Associate Director, Credit & Portfolio Analytics

About the role

Join our dynamic Americas Credit and Portfolio Analytics Team in New York as an Associate Director covering the Fund Finance portfolio. Credit and Portfolio Analytics team is part of the Corporate and Investment Bank Unit. In this exciting and fast paced role, you will manage the credit risk of the fund finance portfolio whilst taking an active role in origination of new deals.

Responsibilities

• Due diligence and preparation of credit applications for new subscription, GP, Hybrid and NAV transactions.
• Evaluate risks associated with proposed transactions, if required and ensure that all credit propositions are both coherent and meet requirements.
• Assessment of Borrowing Base and LP Ratings of proposed portfolios
• Completion of credit applications for new transactions and playing an active role in Risk discussions - financial analysis/spreads and scorecards in alignment with Credit Policy.
• Complete credit applications related to clients’ requests for refinancing, extensions, joinders, and other amendments to the credit agreement
• Securing legal approvals on in preparation for deal closing
• Completion of Group Mandates for relevant Fund Finance clients
• On-going monitoring of credit and financing risk of completed transactions
• Ongoing Borrowing Base Reviews, monitoring of uncalled capital commitment, and regular refresh of LP ratings, including management and maintenance of related databases
• Monitor Risk Triggers, Covenants and other credit conditions and ad hoc credit reports appropriately - preparing reports, escalation, and take actions, as per policy/procedure.
• Monitor, in conjunction with Funds Risk, internal triggers and track the evolution of client performance and risk profiles over time.
• Propose and assist with negotiation of credit terms for ISDA/CSA agreements through preparation of Credit Term Sheets (CTS).
• Monitor ISDA NAV triggers
• Contribute to the excess report process, including, but not limited to proposing limit increases or reducing exposures and promptly addressing queries.
• Partnering with Risk through clear presentation of credit analysis and proposed credit grading, as well as through proactive and considered discussion of key risk aspects.
• Acting as a broader point of expertise in respect of credit aspects with Product and others across SCB.
• Train and support junior staff as relevant.
• Active involvement and timely responses to ad hoc projects and reporting requirements, including portfolio reviews, stress tests, RWA monitoring, and limits monitoring as relevant.
• Monitor LGD benefits remains in line with the benefits expected during deal origination
• Take the lead in Early Alert identification, monitoring, updating, and discussions
• Ability to work closely with Stressed Asset Group and the respective Global Banking product to ensure that stage 3 ECLs are reasonable and arrived logically with realistic assumptions
• Quarterly portfolio reporting
• Ensure that credit files are complete and maintained to an auditable standard

Benefits

At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.