Job closed
Ref: HP048-1472
Job description / Role
Key Responsibilities
Timely drafting of credit analysis as directed by the relevant Team Leader. Such analysis should be Insightful, Relevant and Succinct (see Job Purpose) and include the following, inter alia:
* Discussion of the dynamics and nature of the Client's industry, including key risk aspects;
* Assessment of the Client's competitive positioning within its industry;
* Discussion of management strength, experience and track record and corporate governance more broadly;
* Articulation of the Client's strategy and an assessment of its clarity and associated execution risks;
* Assessment of funding strategy, financial policy, treasury activity (hedging, cash management) and liquidity;
* Development of a current / forward year base forecast performance expectation;
* Assessment of balance sheet strength, alongside cashflow and profitability vulnerability, via ratio analysis and/or stress testing;
* Discussion of other pertinent risk aspects, including country risk, parental and/or governmental linkage/support, relative ranking of indebtedness;
* Evaluation of risks associated with particular proposed transactions, where required;
* Completion of Group Mandate/BCA Part 1, Part 2, financial analysis/spreads, scorecards;
* Ensure use of appropriate calculator in alignment with Credit Policy for relevant approvals (e.g. Raptor, Group Aggregation Calculator);
* Complete ESRA (Environment and Social Risk Assessment) Checklist;
* For Cat 2 lines, complete Financial Markets Appropriateness and ;
* For Cat 2 lines, Credit Term Sheet updates based on RM/Risk/MDU feedback;
* Supporting business on structuring deals;
* Documentation support on credit aspects and working with CRC/LDU on BCA reworks;
* Testing and Monitoring Covenants & Risk Triggers;
* EAR & ASTAR reporting/updates to credit;
* Seek pre-approval endorsements(where applicable);
* Preparing country specific regulatory check-lists (where applicable);
* Credit stress testing
* CCC Certification
Requirements
Key requirements:
* Analytical strength - to spot emerging risks, in particular forward looking industry trends.
* Gravitas - to engage with Relationship Managers and Clients alike, have the ability to challenge in a constructive manner.
* Collaborative - to work in partnership with stakeholders to 'get things done', fulfilling the Job Purpose
Experience & Skills:
* Minimum of 4-5 years' relevant experience gained either in banking, treasury or accounting environment
* Strong analytical ability, focused on the assessment and calibration of credit risk
* Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment
* Able to hold credible dialogue at all levels of the organisation, as well as with clients
* Well organized, able to multi-task and balance competing demands
Educational Qualifications:
* Graduates or equivalent professional qualification; MBA, CFA Chartered Accountancy, or ACCA qualifications will be an added advantage.
* Sound knowledge of accounting and financial principles gained by experience or qualification
* Strong grasp of English language is required
* Proficiency in Excel required
* Modeling skills be an added advantage
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.