Analysis role
• Experience in banking in China, preferably including assessment of local risk
• Excellent knowledge of trade finance, with regard to products, policies & risk issues
• Good knowledge of OCC/WB policies & procedures
• CSA & CCC to be passed within one year of starting role
• Prior Credit approval experienced preferred
• If not Credit approval experience, then prior experience in a Credit Analysis role
• Excellent knowledge of trade finance, with regard to products, policies & risk issues
• Good knowledge of OCC/WB policies & procedures
• CSA & CCC to be passed within one year of starting role
• Graduate and/or Post-Graduate degree, preferably in finance, economics, or accounting
• Fluent in written/spoken English & Mandarin
How To Apply
You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/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 31/01/2013. 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 & 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.
