Md, Credit

2 weeks ago


London, United Kingdom Standard Chartered Full time

**Job***: Institutional Banking

**Primary Location***: Europe & Americas-United Kingdom-London

**Schedule***: Full-time

**Employee Status***: Permanent

**Posting Date***: 01/Mar/2023, 3:10:47 AM

**Unposting Date***: Ongoing

**The Role Responsibilities**

**Job Summary**

Set and implement the strategy for CPM for EA region in line with Global CPM strategy. Set and monitor delivery of business performance objectives for EA Region, ensure adherence to CPM business conduct framework within the region.

Enabling better and faster decision making by the frontline by providing transparency and global consistency, complementing the current Risk and Finance functions. This includes reinforcing first line ownership of risk

Providing transparency on the cost and risk of a transaction to the Bank. Reviewing high priority transactions and advise relationship managers where necessary; providing input on frontline KPIs to help the team to ensure that they originate the right kind of business

Monitoring the portfolio for any potential credit issues and help reduce exposures through secondary distribution and/or hedging - thereby playing a key role in reducing concentration risks and freeing up regulatory capital. Optimising the portfolio, specifically with regards to RWA and with the aim of aggressive RWA reduction in sub-optimal return relationships and the Stressed Assets Group portfolio. In addition, undertake a clean-up of legacy accounts in SAG while adhering to the conduct framework.

**Responsibilities**

**Strategy**
- Actively participate in order to help determine the global CCIB strategy which aims to maximise shareholder value, identifies and creates areas of competitive advantage and aligns to the overall strategic direction of the wider business
- Responsible for developing and managing the implementation of the Credit & Portfolio Management Strategy and that of the various segments in the EA Region, including a global customer value proposition, aligned to the overall strategic direction of the Group and CCIB
- Responsible for developing clear milestones against which the progress of the CPM EA strategy implementation can be measured. Responsible for the CPM execution tracker to monitor such progress for EA region.
- Collaborate with Regional CEOs of EA, Regional Heads of CCIB EA to ensure that the overall CCIB businesses are aligned with the needs and the business plans of Regional & Country operations within EA

**Business**
- Help drive financial performance against targets and manage the cost budget within CPM, including meeting long term economic revenue (RoRWA) goals and RWA targets
- Develop a culture which understands and evaluates the constant tradeoffs between new business, risk and capital deployment

Reinforce first-line ownership of risk and origination discipline/ Risk Management
- Ensure there are appropriate frameworks in place so that the business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed in conjunction with direct reports and other stakeholders
- Formalizing the Credit & Portfolio Management mandate and standardizing the risk and revenue measurements and models (where applicable) so that they can be easily communicated to the front line. This should be written with an aim to simplify and remove the redundant layers from the current processes
- The Credit & Portfolio Management mandate should at a minimum define: (a) the future “revenue profile”; (b) incremental risk for the portfolio; (c) change/ performance management (HR framework for originators and support infrastructure); (d) liquidity management (including liquidity pricing and availability across various units)
- Hedging Framework: prepare a hedging framework that aligns with the risk/ return guidelines. This framework should incorporate technical considerations (eg. availability of instruments, cash/ synthetic, individual vs. portfolio hedge decisions etc) and remain reasonably flexible for practical considerations (accounting vs. economic value of exposures and how they reflect in exposure profitability internally)
- Provide oversight across the CCIB business, and through assignment to direct reports and working in conjunction with Regional CEOs ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines

Reduce P&L volatility while managing returns:

- Drive continuous improvement of the operational efficiency and effectiveness of the process to increase the consistency of global systems and processes. This should enhance the business experience by process simplification and ease of doing business which is not limited to origination, credit and distribution
- Evaluate current data availability and integrity issues and adapt the Credit & Portfolio Management mandate for governance


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