What are the responsibilities and job description for the Director, Credit Analyst, Hedge Funds position at Standard Chartered?
Job ID: 22952
Location: New York, US
Area of interest: Corporate & Commercial Banking
Job type: Regular Employee
Work style: Hybrid Working
Opening date: 4 Apr 2025
Job Summary
We are looking for a Director, Credit Analyst, Hedge Funds that will be responsible for processing assigned accounts as primary analyst by performing independent, forward looking credit analysis of current and prospective Sponsor and Hedge Fund clients and act as a secondary analyst as needed. Individual in this role will be providing rating and limits recommendation based on the analysis.
Our Credit Analysts have extensive knowledge of our risk assessment and portfolio risk management framework which they use to support our Account Managers with credit reviews, ongoing risk monitoring and client creditworthiness. They also assess Standard Chartered’s risk appetite against market and economic conditions across the different markets and asset classes.
About Corporate and Investment Banking (CIB)
For more than 170 years we’ve support clients with their transaction banking, financial markets, corporate finance and borrowing needs and provide solutions to nearly 20,000 clients in the world’s fastest-growing economies and most active trade corridors.
Key Responsibilities
- Responsible for the processing of potentially Sponsor and Hedge Fund clients’ front-to-end BCA (Business Credit Analysis) based on candidate’s professional growth. The candidate processes 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, working closely with clients, relationship managers, legal and internal teams to manage internal compliance, booking and funding process.
- Plan and conduct the overall credit process and proactive monitoring of credit events for assigned accounts
- 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), Client Manager and related Financial Markets teams.
- 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 ISDA NAV triggers and track the evolution of client performance and risk profiles over time.
- Ensure Zero BCA overdues and work to minimize extensions.
- Ensure compliance of all internal and regulatory credit/other portfolio related policies in conjunction with GAM/CM/FM teams.
- 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
- 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
Skills and Experience
- We prefer at least 10 years of credit analyst experience covering either or a combination of Sponsors or Hedge Funds.
- Solid understanding of financial markets and investment funds, as well as their embedded risks associated with their investments and operations.
- History of performing financial statement analysis is preferable, but not required.
- 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.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
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
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
Expected annual base pay range for the role is 148,000 USD to 195,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations
Visit our careers website www.sc.com/careers
Visit our careers website www.sc.com/careers
What we offer
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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.
www.sc.com/careers
