Senior Manager, Group Special Assets Management

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 Responsibilities & Our Ideal CandidateStrategy

• To take responsibility and accountability for the management of all Problem Accounts and other accounts specifically assigned to GSAM.
• To ensure that risks are properly identified and assessed, account objectives are agreed and that strategies and action plans are formulated and implemented so as to minimize risks, prevent losses, maximize recoveries and restore profits through rehabilitation, workout, direct recovery actions and legal processes.

Business

• To manage designated Problem Accounts and other accounts specifically assigned to GSAM.
• To directly represent and negotiate to protect the Group s interest in complex group and multi-lender restructuring / recovery actions by using strong influencing skills.
• To manage the potential risk from litigation, regulatory and other claims and to negotiate personally in complex situations.
• To evaluate and make judgements on the credit risks of applications as required, and to assume personal responsibility for particular accounts.
• To deal with external and internal stakeholders and develop robust workable relationships with them.
• To formulate account strategies and action plans.
• To make recommendations about impairment provision on the designated Problem Accounts.
• To be well versed in relevant law & regulations to provide guidance in legal issues.
• To maintain a broad business knowledge and to structure creative solutions.
• To ensure that forecasts on Loan Impairment Provision are accurate and timely.

People and Talent

• To coach Assistant/Account Managers on more complex accounts.
• To direct Assistant/Account Managers to manage problems and other accounts assigned to GSAM.

Risk Management

• To comply with all relevant regulations and internal Risk & Compliance policies and procedures.
• To ensure that the risks arising from litigation, environmental claims, regulatory censure or potential reputational loss in regard to Early Alert Accounts and Problem Accounts are minimized.
• To ensure that lessons learned from bad debt/problem loan experiences are shared on a Group wide basis.
• To ensure compliance with Group and Local policies, procedures and codes, including anti-money laundering.

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.
• Lead the Group Special Assets Management Malaysia team to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Senior Credit Officers / Credit Officers
• Corporate, Commercial and Institutional Banking Head
• Country / Business Finance
• Country Audit
• Country Legal
• Country Compliance
• Group GSAM

Qualification

• Professional Certification or Degree in Accounting and Finance

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 :
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