Associate Director, Wealth Lending Risk - WRB CRM CoE

Role Overview: You will have the primary responsibility for assigning standard Loan to Values (LTV) across all WRB wealth products, such as bonds, equities, structured products, managed investments, and derivatives. Additionally, you will be assigning non-standard LTVs after suitable risk assessment and providing input to country Wealth Lending risk teams for assignment of client-specific LTVs. It is crucial to actively monitor the Wealth Lending portfolio performance across segments and booking locations and propose actions to relevant stakeholders and committees as necessary. You will assess and opine on complex structured Wealth lending transactions in Retail and Private Banking segments. Your role will also involve appraising and contributing to the development of CMPS business/product review through active participation in relevant proceedings. Key Responsibilities: - Ensure oversight over processes in place in WML to maintain adherence to the LTV policy - Continuously improve the operational efficiency and effectiveness of risk management processes - Uphold and reinforce the independence of the Risk function from those whose primary responsibility is to maximize short-term revenues and profits - Coach and mentor team members - Conduct training sessions for Relationship Managers related to LTV methodology, systems, and processes - Assist the Head, CRM Wealth Lending Risk & PMG, WRB in implementing the overall Risk Management Framework for Wealth Management - Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures Qualifications: - University Graduate - 10+ years of substantial experience in the financial services industry with an understanding of the dynamics of financial markets across asset classes, price movements, and volatility assessment - Direct experience in Private Banking credit risk management / Lombard lending LTV assignment considered a strong advantage - Strong understanding of credit-related processes and operational risk management - Strong interpersonal skills and ability to work successfully with multicultural teams in diverse locations - Analytical mindset and ability to work independently - CFA/FRM certification will be considered an advantage Additional Details of the Company: Standard Chartered is an international bank that is nimble enough to act and big enough to make an impact. With a history of over 170 years, the bank has worked to make a positive difference for its clients, communities, and employees. The company values diversity, challenges the status quo, and strives to grow and do better. Standard Chartered is committed to driving commerce and prosperity through its unique diversity and aims to be a force for good. By working with Standard Chartered, you will be part of an inclusive and values-driven organization that values differences and advocates for inclusion. If you are looking for a purpose-driven career and want to work for a bank that is making a difference, Standard Chartered welcomes your unique talents and contributions. Role Overview: You will have the primary responsibility for assigning standard Loan to Values (LTV) across all WRB wealth products, such as bonds, equities, structured products, managed investments, and derivatives. Additionally, you will be assigning non-standard LTVs after suitable risk assessment and providing input to country Wealth Lending risk teams for assignment of client-specific LTVs. It is crucial to actively monitor the Wealth Lending portfolio performance across segments and booking locations and propose actions to relevant stakeholders and committees as necessary. You will assess and opine on complex structured Wealth lending transactions in Retail and Private Banking segments. Your role will also involve appraising and contributing to the development of CMPS business/product review through active participation in relevant proceedings. Key Responsibilities: - Ensure oversight over processes in place in WML to maintain adherence to the LTV policy - Continuously improve the operational efficiency and effectiveness of risk management processes - Uphold and reinforce the independence of the Risk function from those whose primary responsibility is to maximize short-term revenues and profits - Coach and mentor team members - Conduct training sessions for Relationship Managers related to LTV methodology, systems, and processes - Assist the Head, CRM Wealth Lending Risk & PMG, WRB in implementing the overall Risk Management Framework for Wealth Management - Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures Qualifications: - University Graduate - 10+ years of substantial experience in the financial services industry with an understanding of the dynamics of