Job Description
• Conduct credit analysis by preparing concise, critical and well-argued proposals. Recommend credit limits in partnership with the origination team based on the banks risk appetite/credit policies and clients credit profile.
• Prepare and conduct periodic credit facility renewals on a timely basis.
• Conduct in-depth industry and corporate research to identify industrys key drivers, supply chain connections, risks and opportunities.
• Expedite and monitor the credit approval process by liaising with respective approving officers.
• Work closely with the business unit as well as other internal stakeholders to manage the banks risk exposure.
• Monitor risk control and conduct relevant reporting.
• Maintain in depth knowledge of bank credit policies and practices and applicable local and regional regulations to comply with requirements of the Bank and regulatory authority.( As applicable)
People and Talent
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
Risk Management
• To comply with the bank s requirements of AML monitoring/reporting, KYC and all policies related to the group reputation risk.
• Relevant DOI/Bulletins are checked before processing a request, in case of any exception the same is pended/rejected and reported.
Governance
• In the event of serious regulatory breaches, policy breaches or where credit appetite have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Identifying and reporting all exceptions on non-compliance with standard controls
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the [country / business unit / function [team] to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Key Stakeholders
• Retail Risk Operation- Credit representatives in group and country.
• Country CI Manager
Other Responsibilities
• Live Here for good and Group s brand and values in Credit Initiation
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
• 3 to 7 years of relevant work experience in the following areas, by performing credit assessment for the approval of retail lending:
• Demonstrates leadership in current position.
• Strong oral and written communications skills used to explain, teach, and document.
• Strong reading and math skills.
• Data analysis skill to determine workloads and strategies for peak periods
• Strong presentation and listening skills.
• High-level of motivation to get things done
• Willing to take on challenges
• Able to prioritize important and pressing tasks
ROLE SPECIFIC TECHNICAL COMPETENCIES
• Compliance Policies and Standards
• Compliance Advisory
• Application and document Screening skill
• Basics of Credit and Fraud Risk
• Service level
• Manage people
• Prepare and conduct periodic credit facility renewals on a timely basis.
• Conduct in-depth industry and corporate research to identify industrys key drivers, supply chain connections, risks and opportunities.
• Expedite and monitor the credit approval process by liaising with respective approving officers.
• Work closely with the business unit as well as other internal stakeholders to manage the banks risk exposure.
• Monitor risk control and conduct relevant reporting.
• Maintain in depth knowledge of bank credit policies and practices and applicable local and regional regulations to comply with requirements of the Bank and regulatory authority.( As applicable)
People and Talent
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
Risk Management
• To comply with the bank s requirements of AML monitoring/reporting, KYC and all policies related to the group reputation risk.
• Relevant DOI/Bulletins are checked before processing a request, in case of any exception the same is pended/rejected and reported.
Governance
• In the event of serious regulatory breaches, policy breaches or where credit appetite have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Identifying and reporting all exceptions on non-compliance with standard controls
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the [country / business unit / function [team] to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Key Stakeholders
• Retail Risk Operation- Credit representatives in group and country.
• Country CI Manager
Other Responsibilities
• Live Here for good and Group s brand and values in Credit Initiation
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
• 3 to 7 years of relevant work experience in the following areas, by performing credit assessment for the approval of retail lending:
• Demonstrates leadership in current position.
• Strong oral and written communications skills used to explain, teach, and document.
• Strong reading and math skills.
• Data analysis skill to determine workloads and strategies for peak periods
• Strong presentation and listening skills.
• High-level of motivation to get things done
• Willing to take on challenges
• Able to prioritize important and pressing tasks
ROLE SPECIFIC TECHNICAL COMPETENCIES
• Compliance Policies and Standards
• Compliance Advisory
• Application and document Screening skill
• Basics of Credit and Fraud Risk
• Service level
• Manage people
💡 Quick Summary
Seeking a career-building opportunity? The Manager| Risk Initiation position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.