Job ref no.: 2200018425
Standard Chartered Bank

Receivables Solutions Specialist

Standard Chartered Bank

Role Responsibilities

Strategy

  • Responsibility in managing the Receivables Solutions Product within the market from an implementation and ongoing monitoring perspective. The incumbent will be responsible for ensuring the efficient delivery of the RS business in the geography whilst simultaneously ensuring appropriate risk controls are in place and operating effectively.

Business

  • Work closely with country stakeholders in managing and growing the Receivables Solutions business locally, minimising handoffs and turnaround times during implementation.
  • Bring continual improvements by liaising with key stakeholders such as TB Sales, Coverage, TCI / TDMO, RDD Quality Assurance Manager, Operations, Credit, CRC and GBS teams to ensure synergies across the delivery of the product proposition.
  • Engage in deal pipeline discussions with CCIB sales and RMs.

Processes

  • As country process owner for RSMO procedures, ensure consistency and efficiency in the RS product proposition whilst also ensuring controls are in place to reduce operational risk of delivering the product proposition.
  • Be watchful of the industries that we have factoring exposure to and conduct necessary impact analysis for potential downturns.
  • Perform ongoing analysis of client’s trade receivables as part of overall credit analysis. Escalate portfolio risks in timely manner.
  • Ensure tight monitoring and control over excesses, past dues, overdue reviews etc by organizing a monthly Risk Trigger meeting with credit and front office.
  • Operate cohesively with respective partners in RDD Quality Assurance Manager, TDMO, and Trade Operations to ensure effective support of interlinking teams and smooth and effective exchange of information for deals.
  • Ensure that the local product offering follows the PPG / CA.
  • Ensure adherence to all internal and external regulations to embed Compliance Risk monitoring as an integral part of the business process.
  • Ensure that management of the Bank’s Credit, Operational, Reputation and Compliance Risks and our ongoing CRM, monitoring and control processes are of the highest quality with no weaknesses identified through Audits or CRRs, etc.
  • Ensure that they meet all obligations vis-à-vis the prevention of money laundering under the Group Policy and Standards and under local laws and regulations.

People and Talent

  • Proactively ensure the right level of training and development is self-driven and undertaken - including regular sessions with Product Partners and Risk etc to achieve maximum alignment, traction, best practice transfer, and teamwork.
  • Engage in regular and meaningful client engagement for the extant book to maintain excellent client service and experience.
  • Be a role model at all times in demonstrating our valued behaviours, and cultivate our RSMO Centre of Excellence behaviour within country.

Risk Management

  • Be responsive and agile in the implementation of changes to RNR, process or deployment of new platforms and functionality. Act as country sponsor to promote and commercialise these changes locally.

Governance

  • Ensure that management of the Bank’s Credit, Operational, Reputation and Compliance Risks and our ongoing CRM, monitoring and control processes are of the highest quality with no weaknesses identified through Audits or CRRs, etc.
  • Ensure that they meet all obligations vis-à-vis the prevention of money laundering under the Group Policy and Standards and under local laws and regulations.

Regulatory and 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 RS Middle Office 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

  • TB Sales, Coverage, TCI / TDMO, RDD Quality Assurance Manager, Operations, Credit, CRC and GBS teams.

Our Ideal Candidate

  • Minimum 2 years of experience in banking (sales / product / credit analysis / trade operations).
  • Exposure to open account trade / factoring necessary.
  • Self-motivated individual who is able to drive workstreams from end-to-end and liaise with various stakeholders across verticals.

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