Vacancy for CA in standard Chartered Bank

	Job Description Job Title: Manager - Credit Initiation (Band 6/7 - Mumbai) Job ID: 334891 Job Function: Risk Location: India - SCB Full/Part Time: Full time Regular/Temporary: Permanent
		Why Standard Chartered?
	70,000 reasons why we are a different kind of bank Standard Chartered, the world's best international bank, leading the way in Asia, Africa and the Middle East
	Job Description
	Delivering Superior Business performance: • Ensuring that customer applications are decisoned within agreed timelines with adherence to credit policy requirements thereby minimizing credit losses. • Enable create synergy between various functions for optimal business performance and growth through effective monitoring and control of secured and unsecured portfolio. • Ensuring and improving the productivity metrics of Credit Initiation and deliver improved performance. • Drive cross functional interaction in respective locations to share business knowledge, strategies and risk items. • Ensure effective monitoring systems are in place to identify exceptions and breaches. Any such occurrence should be promptly highlighted to line manager.  • Ensure various CI expenses are monitored and controlled in line with the cost control strategy. Continuously improve the way we work: • Support in implementation of all strategic initiatives in the area of operational excellence by credit initiation as per plan and timelines. • Maintain portfolio quality by ensuring underwriting standards related to credit initiation process, policy compliance and CDD/AML compliance are met. Any instances of suspicious transaction must promptly be reported to line manager / supervising authority. • Monitor, follow up and control the deferral documents inventory within targeted benchmarks. • Adhere to all the Vendor Management practices for each of the locations handled. • Ensure compliance with the group code of conduct during all customer interaction • Ask for regular reviews, feedbacks to identify areas of improvement and necessary training, take part / nominate self for training with the help of line manager and display willingness to learn. • Conduct regular training to enhance the process, policy and product knowledge of team. • Display good leadership and people management qualities for the credit initiation team. • Ensure measures to improve the work life balance and working environment for credit initiation team
	Key Roles & Responsibilities
	Strengthen relationship with regulators and communities • Embedding principles of the Operational Risk Management and Assurance frame work to raise the bar on control & compliance. • To ensure that OR toolkits like KCSAs, KRIs etc are updated regularly and submission timelines are met. • To ensure adherence to BSCBI code, as laid out by the bank. • Green / Green clearance with good audit ratings in all internal/external audits, Group Audits, BRR, CORAM, PPI review, market audit, peer review, concurrent audit and other audits. • Drive and participate in Risk sponsored community participation and volunteer programs Reinforce the brand • Embed the brand promise and values more deeply within the bank and enhance external awareness of the brand • Provide support to the service team in handling customer queries/complaints. • To give continuous documented feedback to the Head CI on market conditions, prevalent practises to policy, products and collections, competition feedback in terms of business, products and process.
	Qualifications & Skills
	Chartered Accountant / MBA Finance with minimum 5 years of Underwriting experience of Secured/ Unsecured Products.
	How To Apply
	As part of our commitment to career development, you can search and view opportunities across the organisation and apply immediately for suitable opportunities.  When applying, please note the following: - Please complete your application form online by clicking the 'Apply' button - Some roles may require you to undertake an online assessment in addition to completing the application form - You do not have to advise your current manager when submitting an application, however, you must do so if invited to an interview with the hiring manager - Your application will be considered together with candidates in the succession plan, talent development plan and external candidates - Additional screening checks may be required for 'Sensitive Roles' - this is in line with the Bank's Pre-Employment and Pre-Engagement Verification Policy (further information is available from HR)
	Closing Dates
	The closing date for applications is 08/06/2012.  Please note all closing dates are given in Hong Kong time (GMT + 8 hours).  We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
	Diversity & Inclusion
	Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.
	Equal Opportunity Employer
	Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued  and respected for who they are as a person and for what they bring to the organisation.					Click here to apply