(ML)Director, Credit Risk Management, Mortgage Loans-2400004621

Role Responsibilities

This is a critical role within the Retail Bank risk management team under which the job holder will support and manage the execution of the risk management strategy for secured lending products (mortgage and auto loans) across ~25 markets, with a total balance sheet of more than $80bn. The job holder will need to partner with both the first line of defence, as well as, the larger Retail Bank risk team, to oversee the growth strategy with respect to the secured lending portfolios across Asia, Africa and the Middle East

• Derive and implement credit risk management strategy within the Group’s risk management framework to manage credit risks for the Retail Bank secured lending portfolios, covering primarily mortgage loans, as well as smaller auto loan portfolios.
• Ensure consistent application and enforcement of credit policies, processes, and controls in all markets.
• Anticipate changes in credit conditions and work with respective credit officers in markets to implement effective portfolio actions that mitigate potential risks.
• Proactively manage the portfolio credit risk profile within agreed risk appetite.
• Provide insightful and robust analysis to facilitate credit policy and risk appetite discussions and decision making in the credit risk governance and management group meetings.
• Communicate to the 1LOD the strategic intent and collective agenda for the Function, as it relates to secured lending risk.
• Maintain and develop risk capabilities, skills and infrastructure to meet ongoing business needs and plans for secured lending risk, with an awareness and understanding of the wider business, economic and market environment in which the Group operates.
• Maintain the Group Credit Policy and Credit Procedure Standards for secured lending, matching the key risk characteristics of the portfolio and enabling effective controls.
• Supervise implementation and enforcement of the credit policies and risk control procedures for consistent applications across markets to ensure that processes are in place for the risk officers in Group / Region/ Country to monitor the performance.
• Maintain all credit risk standards and policies for secured lending and ensure it is aligned to the agreed risk appetite; reflects the key risk characteristics of the portfolio; and enables effective controls.
• Work with 1LOD to formulate risk appetite for different products and segments; facilitate development of new credit programmes to deliver scalable lending solutions.
• Understand sensitivities to key risk drivers and potential stress impact on the portfolio; monitor external factors, such as state of economy, regulatory environment and other emerging risk trends.
• Review CAD, policy dispensations and programme proposals for new and existing products submitted by business units/countries for approval, to ensure that all risk dynamics are properly addressed and controlled
• Maintain mortgage and auto loan CADs (Credit Approval Documents) and provide guidance and support to country and regional teams for the related country addenda.

Role Requirements

• Academic Qualifications: Bachelor or above degree with quantitative skills
• Professional Experience: With at least 8 years of experienced in retail bank credit risk with detailed knowledge and understanding of retail products
• Candidates with mortgage loan risk experience is a plus
• Completion of internal mandatory and specific developmental training plans
• Language: Fluent in English and Cantonese is preferred

About Standard Chartered 

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