Credit Approver

Job ID: 43198

Location: Mumbai, IN

Area of interest: Operations

Job type: Regular Employee

Work style: Office Working

Opening date: 11 Nov 2025

Job Summary

This role requires a Credit Approver to underwrite and approve a diverse portfolio of secured and unsecured loans, with sanctioning authority of up to $50 million and $5 million, respectively. The approver will manage relationships with other stakeholders in bank, evaluate complex transactions, and ensure all lending activities adhere to policy and mitigate risk. Responsibilities also include training and guiding credit analysts on transaction queries and managing bank-empanelled vendors. The ideal candidate should possess a strong analytical mindset and robust financial evaluation skills to ensure a high-quality credit portfolio. This position is vital for maintaining the bank's financial stability and supporting its strategic growth objectives.

Key Responsibilities

Strategy

• Work closely with the CI Analysts, Analyst Manager & Zonal Manager and drive the right outcomes for the Bank in line with Retail Clients strategy. Focus on maintaining TAT and portfolio quality.

Business

• Work with the business to optimize returns while remaining within Risk Appetite.

Processes

• Strengthen discipline in adherence to processes and standards and ensure country procedures aligned to Group standards. Fully engage in initiating and driving the programme of embedding a risk culture.

People & Talent

• Strongly reinforce lessons learnt from control failures and sub-optimal risk decisions. Strengthen the Ops CPBB function, address capability gaps, continuously drive employee engagement. Lead from the front on values and conduct.

Risk Management

• Enhance the rigor of central portfolio oversight and improve the effectiveness of the reviews / meetings / forums to achieve precision in identifying key vulnerabilities and speed in mitigating emerging risks.

Governance

• Ensuring unit is always following OR guidelines. No surprise findings in GIA, Regulatory and Peer 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

• CI Team, CO Team, Business Teams, Policy Team, Product Team, Collection Team, Branch Team, CCU Team, Legal & Compliance Team, Bank empanelled external vendors.

Other Responsibilities

• Ensure smooth processing of BAU, Strong co-ordination between Analysts, CO, Business team and Analyst Manager. Quality portfolio building. Providing continuous feedback to Analyst Manager so as to improvise work of CI Analyst team.

Skills and Experience

• Underwriting skills
• PD skills
• Stakeholder Management
• Training skills
• Maintaining TAT
• Vendor Management

Qualifications

Education MBA (FINANCE) / CA

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.