Head Credit Risk Management

Standard Chartered; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading global bank in Kuala Lumpur is seeking a Head of Credit Risk Management. The role requires leading business plan development, fostering a strong risk culture, and ensuring compliance with internal and external regulations. Responsibilities include managing operational risks, engaging high-quality talent, and setting performance targets. The ideal candidate should demonstrate exemplary conduct, uphold the bank's values, and actively participate in regulatory discussions. This position is critical in driving efficient risk management practices.

Responsibilities

• Led the development of business plans with cost and impairment forecasts.
• Develop performance management to foster a risk culture.
• Communicate strategic intent for the Function.
• Manage operational risks and ensure compliance with policies.
• Improve efficiency of risk management processes.
• Engage and retain high-quality talent.
• Define organization structure according to risk control needs.
• Set job descriptions and targets for team members.
• Provide ongoing training and development for staff.
• Lead by example to build appropriate culture and values.
• Participate in key committees.
• Ensure understanding of credit risk responsibilities.
• Maintain relationships with regulators.
• Uphold ethics and compliance standards.

Job description

Head Credit Risk Management, WRB Malaysia

Responsibilities

• Led the development of business plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment
• Contribute to the development of performance management, in order to encourage the development of an appropriate risk culture and discipline
• Communicate the strategic intent and collective agenda for the Function
• Maintain and develop risk capabilities and skills to meet ongoing business needs and plans
• Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
• Continuously improve the operational efficiency and effectiveness of risk management processes
• Employ, engage and retain high quality people
• Define an organisation structure aligned and scaled to the risk control needs of the Function, balancing Group & local requirements as necessary
• Set and monitor job descriptions and targets for direct reports and provide feedback and rewards in line with their performance against those responsibilities and goals
• Uphold and reinforce the resourcefulness of the Function from those whose primary responsibility is to maximise short-term revenues and profits
• Ensure the provision of ongoing training and development of the Function's people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles
• Lead through example and build the appropriate culture and values within the Function and across the wider organisation
• Actively participate in key committees through standing membership
• Ensure business and product heads understand and accept their credit risk management responsibilities
• Maintain an open and cooperative relationship in dealings with regulators
• 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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.