Assistant Manager, Credit Initiation

Standard Chartered Bank; Selangor; On-site; MYR 60,000 - 120,000; Full time

Job summary

Standard Chartered Bank's Global Business Services in Malaysia is seeking a Risk Operations professional to help shape the OPS CPBB risk strategy. The role involves evaluating and approving credit applications, limits, and reviews with careful attention to policy, compliance, and timeliness.

You will work with product, marketing, sales, IS and Credit Operations to implement new programs, uphold service quality, monitor fraud indicators, and maintain confidentiality of staff loan data as part of

Qualifications

• Experience in underwriting and risk assessment for credit applications.
• Familiarity with AML/KYC policies and regulatory requirements.
• Ability to evaluate and approve credit requests with timely, accurate judgement.

Responsibilities

• Evaluate and approve new applications and credit limit increases.
• Collaborate with product, marketing, IS and Credit Operations on new programs.
• Ensure compliance with service standards and control requirements.
• Provide feedback to guidelines based on market trends and risk insights.
• Support fraud detection and reporting and protect data confidentiality.

Skills

Risk assessment

Underwriting

KYC compliance

Fraud detection

Regulatory awareness

Data confidentiality

Job description

• Provide inputs in shaping the OPS CPBB - Risk Operations strategic direction.
• To increase the Retail Banking Products base with calculated credit risk by prudently evaluating and approving such applications in a timely and accurate manner, within the policies as established by the regulatory bodies and internal guidelines.

Business

• Evaluate and approve new applications/increase in limits/annual reviews/facility conversions and other common requests submitted through various channels i.e. Branches, dedicated and direct sales channels.
• Working with product/marketing/sales/IS/Credit Operations on new programs/products/systems to ensure smooth implementation.
• Ensure that the department’s Service Quality and Key Control Standards are complied with.
• To be keenly aware of current economic environment, market trends and relevant intelligence to assist risk management by providing feedback in the formalizing of internal guidelines.
• To rigorously maintain the quality of underwriting and undertake fraud detection and reporting.
• Support viable system implementation to minimize credit risk and fraud applications.
• Ensure compliance with the Group’s standards and regulatory requirements pertaining to Money Laundering and KYC.
• Participate in and/or support the Bank’s effort in combating money‑laundering activities.
• Exercise due care and diligence on matters related to Money Laundering and KYC in the day‑to‑day operations including account reviews, reporting suspicions, implementing new requirements, updating and revising operating procedures, acquire relevant knowledge and training, provide support to superior and subordinates.
• Staff Loan Data Confidentiality – Ensure information on staff loans are kept confidential. Pay records of employees must not be disclosed to any other person and should be kept confidential at all times during and after your employment in the Bank.

Unlock job insights

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Standard Chartered Global Business Services forms a critical component, enabling superior customer service by leveraging on scale and efficiency. The centre has evolved from being a cost‑effective venture for Standard Chartered Bank to becoming an integral part of its operations and one of its Centres of Excellence.

Established in 2001, it now provides a multitude of services to Standard Chartered Bank which has a 150‑year history in some of the world’s most dynamic markets. The centre provides dedicated world‑class technology, software and system development, information technology support services, banking operations and customer care capabilities to businesses globally.

It now houses one of the largest software development centres in Malaysia as well as the Bank’s Collective Intelligence and Command Centre, a state‑of‑the‑art facility which provides situational awareness and response capability to Standard Chartered Bank and its subsidiaries using the latest technologies for monitoring and analytics. It has a total workforce of more than 4,300 employees.

Standard Chartered Global Business Services was conferred the ICT Organisation of The Year Award in 2011 by The National ICT Association of Malaysia, making it the first Global Shared Services Centre of an international bank in Malaysia to win the prestigious award. In 2014, Standard Chartered Global Business Services was awarded the Silver Award for the Employer of Choice category in the Malaysia HR Awards organised by the Malaysian Institute of Human Resource Management.

Standard Chartered Bank’s two other global shared services centres are based in India and China.

Follow Standard Chartered Global Business Services on www.facebook.com/scgbs

Standard Chartered Global Business Services forms a critical component, enabling superior customer service by leveraging on scale and efficiency. The centre has evolved from being a cost‑effective venture for Standard Chartered Bank to becoming an integral part of its operations and one of its Centres of Excellence.

Established in 2001, it now provides a multitude of services to Standard Chartered Bank which has a 150‑year history in some of the world’s most dynamic markets. The centre provides dedicated world‑class technology, software and system development, information technology support services, banking operations and customer care capabilities to businesses globally.

It now houses one of the largest software development centres in Malaysia as well as the Bank’s Collective Intelligence and Command Centre, a state‑of‑the‑art facility which provides situational awareness and response capability to Standard Chartered Bank and its subsidiaries using the latest technologies for monitoring and analytics. It has a total workforce of more than 4,300 employees.

Standard Chartered Global Business Services was conferred the ICT Organisation of The Year Award in 2011 by The National ICT Association of Malaysia, making it the first Global Shared Services Centre of an international bank in Malaysia to win the prestigious award. In 2014, Standard Chartered Global Business Services was awarded the Silver Award for the Employer of Choice category in the Malaysia HR Awards organised by the Malaysian Institute of Human Resource Management.

Standard Chartered Bank’s two other global shared services centres are based in India and China.

Follow Standard Chartered Global Business Services on www.facebook.com/scgbs