Head, Policy & Governance: Consumer, Private and Business Banking Risk, AME & Europe - (2200004430) at Standard Chartered Bank Kenya

The Role Responsibilities
Strategy

1. Drive and help implement the Consumer, Private and Business Banking Credit Risk Policies and framework in country with the help of respective process owners.
2. Track and report the target risk appetite boundaries for Consumer, Private and Business Banking and propose a remediation plan if required in collaboration with respective segment risk heads.
3. Responsible for country input for the expense and impairment forecast, including the Corporate Plan process and help drive the critical business discussions to optimise the book and shape.
4. Overall management of Management Information process including Regulatory Reporting and Bureau reporting, compliance to the standards, Portfolio Quality Review and data quality management.
5. Overall management of Operational Risk profile for Consumer, Private and Business Banking Risk via participating group wide process universe refresh, implementation of Operational Risk Framework (or similar framework) and other non-financial risk management.
6. Support regional / entity level risk management reporting, stress testing and other associated responsibilities.
7. Lead the Policy & Governance function for the region (AME & Europe) and provide support to markets.

Business

1. Manage the key business information requirement required to run an effective risk organisation.
2. Help aligning strategy of the segment risk functions with risk appetite and tolerance and oversee its execution.
3. IFRS9 based ECL review and analysis for broader stakeholder alignment and pre-emptive risk management.

Risk Management Processes

1. Manage process standards for Loan Impairment and Management Information to compliance and alignment.
2. Participate and present in risk governance committee for Operational Risk Framework Management, Loan impairment and other insightful analysis to facilitate objective balance of risk management and effective control.
3. Participate in key Global programs like BASEL IV, PCI DSS and Innovation / Transformation.
4. Support and manage Bureau reporting process for the country.
5. 2nd Line of Defence role for local and Group Stress Testing (leveraging Global Capabilities) to perform review and challenge on Basis of preparation, methodology review, model reviews and overall support to the process.
6. Review and Capital / RWA, especially for Standardised portfolio. Provide assurance to Global Head Policy & Governance to perform the adequacy attestations.

Performance Management and Portfolio Review

1. Responsible for managing the loan impairment (LI) forecast for Consumer, Private and Business Banking Credit Risk.
2. Coordinate the Corporate Plan process and forecast cycle for Consumer, Private and Business Banking Credit risk in line with emerging trends.  
3. Responsible for overall tracking of expenses and cost forecast for Consumer, Private and Business Banking Credit Risk.
4. Manage country PQR and with governance responsibilities such as meeting the TOR, minutes and action item tracking. The incumbent is responsible for the timeliness, quality and consistency of the material being used in the PQRs.
5. Provide inputs for country, regional or Group risk committees when required.

Operational Risk & Governance

1. Support Country Credit Head and the management team to implement Credit Risk Management Policy framework. Perform independent review and challenge to the policy and to ensure that all standards and polices are aligned with the target governance frameworks and enable effective controls
2. Provide timely and relevant inputs to Group Credit Governance Group (CGC) and other country level governance forums.
3. Perform Business Risk Management (BRM) role for Consumer, Private and Business Banking Risk.
4. Participate Enterprise wise risk management responsibilities including cross-cutting risk type implementation.
5. To ensure risks of processing failure are being actively controlled end-to-end.
6. Embed the Group’s values and code of conduct, as it relates to the role remit, to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
7. Engage with relevant audit teams (internal and external) report findings across the relevant functions and ensure feedback is acted upon.

Regulatory & Business Conduct

1. Display exemplary conduct and live by the Group's Values and Code of Conduct.
2. 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.
3. Lead Group Policy & Procedure team to achieve the outcomes set out in the Bank's Conduct Principles on Fair Outcomes for Clients.
4. Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

People and Talent

1. Employ, engage, develop and retain high quality people
2. Lead AME & Europe market Policy & Governance team and provide them support.

Other Responsibilities

1. Embed Here for good and Group's brand and values in Global Consumer, Private and Business Banking Credit Risk.
2. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

1. Ideally more than 15 years of functional risk experience in the areas of Retail Credit Risk. Expertise in other areas of risk is an advantage.
2. Appropriate academic training and/or experience in finance, business or Economics; a post-graduate degree is desired.
3. Good knowledge and grasp of banking practice, financial markets, Basel II and all Consumer Banking lending products at a higher level and awareness of the regulatory frameworks by home and host regulators.
4. Functional knowledge of model risk management including for capital and impairments.
5. Well versed with Bank's Enterprise Risk Management Framework (ERMF) and overall governance philosophy.
6. Able to lead the governance function for Consumer, Private and Business Banking and provide adequate support to Chief Risk Officer. 
7. Reasonable understanding on accounting principles of IFRS9, especially related to ECL. 
8. Good understanding on data structure and the information flow for the risk function.
9. A fair understanding of the innovations in banking and well versed with emerging technologies.
10. Strong analytical and dispute resolution skills.
11. Ability to make independent decisions with a strong sense of empowerment and leadership skills to command the respect of a cross functional set of professionals at senior level (internal and external) working in open ended situations.
12. Proven management & leadership skills; Ability to motivate a lead a whole function & multi-country teams into changing & challenging situations.
13. Should be able to independently manage the operational risk for Consumer, Private and Business Banking Risk function.
14. Excellent communication skills- written and oral.