Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Lead, Credit Initiations
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Lead, Credit Initiations role is expected to manage and improve the credit initiation process, ensuring applications are accurately assessed, properly documented, and completed within service and risk standards. The successful candidate will typically need experience in credit operations, lending, banking controls, or risk management, together with a strong understanding of credit policies, customer due diligence, and relevant regulatory requirements. Good leadership, stakeholder management, analytical ability, and attention to detail are essential. The role may involve supervising colleagues, handling complex or time-sensitive cases, identifying process weaknesses, and working closely with relationship managers, credit teams, legal, compliance, and operations. Standard Chartered would expect the candidate to support a controlled, efficient, customer-focused process and contribute to continuous improvement.
Can I work in Hong Kong?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment visa (General Employment Policy): a degree and a job offer at market pay for a job locals cannot readily fill; no quota, no sector limit; about 4 weeks.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Nationals of Afghanistan, Cuba and North Korea are excluded; residents of mainland China use a separate scheme.
Official source: Immigration Department: General Employment Policy. Checked November 2026.
What the job usually comes with in Hong Kong
Usual for Banking jobs in Hong Kong, varies by employer. Checked November 2026.
| Housing | Rent allowance usual in banking and multinationals (HKD 18,000 to 30,000 a month early career); less in tech |
|---|---|
| Relocation | Varies; the employer usually helps with the visa; a relocation allowance mostly in senior packages |
| Flights | Varies; a joining flight is not standard, more common in senior packages |
| Contract | Often open-ended, probation 1 to 3 months; by law notice is 7 days or more after month 1 (1 month if silent) |
| Leave | 7 days a year, rising to 14 after 9 years, plus 15 statutory holidays (by law) |
| Income tax | 0% up to HKD 145,000 a year (about USD 18,600), then 2% to 17%; pension (MPF) 5%, max HKD 1,500 a month |
| Health cover | Private insurance usual for professionals, not required; with an ID card public A&E is HKD 400, without 2,100 |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa, and the Middle East. The bank provides services across retail banking, wealth management, commercial banking, corporate and institutional banking, and financial markets. Hong Kong is one of its key global hubs and supports major businesses including corporate lending, trade finance, investment banking, risk, technology, and operations. Standard Chartered promotes its purpose of driving commerce and prosperity through its international network, while placing emphasis on responsible banking, financial crime controls, inclusion, and sustainable growth. Employees generally work in a multicultural environment and collaborate across countries and business lines. As a large regulated bank, the company values sound judgment, customer protection, operational discipline, teamwork, and the ability to adapt to changing regulatory and digital banking requirements.