Head of Credit Risk Control (CRC)

Standard Chartered Bank - UAE

UAE

Ref: HP048-810

Job description / Role

Employment: Full Time

Head of Credit Risk Control (CRC), MENAP

Managing the Credit Risk Control (CRC) function for MENAP and continuously improving the CRC & CDU processes to achieve the right balance between efficiency and effective control

Dimensions

Number of geographies: 6

Number of staff: 10 (Direct), 50 (Indirect)

Key Roles and Responsibilities
* Ownership of all aspects of the CRC function (including the erstwhile CDU function) for MENAP covering strategy, TOM, capacity planning, policy implementation, DOIs and assurance
* Owner for CRC's processes and controls, including CDU. Responsible for CRC's OR risk registers and the related metrics (KCIs/KRIs/CSTs) to ensure proper monitoring and control of risks, efficiency, effectiveness and quality of CRC operations in the countries of responsibility
* Support and drive initiatives on standardization, outsourcing and automation of processes
* Prevent occurrences of near misses or operational losses arising from ineffective credit processes or controls
* Direct oversight of CRC to ensure proper management of in-country CRC in all respects for all of the above countries/locations. Provide guidance and support to CRC to resolve any issues arising.
* Working closely with all other ""Cluster"" CRC Heads to create a unified CRC management team across the Western Hemisphere.
* Provide assurance that the DOI and R&R implemented are being effectively executed and adhered to
* Work closely with the hubs to ensure that end to end processes work seamlessly, efficiently and effectively.
* Ensure areas of responsibility are performing to an acceptable risk and control standard
* Act quickly and decisively when any risk and control weakness becomes apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees
* Embed the Group's values and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture of CRC.

Requirements

* At least 10 years of functional experience in Credit Risk, Operational Risk and Operations
* Good knowledge and grasp of Standard Chartered's CIC and CC Clients business and related policies, and the applicable regulatory framework that governs the CRC activities
* Broad understanding of banking information management infrastructure and operational processes
* Strong leadership qualities, with the ability to motivate and lead multi-country teams in changing & challenging situations
* Strong analytical and dispute resolution skills, and the ability to command the respect of a cross functional set of professionals at a senior level
* Ability to make independent decisions with a strong sense of empowerment
* Excellent communication skills, and the ability to work with multi-cultural teams in an effective manner
* Skills in project management and process improvement
* Ability to define priorities, and to develop and execute strategies across a broad range of issues

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.

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