Job closed
Ref: HP048-1392
Job description / Role
Working closely with the Regional Head, CT&A and Global Banking Team this function will provide senior credit and risk oversight of the top 10 exposures across the AME portfolio. Additionally, this function will be responsible for regional level risk analytics, thematic research and resultant opportunity spotting and providing industry specific best practices to the Credit Analyst team and
Leadership and Team Development
Key Roles and Responsibilities
* Provide leadership reinforcing commitment to structure and strong business focus. Provide oversight on quality of credit analysis performed across the portfolio. Provide one-on-one coaching and encourage independent credit analysis. Develop industry and segment expertise within the team. Provide senior representation on relevant urgent transactions and be the joint owner with coverage on credit matters related to audit and Regulators.
* Identify and highlight issues faced by dedicated portfolio CAs and be the change agent to drive process improvement, working closely with credit, policy and other stakeholders.
Credit Analysis & Portfolio Oversight
* To provide insightful, relevant, succinct and timely (see below) credit analysis of a portfolio of SCB's largest CT&A portfolio clients (current or prospective).
* Insightful: Attuned to the needs of two audiences - Client Coverage and Risk - the analysis should provide a forward-looking, focused opinion on the likely development of both business and financial risk elements in their industry / geographic context together with a calibrated articulation of key risks and potential mitigants thereto.
* Relevant: As well as a holistic counterparty assessment, analysis should comment on structural elements relevant to SCB's existing or proposed exposure such as guarantee and security arrangements
* Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical
* Timely: While focused on the prescribed annual review cycle, analysis will also be required where material new exposure is being considered by Client Coverage. In addition, more summary analysis should be produced and disseminated quickly, where relevant
* Active partnership with Client Coverage in completion of Risk Profile, Compliance Details, as well as proposed Covenants and Risk Triggers
* Overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis and is a key element of this Job Purpose.
* To provide portfolio management for the credit administration process of clients by applying a holistic approach to managing risk as follows:
* Assess a wide variety of counterparty, transaction, and general risk issues on a portfolio as well as client level basis by using both quantitative and qualitative skills. This will allow for early detection and remediation of broader level risk issues related to clients and assessing credit developments and trends at a country, regional and global level;
* In the course of credit and financial review, conduct credit intelligence to identify potential business opportunities with acceptable risk profile and relate the information to senior management for strategy discussions and cascading to respective coverage teams;
* Provide focused, timely, and value-added ongoing credit assessment and analysis and reports, with proactive monitoring of portfolio for adverse or positive developments, based on country, economic or industry events;
* Lead projects and coordinate sub-segment teams to ensure effective, disciplined, consistent and holistic approach to managing risk and maximizing business opportunities;
* Support growing the business and actively participate in the underwriting of new cross border deals and credit assessment of new and existing clients;
Stakeholder Partnership
* Supporting Client Coverage in developing and executing their client strategies and both Client Coverage and Risk in respect of credit analysis-relevant matters. Maintaining integrity in analysis at all times is critical.
* This includes frequent and iterative discussion with both Client Coverage and Risk around draft analysis, key sector / geographic trends, as well as discussion of covenants, risk triggers and the like. It involves proactive idea generation and discussion with Client Coverage around potential business opportunities for SCB, assisting both Client Coverage and Risk around transaction structuring and execution, where relevant, and identifying and alerting stakeholders of emerging risk aspects on a continuous basis.
Key Roles and Responsibilities
Leadership and Team Development
* Provide credit specific coaching to newer or less experienced members of the team
* Provide strong leadership to Credit Analyst team ensuring independent, quality and timely credit analysis
* Continually strive to share key relevant knowledge and learning's with other CA Heads
Portfolio Oversight
* Work with GAM and FAM teams to improve the management of limits and exposures across geographies; conduct comparative analysis of risk vs. return using portfolio data and provide recommendations for optimizing portfolios and use of capital;
* Manage the credit change process globally across teams when credit policy changes are enacted, analyze gaps and propose solutions that optimize execution;
* Coordinate regional / global efforts to ensure compliance with renewal policies and other credit administration processes;
* Conduct periodic portfolio reviews of the CT&A portfolio to assess creditworthiness and initiate ad hoc reviews for clients subject to adverse news or vulnerable to specific economic, market or regulatory events;
* Coordinate and conduct Stress Tests and portfolio review exercises for periodic check on the health of the portfolio;
* Preparation of other analysis, such as Industry specific reviews, portfolio reviews, etc.
Credit Analysis (where applicable)
* Timely drafting of credit analysis, such analysis should be insightful, relevant and succinct and include the following, inter alia:
* Discussion of the dynamics and nature of the Client's industry, competitive positioning, including key risk aspects;
* 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;
* Assessment of balance sheet strength, alongside cash flow and profitability vulnerability, via ratio analysis and/or stress testing including a current / performance forecast expectation;
* Discussion of other pertinent risk aspects associated with a particular proposed transaction, including country risk, parental and/or governmental linkage/support, relative ranking of indebtedness;
* Completion of Group Mandate, financial spreads, scorecards, and other relevant BCA package attachments
Stakeholder Partnership
* Partnering Relationship Managers in pursuing their client strategies through proactive idea generation, support in preparing materials for client discussion and through ensuring they are always fully briefed on key risk aspects;
* Partnering Risk through clear presentation of credit analysis as well as through proactive and considered discussion of key risk aspects;
* Accompanying Relationship Managers on client visits, as part of general due diligence in respect of credit analysis
* Acting as a broader point of expertise in respect of credit aspects with Product and others across SCB;
* Ensure engagement with senior stake holders - country / regional business head (at least monthly) and country Credit teams to align priorities and proactively address any issues;
* Cultivate, collaborate and maintain close relationships with respective internal partners, including respective Risk units, Legal, Compliance, CTMU, MDU and LDU, as well as CRC in the course of everyday business
Requirements
Qualifications and Skills
* Management and Leadership - Ability to prioritise, delegate, develop and motivate people.
* Analytical strength - to spot emerging risks, in particular forward looking industry trends.
* Gravitas and communication - to engage with Relationship Managers, Clients and Management 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.
* Preferred experience gained either in banking with specific knowledge of generic Corpoirate Banking products and services Direct experience in assessing the credit risk of large and complex structured credits
* Direct experience in structuring complex cross-border transactions and working with internal and external deal teams to execute
* Knowledge of Commodity Trader balance sheets along with related risks and mitigants is an added advantage Knowledge of emerging markets capital products and services.
* 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 Qualification
* Preferred Post Graduates / or professional (e.g. CFA) qualification
* Sound knowledge of accounting and financial principles gained by experience or qualification
* Pass CCC credit certification (or approved equivalent) within 6 months of start date or upon availability (if not available in this timeframe)
Closing Dates
The closing date for applications is Nov13,2017. 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 and 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.