Verified Job
Accounting - Finance
ManagerCredit Loan Against Properties
Accounting - Finance
#223034
Remote / WFH
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
• Provide inputs in shaping the Retail Risk Operations strategic direction
• Work with in-country stakeholders to deliver against the Retail Risk Operations strategic initiative
Business
• Optimise operating efficiency while balancing the effectiveness of decision making within the Retail Risk Operations function.
• Ensure the cost budget in Credit Initiation is based on robust capacity plans and is delivered through a rigorous cost management discipline
Processes
• Ensure that credit origination decisions are executed in line with the delegated authority while adhering to the process standards as defined by CCO, Retail Clients.
• Efficient managing of Loan Against Security portfolio through monitoring Client&rsquos shortfall position, top and sell down activities, outstanding interest follow up through RM and timely action on liquidation of collateral
• Reconciliation of Loan to Value (LTV) at client and portfolio level, analyzing script volume and pledge data, tracking limit expiry, addition / deletion of scripts from list of approved securities
• Lead and drive standardisation, automation and consolidation through re-engineering and process improvement initiatives.
• Leverage and build credit assessment infrastructure capability to optimize process efficiency.
• Ensure timely MIS on a daily, weekly, monthly and quarterly basis to various stakeholders and Group Risk & PMG team
• Ensure correct data output for Bureau reporting , Bureau scrub and status update
• Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
• Implement the Operational Risk Framework in Retail Risk Operations and monitor the operational risk metrics to identify potential control weaknesses.
• Identify and track Key Performance Indicators (KPIs) to support strategy testing environment and daily operations.
• Encourage and promote an active training and learning environment to facilitate excellence in risk management, risk awareness, behaviours and accountability
People and Talent
• Experience of underwriting of Loan Against Properties
• Knowledge of Business Banking, Retail & Wealth Management products, Policies, and processes
• Relevant business/function experience.
• A clear understanding
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
• Provide inputs in shaping the Retail Risk Operations strategic direction
• Work with in-country stakeholders to deliver against the Retail Risk Operations strategic initiative
Business
• Optimise operating efficiency while balancing the effectiveness of decision making within the Retail Risk Operations function.
• Ensure the cost budget in Credit Initiation is based on robust capacity plans and is delivered through a rigorous cost management discipline
Processes
• Ensure that credit origination decisions are executed in line with the delegated authority while adhering to the process standards as defined by CCO, Retail Clients.
• Efficient managing of Loan Against Security portfolio through monitoring Client&rsquos shortfall position, top and sell down activities, outstanding interest follow up through RM and timely action on liquidation of collateral
• Reconciliation of Loan to Value (LTV) at client and portfolio level, analyzing script volume and pledge data, tracking limit expiry, addition / deletion of scripts from list of approved securities
• Lead and drive standardisation, automation and consolidation through re-engineering and process improvement initiatives.
• Leverage and build credit assessment infrastructure capability to optimize process efficiency.
• Ensure timely MIS on a daily, weekly, monthly and quarterly basis to various stakeholders and Group Risk & PMG team
• Ensure correct data output for Bureau reporting , Bureau scrub and status update
• Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
• Implement the Operational Risk Framework in Retail Risk Operations and monitor the operational risk metrics to identify potential control weaknesses.
• Identify and track Key Performance Indicators (KPIs) to support strategy testing environment and daily operations.
• Encourage and promote an active training and learning environment to facilitate excellence in risk management, risk awareness, behaviours and accountability
People and Talent
• Experience of underwriting of Loan Against Properties
• Knowledge of Business Banking, Retail & Wealth Management products, Policies, and processes
• Relevant business/function experience.
• A clear understanding
