An'yst, Credit Initiation - Ahmedabad, India - Standard Chartered

Standard Chartered

Verified Company

Ahmedabad, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job:
Operations

Primary Location:
Asia-India-Ahmedabad

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 11/Jun/2023, 10:46:03 PM

Unposting Date:
Ongoing

The Role Responsibilities

Job Role

Good in analytical Skills and well Versed with Legal and Technical knowledge of the residential, Commercial and Industrial Properties.
Adherence to policy and product guidelines.
Able to provide decision in accepted TAT of the Bank.

Strategy

Provide inputs in shaping the Retail Risk Operations strategic direction.
Work with incountry stakeholders to deliver against the Retail Risk Operations strategic initiative.

Business

Optimise operating efficiency while balancing the effectiveness of file processing within the Retail Risk Operations function.
Ensure the cost budget in Credit Initiation is based on robust capacity plans and is delivered through a rigorous cost management discipline.

Processes

Ensure that credit files are processed while adhering to the process standards defined by CCO, Retail Clients.
Lead and drive standardisation, automation and consolidation through reengineering and process improvement initiatives.
Leverage and build credit assessment infrastructure capability to optimize process efficiency.
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.
Implement the Operational Risk Framework in Retail Risk Operations and monitor the operational risk metrics to identify potential control weaknesses.
Identify and track Key Performance Indicators (KPIs) to support strategy testing environment and daily operations.

People and Talent

Lead through example and build the appropriate culture and values.
Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
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.
Employ, engage and retain high quality people, with succession planning for critical roles.
Responsibility to review team structure / capacity plans.
Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Risk Management

Identify and share industry best practices and work with the businesses for their feasibility and implementation.
Ensure all Credit Initiation policies and procedures comply with Group Policies and Standards. Ensure proper and updated documentation in place for incountry policies and procedures.

Governance

Ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements.
Embed the Group's values and code of conduct in Credit Initiation to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees forms part of the culture.
Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews.

Regulatory and 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 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.

Key Stakeholders

Internal stakeholders

Country Retail Risk Head
RRO Team, Policy Team
Country Business Heads and Product Head, Retail Client segment
Incountry governance forums (as may be applicable)
Country Fraud and Collections Heads
Internal IT partners supporting Retail Clients business
HR and L&TD team
Operations, L&C and Customer Experience Management Unit

External Stakeholders

Auditors and Regulators
Associations (Visa, MasterCard, Amex and other Regional / Local forums), Credit Bureaus and peer Banks
Suppliers, vendors and consultants
MBA / CA qualified with 2 years of Underwriting experience

Role Specific Technical Competencies