Associate Credit Analyst - Standard Chartered

Standard Chartered Bank (Hong Kong) Ltd; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

Standard Chartered Bank (Hong Kong) Ltd is seeking an Associate Credit Analyst to proactively manage credit risk and a portfolio of Global Banking accounts. You will collaborate with the deal team and product partners to write Credit Application Memos and monitor borrower performance.

The role focuses on risk/return optimization, ECL management, and supporting new origination through analysis and coordination with Credit, Loan Syndications and partners. Strong governance mindset is required.

Responsibilities

• Proactively manage credit risk and risk/return benefit for GB accounts.
• Prepare credit application memos and obtain approvals from Credit.
• Monitor RoRWA and RoTE, and identify assets to de-risk or churn.

Job description

Associate Credit Analyst - Standard Chartered

The role holder will be responsible for proactively managing the credit risk & risk/return benefit and act as an portfolio manager of a complex portfolio of Global Banking (GB) accounts in close co-ordination with the originating deal team. The products comprise of Leveraged & Acquisition Finance (LBO, structured finance, dividend recapitalisation, hold-co financing, promoter financing), Commercial Real Estate Financing, Project & Structured Export Finance, Transportation Finance (aviation+shipping) and Term loans (including Capex & general purpose). The role requires close interaction with several stakeholders ie Credit/Risk, client, Agency, other lenders, Relationship Managers, Loan Syndications & GB product partners. The candidate will also selectively work with product partners in writing new deal Credit Application Memos.

Credit Risk: Prepare credit application memos and discuss & get it approved from Credit, quarterly borrower performance review and updates, covenant monitoring, site visits, highlight early alert & horizon risks, amongst others.

Risk/Return: Ensuring Bank's RoRWA & RoTE are managed above the given threshold by managing the client, deal & portfolio level RoRWA, recommending assets which can be sold/churned or de-risked (through insurance, FRP), along with Loan Syndications engaging with stakeholders/other investors/lenders for marketing these assets. By analysing the upcoming potential risks, assets can be sold/de-risked to mitigate ECL & RWA spikes.

Supporting new origination: Attending the new deal pipeline calls, reviewing, analysing & supporting all new deals hold positions that bank underwrites by understanding the risks, deal & group level risk/return. Work with product partners in writing new deal Credit Application Memos.

Key Responsibilities

Strategy

• Ensure forward looking credit analysis and make recommendations to actively sell down or promote credit enhancement for risky assets in the book.
• Perform risk/return analysis and optimise profits of portfolios wherever applicable. Recommendations to be based on forward looking risks (driven by CG downgrades and hence incremental Credit losses, stress tests, etc.).
• Support on packaging deals with the distribution / securitisation teams for Funded/Unfunded Risk Participations or synthetic sell downs (e.g., CLOs).
• Work closely with Coverage, SAG and respective Banking product teams to ensure that stage 3 ECLs are reasonable and arrived logically with realistic assumptions.
• Actively support in managing the Banking loan portfolio returns by minimising ECLs (overall ECL to be within the Budget set for Financing Risk).
• Monitor LGD benefits and ensure them to remain in line with the benefits expected during deal origination.
• Support Banking's sustainable initiatives including managing manual inputs on CRR5201a.

Business

• Proactive, comprehensive and timely credit analysis through BCA renewals, quarterly performance reporting, waiver and amendment requests and documentation of credit events.
• Evaluation and understanding of risks associated with Financing Solutions/Leverage and Acquisition Finance/Commercial Real Estate/Project and Export Finance/Structured Finance assets, structural, contractual and external risks.
• Financial analysis of a complex customer base using credit skills, ratio analysis, balance sheet and cashflow analysis.
• Evaluation of security, including but not limited to parental support.
• Evaluation of project company management and strategies.

Processes

• Monitoring, review and reporting (where required) of covenanted items.
• Regular portfolio reporting.
• Portfolio risk/return analysis and profit optimisation.
• Timely response to portfolio related queries to other areas in the bank.
• Accurate and timely responses to ad-hoc reporting requests.
• Ensure that credit files are complete and maintained to an auditable standard.
• Timeliness and quality of credit analysis.
• Protection of the credit risk profile of the portfolios when making recommendations to Credit.
• Timeliness and accuracy in reporting.
• Active participation in projects which will impact upon the Banking portfolio.
• Compliance with bank policies and procedures.

Risk Management

• Related to above.

Governance

• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Responsible for delivering effective governance capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.

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.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Credit Risk, Banking Business Partners, Loan Syndications, Audit

Other Responsibilities

• Embed Here for good and Group's brand and values in PAM Team globally; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions responsibilities associated with the management of the PAM Team are all laid out in this document.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies.
• Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities.
• Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the bank.
• Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections.
• Cooperate with any investigations or reviews on regulatory failure such as accountability review.

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.

The world's best international bank, leading the way in Asia, Africa and the Middle East Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries.

The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities. Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation. Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage.

The world's best international bank, leading the way in Asia, Africa and the Middle East Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries.

The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities. Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation. Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage.