Head of Management Information and Forecast
- Recruiter
- Standard Chartered Bank
- Location
- Shanghai
- Salary
- Negotiable
- Posted
- 24 Oct 2019
- Closes
- 24 Nov 2019
- Ref
- 1900026946
- Contact
- Standard Chartered
- Approved employers
- Approved employer
- Job role
- Forensic accountant
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Director
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
- Contribute to the implementation of ERMF and controls within Retail Banking Risk, in order to encourage the development of an appropriate risk culture and discipline.
- Co-ordination of the budget exercise to ensure both LI and cost numbers in align with business strategy and plans.
- Ensure timely, appropriate and accurate loan impairment made according to Policy
- Effectively manage the credit MIS & reporting responsibilities, ensure completeness and timeliness of Credit MIS being reported, to all internal stakeholders.
- Ensure correct and timely delivery of regulatory reports and requests.
- Ensure portfolio monitoring and stress test in place to make sure credit risk is controlled within risk appetite.
- Effectively manage scorecard performance through continuous monitoring and review process.
- Ensure effective management of operational risks within Retail Banking Risk and compliance with applicable internal policies, and external laws and regulations
- Ensure timely recording risk issues and reporting quality (i.e. information being recorded, data accuracy, completeness and timely resolution) in EORP.
- Ensure timely update of business continuity plans and cascade to all stakeholders.
- Timely respond to regulatory reportable incidents / risks to Compliance/OR and coordinate action plans with stakeholders.
- Coordinate where appropriate internal audits and external / regulatory inspections of Retail Banking Risk. Track the progress of improvement plans committed to audit findings.
- Perform assurance regarding the effectiveness of credit controls and compliance with applicable laws & regulations
- Enhance the existing QA scope to cover entire credit cycle
- Plan and execute regular QA review on all Retail Banking decisions to ensure compliance with applicable policies and regulations
- Share findings and insights with RRO, CRM and Collection, to improve the controls over policy implementation
- Feedback on effectiveness of credit policy implementation, and recommend opportunities for streamlining approval of Retail Banking credit applications
- Assist Retail Banking Risk functions in interpreting and understanding regulations and compliance guidelines and evaluate the effectiveness of policy implementation tracking and make recommendations where necessary
- Ensure that material risk exposures and related issues are reported to the responsible governance committees
- 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
- Maintain an open and cooperative relationship in dealings with regulators