Associate, Global Subsidiaries

Job Description

*About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.The Role ResponsibilitiesEnsure end-to-end governance across all matters relating to International Booking Desk ( IBD ). Key Responsibilities/Challenges:

• Maintain an effective oversight over the offshore portfolio and to ensure that proper processes and controls are in place to conform with internal as well as external legal and regulatory requirements;
• Maintain and implement directives of the country Asset & Liability Committee, Country Risk Committee/Executive Risk Committee and Country Operational Risk Committee;
• Monitor changes in the portfolio by way of reviewing limits, exposures, and deals in pipeline;
• Address actions required on any outstanding Legal, Compliance, Tax, Operational or reporting issues. This will include Customer Due Diligence ( CDD ) and transfers of facilities from other Offshore Booking Location ( OBL )/IBD centres;
• Review excesses, breaches of process and facilities that are on Early Alert Review ( EAR ) or being managed by Group Special Assets Management ( GSAM ) in the Originating Unit ( OU );
• Review actions and closure of any findings from audits (internal or external) and / or Credit & Control Risk Reviews;
• Ensure follow-up action by OU Relationship Managers ( RM ) and Credit Officers on issues such as past dues, breaches, early alerts, CDDs, etc.

Strategy

• Grow qualified assets with justified return.

Business

• Understand the wider business, economic and market environment in which the Group operates.

Processes

• Ensure smooth and effective communication internally and externally.
• Perform in accordance with Offshore Booking Governance and Roles & Responsibilities

People and Talent

• Capability to develop ID s strategy and have aspiration on budget
• Good collaboration and communication with key stakeholders to capture new pipelines and maintain existing portfolio
• Responsibility to review and update pipelines and account status
• Sound credit sense to evaluate the pipeline with mitigants/justification

Risk Management

• Responsibilities relating to identifying, assessing, monitoring, controlling and mitigating risks to the Group, as well as an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them. For example -The ability to interpret the Group s financial information, identify key issues based on this information and put in place appropriate controls and measures
• All responsibilities under the Risk Management Framework both execution and supervisory.

Governance

• Adhere and comply with internal requirement and the local regulations.

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.
• Achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Adhere and comply with the local regulations
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key Stakeholders

• Local regulators (Financial Supervisory Commission R.O.C. (Taiwan), Central Bank of the Republic of China (Taiwan), The Bankers Association of the Republic of China, and etc.)
• Credit and Portfolio Management
• International Balance Sheet Management
• Deal Team - Global Account Manager ( GAM )/Portfolio Analysis and Management ( PAM ) team Project and Export Finance ( PEF ) team
• Finance
• Legal
• Compliance
• Credit
• Tax
• CPA
• Integrated Middle Office ( IMO )

Other Responsibilities

• Here for good and Group s brand and values in CCIB Taiwan; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

• Corporate Credit Risk Management Certification (CCRMC) to be obtained within one year from on boarding

Apply now to join the Bank for those with big career ambitions. To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.,

Keyskills :
board of directorscredit risk managementrisk management frameworkcredit riskrisk reviewsbalance sheetdue diligenceexport financerisk managementoperational riskfinancial marketsregulatory requirementstax