Director / Executive Director - Structured Trade Finance

Job description / Role

Executive Director / Director - Structured Trade Finance & Financing Solutions (STF&FS)

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Key Roles & Responsibilities:
- Maximise Client Profitability and RoRWA from CIC relationships in MENAP by providing innovative and value added financing while at the same time reducing the risk to the bank by using a structured approach.
- To establish a reputation as a premier Structured Trade Finance Bank in MENAP by increasing market penetration and getting a greater share of the target opportunities in the region.
- Individual responsibility to achieve allotted budget relating to assigned territories.
- Joint responsibility to achieve the quantitative and qualitative performance objectives set for the STF&FS Team in MENAP.
- Lead a team of motivated individuals with specific responsibilities and targets
- Support the Global STF&FS Team when a transaction has a MENAP leg
- Ensure that the business in MENAP is written within the approved parameters of the STF&FS underwriting standards. Assume primary accountability for the credit risk of STF&FS facilities and ensure a continuous dialogue with relationship managers and industry experts to ensure that they are adequately monitored and controlled.
- Maximize returns across the Bank by selling the Bank's network capabilities to clients or potential clients in other products such as TB, FM, Capital Markets etc.
- Contribute to the implementation of the CIC Business Plan of MENAP specific to the STF&FS Business, and Corporate Finance in general
- Contribute to skills development of colleagues in the region by sharing knowledge, experience and expertise.
- Ensure that the business model developed and activities undertaken to perform the above conforms to the bank's strategy and is an integral part of CIC/CF and the bank as a whole using the ""One Bank"" approach.
Key Relationships (Internal and External):
- Senior Managers in CIC MENAP and FM Sales
- Syndication and Asset Sales
- STF&FS Team in various centres such as Hong Kong, New York, Singapore, London and India particularly in relation to catch and throw business
- Legal and Compliance
- Senior Management of customers and prospects
- External legal counsel and collateral management agents such are warehouse co's, logistics co's etc
- Peers in other banks in the market

Contributes to:
- New / incremental revenue in CIC, FM, CM and TB from STF&FS deals
- Churning of bank and country risk limits. Provides a pool of assets for distribution

The role requires judgement of transactional and structural risks in financing including credit risk, country risk, operational risk, performance risk and market risk. STF&FS transactions can be potentially complex and require a multi-disciplinary, problem solving approach.

Requirements

- Comprehensive knowledge of structured lending and trade products
- Credit assessment and decision making skills
- Knowledge of Structured Trade Financing Techniques
- Knowledge and understanding of commodity markets, both physical and futures.
- Awareness of market dynamics (supply and demand and price)
- Knowledge and understanding of key Capital Markets & FM products
- Ability to work in a multi disciplinary team of professionals
- Team effort to generate STF MENA budget and develop MENA business with CIC and product partners
- CFA qualification (preferred)

Closing Dates
The closing date for applications is 10/11/2010. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.