Job ref no.: 2100025066
Standard Chartered Bank

Head, Policy & Governance, CPBB Risk

Standard Chartered Bank

The Role Responsibilities

Strategy

  • Derive and help implement the CPBB Credit Risk Policies and framework in country with the help of respective process owners.
  • Track and report the target risk appetite boundaries for CPBB and propose a remediation plan if required in collaboration with respective segment risk heads.
  • Responsible for country input for the expense and impairment forecast, including the Corporate Plan process and help drive the critical business discussions to optimise the book and shape
  • Overall management of Management Information process including Regulatory Reporting and Bureau reporting, compliance to the standards, Portfolio Quality Review and data quality management.
  • Overall management of Operational Risk profile for CPBB Risk via participating group wide process universe refresh, implementation of ORF (or similar framework) and other non-financial risk management.
  • Support regional / entity level risk management reporting, stress testing and other associated responsibilities
  • Lead the Policy & Governance function for the region (GCNA) and provide support to markets

Business

  • Manage the key business information requirement required to run an effective risk organisation
  • Help aligning strategy of the segment risk functions with risk appetite and tolerance and oversee its execution
  • IFRS9 based ECL review and analysis for broader stakeholder alignment and pre-emptive risk management.

Risk Management Processes

  • Manage process standards for Loan Impairment and Management Information to compliance and alignment
  • Participate and present in risk governance committee for ORF Management, Loan impairment and other insightful analysis to facilitate objective balance of risk management and effective control
  • Participate in key Global programs like BASEL IV. PCI DSS and Innovation / Transformation
  • Participate the key and specific country projects like MCRA, system migration, data migration etc
  • Support/ manage Bureau reporting process for the country
  • 2nd LOD role for local and Group Stress Testing (leveraging Global Capabilities) to perform review and challenge on Basis of preparation, methodology review, model reviews and overall support to the process.
  • Review and Capital / RWA, especially for Standardised portfolio. Provide assurance to Global Head Policy & Governance to perform the adequacy attestations.
  • Support CCH as the 1st LOD role for scorecard or model implementation and monitoring. Review the scorecard or model assumption for CCH approval if required. Monitoring the regular result outcome and escalated immediately with any irregularity or shift observed.

Performance Management and Portfolio Review

  • Responsible for managing the loan impairment (LI) forecast for CPBB Credit Risk.
  • Responsible for managing the Expected Credit Loss (ECL) movement monthly with group credit and assist CCH to review the quarterly attestation
  • Coordinate the Corporate Plan process and forecast cycle for CPBB Credit risk in line with emerging trends
  • Responsible for overall tracking of expenses and cost forecast for CPBB Credit Risk.
  • Manage country PQR and with governance responsibilities such as meeting the TOR, minutes and action item tracking. The incumbent is responsible for the timeliness, quality and consistency of the material being used in the PQRs
  • Provide inputs for country, regional or Group risk committees when required
  • Responsible for managing the regulatory

Operational Risk & Governance

  • Support CCH and the management team to implement Credit Risk Management Policy framework. Perform independent review and challenge to the policy and to ensure that all standards and polices are aligned with the target governance frameworks and enable effective controls
  • Provide timely and relevant inputs to Group Credit Governance Group (CGC) and other country level governance forums.
  • Support Credit Team to rollout or implement the change required from regulation or compliance on time.
  • Co-ordinate with Regulatory Finance, Country Compliance to interpret and formulate the new or changed regulatory survey / reporting
  • Directly submit the local regulatory survey
  • Perform Business Risk Management (BRM) role for CPBB Risk.
  • Participate Enterprise wise risk management responsibilities including cross-cutting risk type implementation.
  • To ensure risks of processing failure are being actively controlled end-to-end
  • Embed the Group’s values and code of conduct, as it relates to the role remit, 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.
  • Engage with relevant audit teams (internal and external) report findings across the relevant functions and ensure feedback is acted upon.

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 Group Policy & Procedure team to achieve the outcomes set out in the Bank's Conduct Principles on Fair Outcomes for Clients
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

People and Talent

  • Employ, engage, develop and retain high quality people
  • Lead GCNA market Policy & Governance team and provide them support

Key Stakeholders

Country

  • The CPBB Risk Country Leadership Team
  • Country Head of CPBB
  • CFO, CPBB
  • Head, Operational Risk, CPBB
  • Head of Audit, CPBB
  • Segment Business Heads

Regions and Group

  • CCO GCNA
  • Global Head Policy & Governance, CPBB
  • Policy & Governance Teams in Taiwan and China

External

  • Regulators (Host and Home)
  • Internal Auditor
  • Industry contacts
  • Vendor managers of key IP & services

Other Responsibilities

  • Embed Here for good and Group's brand and values in Global CPBB Credit Risk
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

  • More than 15 years of functional risk experience in the areas of Retail Credit Risk. Expertise in other areas of risk is an advantage.
  • Appropriate academic training and/or experience in finance, business or Economics; Bachelor's university degree is a must and a post-graduate degree is desired.
  • Good knowledge and grasp of banking practice, financial markets, Basel II and all Consumer Banking lending products at a higher level and awareness of the regulatory frameworks by home and host regulators.
  • Functional knowledge of model risk management including for capital and impairments.
  • Well versed with Bank's Enterprise-wise Risk Management Framework (ERMF) and overall governance philosophy. Able to lead the governance function for CPBB and provide adequate support to CRO.
  • Reasonable understanding on accounting principles of IFRS9, especially related to ECL.
  • Good understanding on data structure and the information flow for the risk function, and ability to drive the strategic
  • A fair understanding of the innovations in banking and well versed with emerging technologies
  • organizational visibility of outcomes and benefits
  • Strong analytical and dispute resolution skills, Ability to make independent decisions with a strong sense of empowerment and leadership skills to command the respect of a cross functional set of professionals at senior level (internal and external) working in open ended situations;
  • Proven management & leadership skills; Ability to motivate a lead a whole function & multi-country teams into changing & challenging situations;
  • Operational Risk management and principles. Should be able to independently manage the operational risk for CPBB Risk function
  • Excellent communication skills- written and oral;
  • Bank training; i.e. mandatory & developmental - role specific, and regulatory/compliance bank wide & role specific.

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More job information
Job ref no. 2100025066
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 15 years - 20 years or above
Career Level
  • Senior management level
Education
  • N/A