Job Summary
The Country Credit Head (CCH), UAE for the Wealth and Retail Banking (WRB) segment at Standard Chartered Bank is responsible for managing Credit Risk for the United Arab Emirate (UAE) WRB portfolio while supporting business strategy to establish UAE market as an affluent wealth hub. This is also a key role to manage and oversee Wealth Lending Risk in Europe, Middle East and Africa (EMEA) region, leveraging on the strategic location that UAE will play as affluent wealth hub in the region.
Key Responsibilities
Strategy

• Inform the development of business plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment
• Contribute to the development of performance management and remuneration processes, in order to encourage the development of an appropriate risk culture and discipline

Business

• Communicate the strategic intent and collective agenda for the Function
• Maintain and develop risk capabilities and skills to meet ongoing business needs and plans

Processes

• Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
• Continuously improve the operational efficiency and effectiveness of risk management processes

People & Talent

• Employ, engage and retain high quality people
• Define an organisation structure aligned and scaled to the risk control needs of the Function, balancing Group & local requirements as necessary
• 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 Function from those whose primary responsibility is to maximise short-term revenues and profits
• Ensure the provision of ongoing training and development of the Function's people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles
• Lead through example and build the appropriate culture and values within the Function and across the wider organisation

Risk Management

• Assess the credit risk profile of the Retail Clients business and maintain alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors - Initiate, at least annually and with guidance from Group specialists, a stress test and scenario programme, review the results and assess their implications
• Initiate stress tests as required by internal and external factor and review results and assess their implications
• Ensure that effective management response plans are in place to respond to extreme but plausible scenarios
• Uphold the integrity of risk/return decisions, by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite
• Direct appropriate response to material events or other risk issues that come to the role holder's attention
• Ensure risk identification, measurement and modelling capabilities are objective, consistent and compliant with applicable regulations
• Ensure that material risk exposures and related issues are reported to the responsible governance committees
• Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder, taking account of concentration risk across sectors, geographies and markets where applicable. Assign risk authorities to suitable named individuals in line with their skills and judgement
• Design, maintain and effectively communicate risk control parameters across the Retail Clients business, including policies, control standards, risk exposure limits and other control levers to maintain the business's risk profile in line with the Group's risk appetite.
• Maintain a good understanding of the requirements of key external stakeholders in respect of credit risk management and ensure these are well understood internally and reflected in internal procedures
• Obtain assurance regarding the effectiveness of credit controls and compliance with applicable laws & regulations.
• Provide 2nd Line of Defence oversight to the Collections processes, including monitoring of the Collection KPIs, capacity plans and delinquency and loss targets vs. achievement.

Qualifications
Ideal candidate would have a Masters Degree
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.

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