Standard Chartered Hiring For Credit Analyst at Mumbai

Standard Chartered; Mumbai Suburban; On-site; INR 6,00,000 - 10,00,000; Full time

Job summary

An established industry player is seeking a skilled Credit Analyst to join their dynamic team. In this role, you will be responsible for origination and post-deal account monitoring, utilizing advanced credit tools to ensure quality analysis and compliance. You'll have the opportunity to interact with clients, structure credit solutions, and collaborate with various stakeholders. This is a fantastic opportunity to make a significant impact in a forward-thinking organization that values diversity and inclusion. If you're passionate about finance and eager to contribute to a team that prioritizes ethical practices and continuous learning, this role is for you.

Benefits

Competitive salary

Medical and life insurance

Retirement savings funding

Flexible working options

Proactive wellbeing support

Continuous learning culture

Generous time-off policies

Inclusive workplace environment

Qualifications

• Strong background in credit analysis and risk management required.
• Experience with regulatory compliance and financial statement analysis is essential.

Responsibilities

• Interact with clients to gather requirements and perform due diligence.
• Monitor portfolio quality and ensure compliance with internal policies.

Skills

Credit Analysis

Risk Management

Financial Statement Analysis

Regulatory Compliance

Client Interaction

Portfolio Management

Use of Credit Tools

Education

Bachelor's Degree in Finance or related field

Certifications in Credit Analysis

Tools

Creditlens

RMWB

Raptor

Scorecard

Creditmate

Job description

Role Responsibilities

Origination

• Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.
• Work with RM/product partners in structuring credit solutions for the clients and ensuring the appropriateness of the products.
• Work with the RM, in a) obtaining all pre clearances b) preparing & presenting work-shopping note and c) expediting approvals.
• Responsible for end-to-end BCA process using all the tools like Creditlens, RMWB, Raptor, Scorecard, etc and perform, in-depth analysis of various risks, make quality presentation and ensure fast credit approval.
• Ensure compliance of all internal and regulatory credit/other portfolio related policies e.g. preparing the BCA/ Regulatory checklist, other special reporting requirements, etc.
• Coordinate and prepare for credit meetings.
• Liaise with GAM Credit for limit approval/allocation.

Post Deal Account Monitoring

• Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with ASTAR, EAR processes.
• Ensure timely submission of quality Quarterly Credit/ Performance Reports.
• Review reports from various tools like Fraud Risk Analytics, Credit Analytics etc.
• Monitor Risk Triggers, Covenants and other credit conditions and report appropriately.
• Ensure Zero BCA and CaRT over dues.
• Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.
• Proper maintenance of Credit files and ensuring Audit Ready at any time.
• Attend EAR/Portfolio calls along with the RMs.
• In partnership with the relationship manager, ensure timely identification of accounts to be put in EAR as per the bank's policies and guidelines.
• Work with RM on account management with stressed asset team.
• Embed usage of Credit Risk Analytics and Credit Analytics Framework.
• Ensure portfolio is maintained with high quality both, from credit risk and hygiene perspective.

Others

• Prepare timely Stress Tests wherever required.
• Prepare specific industry study.
• Prepare Credit Opinion reports wherever required.
• Effective use of Creditmate & RMWB and other technology tools.
• Be prepared to do any other activity which might be required from job perspective.

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, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

External

• Clients / Trade associations, legal firms, Accountants etc.

Internal

• Credit
• Relationship Manager
• Other stakeholders (FM/TB/IMO/Audit etc)

Our Ideal Candidate

• The Credit analyst is expected to complete all e-learnings and certifications applicable to the role within defined timelines.

About Standard Chartered

We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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.
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.
• 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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
• Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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