Job: Retail Banking
Primary Location: Asia-India-Mumbai
Schedule: Full-time
Employee Status: Permanent
JOB SUMMARY
Job Purpose:
This role is within Business Banking for Dip tester of new / existing cases sourced by the Relationship / Portfolio Managers
ECDD compliance with in bank norms
Account activation with coordination with various department
Legal and search report from bank empanelled vendor, for the collaterals offered as security for the loan
Valauation report from bank empanelled vendor, for the collaterals offered as security for the loan
Resolution of ECDD queries, if any
Ensuring disbursal documentation compliance.
Work in close co-ordination with people in operations at team CRC/ SME Ops to ensure disbursal of the cases in time.
Ensuring timely compliance of Asat for valuations and ECDD approvals of Business banking loans and documentary compliance
Day-to-day monitoring of MIS and control of the relationships i.e. accesses, deferrals, past dues overdue reviews etc.
RESPONSIBILITIES
ECDD activation and account opening as per bank guidelines
Vendor management for timely legal/ valuation reports.
Portfolio management support for coordinating with CRC/SME ops
Astar compliance as per guidlines
100% commitment to code of conduct
Timely completion of mandatory e-learning’s
Strategy
This role is ensuring approval/decision on ECDD of new customers within frame work from SCB and coordinating with vendors for legal/ valuation reports for the collaterals offered as security for the loan.
Business
Work in close co-ordination with people in operations at team CDD team/ vendors to ensure timely submission of Legal/Valuation & ECDD approvals.
Analysing customers Balance Sheets periodically and putting up cases for renewal and ensuring that renewals are correctly prepared in accordance to group standards
Processes
Ensuring timely opening of accounts and compliance of ECDD proceedures
Day-to-day monitoring of MIS and control of the Vendor management (Valuation/ Legal)
People & Talent
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
Risk Management
Ecdd compliance & Vendor management.
Full adherence to Credit Admin Framework and all related aspects.
Adopt Early Warning System to strengthen risk monitoring
Assist with co-management of stressed accounts with Collection to reduce impairments and strengthen recovery effort
Governance
Responsible for assessing the effectiveness of the group ‘s arrangements to deliver effective governance, oversight and controls in the business and if necessary, oversee change in the areas.
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 to achieve the outcomes set out in the Bank’s Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
BB RMS – Agri & BWC
Central Team – Agri & BWC
CI Team
External vendors
CRC/Ops
ECDD
Other Responsibilities
Embed Here for good and group’s brand and values in India – Business banking team
Perform other responsibilities assigned under group , country, Business or functional policies and procedures.
Multiple functions (double hats)
Our Ideal Candidate
Graduate plus
Role Specific Technical Competencies
Computer proficiency
About Standard Chartered
We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.