Head of MIF and CAA

Head of MIF and CAA

Standard Chartered
Not Specified
Not Specified

Job Description


About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
Develop automation-process to improve efficiency and effectiveness of Quality Assurance checking implementation.
Processes
CAA

  • Submit, consolidate and monitor proper reporting of operational risk and loss for Credit Retail Risk.

  • Track open risks and issues identified to ensure resolution in an appropriate and timely manner.

  • Supervise the control and assurance review to policy and processes within Credit Retail Risk functions to ensure all properly implemented and aligned with Country Regulatory and Group Credit Risk Policy and Procedures


MIF

  • Support the risk teams & the group team by providing data & MIS required

  • Support the risk team for scorecard development including validation of the scorecards that are developed / in use.

  • Liaise with finance and business units to collate, analyze and submit risk appetite related information (Current and forecast financials and EL parameters on a three years horizon) to group Risk Appetite Team.

  • End to end ownership of all application and behaviour scorecard activities from initiation to termination.

  • Determine effectiveness of scorecard delivered and suggest suitable modifications as needed based on applicability of variables and policy rules around the variables.

  • Oversight and supervision of models used in the rating process.

  • Work with Head of Credit, Lending to initiate scorecard development process as needed.

  • Support the Heads of Credit to determine cut-offs for the new scorecard including all supporting analysis.

  • Ensure that assumptions behind cut-off decisions are robust and are compliant with BASEL mandated requirements for IRB portfolios.

  • Ensure all scorecard implementations in scoring engines are successfully executed.

  • Ensure that BASEL framework is applied to all scorecard-based decisions and proper communication with group is maintained for these decisions.

  • Assist in the development for integrating Bureau scores with existing scorecards. Conduct bureau analysis to provide strategic feedback to policy & collection teams.

  • Monitoring and documentation of BASEL related model.

  • Manage regular activities concerning BCRS and BASEL.

  • Managing Regulators and External Environment &ndash Ensuring cordial relations with local Regulators / Judiciary and Law and Order officials.

  • Managing Collection incentive calculation and payment

  • Managing Payment verification process


People and Talent

  • Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

  • Encourage forums/sharing session and discussions with internal and external units in order to resolve issues and improve governance.

  • Encourage and support new ideas to improve efficiency and work quality within the team.

  • Support people management and Employee Engagement initiatives (My Voice) of risk functions by nurturing talent, multiplying leadership, ensuring strong performance management culture, building a cohesive team and promoting high level of staff engagement.


Risk Management

  • Assist Retail risk units in coordinating, driving and directing compliance and operational risk management.

  • Identify and escalate when any risk and control weakness becomes apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees and ensure timely resolution.

  • Conduct preparation and support implementation of Group Internal Audits, external audits, regulatory audits in Credit Retail Client and ensure implementation Management Action Plan in Audits.

  • Socialize Audit findings and re-assess the control effectiveness as part of the residual risk ratings


Governance

  • To fully comply with Group Policies and Standards on Money Laundering Prevention or local regulatory requirements for the prevention of money laundering.

  • Ensure that all staffs (in the job scope) attend anti money laundering training.

  • Make prompt report of suspicious transactions or proposed transactions in accordance to the documented process on reporting and/ or in compliance with local regulatory requirements.

  • Embed the Group&rsquos values and code of conduct in Credit Retail Client to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.


Other Responsibilities

  • Always aware of the issue which informed Country, Group of Risk and cascade to team

  • To fully aware with Group Policy and Standards on regulatory requirements for prevention of money laundering, Gift and Entertainment Country guideline

  • Implant the brand promise and values more deeply within the Bank


Key Stakeholders

  • Country Credit Head

  • Credit Initiation Unit

  • Fraud Risk Management

  • Credit Policy

  • Collections & Recoveries

  • Retail Risk Operation

  • Retail Banking Products

  • Retail Banking Finance

  • Retail Operation

  • Retail Banking Compliance

  • Country Finance

  • Country Information Technology & Operation

  • Country Operational Risk

  • Country Compliance

  • Group Credit

  • Local IT Department

  • GBS &ndash Global Business Solution Centre


Our Ideal Candidate

  • Operational risk knowledge &ndash Advance

  • Quality Assurance knowledge - Advance

  • Retail Credit Risk - Advance

  • Local Regulatory Reporting&ndash Advance

  • Finance & Accounting - Core

  • End-to-end knowledge in the respective areas Candidate is supporting - Advance

  • Market and competition knowledge &ndash Core

  • Product knowledge - Core

  • Segment knowledge - Core


Skills:

  • Change management skill - Advance

  • Interpersonal and influencing skill - Advance

  • Coordination and execution skill - Advance

  • Collaboration and team work skill, with dealing skill with all levels in complex and difficult situation - Advance

  • Communication and listening skill - Advance


Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

Job Details

Employment Types:

Function:

Job Source : scb.taleo.net

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