Senior Credit Officer, Bangladesh

Job Summary

Standard Chartered is seeking a Senior Credit Officer based in Dhaka, Bangladesh, to act as the second line Risk Control Owner for credit risk and related prudential regulations.

The role is responsible for establishing the risk-type framework, setting risk tolerances and appetites, and maintaining policies and control standards to effectively mitigate credit risk.

The Senior Credit Officer will operate within delegated authorities to make timely and informed risk decisions, uphold regulatory compliance, and ensure the design and operational effectiveness of risk controls.

The position will have accountability for final credit decisions on wholesale lending portfolios, collaborating closely with business units to ensure accurate credit applications and robust credit risk measurement.

Strategic Planning

• Contribute to the formulation of business plans by providing accurate cost and impairment forecasts alongside comprehensive analysis of external macroeconomic and regulatory landscapes.
• Assist in shaping medium to long-term credit risk strategy aligned with the bank’s overall objectives and risk appetite.

Business Leadership

• Communicate a clear and compelling strategic direction for the credit risk function across relevant stakeholders.
• Develop and enhance the function’s risk management capabilities and skillsets to respond to emerging challenges and evolving business needs.

Process Oversight

• Supervise and optimize all processes owned by the credit risk function, ensuring alignment with internal standards and external regulatory requirements.
• Implement robust operational risk controls within the function to safeguard against potential lapses.
• Ensure continuous compliance with applicable policies, laws, and prudential standards.
• Drive ongoing improvements in operational effectiveness and efficiency across risk management practices through technology and best practices.

People and Talent Management

• Identify, attract, and nurture high-potential talent in credit risk across International Corporates, Local Corporates, and Global Subsidiaries.
• Define clear job roles, set measurable objectives, and provide structured feedback and development opportunities.
• Champion the independence of the risk function by prioritizing prudent risk-taking over short-term profits.
• Embed a culture of integrity, accountability, and shared values within the team and broader organisation.

Risk Management Responsibilities

• Ensure the quality of Business Credit Applications (BCAs) meets Group standards, particularly regarding completeness and depth of risk analysis.
• Approve breaches of Local Portfolio Standards within permitted Credit Policy authority.
• Formulate and obtain approval for Portfolio Standards supportive of business strategy from a credit risk perspective.
• Ensure Risk Committee meetings are conducted regularly to review credit-related issues in compliance with Group Policy.
• Ensure timely submission and accuracy of credit portfolio data for International Corporates, Local Corporates, and Global Subsidiaries, Bangladesh.
• Monitor compliance with credit policy and Portfolio Standards regularly and review deviations with relevant stakeholders.
• Ensure compliance with the Operational Risk framework including risk toolkit, self-assessments, KRIs, KCSs, and reporting.
• Initiate stress tests based on internal and external factors and review implications.
• Uphold integrity of risk-return decisions by challenging business teams.
• Direct appropriate responses to material events and risk issues.
• Exercise risk control responsibility for Credit Risk, CCIB.

Additional Risk & Governance Responsibilities

• Ensure material risk exposures and related issues are reported to responsible governance committees.
• Apply appropriate judgement while exercising assigned risk authorities.
• Maintain understanding of external stakeholder requirements related to risk management.
• Maintain delegated authorities in line with internal policies and individual capabilities.
• Participate actively in key committees through standing membership.
• Ensure first-line process owners understand and accept their risk management responsibilities.
• Maintain open and cooperative relationships with regulators where applicable.
• Coordinate local resources to ensure credit systems are implemented according to Group standards.
• Provide reference support for credit system issues and enhancements.
• Ensure new users receive proper training on credit systems.
• Increase working profits through effective management of loan asset portfolios while minimizing provisions.
• Maximize Economic Revenue through effective management of risk-reward relationships.
• Maintain credit quality and professionalism standards within the risk function.
• Ensure effective implementation of Group Policies, Circulars, and Procedures.
• Actively participate in monthly Regional Credit Issues Forum (RCIF).
• Undertake regular customer visits to understand business environments.

Skills & Experience

• Risk Management – Credit Risk
• Risk Management – Operational Risk

Qualifications

• Minimum bachelor’s degree in Accounting, Finance, or other relevant areas.
• Minimum 10 years of senior-level banking experience in corporate and institutional banking.
• Business experience including senior-level front office exposure to assess risk and appropriate levels of return.
• Strong leadership qualities, excellent interpersonal skills, and multicultural awareness.
• Demonstrated track record in successful risk management across geographically dispersed and varied product portfolios.
• Expertise in process design and control.
• Corporate Credit Risk Management Certification (CCRMC) and relevant risk and compliance training applicable to credit officers.
• Strong written and spoken communication skills in English and Bangla.