9 Jul 2017

Standard Chartered Bank Job Vacancy : Manager, Credit Initiation

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Manager, Credit Initiation

  • Graduate with 2 year experience in Credit or business related fields.
  • Personal credit appraisal skills.
  • Good negotiation and communication skills.
  • Understands market trends and can interpret impact on the Retail portfolio.
  • Full knowledge of Retail Banking Products and those of the competitors.
  • Good Computer skills with knowledge of the Credit MIS
  • Strong analytical skills and attention to detail.
  • Basic Project management skills.
  • CSAP certification is an advantage

Key Roles and Responsibilities

  • Processing Retail Banking applications in compliance with laid out policies and report trends and issues requiring corrective actions. Such as
  • Approving within delegated lending authority and securing approvals for those above delegated lending authority.
  • approvals are within CAD parameters; applications approved at correct levels and are in conformity with Credit Policy; level 2 and 3 approvals minimized
  • Appraising Retail Products and subjecting them to credit analysis identifying potential risks and advising Lending operation Managers of corrective action to be taken to minimize credit losses.
  • Liaison with Lending operation staff to ensure irregularities are rectified and correct procedures are being followed in terms of Group requirements.
  • Ensure all applications are processed within benchmarked turnaround times and KPIs are kept within JO specified limit
  • Interaction with functions like Clients service, sales team, operations and collections to ensure quality bookings, customer service and data accuracy and audit controls.
  • Responsible for ensuring Credit Initiation Unit (CI) Cost is within budgeted benchmarks and demonstrates cost control through productivity initiatives.
  • Responsible for system enhancement and support from CI side.
  • Responsible for projects assigned from time to time.

Legal, regulatory, economic and compliance

  • Monitor legal and regulatory developments that impact risk and lending policies. These include Prudential Guidelines, Consumer Protection Act etc ;
  • Ensure Credit compliance with local legal and regulatory requirements.
  • Monitor local and national economic indicators as they affect the lending processes.

Audit, review, delegation and approval

  • Conduct process and operational risk management reviews as well as business and product risk reviews.
  • Ensure complete, accurate and relevant CI MIS for country business heads and Regional Management.
  • Actively participate in portfolio stress testing in particular for long-term assets, which may become adversely impaired or potentially non-performing due to influence of external factors.
  • Through review, maintain product programmes to Consumer Banking Group standards
  • Exercise prudent risk aware judgement in use and application of own lending limit.
  • Approve limit applications and product programmes falling within own discretion and support of applications and product programmes requiring higher level of authority.

Control Responsibilities

  • Design, implement and ensure dual controls in the credit process, which are designed to prevent and protect against loss and errors in or modification of financial records and entries, approval documentation and management information data.
  • Review potential delinquency areas for the Retail Banking and Business Client Products; identify potential risk and design and implement improvements.

Financial

  • Implement and use product profitability models and related performance measures for Retail Banking Lending Business.
  • Participate in the preparation of risk-related budgets, forecasts and variances analyses for the Retail Banking Lending Business.

Qualifications And SkillsGraduate with 2 year experience in Credit or business related fields.

  • Personal credit appraisal skills.
  • Good negotiation and communication skills.
  • Understands market trends and can interpret impact on the Retail portfolio.
  • Full knowledge of Retail Banking Products and those of the competitors.
  • Good Computer skills with knowledge of the Credit MIS
  • Strong analytical skills and attention to detail.
  • Basic Project management skills.
  • CSAP certification is an advantage

Diversity and InclusionStandard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.




How to Apply

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