Job closed
Ref: HP048-493
Job description / Role
* To ensure that the shape and quality of the Retail Lending Portfolio is in line with the ME strategy and contributes to the strategic vision of the ME Consumer Bank
* To ensure policy decisions help create the right target portfolio, meet group and regulatory requirements. These should be streamlined to ensure effective and high quality risk assessment.
* To provide data / Analytical / Scoring support to stake holders, including Credit, Finance, Group and Region and in ensuring this supports the right decisions being taken at all levels
Key Roles & Responsibilities:
* To drive analytics in partnership with business to determine the target portfolio for the business.
* To make policy decisions to grow / reduce the business in line with the business' Risk Appetite and target portfolio.
* To translate the policies into the right underwriting standards and ensure that the end-to-end customer lifecycle performance (from underwriting through to collections and recoveries) is in line with expectations. To take corrective actions if not.
* To monitor the health of the portfolio in terms of both long term vintage performance and loss forecasting.
* Ensure that the development and implementation of credit decision data and analytic infrastructure happens per plan. To drive continuous improvement in cost, quality and speed of the output.
* Ensure the upgrading the analytical abilities in the credit space (including system and people capability).
* To help drive the Basel 2 effort for Consumer Banking, work closely with Group Scoring and Group Basel implementation team
* To exercise Risk Control Ownership for Operational Risk in respect of Policy and Analytics and carry out their responsibilities with the support of the organization at the Group, Country and Business levels.
* To drive forward bank commitments such as the customer charter.
Requirements
- Post Graduate Degree in any discipline, with track record with reputed institutions
- Extensive knowledge of Consumer Banking credit risk management, business practices and regulations.
- Excellent knowledge of all Consumer Banking products, procedures & policies acquired through actual experience in Consumer Banking.
- Experience in managing Risk in advanced and/or emerging markets
- Knowledge of the complex and potentially volatile ME markets - highly desirable
- Knowledge of core credit, risk analytics, scorecards & risk models
Diversity & Inclusion:
Standard 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.
About the Company
Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.
In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.