Credit Risk Management at Standard Chartered Bank Kenya

Role Responsibilities

Strategy

• Managing the Credit risk profile of the Unsecured portfolio within the Bank’s risk appetite.  Ensure consistent application and enforcement of the policies, processes, and controls in markets across African.   
• Provide support to the Regional Risk Management teams specifically in digital initiatives within Consumer Banking. Drive and co-ordinate digital partnerships including fintech platforms, alternative data providers, and advanced analytic tools.

Business

• Preparation of all Consumer Banking Unsecured Credit documents including Credit Approval Documents (CAD), Credit Procedure Manual (CPM) and Campaign Recommendation Document (CRD) in Africa.
• Supporting and providing analysis to the Country Credit Heads and Risk Management teams across the region to ensure good growth of quality assets.
• Integration of Group Credit Policy/Standards with CB Unsecured Lending strategy/plan and ensuring adherence to Group Credit policy/standards in the Africa countries
• Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues across the region.

Processes

• Assist the Regional leadership in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls
• Monitor, review, and control risk profiles to ensure that portfolio shape is in line with strategy.
• Continuously improve the operational efficiency and effectiveness of risk management processes

Risk Management

• Proactively identify portfolio problems and take corrective action by effective use of Analytics
• Ensure compliance to Group Policies for Unsecured segments, ensuring timely gap analyses are done and dispensations obtained where required.
• Own and implement effective quality assurance framework across CCPL 
• Maintain a good understanding of the requirements of key external stakeholders in respect of credit risk management and ensure these are well understood internally and reflected in internal procedures
• Ensure timely reporting of related portfolio information to Chief Credit Officer, CPBB Africa and to other relevant Country or Regional Committee’s or Forums
• Proactively identify portfolio problems and take corrective action by effective use of Analytics

Governance

• Ensure implementation and enforcement of the credit policies and risk control procedures.
• Review program proposals for new and existing products submitted by countries for approval, ensuring all risk dynamics are properly addressed and controlled
• Assist the countries in maintaining the Consumer Banking Credit Policy to ensure policy aligns with the agreed risk appetite, reflects the key risk characteristics of the portfolio, and enables effective controls.

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 [Africa / Consumer, Private and Business Banking Risk Function  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.

Key Stakeholders

Internal

• Members of Consumer Private and Business Banking Risk Management Group (CCO, CCH’s and Group CRM)
• Regional and Country Heads of Credit Initiation/ Risk Operations
• Regional and Country Heads/ Fraud Risk Managers
• Cluster & Country Consumer Banking Heads
• Members of Country and Cluster Consumer Banking Leadership Teams
• Country and Cluster Heads of Control functions
• Group Internal Audit
• Country Finance

External

• Credit Bureaus
• External auditors

Our Ideal Candidate

• At least 7 years of Risk experience in the areas of Retail Credit Risk Management; expertise in other areas of risk management is an added advantage.
• Appropriate academic training in a quantitative discipline such as such as Statistics; Minimum BA/BSC degree.
• Good knowledge and grasp of banking practices, Consumer Banking lending products and awareness of the regulatory frameworks across the Africa region.
• Strong analytical with ability to use SAS (Statistical Analysis Software) 
• and stakeholder management skills.  Ability to work with people across the SCB network
• Excellent communication skills.