Job Summary

The role holder will be responsible for proactively managing the credit risk & risk/return benefit and act as an investment / asset manager of a complex portfolio of Global Credit Markets (GCM) accounts in close co-ordination with the originating J3 team. The products comprise of Leveraged & Acquisition Finance (LBO, structured finance, dividend recapitalisation, hold-co financing, promoter financing), Commercial Real Estate Financing, Project & Structured Export Finance, Transportation Finance (aviation+shipping) and Term loans (including Capex & general purpose). The role requires close interaction with several stakeholders ie Credit/Risk, client, Agency, other lenders, Relationship Managers, Loan Syndications & GCM product partners. 

Credit Risk: The candidate will work in close collaboration with the product partners in writing the Credit Application Memos for new deal origination and refinancing deals. The candidate remains responsible for the overall Credit risk of the assigned portfolio which includes preparation of renewal credit application memos, quarterly borrower performance review and updates, covenant monitoring, waivers and amendments, site visits, engagement with Board/Committee for DCCO extension, highlight early alert & horizon risks, amongst others. The credit submissions need to be presented to / discussed with Credit Risk approvers for timely approvals At Associate Director level, the candidate will also be required to guide and share thought leadership with juniors in the team.

Risk/Return: Ensuring Bank’s RoRWA & RoTE are managed above the given threshold by managing the client, deal & portfolio level RoRWA, recommending assets which can be sold/churned or de-risked (through insurance, FRP), along with Loan Syndications engaging with stakeholders/other investors/lenders for marketing these assets. By analysing the upcoming potential risks, assets can be sold/de-risked to mitigate ECL & RWA spikes. Manage ECL.

Supporting new origination: Attending the new deal pipeline calls, reviewing, analysing & supporting all new deals hold positions that bank underwrites by understanding the risks, deal & group level risk/return.

Key Responsibilities

Strategy

• Proactive, comprehensive and timely credit analysis through BCA renewals, quarterly performance reporting, waiver and amendment requests and documentation of credit events; 
• Ensure forward looking Credit analysis and make recommendations to actively sell down/Credit insure riskier assets in the book. 

Business

• 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 GSAM and the respective GCM 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

Processes

• Annual review of the facilities (CAM memo) comprising of business risk, client risk, industry analysis, management analysis, financial analysis, peer comparison, industry benchmark, etc.
• Minimum Quarterly check-in on the business / client performance
• Stress testing, recognition of early warning signals on the asset/loan, industry, client/sponsor Group, etc
• 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; 

People & Talent 

• Credit analysis skills;
• Financial analysis skills;
• Able to analyse excel-based financial models;
• Must be sensitive to short time frames and be able to quickly assess and turnaround applications to credit;
• Excellent oral and written communication skills are required; and 
• Ability to demonstrate initiative and can work with little supervision.

Risk Management

• 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
• Compliance with Bank policy and procedures
• Support GCM’s sustainable initiative including managing manual inputs on CRR5201a
• 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
• Monthly Portfolio review
• Support the RH/GH PAM with the MIS and other reporting on timeline basis.
• Improve efficiency via focus on various initiatives including automation;
• Take ownership of data quality & accuracy of various inputs that impact management MIS for your team

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.

Skills and Experience

• 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    

Qualifications

• Credit analyst experience
• Risk Mitigation, Financial Analysis, Financial Modelling
• Written and oral communication skills
• Core Credit Curriculum Certified (internal SCB course) 

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.