Job closed
Ref: HP048-320
Job description / Role
Why Standard Chartered?
Standard Chartered is a leading international banking group operating for over 150 years in Asia, Africa and the Middle East. We've built a successful and sustainable business by playing a fundamental role in economies, helping people and businesses grow and achieve their aspirations. With over 89,000 employees representing 127 nationalities, we value the diversity and unique perspectives amongst our people. We are committed to developing their strengths and enabling them to make a difference to our success by helping them fulfil their potential.
Key Roles & Responsibilities
* To ensure that the shape and quality of the Personal Loans Portfolio is in line with the Risk Strategy and Appetite, and contributes to the strategic vision of the Consumer Bank
* To ensure policy decisions help create the right target portfolio, and 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
* 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 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 rigorously monitor the health of the portfolio in terms of both vintage performance and loss forecasting, especially in terms of:
- Risk Appetite driven segmentation (RORWA, RLM, EP)
- Multivariate vintage based performance
- Scorecard / models performance vs, benchmarks
- Score cut offs reviews for various TTD and portfolio management actions
- Review of marginal segments / CRDs
- Portfolio shape monitoring vs. and actions leading towards optimal portfolio shape
* 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 Risk Management Framework is effectively embedded and communicated across the CB functions
How To Apply
Please apply online. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
Closing Dates
The closing date for applications is 11/03/2014. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
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.
Requirements
Qualifications & Skills
* 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
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.