Job Summary
The Credit and Portfolio Management (CPM) team focuses on reinforcing first-line ownership of risk and origination discipline, reducing profit and loss volatility and optimising capital and liquidity resources to support the growth of the Group. The CPM Distribution team drives and develops the use of various distribution tools to recycle scarce balance sheet resources, allowing balance sheet risk and returns objectives to be met within risk appetite.
An opportunity to join CPM Distribution as an Associate Director is available as part of the expansion of the team’s mandate.
Business
• Drive efficient and effective secondary distribution of Bank exposures, including the development and deployment of asset and liquidity distribution options.
• Actively explore and advance on new types and avenues of distribution to support origination, which includes looking into ways to expand the distribution investor base.
• Work with stakeholders within CPM, Risk, and the Business to determine and execute appropriate distribution and hedging strategies, to reduce concentration risks and free up balance sheet capacity.
• Monitor changes in the regulatory landscape and market structure related to distribution activities, including responding to regulatory questions and updates.
Processes
• Participate in specific distribution deals, such as collateralised loan obligation issuances and structured funding issuances.
• Manage the replenishment (communication with RMs and regional CPM teams) and optimisation of CLO hedging, working closely with BSSG deal management team.
Key Responsibilities
People & Talent
• Participate in the Distribution Forum to co-ordinate distribution strategy consistently across the Bank.
Risk Management
• Provide transparency on the cost, effectiveness, and execution risk of a transaction to enable decision-making; which includes maintaining discipline on assessing comparable transactions.
• Ensure tight adherence to compliance standards in execution of transactions, distribution of assets and risk hedging activities.
Governance
• Ensure robust governance, reporting and booking of transactions in collaboration with the deal teams and functions to ensure benefits are taken to the extent committed.
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.
• 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.
Skills and Experience
Key stakeholders
• Syndicate and Financing Risk
• Balance Sheet Securitisation Group (BSSG)
• Global Credit Markets
• Capital Markets Solutions
• Markets Structuring, Sales & Trading
• Client Coverage
• Credit Policy and Risk Control
• Treasury Risk
• Treasury
• Technical Accounting
• Tax
• Legal
• Compliance
• Operations
• Technology
Other Responsibilities
· Embed Here for good and Group’s brand and values in CPM
Our Ideal Candidate
· 5+ years of Banking experience working across Corporate and Investment Banking with background or experience in treasury, finance, transaction banking, markets or risk
· Portfolio management skills preferred but not a mandate
· Governance and interaction with internal stakeholders is required
· Self starter, good communication skills and ability to synthesize large amounts of information at one time
Role Specific Technical Competencies
· Knowledge of Product Line under CIB Management
· Balance Sheet Management
· Process Management
· Manage Projects
· Industry Knowledge under CIB Management
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
