Standard Chartered Bank is a global bank that is both agile and large enough to make an effect. For more than 160 years, we’ve strived to improve the lives of our clients, communities, and colleagues. We question the status quo, appreciate a good challenge, and are always looking for new ways to grow and improve. As a prominent international bank, we work to help individuals and businesses grow throughout Asia, Africa, and the Middle East.

1). Associate Principal, Credit Analyst

Job ID.: 2400003386

Location: Victoria Island, Lagos

Employment Type: Full-time

The Role Responsibilities

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

Strategy:

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 submission it will involve the following:

Critical review of Environment and Social Risk Assessments, Appropriateness and Suitability Assessments (FM Products);
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 the strategy.

Business:

To partner the team’s two key stakeholder communities, Client Coverage and Risk, supporting the former in developing and executing their client strategies and both in respect of credit analysis-relevant matters.

Processes:
Timely drafting of credit analysis as directed by the relevant Team Leader. Such analysis should be Insightful, Relevant and Succinct (see Strategy) 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, parental and/or governmental linkage/support, relative ranking of indebtedness, Fraud risk;
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);
Complete ESRA (Environment and Social Risk Assessment) Checklist;
For Cat 2 lines, complete Financial Markets Appropriateness and GWWR Attribute checklist;
For Cat 2 lines, Credit Term Sheet updates based on RM/Risk feedback;
Supporting business on structuring deals;
Documentation support on credit aspects and working with IMO 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 check-lists (where applicable);
Credit stress testing
CCC Certification
Preparation of other analysis as directed by the relevant Team Leader, such as Industry specific reviews, portfolio reviews, assessments of new prospects etc.

People & Talent:

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

Risk Management:
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.

Governance:

Maintaining integrity in analysis at all times is critical. This includes frequent and iterative discussion with both Client Coverage and Risk around draft analysis, key sector / geographic trends, as well as discussion of covenants, risk triggers and the like. It involves proactive idea generation and discussion with Client Coverage around potential business opportunities for SCB, assisting both Client Coverage and Risk around transaction structuring and execution, where relevant, and identifying and alerting stakeholders of emerging risk aspects on a continuous basis.

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.

Our Ideal Candidate
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.

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 Grade dependent 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.

Role Specific Technical Competencies:

Financial Statement Analysis
Credit Analysis and Verification
Risk Management – Internal Controls (SIF) and C&I Credit Risk
Knowledge of Customers
Addressing Customer Needs – Products and Processes
Analytical Thinking
Industry Knowledge
Problem Management Process
Account Management.

Application Closing Date
7th May, 2024 (11:59:00 PM).

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2). Transaction Banking Corporate Sales Officer

Job ID.: 2400003177
Location: Victoria Island, Lagos
Job Type: Full time

The Role Responsibilities
Business:

Deep understanding of clients’ operating environment including day to day transactional flows, cash investment needs, trading cycles, and operational banking requirements.
Provide regular input to striped teams from day to day understanding of the clients’ operations
Execute activities in line with TB sales pipeline policy.
Provide regular input to Regional and Global RFP teams to design RFPs for Clients
Liaise with country teams to understand dynamics in west Africa
Leverage the feedback from client operating level and bank MIS to refer ideas to origination teams.
Provide pricing in line with Cash and Trade pricing policy for flow opportunities (e.g. OPAC, bank guarantees, additional accounts, etc.).
Grow cash balances and volumes.
Monitor usage of channels.
Manage documentation for transactions and post transaction monitoring & servicing
Lead the execution of deals by tracking implementation through to revenue realization.
Documentation process for Cash
Liaising with Ops and RMs on referrals.

Processes:

Ensure that any post sales service issues identified are managed appropriately by Service Management and/or other relevant departments. (e.g. CIC)

Risk Management:

Drive the Operational Risk framework implementation where applicable
Adhere all TB Sales risks in the Country (incl. through BORFs & CORCs), conform to global standards, improve risk metrics, e-enablement & culture, and ensure no failed audits (internal & external)

Governance:

Build strong & deep relationships with regulatory authorities and local industry bodies, and ensure the business is ahead of the regulatory change agenda
In conjunction with CEO, CIO & Compliance, proactively engage local and global business & functional partners and stakeholders to drive the TB Transactional Sales agenda and ensure alignment
Promote the SCB brand and Group Code of Conduct – exemplify the values of the Group in all undertakings.

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 CCIB Cash business 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.

Key stakeholders:

Relationship Managers, Client Managers, TB Sales, TB products

Other Responsibilities:

Embed Here for good and Group’s brand and values in Ghana / CCIB / TB Sales]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);

Educational Qualifications

Post-Graduates / or professional qualification preferred, but not mandatory
Sound knowledge of accounting and financial principles gained by experience or qualification.

Experience & Skills:

Minimum of 12 years’ relevant experience gained either in banking, treasury, or accounting environment
Knowledge of emerging markets products and service as well as experience in assessment of credit risk in large segments.
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.

Our Ideal Candidate:
Key requirements:

Management and Leadership – Ability to prioritise, delegate, develop and motivate people.
Analytical strength – to spot emerging risks, in particular forward-looking industry trends.
Gravitas – to engage with Relationship Managers and Clients alike, can challenge in a constructive manner.
Collaborative – to work in partnership with stakeholders to ‘get things done’, fulfilling the Job Purpose.

Role Specific Technical Competencies:

Cross-Selling
Client Relationship Management
Customer Behaviour and Preferences
Disruptive Innovation
Knowledge of Cash Product
Strategic Sales Planning.

Deadline: Not Specified.

How to Apply: Interested and qualified candidates should use the links below to apply:

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