Director, Credit & Portfolio Management

Standard Chartered Life and Careers; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

Join a forward-thinking international bank that values diversity and inclusion. In this role, you will manage impaired accounts and collaborate with key stakeholders to minimize risks and maximize recoveries. Your expertise in financial analysis and capital management will be crucial in developing strategies for asset management. The bank offers a supportive environment with flexible working options and a commitment to employee wellbeing, ensuring you can thrive both personally and professionally. If you're ready to make a positive impact and grow your career, this is the opportunity for you.

Benefits

Core bank funding for retirement savings

Medical and life insurance

Flexible working options

Proactive wellbeing support

Continuous learning culture

30 days minimum leave annually

Qualifications

• Graduate qualifications in finance or related fields are essential.
• Experience in banking with a focus on credit risk management.

Responsibilities

• Assist with management of impaired accounts and develop strategies.
• Perform enterprise valuations and manage asset disposal reviews.

Skills

Financial Statement analysis

Business markets

Capital management

Commercial Loan review

Financial Products and Markets

Asset and Liability Management (ALM)

Legal analysis

Education

Post-Graduate qualifications (MBA, CFA, Chartered Accountancy)

Mathematics / Statistics

Qualified Lawyer

Job description

Area of interest : Corporate & Commercial Banking

• To assist Head SAG and ED SSA with management of all impaired accounts and other accounts specifically assigned to SSA to ensure :

Risks are properly assessed / identified and impairment considered as appropriate

• Account objectives, strategies and action plans are formulated, agreed and adhered to
• Carry out Enterprise Valuations for material accounts
• Provide advice around structuring of new money requests or debt equity swaps
• Manage asset disposal reviews and sales
• Minimize risks, prevent losses and maximize recoveries
• 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 minimized
• 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 CIB balance sheet

Key Stakeholders

Internal :

• Major internal stakeholders :
• Global Head, and regional Heads of Stressed Asset Risk
• CPM Regional Heads
• Regional Heads for FM Sales and GCM teams include Head PAM GCM
• Technical Accounting
• Group Compliance
• Group Tax

External :

• Investors : special situation investors, private equity and credit funds, distressed debt traders, counterparts in major financial institutions including in the restructuring teams
• The Group's external auditors
• External advisors including legal advisors and restructuring advisors

Other responsibilities

• Promote the Group’s brand with clients, stakeholders and regulators
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Skills and Experience

• Financial Statement analysis
• Business markets
• Capital management
• Commercial Loan review
• Financial Products and Markets
• Asset and Liability Management (ALM)
• Legal analysis

Qualifications

• Graduate qualifications (or conversions) : Post-Graduate qualifications such as MBA, CFA, Chartered Accountancy, Mathematics / Statistics, Qualified Lawyer
• Experience in the banking and financial services industry with hands-on experience of underwriting, managing, and recovering credit exposures across both developing and developed jurisdictions
• 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

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

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.