Standard Chartered · 1 month ago
Executive Director - Credit & Portfolio Management
New York, United States
Full-time
Onsite
Director/Executive
$214K/yr - $348K/yr
20+ years expStandard Chartered is an international bank committed to making a positive difference for clients and communities. The Executive Director for Credit & Portfolio Management will assist in implementing strategies for managing stressed exposures across the Europe & Americas region, ensuring risk ownership and optimizing the portfolio while adhering to compliance standards.
BankingFinanceFinancial Services
Responsibilities
Responsible for developing clear milestones against which the progress of the Stressed Asset Group’s strategy implementation can be measured for Europe & Americas region. Responsible for the Stressed Asset Group execution tracker to monitor such progress for regional portfolio
Challenge and support impairment forecasts developed by First Line based upon a balanced judgement on the external environment
Develop skill set of the team specially in areas of Structured Finance, Project Finance, Leverage Finance and CR
Help drive financial performance against targets including meeting long term economic risk return (RoRWA/ RoTE) goals and RWA targets for CIB
Help improve efficiency, speed, and productivity of capital for stressed asset portfolio and for broader CIB balance sheet
Stressed Asset Group to work towards early action and improved analytics by providing likely credit migration scenarios and assist exposure management within good book itself before an exposure is downgraded to stressed category
Work with RM teams in determining appropriate credit risk grade and provisioning on all stressed assets in the designated region
Work with frontline teams, broader SAG, SAR and Credit Risk in the designated region to adhere to the tenets of latest CG 12 and CG 13/ 14 Roles & Responsibility documents, and to latest Problem Accounts Management Standards
Ensure that material impairments and related issues are reported to Regional Head CPM, and Head, SAG and to relevant country/ regional risk governance committees
Work with frontline teams to ensure that the Group's risk arising from litigation, environmental claims, regulatory censure or potential reputational loss in regard to stressed assets portfolio are minimised
Provide feedback to frontline teams regarding improvements in credit origination, documentation or early problem recognition
Drive continuous improvement of the operational efficiency and effectiveness of the process to increase the consistency of global systems and processes
Evaluate current data availability and integrity issues and adapt the Stressed Asset Group mandate for governance and resolution
Establish strategic objectives and related performance measurement including that for break even RoTE for proposed mitigation actions, and for overall cover ratio for stressed asset portfolio keeping in view accounting value vs. economic value
Promote alignment of global priorities (product / function) with local balance sheet realities (regions/countries) while undertaking mitigation action on the stressed asset portfolio; raising awareness and understanding through pro-active, insightful engagement
Work with the team to support & manage where applicable CPM processes allocated to the CEO, CIB by the Group process universe in line with the ORF and their associated risks, including activities within the processes which are hubbed or outsourced
Execute the implementation of policies & control standards set by risk control owners and policy owners where appropriate. Ensuring compliance and operating within risk tolerance and risk appetite. Contribute to the adequacy and effectiveness of the systems, controls and procedures relating to Stressed Asset Group and CPM at large, that they are regularly and independently tested, assessed and improved in a timely manner
Ensure there is a framework for effective management of operational risks within Stressed Asset Group and compliance with applicable internal policies, and external laws and regulations
Ensure there are appropriate frameworks in place so that the Stressed Asset Group business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed in conjunction with direct reports and other stakeholders
Ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines
Ensure any audit and compliance issues relating to the Stressed Asset Group business are resolved in a timely manner
Ensure that Risk Management matters that are brought to the job-holder’s attention are subject to direct remedial action and/or escalated, where appropriate to relevant risk committees
Lead by example and build the appropriate culture and values. Set appropriate tone and expectations for Stressed Asset Group business and work in collaboration with risk and control partners
Provide effective leadership to the business, communicate the vision and build commitment and energy to focus on key priorities
Ensure that all staff have clear objectives which drive the right behaviours. Maintain Individual Accountability throughout Stressed Asset Group by having standard and mandatory objectives aligned to the Scorecard and include them in employee performance reviews, of which they are measured and rewarded
Qualification
Required
Graduate qualifications (or conversions): Post-Graduate qualifications such as MBA, CFA, Chartered Accountancy, Mathematics/ Statistics, Qualified Lawyer
Over 20 years of relevant experience in the banking and financial services industry with hands on experience of underwriting, managing, and recovering credit exposures across both developing and developed jurisdictions
Extensive Knowledge and experience in executing / work out of Structured Finance, Project Finance, Leverage Finance and CRE
Extensive knowledge of fundamental drivers of credit risk, documentary and legal risks, portfolio, and balance sheet management; including market and regulatory dynamics
Extensive experience in structuring credit risk products, restructuring of credit exposures, asset distribution, and exposure to credit derivatives and asset securitisation
Benefits
Best in class 401k plan with up to 8% employer match
Robust medical plan coverage with employer funded Health Savings Accounts
Inclusive family building benefits
Flexible/hybrid working arrangements
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.
Company
Standard Chartered
We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets.
10001+ employees
H1B Sponsorship
Standard Chartered has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (34)
2023 (25)
2022 (29)
2021 (28)
2020 (46)
Funding
Current Stage
Public CompanyTotal Funding
$1.23B2026-01-08Post Ipo Debt· $1.17B
2023-07-14Acquired
2018-10-01Post Ipo Debt· $43.5M
Leadership Team
Dalu Ajene
Chief Executive Officer
Jean Lu
CEO China and Executive Vice Chair of the China Board
Recent News
Crowdfund Insider
2026-01-22
2026-01-22
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