Exciting Opportunity: Standard Chartered Bank Hiring Teller with Strong Academic Background(02 yrs Experience)

Accelerate Your Career with Standard Chartered Bank : Apply for Credit Initiation Analyst with Expertise in Credit Underwriting – Pune (2 Years Experience)

October 4, 2023 Tushar S.

Table of Contents

About Standard Chartered Bank:

Standard Chartered Bank, commonly known as Standard Chartered, stands as a globally recognized institution in the banking and financial services sector, boasting a robust international footprint. Its inception traces back to 1969, a result of the merger between two venerable banks – the Standard Bank of British South Africa and the Chartered Bank of India, Australia, and China. With a history spanning over a century and a half, the bank has established itself as a reputable player in the industry.

Global Impact:

Standard Chartered Bank wields substantial influence on a global scale, owing to its widespread presence across diverse regions and a comprehensive array of financial services. It assumes a pivotal role in facilitating international trade, bolstering economic growth, and furnishing financial solutions that empower individuals and businesses alike.

Key Responsibilities for the Job :

Strategy:

Provide valuable inputs to shape the strategic direction of Retail Risk Operations.
Collaborate with in-country stakeholders to execute the strategic initiatives of Retail Risk Operations.

Business:

Optimize operational efficiency while maintaining the effectiveness of file processing within the Retail Risk Operations function.
Develop cost budgets for Credit Initiation based on robust capacity plans and adhere to rigorous cost management discipline.

Processes:

Ensure the processing of credit files in line with the process standards established by CCO (Chief Credit Officer), Retail Clients.
Lead efforts to standardize, automate, and consolidate through process improvement initiatives.
Utilize and enhance credit assessment infrastructure capabilities to optimize process efficiency.
Promptly address and escalate risk and control weaknesses when identified, adhering to relevant committee procedures.
Implement the Operational Risk Framework in Retail Risk Operations and monitor operational risk metrics to identify potential control weaknesses.
Identify and monitor Key Performance Indicators (KPIs) to support strategy testing and daily operations.

People & Talent:

Lead by example and foster the appropriate culture and values within the team.
Set expectations and work collaboratively with risk and control partners.
Ensure continuous training and development of team members and that critical function holders possess the necessary skills and qualifications, with effective supervision in place to mitigate risks.
Attract, engage, and retain high-quality talent, with succession planning for critical roles.
Review team structure and capacity plans.
Monitor job descriptions and objectives for direct reports, providing feedback and rewards in alignment with their performance against responsibilities and objectives.

Risk Management:

Identify and share industry best practices and collaborate with businesses for their feasibility and implementation.
Monitor application quality and provide timely input to in-country stakeholders to optimize the risk and reward relationship.
Ensure all Credit Initiation policies and procedures align with Group Policies and Standards and maintain proper and updated documentation for in-country policies and procedures.

Governance:

Ensure compliance with the highest standards of regulatory and business conduct and adhere to compliance practices defined by internal and external requirements.
Promote the Group’s values and code of conduct within Credit Initiation to instill adherence to ethical standards and compliance with relevant policies, processes, and regulations among employees.
Be accountable for the satisfactory closure of issues/gaps identified in Internal Audits, peer reviews, and regulatory reviews.

Regulatory & Business Conduct:

Exhibit exemplary conduct and uphold 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.
Lead efforts to achieve the outcomes outlined in the Bank’s Conduct Principles.
Collaborate effectively to identify, escalate, mitigate, and resolve risk, conduct, and compliance matters.