Overview
We are seeking an individual to join our team at Standard Chartered Bank in New York. The successful candidate will be working directly with the Executive Director, Head, Loan Syndicate, Americas as well as other team members to maximize the executive’s efficiency by managing time, communication and logistical needs.
We are seeking a highly organized, proactive, and discreet Director, Loan Syndicate, Americas to support our team. The ideal candidate is a master of prioritization who can anticipate needs before they arise. You will assist in providing information around Syndication strategy that is accurate and detailed for Underwriting Applications on a timely basis (i.e., resulting in minimal to no delays with respect to the transaction), according to the standard and format stipulated by Global Head, Loan Syndicate. You will ensure timely and accurate submission secondary sales are inputted into the Deal ticket system. You will be expected to assist originations in the preparation of client pitchbooks, deals teasers and RFP responses where necessary.
We appreciate self-driven candidates who excels in supporting the team in the preparation of internal performance review presentations and Investor Feedback capturing. The ideal candidate must be ready to lead through example and build the appropriate culture and values, as well as setting appropriate tone and expectations from the team and work in collaboration with risk and control partners. We believe that a willingness to acquire new skills will contribute to success in this role.
Key Responsibilities
- Assist the development and management of distribution capabilities of Loan Syndicate in the Americas as part of the implementation of the global Loan Syndicate strategy. Financial risk verticals include Fund Finance and also other corporate and institutional financing verticals
- Revenue – Help deliver the Regions and the overall Global TPI budget.
- Develop and manage distribution channels to bank and non-bank investors.
- Actively participate in determining Syndicate & Financing Risk strategy, which aims to maximise shareholder value, identifies, and creates areas of competitive advantage and aligns to the overall strategic direction of Syndicate & Financing Risk and CIB.
- Distribution – Develop relationships with the loan investor universe, in order to achieve primary and secondary distribution volume targets whilst maximising skim income.
- Risk – Assist in reducing stick positions through sales and distribution across our footprints.
- Compliance – No breaches of compliance standards
- Assist senior directors to coordinate with the business lines, to review deal structures, to optimize sell down timing, to monitor the bank underwriting exposure, with market sounding, pricing to market, internal reporting, maintaining market and client databases and execute the distribution strategies of primary syndicated loans.
- Assist the bookrunning processes of Americas transactions whilst ensuring stakeholders are updated consistently on the primary syndication process.
- Assist via bookrunning other regions’ transactions whilst ensuring stakeholders are updated consistently on the primary syndication process.
Day-to-Day Tasks
- Assist distribution of secondary loans for the Bank alongside Portfolio Management.
- Provide loan market intelligence to Financing Solution Team and other product partners.
- Adherence to and promotion of governance, compliance and risk standards.
- Provide pricing feedback to various teams in Global Capital Markets as and when requested.
- Provide market intelligence to contribute to underwriting decisions and help in monitoring of underwriting risk.
- Manage the team’s market comparable pricing and transactional database with analytical output provided to the wider team as required.
- Write and maintain investors meeting reports and deal pipeline.
- Coordinate with compliance on KYC process and monitoring.
- Ensure timely and accurate update of underwritten deals status in internal systems.
- Provide syndication support to product partners and syndication team on various transactions.
- Draft T&C offer sheets according to the specifics of each transaction ensuring that they are accurate and contain the necessary marketing information as stipulated from time to time by Legal & Compliance.
Additional Responsibilities
- Responsible for underwriting, syndication and distribution of syndicated loans in the Americas
- Ensures that syndication and distribution 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 any audit and compliance issues are resolved in a timely manner
- Ensure that risk management matters are brought to my attention are subject to direct remedial action and/or escalated, where appropriate to relevant risk committee.
- 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.
- Accountable for escalation and/or other Group governance committees or stakeholders in senior management, risk or control functions.
Skills and Experience we look for
- Experience in syndication and fund finance transactions
- Project finance, corporates and Commercial Real Estate (CRE) experience
- Cross Selling
- Customer Behaviour and Preferences
- Addressing Client Needs
- Client Relationship Management
- Investment Credit Risk
- Knowledge of Loan Underwriting
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.
Recruitment Assessments
Expected annual base pay range for the role is 200,000 USD to 280,000 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
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.
Visit our careers website www.sc.com/careers