Manager, Credit Initiation

Job Summary • Evaluate and recommend/approve new applications, increase in limits and annual reviews for approval submitted through various channels i.e. Branches, dedicated and direct sales channels for retail banking and/or business banking products • Work with various stakeholders including Product, Policy, Sales and Operations closely • Participate in system enhancement and changes and perform testing and verification • Participate in process change discussions and implementations • Ensure that the department’s Service Quality and Key Control Standards are complied with. • Ad hoc reporting and other duties assigned from time to time. • Engage in regular discussions to drive operational efficiency and knowledge sharing. • Proactive and independent assessment of applications and fraud awareness • Effective management of work and ensuring performance within expected turnaround time • Embed the Group’s values and code of conduct • Good understanding of the role requirements and ensure that these are well understood reflected in internal procedures. • Identifying and escalation of all exceptions on non-compliance with standard controls Key Responsibilities Business • Work with stakeholders including Product, Policy, Sales and Operations closely. Participate in system enhancement and changes and perform testing and verification Processes • Evaluate and recommend/approve new applications, increase in limits and annual reviews for approval submitted through various channels i.e. Branches, dedicated and direct sales channels for retail banking and/or business banking products. Risk Management • Ensure no quality issues and regulatory issues Timely escalation of exceptions on non-compliance with standard controls Governance • Embed the Group’s values and code of conduct Good understanding of the role requirements and ensure that these are well understood reflected in internal procedures. Regulatory & Business Conduct • Display exemplary conduct and live by 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. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders • Product • Policy • Sales • Operations Other Responsibilities • Embed Here for good and Group’s brand and values in Singapore Ops WRB. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); Our Ideal Candidate • 3+ years of relevant working experience in Banking domain • Ensuring accuracy on credit checks, understanding of MAS 632 & 645 policies • Financial Analysis - Reviewing income, debt to income ratio and credit worthiness etc • Risk Assessment - Identifying and mitigating risks in Mortgage Lending • Understanding of regulatory guidelines related to Mortgage underwriting • Understanding underwriting guidelines and policy rules • Understanding of product features of Mortgage Role Specific Technical Competencies • Understanding of guidelines related to Mortgage Lending underwriting • Understanding underwriting guidelines and policy rules • Understanding of product features of Mortgage Lending 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 …