Senior Credit Manager, Tanzania at Standard Chartered Bank Tanzania

💥Senior Credit Manager, Tanzania – (2300001464)
Job: Risk
Primary Location: Africa & Middle East-Tanzania, United Republic of-Dar es Salaam
Schedule: Full-time
Employee Status: Permanent
Role Responsibilities
Strategy

• Inform
  the development of business’ plans with the provision of cost and
  impairment forecasts and a balanced judgement on the external
  environment

Business

• Communicate the strategic intent and collective agenda for the Function’
• Maintain and develop the Function’s risk capabilities, and skills to meet ongoing business needs and plans

Processes

• Supervise all processes where a member of the Function is the identified first line process owner
• Ensure
  effective management of the operational risks within the Function and
  compliance with applicable internal policies, and external laws and
  regulations
• Continuously improve the operational efficiency and effectiveness of the Function’s risk management processes

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People and Talent

• Help coaching the junior credit managers, with an aim to nurture the next generation of senior credit managers
• Uphold
  and reinforce the independence of the Function from those whose primary
  responsibility is to maximise short-term revenues and profits
• Ensure
  the provision of ongoing training and development of the Function’s
  people Lead through example and build the appropriate culture and values
  within the business and across the wider organisation

Risk Management

• Ensuring
  that the quality of Group Mandates, Business Credit Applications (BCAs)
  and other credit submissions meets Group standards, particularly with
  regards to the completeness and depth of risk analysis.
• Approving breaches of Local Portfolio Standards, to the extent permitted by WB Credit Policy.
• Formulating
  and obtaining approval of Portfolio Standards which is supportive (from
  credit risk perspective) of the business strategy of various segments
• Ensuring credit related issues be timely raised to Senior Credit Officer with all necessary suggestions for rectifications
• Assisting
  Senior Credit Officer on timely submission of portfolio reviews and
  ensure accuracy of credit portfolio data as and when required. Ensure
  EAR process is adhered to and take an active part in the monthly EAR
  discussions. 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 maximise recoveries and minimise losses.
• Ensure
  compliance to the Operational Risk framework including the effective
  application of risk toolkit (self-assessments, KRIs, KCSs, etc) and
  reporting.
• Initiate or assist stress tests as required by internal and external factors and review results and assess their implications
• 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
• Direct appropriate response to material events or other risk issues that come to the SCO’s attention
• Exercise risk control responsibility for Credit Risk, Corporate, Institutional and Commercial
• Ensure that material risk exposures and related issues are reported to Senior Credit Officer and/or Function as appropriate
• Maintain
  a good understanding of the requirements of key external stakeholders
  in respect of risk management and ensure these are well understood
  internally
• Actively participate in key committees or forums (if invited)
• Ensure first line process owners understand and accept their risk management responsibilities
• Maintain an open and cooperative relationship in dealings with regulators (if applicable)
• Provide
  a reference point on credit systems for collating and passing on to
  Group Technology and Operations problems and proposed enhancements.
• Increasing
  working profits through effective management of the loan asset
  portfolio in order to help develop the franchise in a sustainable way
  and minimise provisions.
• Maximizing Economic Revenue through effective management of the risk/reward relationships.
• Maintaining credit quality and standards of professionalism for the risk function.
• Ensure effective implementation of Group Policies / Circulars / Procedures.
• Undertake regular customer visits to better understand the business environment

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Governance

• 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/XXX [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.
• [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].
• [Where relevant – Additionally, for subsidiaries or relevant non -subsidiaries]
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key Stakeholders
Internal

• In country segment Heads, Senior Bankers, RMs, credit/Marketing groups
• Head, Group Audit (Country)
• Treasurer (Country) and various GM Head of Sales
• Head SAG/SAR (Country and Regional)
• Head, Legal Affairs and Compliance (Country)
• Senior Credit Officer

External

• Corporate and Institutional relationships in country
• Members of the legal professions
• Directors/Key contacts in the business community
• Accountants/Consultants
• Auditors / Government regulators

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Our Ideal Candidate
Qualifications

• Market
  knowledge: substantial experience in the banking industry, including
  demonstrated success in a similar or credit risk management role.
• Business
  strategy and model: sharp business acumen (including ability to assess
  risk and appropriate levels of return), strong leadership qualities,
  interpersonal skills and multi-cultural awareness and sensitivity.
• Risk
  management and control: demonstrated track record in successful
  management and ability to manage risk in a highly varied product base.
  Expertise in process design and control.
• Regulatory framework
  and requirement: awareness and understanding of the regulatory framework
  in which the firm operates and the regulatory requirements and
  expectations relevant to the role of Senior Credit Manager.
• Non-technical skills: relationship management experience- with external stakeholders, including regulators and rating agencies.
• Languages; English.
• Banking training:

Role specific training which are mandatory and developmental

• Risk management framework
• Core credit curriculum
• Other training as deemed mandatory by the bank and updated on a periodic basis.

Role Specific Competencies

• Credit Risk Management
• Operational Risk Management

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About Standard Chartered
We’re
an international bank, nimble enough to act, big enough for impact. For
more than 160 years, we’ve worked to make a positive difference for our
clients, communities, and each other. We question the status quo, love a
challenge and enjoy finding new opportunities to grow and do better
than before. If you’re looking for a career with purpose and you want to
work for a bank making a difference, we want to hear from you. You can
count on us to celebrate your unique talents. And we can’t wait to see
the talents you can bring us.

Our purpose, to drive commerce
and prosperity through our unique diversity, together with our brand
promise, to be here for good are achieved by how we each live our valued
behaviours. When you work with us, you’ll see how we value difference
and advocate inclusion.
Together we:

• Do the right
  thing and are assertive, challenge one another, and live with
  integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• In
  line with our Fair Pay Charter, we offer a competitive salary and
  benefits to support your mental, physical, financial and social
  wellbeing.

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• Core
  bank funding for retirement savings, medical and life insurance, with
  flexible and voluntary benefits available in some locations
• Time-off
  including annual, parental/maternity (20 weeks), sabbatical (12 weeks
  maximum) and volunteering leave (3 days), along with with minimum global
  standards for annual and public holiday, which is combined to 30 days
  minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive
  wellbeing support through Unmind, a market-leading digital wellbeing
  platform, development courses for resilience and other human skills,
  global Employee Assistance Programme, sick leave, mental health
  first-aiders and all sorts of self-help toolkits
• A continuous
  learning culture to support your growth, with opportunities to reskill
  and upskill and access to physical, virtual and digital learning
• Being
  part of an inclusive and values driven organisation, one that embraces
  and celebrates our unique diversity, across our teams, business
  functions and geographies – everyone feels respected and can realise
  their full potential.
• Recruitment assessments – some of our
  roles use assessments to help us understand how suitable you are for the
  role you’ve applied to. If you are invited to take an assessment, this
  is great news. It means your application has progressed to an important
  stage of our recruitment process.

Visit our careers website www.sc.com/careers
Posting Date: 24/Jan/2023, 1:29:40 PM
Unposting Date: 08/Feb/2023, 2:59:00 AM

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