Standard Chartered India | Head, Credit Risk Review, Specialised Finance

Responsibilities

• This is a senior leadership role responsible for independent, technical and forward-looking assessments over the credit quality, risk governance and control environment of the Group’s Specialized Finance portfolios globally.
• The role will exercise independent challenge and escalation authority in accordance with the Credit Risk Review mandate, while preserving clear separation from first-line credit and business decision-making.
• The individual is expected to undertake independent reviews that provide insights into actionable strategic and business outcomes.
• The role provides senior management, risk committees and relevant regulators with an independent assessment of Specialized Finance underwriting, structuring, portfolio quality, risk appetite alignment, lifecycle monitoring and problem-credit management.
• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Assess whether strategic growth objectives remain supportable under downside conditions and whether the balance between risk, return, capital consumption, concentration and distribution is sustainable.
• Maintain deep knowledge of the macroeconomic, sector, commodity, construction, operating, demand, technology, legal, political and sovereign conditions affecting the bankability and resilience of Specialized Finance transactions.
• Assess portfolio vulnerability to interest-rate, foreign-exchange, inflation, commodity-price, volume, merchant-price and refinancing shocks, including correlation and concentration effects.
• Ensure that material review findings result in clear management ownership, proportionate corrective actions and sustainable improvements to business practices, governance, data, systems or controls.
• Provide portfolio-level insights that allow management to distinguish isolated transaction weaknesses from systemic or thematic issues requiring broader business intervention.
• Ensure effective management of the operational risks within the Function and compliance with applicable internal policies, and external laws and regulations.
• Contribute to enhance Specialized Finance review methodologies, transaction selection, sector scorecards, model review techniques, portfolio analytics and thematic review capabilities.
• Ensure that all work undertaken as a member of the Credit Risk Review function is delivered to the highest standards and within agreed budgets each year.
• Develop and maintain risk-based review programmes covering the full financing lifecycle, material sectors, higher-risk jurisdictions, emerging technologies, underwriting exceptions, refinancing risk and portfolio concentrations.
• Lead the planning, fieldwork, credit file assessment, model challenge, stakeholder engagement and reporting of Specialized Finance reviews to deliver approved objectives.
• Validate that independent technical, market, environmental and social, insurance, legal, tax and model advice has been appropriately scoped, challenged and reflected in credit decisions.
• Build a sustainable Specialized Finance reviewer capability covering project economics, financial modelling, contracts, security, construction and operational monitoring, ESG and climate, restructuring and recovery analysis.
• Maintain an appropriate mix of credit, sector, engineering, legal, modelling and restructuring expertise within the review team and use external or guest specialists where required.
• Lead through example and build the appropriate culture and values within the Credit Risk Review function and across the wider Assurance organization.
• Assess conditions precedent and subsequent, drawdown controls, completion tests, sponsor equity funding, contingency adequacy, covenant compliance, waivers, consent management, reserve funding and distribution lock-up mechanisms.
• Review the accuracy and timeliness of internal risk ratings, probability of default, loss given default, expected loss, collateral values and recovery assumptions in light of transaction structure and changing risk conditions.
• Assess problem-credit identification and remedial strategy, including standstill, restructuring, additional sponsor support, enforcement, asset sale, refinancing and recovery pathways.
• Execute the Credit Risk Review programme for Specialized Finance and ensure that portfolio, thematic and transaction reviews are delivered in accordance with the approved Terms of Reference and annual risk assessment.
• Maintain an open and cooperative relationship in dealings with regulators.
• Deliver effective governance through credible challenge of senior executives on complex Specialized Finance judgements and maintain open, cooperative engagement with relevant regulators.

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