Team Head Corp Credit Analysis Nordics, Turkey, GS
- Employer
- Standard Chartered Bank
- Location
- London, United Kingdom
- Salary
- Competitive
- Closing date
- Apr 18, 2019
View more
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
Corporate Credit Analysis Nordics, Turkey and Global Subsidiaries Europe - Leadership, development and oversight of a Team of Corporate Credit Analysts Europe.
Accountabilities, including:
Business
Processes
People and Talent
Risk Management
To provide insightful, relevant, succinct and timely (see below) credit analysis of a portfolio of SCB's clients (current or prospective) as part of the Business Credit Application (BCA)/ Group Mandate (GM) - Part II preparation and risk analysis.This includes responsibility for proposing counterparty credit grades via the relevant scorecard, the completion of General Wrong Way Risk assessments and ongoing monitoring for credit-material events, as well as the monitoring of all covenants and risk triggers. While the portfolio will be industry / geography specific in focus, the role extends to analysing other clients as may from time to time be required.
Additionally, any BCA submission will involve the following:
Other responsibilities with regard to risk management where the role holder is assigned as Credit Analyst:
Governance
Regulatory & Business Conduct
Other Responsibilities
Our Ideal Candidate
We are looking for someone who has the following skills and experience:
Apply now to join the Bank for those with big career ambitions.
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
Corporate Credit Analysis Nordics, Turkey and Global Subsidiaries Europe - Leadership, development and oversight of a Team of Corporate Credit Analysts Europe.
Accountabilities, including:
- Providing insightful, relevant, succinct and timely credit analysis, credit risk monitoring for Global Corporates in the Nordics, Turkey and Global Subsidiaries in Europe.
- Acting as a bridge between GB and Risk through a range of initiatives.
Business
- To partner the CA team and the two key stakeholder communities: Client Coverage and Risk, supporting them by developing and executing their client strategies.
Processes
- Responsible for providing insightful, relevant, succinct and timely credit analysis of a portfolio of SCB's clients.
- Act as the first line of defence through (i) proactive portfolio monitoring (ii) keeping stakeholders apprised of material news pertaining to portfolio clients (iii) identifying and helping manage `Early Alert' credits through participation in relevant committees.
- Contribute to the continuous improvement.
People and Talent
- Lead through example and assist Head of CA Corporates to build the appropriate culture and values. Set appropriate tone and expectations of the team and work in collaboration with risk and control partners.
- Continually strive to share key relevant knowledge and learnings with others across the team.
- Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles.
- Set and monitor job descriptions and objectives for a total of 3 reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
Risk Management
To provide insightful, relevant, succinct and timely (see below) credit analysis of a portfolio of SCB's clients (current or prospective) as part of the Business Credit Application (BCA)/ Group Mandate (GM) - Part II preparation and risk analysis.This includes responsibility for proposing counterparty credit grades via the relevant scorecard, the completion of General Wrong Way Risk assessments and ongoing monitoring for credit-material events, as well as the monitoring of all covenants and risk triggers. While the portfolio will be industry / geography specific in focus, the role extends to analysing other clients as may from time to time be required.
- 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.
Additionally, any BCA submission will involve the following:
- Critical review of Environment and Social Risk Assessments (where applicable), Appropriateness and Suitability Assessments (FM Products).
- Consistency and coherence review of the Approved Account Plan (subject to any accepted change in limit strategy over the past 12 months), Raptor (or equivalent), Client and Group Facility Summary and Structure (including Terms and Conditions).
- 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 the CA team's responsibility.
Other responsibilities with regard to risk management where the role holder is assigned as Credit Analyst:
- Proactive monitoring of key entity or industry-wide events and/or developments and alerting stakeholders accordingly, as well as of covenants and risk triggers where applicable.
- 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.
- Preparation of Early Alert reports.
Governance
- In Partnership with the Client Manager, Relationship Manager and Credit Officer, the CA team is responsible for managing the quota of overdue and extended BCA within the 5% threshold. This includes assisting CRC with the finalisation of the monthly ASTAR report.
- Quality assurance by reviewing completed SRAF forms before sign-off from Country CEO or RH GB.
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 Corporate Analyst Team covering Nordics and Turkey to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Other Responsibilities
- Assist the CA TL Europe ,Regional Head GB and the RCCO in an array of ad hoc tasks.
Our Ideal Candidate
We are looking for someone who has the following skills and experience:
- Relevant experience gained in banking.
- Experience in covering Turkish and Nordic Global Corporates is mandatory.
- Prior experience in leading (formal reporting lines) a multi-cultural team in a Global organisation is mandatory.
- 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.
- Sound knowledge of accounting and financial principles gained by experience or qualification.
- MBA or CFA qualifications advantageous, but not required.
- Relevant language skills advantageous, but not required.
Apply now to join the Bank for those with big career ambitions.
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