Senior Credit Officer, Pakistan

Job Summary

Responsible for the Second Line of Defence responsibilities related to Credit Risk. This role includes responsibility for final credit decisions as per delegated authority for Corporate & Investment Banking lending portfolio

Key Responsibilities

• Plan development of risk parameters for the portfolio according to Risk Appetite and Policy Frameworks and documents in the relevant Portfolio Guidelines/Risk Appetite Mandates.
• Inform the development of business plans with the provision of cost and impairment forecasts and a balanced judgment on the external environment.
• Maintain and develop the Credit risk capabilities, and skills to meet ongoing needs and plans.
• Control the portfolio within the set risk parameters to ensure risk profile within risk tolerances.
• Ensure effective management of the operational risks within the Risk function and compliance with applicable internal policies, and external laws and regulations.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Uphold and reinforce the independence of the Risk function from those whose primary responsibility is to maximize short-term revenues and profits.
• Assess the credit risk profile of the Pakistan Corporate, Commercial & Institutional Banking portfolio, maintaining alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.
• Exercise risk control responsibility for Credit Risk for the Pakistan Corporate & Investment Banking in Pakistan.
• Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate.
• Design, maintain and effectively communicate risk control parameters across the Business, including policies, control standards, risk exposure limits and other control levers in order to maintain the risk profile in line with the Group's risk appetite.
• Formulate and obtain approval of Portfolio Guidelines / Risk Appetite Mandates which are supportive (from a Credit Risk perspective) of the business strategy of various segments.
• Approve breaches of local Portfolio Guidelines/Risk Appetite Mandates, to the extent permitted by Credit Policy / delegated authority.
• Monitor compliance with Credit Policy and Portfolio Guidelines/Credit Approval Documents/Risk Appetite Mandates on a periodic basis and review any divergence thereof with the CEO, Client Coverage (CC) Head/Segment Heads to ensure credit quality targets are achieved.
• Increase working profits through effective management of the loan asset portfolio in order to help develop the franchise in a sustainable way and minimize provisions.
• Maximize Economic Revenue through effective management of the risk/reward relationships.
• In partnership with Group Risk function colleagues:
• Ensure the effective application of risk identification, measurement and modeling capabilities which are objective, consistent and compliant with Group standards and applicable local regulations.
• Assign risk authorities to suitable named individuals in line with their skills and judgement
• Maintain an effective communication of risk control parameters, including policies, control standards, risk exposure limits and other control levers in order to comply with local regulations and practices and ensure that the Group's risk profile is consistent with the overall risk appetite set by the Board.
  
  

Relevant Experience Required

• Minimum 15 years’ Corporate Credit risk management and/or Corporate banking relationship management experience
  
  

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.