Principal, Credit Analyst, FI at Standard Chartered Bank

The Role Responsibilities:

Strategy:

• Awareness and understanding of the Group’s business strategy and model appropriate to the role.

Business:

• Awareness and understanding of the wider business, economic and market environment in which the Group operates.

Processes:

Credit Analysis - Timely drafting of credit analysis as directed by the relevant Team Leader.  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, 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, fraud 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);
• 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 checklists (where applicable);
• Credit stress testing.
• CCRMC & FIRC Certification.

Preparation of other analysis as directed by the relevant Team Leader, such as Industry specific reviews, portfolio reviews, assessments of new prospects etc.

Risk Management:

To provide insightful, relevant, succinct and timely (see below) credit analysis of a portfolio of SCB’s clients (current or prospective). 

This includes responsibility for proposing counterparty credit grades via the relevant scorecard, and ongoing monitoring for credit-material events.   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, for any BCA (Business Credit Application) submission it will involve the following:

• Critical review of Environment and Social Risk Assessments, Consistency and coherence review of the Approved Account Plan, Raptor (or equivalent), Client & Group Facility Summary & 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 this Job Purpose.

Governance:

• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.

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:

Internal Relationships:

• GAMs, RAMs, FAMs
• Risk
• Product partners
• CDD, where relevant
• Legal, Audit and Compliance, where relevant
• Physical Commodity Operations, where relevant

External Relationships:

• Clients
• Rating Agencies
• Market Data Services providers

Stakeholder Partnership:

In respect of Clients where the role-holder is assigned as analyst:

• Proactive monitoring of key entity or industry wide events and/or developments, 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 and proposed credit grading, 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.

Other Responsibilities:

• Support CA Team Leaders and others in the team on ad hoc projects, strategic initiatives and exercises aimed at improving or enhancing the team’s activities.
• Continually strive to share key relevant knowledge and learnings with others across the team.
• Provide credit specific coaching to newer or less experienced members of the team.

Our Ideal Candidate:

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 5 - 7 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 / Graduate calibre.
• 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.

Role Specific Technical Skills And Competencies:

• Manage Conduct
• Risk Management and Internal Controls (SIF)    
• Risk Management - C&I Credit Risk    
• Business - Products and Processes    
• Business - Financial Analysis and Control (SIF)