Associate Principal, Lending Documentation Unit at Standard Chartered Bank

The Role Responsibilities:

• This Associate position within the Lending Documentation Unit, IMO, is primarily to support the various business units for the Non-Standard Documentation / Standard Documentation process in accordance with the Credit Documentation Process - General Roles and Responsibilities and any further guidance from the Global Head, LDU.

Strategy:

• Being a business partner to and independent guardian of the business, achieving the right balance.
• Supporting the implementation of the IMO target operating model for LDU in the region.
• Identifying process improvement initiatives / opportunities to drive efficiency across LDU.

Business:
Working closely with stakeholders to ensure smooth integration of LDU processes with other processes of the Bank. In particular:

• Ensuring that Legal and LDU work in an integrated fashion;
• Working closely with LDU in other centres to reduce duplicative work and ensure logical allocation of work (proposing exceptions to R&R if necessary);
• Ensuring that hand offs between IMO Client Delivery teams and LDU are smooth and efficient;
• Resolving all roadblocks and any points requiring clarity, in collaborative fashion between LDU centres or between Legal and LDU or LDU and IMO Client Delivery teams, preferably without involving the business as a go between.

Processes:

Non-Standard Documentation Process:
 

• Reviewing/checking bespoke/ externally prepared documentation for complex or syndicated transactions.
• Ensuring the financing structure and documentation is in compliance with the terms and spirit of the relevant credit approval and the Bank's policies and procedures (including Operational Risk).
• Working closely with internal legal counsel and engaging and liaising with external counsel where required.
• Reviewing and confirming satisfaction of all required documentation, policy requirements and approvals via formal handover confirmation to the IMO Client Delivery team for the authorisation of client limits.

Standard Documentation Process:

• Drafting and negotiation of contractual, security and parental support documentation covering uncommitted and committed bilateral facilities in line with credit approvals.
• Drafting and negotiating local and global guarantees within Region and for the wider Bank network.
• Ensuring the financing structure and documentation is in compliance with the terms and spirit of the relevant credit approval and the Bank's policies and procedures (including Operational Risk).
• Setting and collating all condition precedent/subsequent documentation.
• Engaging external counsel in relation to capacity and authority opinions and ensuring the review and sign of all legal opinions where required.
• Drafting corporate resolutions / reviewing constitutional documentation.
• Reviewing and confirming satisfaction of all required documentation, policy requirements and approvals via formal handover confirmation to the IMO Client Delivery team for the authorisation of client limits.

General:

• Conducting reviews for Early Alert cases in accordance with EAR process.
• Ensuring a comprehensive understanding of LDU and Legal policies alongside ancillary policies, procedures and regulations, including Credit/Operational Risk in relation to BAU activities.
• Implementing and adhering to standardised operational excellence processes;
• Completing DAT Activity Tracker in accurate and timely manner to facilitate preparation and management of Management Information including reports and dashboards.
• Ensuring all LDU management information is updated/supplied promptly and accurately as required by the Regional/Global Heads, LDU.

People and Talent:

• Providing effective orientation / guidance to new joiners on the Bank's policies/ procedures / processes to ensure their successful assimilation into the team and the Bank.
• Developing and implementing a personal learning plan with team manager, to attain necessary competencies
• Successfully completing milestones as laid out in implemented personal learning plan.

Risk Management:

• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Ensuring a clear and uniform approach towards implementation of the global operating model for all IMO related processes, and adherence to DOIs.
• Reporting deviations (if any) to appropriate authorities and obtain proper dispensations.
• Proactively managing risks and establishing/ monitoring controls to improve the overall state of risk management and operating framework.
• Ensuring timely implementation of Operational Risk Framework.
• Ensuring Control Sample Testing reviews are performed in a timely manner.
• Ensuring all audit issues are handled in a timely and appropriate manner.

Governance:

• Ensuring compliance with internal policies, external policies, regulatory and statutory requirements.
• The maintenance of a robust control environment to ensure:
• The execution of documentation is approved by LDU in accordance with the Bank's credit and legal policies and the Credit Documentation Process - General Roles and Responsibilities therefore ensuring the Bank is not exposed to unnecessary legal, commercial or regulatory risks.
• The timely processing of documentation and handover of condition precedent documentation to enable limit authorisation and therefore the activation of facilities to optimise revenue generation.
• Ensuring strong due diligence on document safekeeping and data confidentiality.
• Ensuring that risks are clearly identified and quantified, properly tabled in the appropriate forums and appropriate RCPS are done.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:

• Legal
• IMO Teams
• Credit Risk
• Relevant Client Businesses covered by LDU
• Operations
• Operational Risk
• GSAM
• Audit

Other Responsibilities:

• Embedding Here for good and the Group's brand and valued behaviours in the Integrated Middle Office team.
• Completion of all Group Mandatory e-learnings within stipulated deadlines.
• Performing other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate:

• Academic or Professional Education/Qualifications; i.e. standards required for roles.
• Min 3 years of experience on similar position in international environment.
• High attention to details
• Experience in international environment
• Bank training; i.e. mandatory & developmental - role specific, and regulatory/compliance bank wide & role specific
• Group Cross Border Client Engagement - e-learning
• Complaints Policy and Process Attestation
• Commercial Banking and Global Banking (CB & GB) Compliance Induction Attestation
• Correspondent banking risk certification for Client Delivery Functions
• Tax Evasion Risk Awareness
• Trade Based Money Laundering - Mitigating Money Laundering Risks in Trade Finance (e-learning).
• Client Information - When is it Inside Information? (Generic).
• Languages; i.e. those required for roles excellent communication in English (articulation and writing).

Role Specific Competencies:

• Legal Analysis
• Operational Functions
• Problem Management Process
• Problem Solving
• Process Management
• Understanding Customer Needs