Job Summary

Trust is backed by a unique partnership between Standard Chartered, one of the world's most trusted banks with more than 160 years of experience in Singapore, and FairPrice Group, the nation’s leading grocery retailer for almost 50 years.
We were born in the cloud and use the best and latest technology to deliver a world-class customer experience and cutting-edge security.

As a Credit Risk Specialist you'd be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high-quality products for our customers.  

Job Description 
To design and build Credit risk management solutions and strategies for entire customer lifecycle, i.e., Originations, Portfolio Management and Collections, for Retail Assets, leveraging data and analytics outcomes.

Key Responsibilities

•    Analyse diverse data required to develop risk strategies for the Bank
•    Undertake credit and fraud risk strategy design and development on lending propositions, with focus on high quality, delivery within agreed timelines and alignment with approved credit policy
•    Design, develop and implement data-driven risk strategies (income estimation, cut-off setting, indebtedness checks, loan amount assignment, risk-based-pricing) for lending products using traditional, and non-traditional data 
•    Decipher and incorporate local regulatory requirement related to unsecured lending in the credit risk strategy
•    Ensure new origination, portfolio and collections performance meets defined key performance indicators and within the defined risk appetite and ensure consistent application and enforcement of risk policies
•    Ensure that risk strategies are accurately tested and continually benchmarked with the help of advanced data analytics
•    Work independently with various stakeholders such as Product, Technology, Data Engineering, Analytics, etc. to align with business goals
•    Lead the effort on documentation and adhering to risk approval process related to risk strategy design and development.

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Skills and Experience

•    7 years of relevant experience. Proficent in coding. e.g. SQL, Python, R etc.
•    Experience in strategy development, customer segmentation and / or credit policy
•    In depth understanding of local regulation related to unsecured lending.
•    Strong analytical ability, with technical competency to deliver industry standard outputs
•    Sound knowledge of Credit Risk is desired with ability to perform related data analysis
•    Strong interpersonal skills with the ability to engage and influence multiple stakeholder and drive decisions
•    Strong Communication (written and oral) and presentation skills.
•    Self-starter, motivated

Role Specific Technical Competencies

•    Retail Lending Product/Business Knowledge
•    Full-cycle Credit Risk Management Principles
•    Data Manipulation and Credit Risk Metrics
•    Data-driven Strategy Formulation and Analytics
•    Local Regulations governing Retail Lending and Credit Risk 

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.