Standard Chartered India | Analyst, Stressed Asset Grop

Responsibilities

• Assist Head SAG, and ED SSA with management of assets to be risk mitigated (novate/ assign/ risk participate) and where appropriate, servicing of these.
• Assist Head SAG, and ED SSA in management of SAG’s enterprise valuation function, producing valuations for the purposes of determining and implementing account strategy, and determining IFRS 9 provision requirements.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Assist Head SAG, CPM implement the strategy for CPM as it relates to management of stressed exposures across CCIB globally.
• Ensure adherence to CPM business conduct framework in implementing this strategy.
• Providing transparency on the cost and risk of any mitigation action, and on the underlying decision making process as they relate to the stressed asset portfolio.
• Work towards optimisation of RWA and liquidity in the legacy stressed asset portfolio as a priority and ensure appropriate data capture/ data management that can feed into and improve CCIB’s data/ credit modelling regimes.
• Provide advice around structuring of new money requests or debt equity swaps
• Manage asset disposal reviews and sales
• Working closely with GCM and FM Sales to direct and manage the sale processes of stressed exposures including identification, assessment, monitoring and management of accounts that should be exited to the market
• Develop relationships with special situation investors, private equity and credit funds as well as distressed debt traders to enable development of appropriate sell down strategies working alongside GCM and FM Sales teams
• Prepare full enterprise valuation assessments of material exposures in the stressed assets portfolio
• Ensure that the Group's risk arising from litigation, environmental claims, regulatory censure or potential reputational loss in regard to the accounts being managed are minimised
• Develop a culture which understands and evaluates the constant tradeoffs between new business, risk and capital deployment
• Help improve efficiency, speed, and productivity of capital specifically for stressed asset portfolio and for broader CCIB balance sheet
• Working together with Head SAG, and ED SSA ensure business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed
• Help communicate use of capital metrics (Liquidity and RWA efficiency/ RoTE), where applicable, for stressed assets so that they can be easily communicated to the front line when evaluating mitigation actions
• Ensure that Risk Management matters that are brought to the job-holder’s attention are subject to direct remedial action and/or escalated, where appropriate to relevant committees
• Drive continuous improvement of the operational efficiency and effectiveness of the process to increase the consistency of global systems and processes.
• Work with the team to support & manage where applicable CPM processes allocated to the CEO, CCIB by the Group process universe in line with the ORF and their associated risks, including activities within the processes which are hubbed or outsourced
• Execute the implementation of policies & control standards set by risk control owners and policy owners where appropriate.
• Ensuring compliance and operating within risk tolerance and risk appetite.
• Contribute to the adequacy and effectiveness of the systems, controls and procedures relating to Stressed Asset Group and CPM at large, that they are regularly and independently tested, assessed and improved in a timely manner
• Ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements.
• Ensure any audit and compliance issues relating to Structured Solutions & Advisory business within Stressed Asset Group business are resolved in a timely manner

Requirements

• Graduate qualifications (or conversions): Post-Graduate qualifications such as MBA, CFA, Chartered Accountancy, Mathematics/ Statistics, Qualified Lawyer.
• Good knowledge of fundamental drivers of credit risk, documentary and legal risks, portfolio, and balance sheet management; including market and regulatory dynamics.
• Good experience in structuring credit risk products, restructuring of credit exposures, asset distribution, and exposure to credit derivatives and asset securitisation.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai