Credit Analyst

Job Summary Strategy Provide inputs in shaping the Retail Risk Operations strategic direction Work with in-country stakeholders to deliver against the Retail Risk Operations strategic initiative Business Optimise operating efficiency while balancing the effectiveness of file processing within the Retail Risk Operations function Ensure the cost budget in Credit Initiation is based on robust capacity plans and is delivered through a rigorous cost management discipline Processes Ensure that credit files are processed while adhering to the process standards defined by CCO Retail Clients Lead and drive standardisation automation and consolidation through re-engineering and process improvement initiatives Leverage and build credit assessment infrastructure capability to optimize process efficiency Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees Implement the Operational Risk Framework in Retail Risk Operations and monitor the operational risk metrics to identify potential control weaknesses Identify and track Key Performance Indicators KPIs to support strategy testing environment and daily operations People Talent Lead through example and build the appropriate culture and values Set appropriate tone and expectations from their team and work in collaboration with risk and control partners Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks Employ engage and retain high quality people with succession planning for critical roles Key Responsibilities Risk Management Identify and share industry best practices and work with the businesses for their feasibility and implementation Monitor through the door application quality and provide timely inputs to in-country stakeholders for optimizing risk and reward relationship Ensure all Credit Initiation policies and procedures comply with Group Policies and Standards Ensure proper and updated documentation in place for in-country policies and procedures Governance Ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements Embed the Group s values and code of conduct in Credit Initiation to ensure that adherence with the highest standards of ethics and compliance with relevant policies processes and regulations among employees forms part of the culture Accountable for satisfactory closure of issues gaps arising from Internal Audits peer reviews and regulatory reviews 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 Lead 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 Serve as a Director of the Board Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association or equivalent Key stakeholders Internal stakeholders o Country Retail Risk Head o RRO Team Policy Team o Country Business Heads and Product Head Retail Client segment o In-country governance forums as may be applicable o Country Fraud and Collections Heads o Internal IT partners supporting Retail Clients business o HR L TD team o Operations L C and Customer Experience Management Unit External stakeholders o Auditors and Regulators o Associations Visa MasterCard Amex and other Regional Local forums Credit Bureaus and peer Banks o Suppliers vendors and consultants Other Responsibilities Review files received from lending operations and check file for documentation and Compliance Risk Analysts to conduct Tele PD or Physical PD as applicable to the case and as defined by the policy Manage reworks with lending operations and business for completion of additional requirements Review and Validate legal and valuation reports and also arrive at the final eligibility Validate banking Sales turnover and other key financial ratios that are critical for credit decisioning along with pre-booking FRM checks Highlight relevant deviations with respect to Policy Maintain TAT productivity Perform checks on external websites and check for any adverse media coverage or any other negative referencing on clients Review of transactions as laid down in the policy along with legal and valuation reports Prepare credit approval Memo which adequately covers all critical information that are necessary for decision making by Approver Manage empanelled vendors and monitor their TAT productivity TPSA and billing related activities POA holders to adhere to clauses as specified in their POA Skills and Experience Analysis of financial statement Analytical skills Understanding of the Legal and Technical Ms Excel Ms Word Qualifications Education MBA CA qualified with minimum 2 yrs of experience Languages English Hindi About Standard Chartered We re an international bank nimble enough to act big enough for impact For more than 170 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 do Never settle continuously striving to improve and innovate keeping things simple and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer In 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 locations Time-off including annual leave parental maternity 20 weeks sabbatical 12 months maximum and volunteering leave 3 days along with minimum global standards for annual and public holiday which is combined to 30 days minimum Flexible working options based around home and office locations with flexible working patterns Proactive 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 toolkits A continuous learning culture to support your growth with opportunities to reskill and upskill and access to physical virtual and digital learning Being 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 38919