Job Description
• Optimization of economic capital to create sustainable value in WB business by crafting and agreeing risk appetite that helps to achieve a desired risk profile from which we can secure relatively better returns than our competition over the longer term.• To ensure that the quality of the FI credit portfolio of Wholesale Banking in FI Risk is maintained within acceptable parameters, as defined by WB credit policy and country underwriting standards 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.
• Proactive management of the portfolio credit risk profile within agreed risk appetite. Reducing P&L volatility by running a largely “surprise free” and well managed WB book.
• To be the contact point on country credit risk matters for local country regulators and external auditors, etc.
Key Roles & Responsibilities
• Ensuring that the quality of Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.
• Approving BCAs / breaches falling within own discretion and support of applications that require approval outside the territory, where appropriate.
• Formulating and obtaining approval of Local Underwriting Standards which is supportive (from credit risk perspective) of the business strategy of various segments.
• Monitoring compliance with credit policy and country underwriting standards and reviewing any divergence to ensure credit quality targets are achieved.
• Ensure Early Alert Review (EAR) process is adhered to and participate in the 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 criticized accounts to maximise recoveries and minimise losses.
• Maximizing Economic Revenue through effective management of the risk/reward relationships.
• Ensure effective implementation of Group Policies / Circulars / Procedures.
• Actively engage all stakeholders (eg. Business partners) to raise their awareness of credit issues and how these are managed by the Credit Risk function.
Qualifications & Skills
• Degree holder (at least), preferably majoring in Finance &/or Accounting.
• 5+ years relevant working experience with solid financial analytical knowledge in China.
• Good command of both spoken and written Chinese & English.
• Able to work independently, under pressure and meet tight timeline.
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 2013/03/31. 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.
