Risk Manager, Wealth Management Products Risk Manager, Wealth Management Products …

Standard Chartered Bank Malaysia Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Standard Chartered Bank Malaysia Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Risk Manager, Wealth Management Products
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

Job Purpose
  • Ensure compliance with the Bank's Wealth Management lending credit policies and guideline.
  • Regular monitoring and management of WM lending portfolio.
  • Support Credit Initiation, Product and Process team on all WM related matters.

The Role Responsibilities

Wealth Management Lending Risk and Policy, Portfolio Monitoring and Management
  • Identify, develop, review and implement Credit policies and guideline.
  • Ensure compliance with the Bank's credit policies and guideline.
  • Perform periodic WM lending account monitoring to identify accounts that are in shortfalls and/or excess positions. This entails a thorough review of the portfolio to ensure accuracy in identification.
  • Liaise with relevant stakeholders within the Bank to ensure required actions are all executed on a timely basis to remedy the accounts identified in shortfall/excess positions.
  • Review and reporting of client concentration risk. This needs to be performed timely and with the expected rigor to ensure no over concentration on any collateral for the portfolio.
  • Perform stress testing on the WM lending portfolio to identify key risk and determine as well as execute required actions in mitigation.
  • Review and provide assistance on redemption/ cancellation/ settlement of accounts.
  • Support and complete ORF related requirements on a timely basis.
  • Ensure accurate and timely maintenance of LTV in the system.
  • Manage the account renewal process for all WM exposures. This needs to be done timely with issue accounts taken up with the respective Relationship Managers for resolution before due dates.
  • Assist Group Policy and Portfolio Management Group in all WM related queries and requirements.
  • Collaborate with the WM Product and Process teams to ensure growth strategies are evaluated and implemented responsibly.

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages .