Analyst, Stressed Asset Grop

Standard Chartered India; Bengaluru; On-site; INR 2,500,000 - 3,500,000; Full time

Job summary

Standard Chartered India seeks a senior professional to oversee stressed exposures across CCIB, supporting Head SAG and senior teams in risk mitigation, valuation work, and capital management. You will collaborate with risk, GCM, and FM/Sales to optimize RWA, liquidity, and asset disposals while ensuring regulatory and governance standards are upheld.

The role emphasizes enterprise valuations, structuring new money requests, and maintaining disciplined risk controls to improve RoTE for CCIB and

Qualifications

• Strong financial analysis and capital management skills.
• Experience with portfolio management and ALM.
• Knowledge of commercial loan reviews.
• Understanding of financial products and markets.
• Legal analysis capability.

Responsibilities

• Asset management of complex exposures.
• Assist Head SAG and ED SSA in risk-mitigated asset management (novate/assign/risk participate) and servicing where appropriate.
• Assist SAG's enterprise valuation function, producing valuations for strategy and IFRS 9 provision requirements.
• Risks are properly assessed and impairment considered as appropriate.
• Account objectives, strategies and action plans are formulated 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.
• Develop relationships with investors, private equity and distressed debt traders for sell-down strategies.

Skills

Financial Analysis

Financial Statement analysis

Business markets

Capital management

Commercial Loan review

Portfolio Management

Financial Products and Markets

Asset and Liability Management

Legal analysis

Education

Graduate qualifications (or conversions): Post

Job description

Job Summary

Assist Head SAG, CPM implement the strategy for CPM as it relates to management of stressed exposures across CCIB globally. Stressed exposures to include legacy CG 13 to CG 14 exposure to be managed by Stressed Asset Group, all new CG 13 and CG 14 exposures effective 1 January 2022, and any other exposure(s) across the CCIB balance sheet with imminent signs of impending stress. Ensure adherence to CPM business conduct framework in implementing this strategy.

Reinforce the principle of first line ownership of risk in managing emerging risks in the CCIB portfolio, ensure timely detection and mitigation of such emergent risk, and collaborate with Risk, and FM/GCM teams in managing down the overall stressed asset portfolio aimed at improving the overall RoTE for CCIB and the Group.

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.

Key Responsibilities

Primary Role

• Asset management of complex and large exposures requiring corporate finance input
• 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

Purpose

• 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 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

Reinforce first-line ownership of risk and origination discipline/ Risk Management

• 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

Reduce P&L Volatility While Managing Returns

• Drive continuous improvement of the operational efficiency and effectiveness of the process to increase the consistency of global systems and processes. This should enhance the business experience by process simplification and ease of doing business which is not limited to origination, credit and distribution

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
• Drive continuous improvement of the operational efficiency and effectiveness of processes to increase the consistency of global systems and processes. This should enhance the business experience by process simplification and ease of doing business which is not limited to origination, credit and distribution

Risk Management

• Ensure there are appropriate frameworks in place so that the Structured Solutions & Advisory business within Stressed Asset Group business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed in conjunction with direct reports and other stakeholders
• Ensure compliance with the highest standards of regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines
• Ensure any audit and compliance issues relating to Structured Solutions & Advisory business within Stressed Asset Group business are resolved in a timely manner

Governance

• Accountable for escalation to CPMMT and other Group governance committees or to stakeholders in senior management, risk or control functions as appropriate

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

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

Education

• Graduate qualifications (or conversions): Post