banking jobs in UAE | Standard Chartered Bank careers
banking jobs in UAE | Standard Chartered Bank careers
Standard Chartered Bank announced, through its Linkedin account, a bank job in uae (Senior Credit Officer - Specialist Finance) according to the following:
Act as the Credit Risk control owner under the Group's Risk Management Framework (including relevant Operational Risk Framework ownership for credit risk) and ensure a full understanding of the risk and control environment in area of responsibility.
Design, maintain and effectively communicate risk control parameters across the Business, including policies, control standards, risk exposure limits and other control levers in order to maintain the risk profile in line with the Group's risk appetite.
Obtain assurance regarding the effectiveness of the business controls and compliance with applicable laws & regulations.
Approve breaches of Local Portfolio Standards, to the extent permitted by WB Credit Policy.
Monitor compliance with credit policy and Portfolio Standards on monthly basis at least and reviewing any divergence thereof with the CEO, Client Coverage (CC) Head/Segment Heads to ensure credit quality targets are achieved.
Ensure first line process owners understand and accept their risk management responsibilities.
Ensure EAR process is adhered to and lead monthly EAR discussion. Assisting relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management, where appropriate, in managing accounts to maximize recoveries and minimize losses.
Initiate stress tests as required by internal and external factors and review results and assess their implications.
Ensure that effective management response plans are in place to respond to extreme but plausible scenarios.
Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
Direct appropriate response to material events or other risk issues that come to the Senior Credit Officer, Specialized Finance's attention.
Ensure risk capabilities are objective, consistent and compliant with applicable regulations.
Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures.
Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder, taking account of concentration risk across sectors, geographies and markets.
Maintain delegated authorities in line with internal policies and ensure that delegations are in line with individual capabilities.
Maintain an open and cooperative relationship in dealings with regulators.
Align the strategy of the Risk function with business strategy and risk appetite and oversee its execution.
Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in similar role within the same product / business area.
Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control.
Regulatory Framework and Requirements: Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role.
Non-technical Skills: Significant relationship management experience - with external stakeholders at the most senior levels, including regulators and rating agencies.
CCIB Credit Risk
Details and apply for this Standard Chartered Bank job as follows:
