Standard Chartered India | An'yst, Credit Initiation

Responsibilities

• Provide inputs in shaping the Retail Risk Operations strategic direction.
• Work with in-country stakeholders to deliver against the Retail Risk Operations strategic initiative.
• Ensure the cost budget in Credit Initiation is based on robust capacity plans and is delivered through a rigorous cost management discipline.
• 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.
• Act quickly and decisively when any risk and control weakness becomes 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.
• 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.
• Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews.
• Optimise operating efficiency while balancing the effectiveness of file processing within the Retail Risk Operations function.
• Leverage and build credit assessment infrastructure capability to optimize process efficiency.
• Review files received from lending operations and check file for documentation and Compliance.
• 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.

Requirements

• Understanding of the Legal and Technical.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai