JOB SUMMARY
· The role holder will be responsible for proactively managing the credit risk (monitoring and analysis) of a complex portfolio of Global Credit Markets (GCM) accounts in close co-ordination with the originating deal team
RESPONSIBILITIES
Strategy
· Ensure forward looking Credit analysis and make recommendations to actively sell down/Credit insure riskier assets in the book.
· Proactive, comprehensive and timely credit analysis through BCA renewals, portfolio monitoring, quarterly performance reporting, waiver and amendment requests and documentation of credit events
· Ability to analyse Risk/Return analysis and optimise profits (own portfolio as well as Directs (as applicable)). Recommendations to be based on forward looking risks (driven by CG downgrades and hence incremental Credit losses, stress tests,etc)
· Ability to support on packaging deals with the distribution / securitisation teams for Funded/Unfunded Risk Participations or synthetic sell downs (eg. CLOs)
· Ability to work closely with Stressed Assets Group and the respective Global credit markets product to ensure that stage 3 ECLs are reasonable and arrived logically with realistic assumptions
· Actively support in managing the GCM loan portfolio returns by minimising ECLs (overall ECL to be within the Budget set for Financing Risk)
· Monitor LGD benefits remains in line with the benefits expected during deal origination
· Support GCM's sustainable initiative including managing manual inputs on CRR5201a
Business
· Proactive, comprehensive and timely credit analysis through BCA renewals, quarterly performance reporting, waiver and amendment requests and documentation of credit events;
· Evaluation and understanding of risks associated with Financing Solutions/Leverage and Acquisition Finance/Project and Export Finance/Structured Finance assets, structural, contractual and external risks;
· Financial analysis of a complex customer base using credit skills; ratio analysis; balance sheet and cashflow analysis;
· Evaluation of security, including parental support;
· Evaluation of project company management and strategy;
Processes
· Monitoring, review and reporting (where required) of covenanted items;
· Quarterly portfolio reporting;
· Portfolio Risk/Return analysis and profit optimisation
· Timely response to portfolio related queries to other areas in the Bank;
· Accurate and timely responses to ad hoc reporting requests;
· Ensure that credit files are complete and maintained to an auditable standard.
· Timeliness and quality of credit analysis;
· Protection of the credit risk profile of the portfolio when making recommendations to credit; and
· Timeliness and accuracy in reporting.
· Active participation in projects which will impact upon the GCM Portfolio
· Compliance with Bank policy and procedures
Governance
· Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
· Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.
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.
· Lead the PAM team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Financial Crime Compliance; The Right Environment.
· Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
· Credit Risk, GCM Business Partners, Loan Syndications, Audit
Other Responsibilities
· Embed Here for good and Group’s brand and values in PAM team globally;
· Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
· 2 + Years of experience with credit analysis and evaluation and understanding of risks
· Experience in Risk Mitigation & Financial Analysis
· Experience in Financial Modelling
· Written and oral communication skills
Role Specific Technical Competencies
· Ability to undertake credit analysis and evaluation and understanding of risks associated with Global Credit Market deals
· Financial analysis of a complex customer base using credit skills; ratio analysis; balance sheet and cashflow analysis;
· Oral and written communication skills
· Able to analyse excel-based financial models;
· Risk Management and Internal Controls
· Manage Conduct
· Compliance - Governance, Oversight and Control
· Business - Strategy and Model
· Business - Market Knowledge
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
· Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
· Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
