Director Debt Management Supply Chain Finance

Job Summary

The Director of Debt Management for Supply Chain Finance (SCF) is a high-impact role responsible for managing the credit risks associated with Supply Chains Finance India business. You will oversee the strategic structuring of debt facilities, manage relationships with financial institutions, and ensure the seamless execution of legal cases against the defaulters.

By balancing cost-effective funding with robust risk mitigation, this role ensures the financial health of both the enterprise and its supplier ecosystem.

Strategy

• To ensure that all default management procedures prescribed in the PPG are adhered to within prescribed timelines.
• Ensure correctness of data on all the systems - SCI, SCMS, downgrades / upgrades, interest suspense, specific provision, GSAM report Reconciliation, Internal Suspense accounts Reconciliation etc. Conducting of EAR meetings & preparing of EAR pack. Ensure that the data provided in the pack is up to date and Risk Triggers are rightly tracked.
• Timely preparation of EAR pack and submission 48hrs prior to EAR. Circulating detailed MoM and EAR One pager immediately post the EAR.
• Ensure accounts crossing 90dpd are downgraded immediately as per RBI guidelines. Keep all the stake Holders informed about the downgrading. Ensure necessary entries are passed by GSSC and the account is downgraded on all systems and ARM code changed.
• Rigorous followup on NPA accounts for recovery and add value by bringing in new strategies for faster recovery.
  
  

Business

• Target to ensure Nil provision for 2018
• At the month end obtain approvals for creating provision and write-back of recoveries made from provisioned accounts and instruct GSSC to pass the necessary entries. Ensure the GSAM report is reconciled monthly and get incorrect entries rectified immed.
• Follow-up/ liaise with collection agents, if any, on the cases where suits have been filed.
• Conducting GSAM review meeting at regular intervals to decide the recovery strategies. Reconcile GSAM report with the actual accounts downgraded.
• Ensure confidential letters are sent to all the WC bankers of the NPA customers informing about the downgrade of the account.
• Timely submission of DMF and DSR reports to the dispute management committee.
• Ensure demand notice recalling the loan is sent to all 30dpd overdue cust and then bank the UDC post notice period.
  
  

Key Responsibilities

Processes

• Monitor daily excesses, overdues along with the respective portfolio managers and ensure that the reports are signed and filed. Ensure overall portfolio delinquency is within 3% at any point of time.
• Rigorous followup/visits for overdue.cases > 30dpd and ensure minimum slippage of cases to >60 dpd. Ensure to always remain updated with the feedback on all overdue cases. Obtain confirmation from PMs on completion of all Tasks as per Default Management triggers in the PPG.
• Instruct Credit Operations on the revision in risk grades and classify the accounts as standard, substandard, doubtful, Loss in the SCMS.
• Check and raise for any approval conditions and deferrals expiring for the day and initiate appropriate action by the Portfolio Manager or SC RM.
• Reconcile overdue report between the SCMS and the C&IB report.
  
  

People & Talent

• Display teamwork through seamless delivery, effective back-ups
• Embrace and practice the values of the bank on all occasions.
• Personally demonstrate one bank behavior and lead by example.
  
  

Risk Management

• Obtain reports from cash operations on the PDCs held and check that these are within the stipulated % level.
• Satisfactory completion of all audits i.e. RBI, Statutory and Credit Audits.
• Ensure compliance with all default related PPG conditions.
• Ensure submission of LGD data to Risk Analytic team at regular intervals and updation on Amadeus.
  
  

Governance

• Ensure adherence to all internal and external regulations including RBI reporting.
• Support "No surprises" culture by highlighting key compliance and Operational risk issues impacting the Unit in an immediate manner for appropriate resolution.
  
  

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  
  

Key stakeholders

• CIB Coverage Heads
• Relationship Managers
• Credit Team
• Legal & Compliance
• Stressed Asset Group
  
  

Skills And Experience

• Criminal & Civil Proceedings
• NCLT / Sarfaesi Proceedings
• Debt Management
• Stress Asset Management
  
  

Qualifications

• Bachelor’s / Master’s degree
• Degree in Law (preferable)
  
  

About Standard Chartered

Were an international bank, nimble enough to act, big enough for impact. For more than 170 years, weve 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 youre 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 cant 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, youll 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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