Head, Credit Risk Reporting and Mi - Singapore - Standard Chartered

Standard Chartered

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Job:
Risk

Primary Location:
Asia-Singapore-Singapore

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 20/Apr/2023, 2:31:44 AM

Unposting Date: 20/May/2023, 1:29:00 PM

JOB SUMMARY

As the Head, Credit Risk Reporting, the role-holder should demonstrate strong leadership with business management and collaboration skills to ensure development and delivery of timely, accurate and complete internal and regulatory reporting, a deep understanding of the Group's credit risk management framework and relevant analysis and insights for key stakeholders.

The Head, Credit Risk Reporting, will support the Chief Risk Officer, CCIB in the development and delivery of reporting and MI requirements, and support relevant stakeholders in the First and Second Line in discharging their accountabilities through delivery of expertise to them.

The role holder will also have oversight of the CPBB credit risk reporting and MI team.

RESPONSIBILITIES

Strategy

Understand reporting and MI requirements of credit risk stakeholders, board and senior management and regulators and translate them into effective and efficient risk reports in production
Improve team efficiency in BAU activities, through automation or outsourcing to GBS
Align to the business strategy of the Risk and CFCC functions by delivering risk reporting and MI capabilities to support data driven decision making
Drive innovation in advancing data usage and digitisation, as well as championing efforts in the adoption of best practices across Global, Regional and Country teams.
Supervise the offshore teams to achieve sound management of analytics and control agenda.
Continuously work towards improving the control environment and compliance culture in credit risk reporting
Represent the Risk and FCC Reporting team in relevant committees, management forums, working groups or squads for integrating new products, key initiatives and risk platforms (including obsolescence)
Adapt and adopt new ways of working with hybrid working models, challenging norms when required to drive process efficiency and cost saves.

Business

To lead the credit risk reporting team for Corporate, Commercial and Institutional Banking (CCIB) and ensure the following:
Team delivers quality reports in a timely manner with analytical insights for both internal and external stakeholders
Build stronger relationship with all stakeholders
Credit Exposure Measurement & Control
To measure and report credit Risk Appetite exposure against the thresholds for CCIB
To monitor credit, presettlement and settlement risk on the FM trading and banking book, across multiple asset classes
Functional ownership of GBS team's BAU activities
Manage reporting and MI tools for CCIB
Ownership of Credit Risk measurement and Calculation engine (ACR)
Work with finance and risk infrastructure teams to provide business requirement and conduct UAT
Continuously work towards improving risk data quality with infrastructure and other risk teams

Processes

Support and integrate with the emerging QPR/Refinement Forum process particularly as a mechanism to set delivery priorities with Business and Functions
Support projects in building compelling cases for change
Ensure transition to BAU and adoption and onboarding completion are incorporated into Definitions of Done
Identify and drive realisation of opportunities for selfservice and automation for solutions
Drive realisation of opportunities to improve efficiency and efficacy of onboarding, adoption and integration processes
Identify opportunities for reuse of adoption and onboarding processes
Ensure that regulatory requirements, Group and Business policies are effectively embedded. Facilitate the implementation of Control Sample Test (CST), related Key Control Sample Tests (KCST), Key Risk Indicators (KRI) and monitoring plans for compliance and operational risk management.
Standardise, simplify, consolidate related processes; retire obsolete, legacy streams and perform horizon scanning on upcoming trends to integrate with ways of working

People & Talent

Ensure the teams are adequately resourced and staffed by an appropriate number of competent staff, who are sufficiently independent to perform their duties objectively.
Ensure the teams have access to the necessary training/learning programs to execute their current role and, where required, maintain any professional qualifications and memberships.
Allocate appropriate responsibility, accountability, and authority to direct reports.
Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
Responsibility to review the team structure/capacity/succession plan. Create growth plans and development plans to be futureready
Set and monitor job descriptions and objectives for the team, provide feedback and rewards in line with staff perfo