Ref: HP048-839

Job description / Role

Employment: Full Time

JOB PURPOSE
* Primarily responsible for managing the credit risk associated with the portfolio and ensuring high quality of the portfolio.
* Closely work with the RM from the origination & play a vital role in deal structuring to add good value from a credit/policy perspective.
* Work with the RM on a specified portfolio and facilitate revenue growth in the portfolio.

Key Roles and Responsibilities

Origination
* Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.
* Work with RM/product partners in structuring credit solutions for the clients and ensuring the appropriateness of the products.
* Work with the RM, in a) obtaining all pre clearances like ER negativity, segmentation, etc. b) preparing & presenting work-shopping note and c) expediting approvals.
* Responsible for end-to-end BCA process including preparing all the tools like Odyssey, Scorecard, etc, in-depth analysis of various risks, quality presentation and ensuring fast credit approval.
* Ensure compliance of all internal and regulatory credit/other portfolio related policies e.g. preparing the Country portfolio standard checklist, Temasek check, other special reporting requirements, etc.
* Coordinate and prepare for GCC meetings
* Liaise with GAM Credit for limit approval/allocation.
* Prepare GP5. (for Malaysia only), Conduct SCL/means and purpose test. (for Malaysia only)
* Release the trade offerings in IMEX, after obtaining the necessary approvals.
* Seek necessary approvals for excesses in the account.
* Post Deal Account monitoring
* Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with ASTAR, EAR processes.
* Ensure timely submission of quality Quarterly Credit Reports
* Monitor Risk Triggers, Covenants and other credit conditions and report appropriately
* Ensure Zero BCA over dues.
* Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.
* Proper maintenance of Credit files and ensuring Audit Ready at any time
* Attend EAR/Portfolio call/MTM calls along with the RMs
* In partnership with the relationship manager, ensure timely identification of accounts to be put in EAR as per the bank's policies and guidelines
* prepare timely Stress Tests wherever required
* Prepare specific industry study
* In partnership with the RM, approve the TAS request as per the bank's policy (only FI specific).
* Work on specific request from custody for limits (only FI specific)
* Prepare PMC report (only FI specific). Prepare summary sheets for FIS (only FI specific)
* Prepare Credit Opinion reports wherever required.
* Effective use of Creditmate & CRM
* Ensure compliance to Group Operational Risk Policy, Anti-Money Laundering Prevention policy and other relevant policies. Cooperate with the Money Laundering Prevention Officers (Unit, Business, and Country) to ensure compliance to internal and external controls and procedures for money laundering prevention.
* Where appropriate, assist in the investigation of financial crime risks and the reporting of suspicious activities.

KEY RELATIONSHIPS FOR

External
* Clients / Trade associations,
* legal firms, Accountants etc

Internal
* Credit
* RM / CCG
* Other stake holders (FM/TB/CA/CRC, etc)
* Deal structuring, Credit information, industry update, approval, reporting, monitoring
* Joint management of the portfolio as a cohesive team

Requirements

KEY MEASURABLES
* Effective structuring the deal along with the RM - no of structured deals handled successfully
* Completion of BCAs and obtaining Credit approvals on time to facilitate faster execution of transactions.
* Revenue from the portfolio
* No overdue BCA, QCR
* Efficient handling of EAR, minimal ASTAR,
* Nil Provisioning
* Satisfactory Audit and other internal & external reviews
* No movement of account to GSAM without going through EAR

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.

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Visual Merchandising salaries in Saudi Arabia

Average monthly compensation
SAR 23,000

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