Credit Analyst, Funds

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Together we:

Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
The Role Responsibilities

• Responsible for the front-to-end BCA (Business Credit Analysis) process of assigned accounts as primary analyst by performing independent, forward looking credit analysis of current and prospective clients and act as a secondary analyst as needed. Provide rating and limits recommendation based on the analysis.
• Serve a Credit Analyst point of contact during deal underwriting, working closely with clients, relationship managers, legal and internal teams to mange internal compliance, booking and funding process.
• Plan and conduct the overall credit process and proactive monitoring of credit events for assigned accounts
• Keep up to date with industry news/events and possible impacts on the assigned accounts.

Strategy

• Evaluation and understanding of risk associated with individual transactions, products, borrowers and counterparties.
• Ensure compliance of all internal and regulatory credit/other portfolio related policies in conjunction with GAM (Global Account Manager)
• 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, ISDA NAV triggers and track the evolution of client performance and risk profiles over time.
• Ensure Zero BCA overdues and work to minimize extensions.

Business

• Ensure compliance of all internal and regulatory credit/other portfolio related policies in conjunction with GAM
• Contribute to the excess report process, including, but not limited to proposing limit increases or reducing exposures and promptly addressing queries.
• Participate regularly in account planning sessions to ensure familiarity with customer business.
• Visit/meet customers to conduct credit due diligence of existing customers with credit lines as part of the annual credit review process. Conduct enhanced credit due diligence in order to achieve clear understanding of credit risks associated with new transactions. Prepare call reports on credit/risk related discussion
• Contribute to the structuring of transactions in coordination with other stakeholders (e.g., legal, Financial Markets, Structured Finance, Funds Risk) including the corresponding RWA calculations.
• Propose and assist with negotiation of credit terms for ISDA/CSA agreements through preparation of Credit Term Sheets (CTS).
• Cultivate and maintain close relationships with stakeholders in Funds Risk, Legal, and Middle Office.
• Conduct periodic portfolio reviews of assigned segment to assess creditworthiness and initiate ad hoc reviews for clients subject to adverse news or vulnerable to specific economic, market or regulatory events.
• Proactively monitoring market data and risk triggers across the assigned portfolio.
• Take personal responsibility for complex transactions or complex relationships with assigned names.
• Contribute to Stress Tests requests
• Perform ad-hoc projects, as needed

Processes

• Responsible for the Credit Analysis process for the Fund clients (including PEs, Hedge Funds and Real Money Funds), with at least 2 years of banking or relevant rating agency experience

People and Talent

• Embed Here for good and Group's brand and values in Financial Markets globally
• Build strong and cooperative working relationship with other stakeholders in the bank.
• Contribute to continuous process improvement and sharing best practice

Risk Management

• Abide by the Bank's RM Framework

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

• GAMs, FAMs
• Risk, CRC
• MDU, Legal and Compliance, where relevant
• Product partners
• FCC, where relevant

External Relationships:

• Clients (Existing and potential new clients)

Other Responsibilities

• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• Strong understanding on hedge fund and private equity fund strategies and embedded risks associated with their investments and operations.
• Proven history of performing financial statement analysis and conducting hedge fund / PE fund credit due diligence reviews.
• Minimum of 3 years' relevant experience gained as a credit/equity analyst, including minimum of 2 years covering hedge fund and/or private equity fund.
• Bachelor's Degree with concentration in Finance, Accounting and other related fields. Advanced Certification is a plus (MBA/CFA).
• Ability to effectively manage competing deadlines for projects in a dynamic work environment, with varying degrees of supervision
• Strong attention to detail and ability to notice discrepancies in data
• Strong verbal and written communication skills, with proven ability to work across cultures and within a dynamic environment.

Visit our careers website www.sc.com/careers