Senior Credit Officer

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Senior Credit Officer

senior · Risk & Compliance

Role Summary

This role serves as the Second Line Risk Control Owner for Credit Risk, including oversight of associated prudential regulations and external regulatory requirements based in Delhi. The incumbent is accountable for establishing and maintaining the credit risk management framework, including risk appetite, risk tolerances, policies, and control standards, while exercising delegated authorities and providing the expertise necessary to effectively manage these risks. 

The role is also responsible for ensuring robust assurance, governance, and reporting mechanisms are in place; overseeing the design and effectiveness of risk controls; monitoring compliance with Board-approved risk tolerances; and escalating material control deficiencies or breaches to the appropriate management and risk governance forums. In addition, the role plays a critical leadership function in fostering a strong culture of good conduct across the organisation and holds final credit approval authority for Wholesale Lending facilities. While responsible for credit decision-making, accountability for the completeness, accuracy, and quality of business credit applications, including the capture of information required for credit risk assessment and measurement, remains with the relevant Business CEOs.

Role Responsibilities

• Lead Credit Risk Strategy & Portfolio Stewardship by shaping risk frameworks, credit portfolio standards, and risk appetite aligned to business growth objectives while providing strategic insight through cost, impairment, and macroeconomic risk forecasting.
• Serve as the Senior Credit Risk Authority with responsibility for exercising delegated credit approval authority, safeguarding the integrity of risk-return decisions, and providing independent challenge to business proposals and risk-taking activities.
• Oversee Wholesale Banking Credit Risk across Local Corporates, Global Subsidiaries, and Corporate & Investment Banking portfolios, ensuring robust risk governance, portfolio quality, and sustainable business growth.
• Drive Credit Excellence and Risk Discipline by ensuring business credit applications meet the highest standards of risk analysis, underwriting quality, and regulatory compliance, while maintaining strong portfolio performance.
• Lead Credit Portfolio Governance through regular risk committee engagement, portfolio reviews, stress testing, early alert management, and proactive identification, escalation, and remediation of emerging credit risks.
• Own Regulatory and Policy Compliance by monitoring adherence to Group Credit Policies, Portfolio Standards, prudential requirements, and local regulatory expectations, while ensuring timely and accurate risk reporting to senior governance forums.
• Champion Operational Risk Management by overseeing risk and control frameworks, strengthening risk monitoring capabilities, driving continuous process improvement, and embedding effective operational risk practices across the function.
• Build and Develop High-Performing Credit Risk Teams through talent identification, succession planning, capability development, leadership coaching, and fostering an inclusive and high-performance risk culture across multiple markets.
• Promote the Highest Standards of Conduct and Governance by embedding ethical decision-making, regulatory excellence, and a strong risk culture, while collaborating with business and control functions to proactively identify, mitigate, and resolve risk, conduct, and compliance issues.

Key Stakeholders

Internal

• In country Client Coverage Head, Country Segment Heads, Senior Bankers, Credit/Marketing group
• Head, Group Audit (Country)
• Treasurer (Country) and various GM Head of Sales
• Head Stressed Assets Group / Head Stressed Assets Risk (Country and Regional)
• Chief Executive (Country)
• Head, Legal Affairs and Compliance (Country)
• Chief Credit Officer/ Regional Chief Credit Officer (Region)

External

• Executives (including equivalent CRM Units) of other banks
• Key Corporate and Institutional relationships in country
• Members of the legal professions
• Directors/Key contacts in the business community
• Accountants/Consultants
• Auditors / Government regulators

Role Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline, with substantial senior leadership experience in banking and financial services.
• Strong experience in Corporate and Institutional banking, including significant exposure to wholesale credit risk assessment, underwriting, and approval of complex client relationships.
• Deep expertise in Credit Risk and Operational Risk Management, with a proven ability to balance risk, return, and growth objectives in a dynamic banking environment.
• Strong front-office and business partnering experience, with the commercial acumen to evaluate risk-adjusted returns and provide effective challenge to business decisions.
• Demonstrated leadership track record in managing high-performing teams across diverse geographies, driving talent development, succession planning, and a strong risk culture.
• Proven experience in risk governance, controls, and portfolio management, including oversight of complex products, geographically dispersed portfolios, regulatory compliance, and risk frameworks.
• Excellent communication and stakeholder management skills, with the ability to influence senior executives, regulators, and business leaders; proficiency in English is essential, and additional language capabilities are advantageous.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 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.

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