Job Summary
Based within Credit & Portfolio Management (“CPM”), the role is primarily responsible for ongoing monitoring of the Non-core Equity Portfolio of the bank and managing exits to achieve strategic objective of the Bank. The role will also need to co-ordinate internally and externally, to ensure the governance and reporting objectives are met.
Strategy
• Monitor the performance of the Non-core Equity Portfolio, through periodic updates to various internal stakeholders including Investment Committee
• Lead the delivery of exit of the Equity Portfolio through proactive engagement and coordination with stakeholders, by partnering with functions
• Take lead in the liquidation of dormant entities and simplification of holding structure of the bank
Business
• Responsible for ongoing monitoring of the Non-core Equity Portfolio and managing exits to achieve strategic objective of the Bank.
Processes
• Have deeper understanding of the investments, entities and the broader equity portfolio
• Work out exit strategies, set up necessary infrastructure and execute the transactions
• Obtain support from internal Governance Forums within the bank to implement the strategies
• Work with SCB Legal and external counsel in the deal documentation
• Do periodic investments monitoring, including Corporate Actions, Valuations of Companies and Compliance matters
• Engage with investee companies (in coordination with local team if existing relationship exists)
• Ensure documentation is managed and maintained in line with internal and external requirements
• Track deliverables against agreed timelines and take action / escalate as appropriate any risks to execution
• Ensure central processes and governance is maintained for CPM
• Prepare necessary MIS for senior management periodically to track performance and work towards achieving the set-out budget
• Coordinate with Operations, Finance, Tax and other functions to ensure accurate funds flow and internal / external reporting
Key Responsibilities
People & Talent
• Lead through example and build the appropriate culture and values.
• Foster a culture of learning and process improvement
• Discuss the vision and build commitment and energy to focus on key priorities
Risk Management
• Support the effective management of end-to-end processes and associated risks, in line with the business strategy
• Identifies risks and issues early in their existence and maintains the project risk and issue registers and action plans
• Proactive identification, management and escalation of material risks in accordance with the Bank’s Risk Management Framework
• Ongoing self-assurance to ensure a robust control and operating framework
• Communicates status (including risks and issues) on time without being chased
• Provides information that facilitates informed and timely decision making
Governance*
• Responsible for assessing the effectiveness of the Group's arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
Skills and Experience
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.
• Lead the team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment
Key stakeholders
• Credit & Portfolio Management management
• Group Corporate Development (GCD)
• Regional CEO teams
• Conduct, Financial Crime & Compliance (CFCC)
• Global Business Services (GBS)
• Administrators, Corporate Secretaries, Brokers, Custodians, and other intermediaries
• Functions – Finance, Tax, Operations, Corporate Secretaries and Reporting teams
• SCB Legal and External Counsel
• Valuation Control Team
Our Ideal Candidate
· 10+ years of Banking experience working across Corporate and Commercial Institutional Banking with credit analysis/equity analysis background
· Experience in equity portfolio management
· Experience in negotiating legal documents
· Governance and interaction with internal stakeholders is must
Role Specific Technical Competencies
· Valuation
· Credit Assessment
· Documentation
· Governance
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.
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
