Manager - Credit Risk Management

Job Description

Manager, Credit Risk Management - (2300003281)Job: JOT to updatePrimary Location: Africa & Middle East-Pakistan-KarachiSchedule: Full-timeEmployee Status: PermanentPosting Date: 17/Feb/2023, 7:44:11 AMUnposting Date: 03/Mar/2023, 11:59:00 PMResponsibilities:Strategy*

• Development of business 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
• Maintain and develop risk capabilities and skills to meet ongoing business needs and plans

Processes*

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

People & Talent *

• Lead through example and build the appropriate culture and values.
• Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Ensure up to date contingency plans are in place.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Involved with cross functional teams and provide in depth analysis & support on critical assignments.

Risk Management*

• Assess the credit risk profile of the Business Banking and Secured business and maintain alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.
• Ensure that effective management response plans are in place to respond to extreme but plausible scenarios.
• Uphold the integrity of risk/return decisions, by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
• Direct appropriate response to material events or other risk issues that come to the role holder?s attention.
• Ensure risk identification, measurement and modelling capabilities are objective, consistent and compliant with applicable regulations.
• Ensure that material risk exposures and related issues are reported to the responsible governance committees.
• Design, maintain and effectively communicate risk control parameters across the Business Banking and Secured business, including policies, control standards, risk exposure limits and other control levers in order to maintain the business?s risk profile in line with the Groups risk appetite.
• 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.
• Obtain assurance regarding the effectiveness of credit controls and compliance with applicable laws & regulations.
• Ensure business and product heads understand and accept their credit risk management responsibilities.
• Maintain an open and cooperative relationship in dealings with regulators.

Governance *

• Ensure all the Group escalated Retail Credit bulletins are being circulated in the Country.
• Ensure execution of GAP analysis and seek deferrals in case of any deviation.
• Ensure processes/policies, PR regulation guidelines are updated on a regular basis and adherence of the same

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 CRM team to achieve the outcomes set out in the Bank?s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders*

Keyskills :