Job Title: Credit Analyst - Global Subsidiaries - (1800034196)
Job: Global Banking
Primary Location: Africa & Middle East-Tanzania-Dar es Salaam
Schedule: Full-time
Employee Status: Permanent
Posting Date: 29/Oct/2018
Unposting Date: 13/Nov/2018
Description
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
JOB PURPOSE
Primarily responsible for managing the credit risk associated with and ensuring high quality of the assigned portfolio.Closely work with the Relationship Manager (RM) and / or Segment Head from origination and play a vital role in deal structuring to add value from a credit/policy/regulatory compliance perspectiveWork with the RM on a specified portfolio and facilitate revenue growth in the portfolio.
KEY RESPONSIBILITIES
Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.Work with RM/product partners in structuring credit solutions for the clients and ensuring the appropriateness of these products.Work with the RM, in a) obtaining all pre clearances such as pre-screening, negative Economic Revenue (ER), segmentation, etc. b) preparing and presenting work-shopping note and c) follow up to expedite approvalsResponsible for end-to-end BCA process including preparing all the tools including Raptor, Credit Risk Grade Scorecard, E&S Risk Assessments, etc, in-depth analysis of various risks, quality presentation and ensuring speedy credit / board approval.Ensure compliance with all internal and regulatory credit/other portfolio related policies e.g. preparing the Country Portfolio Standards checklist, other special reporting requirements, etc. •Coordinate and prepare for Credit / Group Credit Committee (GCC) meetingsLiaise with GAM and GAM Credit for limit allocations and / or approval.Release the trade offerings in IMEX, after obtaining the necessary approvalsSeek necessary approvals and reporting for excesses in the account.
POST DEAL ACCOUNT MONITORING
Monitor quality of the portfolio by tracking Excess/past dues and QPRs, strictly complying with ASTAR, Early Alert (EA)/ Credit Issues Committee (CIC) and local regulatory processes.Ensure timely submission of quality Periodic Credit ReportsMonitor Risk Triggers, Covenants and other credit conditions and report appropriatelyEnsure Zero BCA over dues and needless extensions by commencing reviews at least 90 days before due date.Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.Proper maintenance of Credit files and ensuring Audit Ready at any timeAttend EA/Portfolio call/MTM calls as necessary along with the RMsIn partnership with the RM, ensure timely identification of accounts exhibiting characteristic weaknesses for escalation through the EA as per the bank’s policies and guidelines
OTHER RESPONSIBILITIES
Prepare timely Stress Tests wherever required
Prepare specific industry studyPrepare Credit Opinion reports wherever required.Effective use of Creditmate & One WorkbenchTake personal responsibility for understanding the risk and compliance (i.e. conduct) requirements of their role. Understand and comply with, in letter and spirit, all applicable laws and regulations, including those governing anti-money laundering, terrorist financing and sanctions; the Group’s policies and procedures; and the Group Code of Conduct. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters
KEY MEASURABLES
Effective structuring of deals along with the RM – no of structured deals handled successfullyCompletion of BCAs and obtaining Credit approvals on time to facilitate faster execution of transactions.Revenue from the portfolioNo overdue BCA, QPRs, DDWs, etc.Efficient handling of Account Excesses, EA, minimal ASTAR,Responsive action that ensures minimal credit loss and / or provisionsSatisfactory Audit, peer and other internal & external reviewsEffective monitoring to avoid movement of account to GSAM without going through Credit Issues Committee as well as surprise downgradesTaking a personal responsibility and involvement in their learning and personal development with appropriate guidance of the line manager.
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