Manager, Credit Initiation, Business Banking at Standard Chartered Bank Kenya

The Role Responsibilities

• Appraisal and approval of Business Clients’ applications in line with the delegated lending authority while adhering to the Bank’s processes and standards.
• Working closely with stakeholders (CCHs, HoBBs, CAs) in ensuring smooth functioning of the BB credit initiation process with an aim of enhancing client experience

Strategy

• Support the Hub Manager in ensuring proper monitoring and control of risks, efficiency, effectiveness and quality of CPBB Risk operations in the Africa BB Hub
• Support the hub manager in driving initiatives on:-

• Standardization of activities
• Automation of processes
• Hubbing and centralization of activities
• Any other digital initiatives as may be advised from time to time.

Business

• Support the hub manager in optimizing operating efficiency while ensuring effectiveness of decision making within the role.

Processes

• Timely decisioning on all BB applications within Delegated Lending Authority.
• Appropriate and timely communication of all decisions to stakeholders and ensuring appropriate MIS is maintained.
• Ensuring that Retail/Business clients Credit Policy and standards are complied with and that all applications received are subject to these and the established processes and rules.
• Support in daily monitoring of excess accounts to ensure proper tracking,  accounts are regularised on time and appropriate approvals are obtained.

People and Talent

• Continuously engagement with the frontline to ensure continuous improvement of submissions

Risk Management

• Ensuring that BB applications are processed within appropriate delegated authority
• Maintaining high service standards by ensuring underwriting complies with Group and BB credit policies and adheres to CAD and CPM requirements while at the same time supporting achievement of set TAT standards
• Ensuring that all applications are processed in compliance with BB Credit Policy and Standards.
• Ensuring that application processing is within the set turn-around timeframes and are efficiently carried out.
• Exercising diligence, independence and good judgement in credit decision that ensure quality BB portfolio with minimum delinquency and LI.
• Ensuring that credit Risk Management practices are adhered to in the unit. Contributing towards updating capacity plans and assistance on SAM process to make it more robust.
• Ensuring legal, regulatory, and economic compliance
• Ensuring compliance with the Group’s standard and regulatory requirements pertaining to money laundering and CDD
• Participating in and/or supporting the Bank’s effort to combat money laundering.
• Exercise due care and diligence on matters related to Money laundering and CDD in the day to day operations

Governance

• Attending all SAM/ASTAR monthly forums to ensure the correct strategy is adopted to all stressed accounts.
• Performing review of accounts through annual renewals and proposing appropriate strategies for accounts where deviations have been noted while ensuring they are approved at the right level.
• Review of CaRTs and ensuring the correct strategy is adopted for all accounts with breached CaRTs.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Internal Stakeholders.

• Central Policy team
• CCHs, CCOs, CCROs
• Country Business heads and Product Head, CPBB
• Relevant members of Credit Management team
• Internal IT partners supporting CPBB
• Senior Manager – Credit Initiation BB
• External Stakeholders
•  Vendors and consultants

Other Responsibilities

• As may be assigned from time to time

Our Ideal Candidate

• Business related degree
• Credit skills assessment certification
• Accounting Certification will be an added advantage.