Asst Manager, CRC Management at Standard Chartered Bank

Job description

To process and facilitate the perfection and securing documentation independent from the sales process to the Business Segments in Corporate & Institutional Banking(CIB), Financial Markets (FM), Credit Risk and Group Special Assets Management (GSAM)

• Origination support activities - covering issuance of Banking Facility Letters, Perfection of Securing Documentation, Collateral management and Risk Control/Monitoring.
• Accurate processing and update of date in Collateral Management System (CMS).
• Undertake the role of co-custodian of the vault.
• Provide feedback on process improvement and efficiency gains.
• Deliver on Service Level Agreements.

Key Roles and Responsibilities

• Process all documentation support activities, accurately and efficiently, ensuring enforceability or claims, collateral and any undertaking of the customers as stipulated in all contractual documentation.
• To issue and initial Banking Facility Letters (BFL) including all security documentation required under the Business Credit Application (BCA)
• To check and verify all credit related documentation and jointly issue the Securing Compliance Certificate (SCC) or Partial SCC or Document Deferral Waiver (DDW) in a timely manner within Service Level Agreement.
• To undertake documentation review on Early Alert Accounts (EAR) in a timely manner. (Within 5 days notification period).
• To co-sign with Credit Documentation Manager for Lodgment and Withdrawal of securing documentation.
• To process and ensure that all data is accurately and timely updated in CMS
• To provide on the job training to peers and new joiners and to raise overall competency, motivation and efficiency of the unit.
• To comply and deliver on SLA, leveraging on CMS reports and ensuring at all times that issues are promptly escalated and resolved
• To ensure compliance to Risk Policies/Procedures, External Policies, AML Laws and Regulatory and Statutory requirements.
• To closely monitor and follow up all documentation deficiencies in order to minimize the duration of pending issuance of SCCs
• To instruct and liaise with the Bank's solicitors in respect of non-standard documentation.
• To control securing documents is temporary lodged in proper manner.
• To ensure CDD requirement is completed prior to issuing of SCC
• To maintain the necessary records related to local regulatory requirements
• To action the LCA in a timely manner

Qualifications and Skills

• 2- 4 years Banking Experince
• Related Qualification

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.