Senior Credit Officer, Funds Risk, Emea

Senior Credit OfficerFunds Risk, EMEA is the team lead for the EMEA Funds Risk team which covers hedge funds, real money funds, and private equity funds in the region. As the Senior Credit approver on the team, they need to provide guidance to two other fund risk Credit Officers in the region. The role requires track record of investment industry credit approval in the banking environment with in-depth knowledge of the investment industry and lending and trading facilities product knowledge. The role requires abilities to communicate and negotiate with external and internal stakeholders: clients, sales, relationship managers, legal and compliance, regulators, etc. The EMEA Funds Risk team is part of the larger global Funds Risk team with members in New York, London, and Singapore.
The Role Responsibilities
Manage risk exposures of Funds portfolio. Provide early warning and identify deteriorating credits.Ensure risk identification, measurement, reporting, and modelling capabilities are objective, consistent, and compliant with applicable regulations.Ensure that material risk exposures and related issues are reported to the Global Head of Funds Risk.Ensure that the quality of Business Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.Approve breaches of Portfolio Guidelines / Underwriting Guidelines, to the extent permitted under Credit Policy / Portfolio Guidelines.Ensure timely submission and accuracy of credit portfolio data to the relevant stakeholder.Monitor compliance with Credit Policy and Portfolio Guidelines / Underwriting Guidelines periodically and reviewing any divergence thereof with the Global Head of Funds Risk.Ensure EAR process is adhered to. Assist relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management, where appropriate, in managing accounts to maximise recoveries and minimise losses.Initiate stress tests as required by internal and external factors and review results and assess their implications.Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategyContinuously improve the operational efficiency and effectiveness of Credit Control and Reporting with regards to Funds.Ensure effective management of operational risks with respect to Funds Risk management functions and compliance with applicable internal policies, and external laws and regulations.Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder.Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal proceduresEnsure first line process owners understand and accept their risk management responsibilitiesMaintain an open and cooperative relationship in dealings with regulatorsAttend the Risk Committee, Credit Issues Forum, and Underwriting Committee to provide input to the committees on arising risk issues and new policies and processes as required.Our Ideal Candidate
Substantial experience in the banking industry, including demonstrated success in a similar role.Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness.Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control.Awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements Significant relationship management experience - with external stakeholder at the most senior levels, including regulators and rating agencies.About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellBe better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termIn line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locationsTime-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimumFlexible working options based around home and office locations, with flexible working patternsProactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkitsA continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learningBeing part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
This employer is a corporate member of myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.