Manager

Job description / Role

Job Description:
DOBL Manager is required to service a portfolio of accounts originated offshore and booked in DOBL

* Adhere to DOBL Governance framework while booking transactions
* Maintain controls, periodic monitoring activities, and timely identification and resolution of risk issues. The DOBL Manager must be well versed with Local and Group regulatory environment requirements and Group internal policies and standards that impact DOBL.

Key Roles & Responsibilities:
* Facilitate the booking & ongoing servicing of offshore-originated transactions in DOBL in accordance with the Roles & Responsibilities and process documents
* For each DOBL transaction - to ensure compliance to Group Policies / Procedures, Operational, Local Legal & Regulatory requirements, as well as laws pertaining to AML, CFT (including KYC / CDD), both at deal inception & on an on-going basis.
* Liaise directly with all relevant stakeholders involved in the end-to-end DOBL deal processing, including; (1) Originating Unit RM responsible for BCA preparation/approval, documentation preparation & post-booking credit monitoring (2) BU Credit Authority for final sign-off to allow DOBL booking and compliance confirmation (3) CRC UAE for verification of loan documentation against agreed terms, issuance of SCC & limit loading (4) OU RM for execution of documentation..
* Upon receipt of necessary clearance, loading customer profiles into necessary systems & carrying out the drawdown in consultation with OU RM and in accordance with client instructions.
* Support ongoing servicing of assigned portfolio of DOBL accounts, which includes;
- Ensure maintenance of client File for each account in portfolio,
- Ensure conducting rollovers of accounts in portfolio,
- Ensure monitoring excesses on accounts (including loan repayment), as well as documentation / DDN and liaising with OU to rectify,
- Liaising with OU RM responsible for credit monitoring to ensure (1) timely annual BCA reviews (2) covenant compliance reporting (3) any change in risk profile is reflected in ordinary monitoring processes of Booking Unit.
* Timely escalation of issues to DOBL Governance. Support resolution of issues arising out of reviews/audits.
* Support in periodically maintaining and updating DOBL deal pipeline. Also help with small ticket and other transactions that approved by DOBL directly.
* MIS and analysis of DOBL business and functional performance, capacity trends etc.
* Support any other ad-hoc projects that relate to DOBL(including its responsibility to support the DIFC Client Classification procedures)

Requirements

Closing Dates:
The closing date for applications is 06/11/2014. 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.

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.