Company Info
Standard Chartered Bank – 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. As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East.
1). Principal, DLG
Job ID: 2300003210
Location: Victoria Island, Lagos
Job: Institutional Banking
Schedule: Full-time
Employee Status: Permanent
The Role Responsibilities
- To support the Global Banking Relationship Managers across Africa & Middle East with the structuring and execution of relevant Lending transactions . This role will focus on West Africa origination and execution.
- We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
- To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
- We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
Business:
- Engage with West African target clients to negotiate relevant Diversified Lending transactions (as coordinated by the Client’s Relationship Managers)
- Ensure that relevant transactions are structured appropriately to maximize deal returns while allowing for potential distribution or sell down (as required)
- Work with junior DLG resources in preparation of deal economics, information memoranda, pitch books, presentations, prospectuses, deal summary sheets and other forms of reports as applicable under the supervision of the Diversified Lending Team lead.
- Identify potential cross-sell opportunities from Diversified Lending transactions (i.e. Cash, Trade and Financial Markets) to maximize client revenue and returns without prejudice to the Bank’s Conduct Principle of Fair Outcomes for Clients
- Be jointly responsible to achieve the quantitative and qualitative performance objectives set for the Diversified Lending team
- Develop and maintain relevant industry and product knowledge and stay abreast of developments within the industries or markets in which our clients operate
- Represent Standard Chartered Bank in matters relating to relevant Diversified Lending transactions or applicable industry events (as required).
Risk Management:
- Work with junior DLG staff to prepare financial models to support the structuring and analysis of relevant transactions (as required for each transaction)
- Prepation of credit applications, including detailed analysis of business, industry, financial and management risk under the supervision of the Diversified Lending Team lead.
- Engage with Risk and other internal stakeholders to obtain necessary transaction approvals
- Analysis and negotiation of legal documentation related to Relevant Transactions under the supervision of the Diversified Lending Team lead.
- Proactively identify potential risks or issues which are affecting or may affect the portfolio of relevant Diversified Lending transactions
- Ensure that relevant transactions are structured appropriately for potential distribution or sell down (as required)
- Establish/maintain a good control environment related to Diversified Lending facilities
Processes:
- Ensure that all relevant transactions are compliant with the relevant Country Underwriting Standards, Portfolio Standards and Product Programs (including Country Addendums)
- Work proactively with various stakeholders such as Relationship Managers, Risk, Legal, Finance, etc. to reach financial close on Diversified Lending Transactions
- Contribute to applicable Transaction Approval applications which may be required, such as the approvals for Credit Risk, Global/Regional Capital Allocation Forum, Non-presence Countries, Country Risk Limit Allocation, Underwriting/Portfolio Standards or PPG Deviations, etc
Governance:
- Take ownership of documentation execution for relevant transactions ensuring that all approved or required terms and conditions are correctly reflected in the transaction documentation and all relevant approvals are recorded and stored appropriately
- Ensure compliance with all applicable policies and procedures in relation to booking, monitoring and reporting of relevant Lending transactions
- Prepare the Deal Checklists and review the accuracy and completeness thereof against the deal files for each Lending deal.
Regulatory and Conduct:
- Prepare or contribute to representations to Audit and Regulators with regard to the relevant Lending transactions
- Maintain a functional understanding of Internal policies and external regulatory changes that may affect the Diversified Lending role or the portfolio of relevant Diversified Lending transactions
- Embed the Group’s Values and Code of Conduct in all matters ensuring adherence to the highest standards of ethics and compliance with relevant policies, processes and regulations
- Actively seek to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; and The Right Environment.
Other Responsibilities:
- Perform any other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
- Post graduate Degree in Finance
- 7-10 years experience in structuring and executing complex lending transactions in Africa
- Mandatory Bank e-learnings
- Anti-Money Laundering, Counter Terrorist Financing and Sanctions
- Group Code of Conduct
- (iSAFE) Information Security Awareness for Everyone
- Living with HIV
- Reputation Risk
- Introduction to Operational Risk in Standard Chartered Bank
- Anti Bribery – Mitigating Bribery Risk
- Health Safety & Environment
- Core Credit Curriculum
- Language: Business level English
Role Specific Competencies:
- CCIB – Commercial Loan Review
- CCIB – Financial Analysis
- CCIB – Financial Statement Analysis
- CCIB – Financial Forecasting and Modelling
- CCIB – Legal Analysis
- CCIB – Cross-Selling.
Application Closing Date
4th March, 2023.
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2). Personal Assistant, Financial Markets
Job ID: 2300002733
Location: Victoria Island, Lagos
Schedule: Full-time
Job: Institutional Banking
Employee Status: Permanent
Role Responsibilities
- To relieve the Head, Financial Markets of the burden of day-to-day administrative activities to allow him focus on business strategy and implementation.
- To contribute to project implementation review aimed at ensuring that business goals and targets are met.
- To manage administration processes in the dealing room to ensure a smooth running of the business.
- Assist the FM Business manager in updating and maintaining key business specific MIS and database.
Strategy:
- To work with the FM team with a clear-cut objective and business focus, train and increase professional competencies and put a clear succession/back up plan in place.
- To promote and enhance the reputation of SCB as a leading bank for its Financial Markets services
Business:
- Coordinate the operations of the Head, Financial Markets’ office through document preparation, confident file management and general office maintenance.
- Monitoring the entire FM Team’s compliance with policies and procedures, consistent with the requirements of T&E, G&E register and eProcurements on a regular basis.
- Assist business on queries pertaining to the Dealing Room infrastructure standardization and oversee for effective implementation/adherence by business.
- Communicate induction and exit formalities to FM staff and ensure the induction/exit checklist is updated
- Track daily PnL and assist the Business Manager to generate monthly FM Financial Performance report sourced from DPL Reporting.
- Assist the Business Manager in carrying out research and surveys for use in business presentations
- Assist to prepare presentation, co-ordinating seminars and conferences and maintain key business MIS and database.
- Prepare project reports, documents and preserving electronic and physical files.
- Assist in annual revenue and cost budget process.
- Undertake relevant project implementation review as indicated by the Head, Financial Markets.
- Act as liaison and maintain open lines of communication among senior executive middle management and administrative staff.
- Assist the Business Manager as an alternate DCC in coordinating BCP and ensuring timely update and team awareness.
- Maintain service metric and performance in the division
- Collate and manage the leave plan and handover process
- Ensure job objectives and descriptions are completely filed
- Collate business unit survey and competitive data analysis
- Assist the Head, Financial Markets with personal policy implementation
- Responsible for service quality initiative in the department
- Act as secretary for the division meetings
- Follow up on action points agreed at meetings
People & Talent:
- Responsible for driving appropriate culture and values within the team. Setting appropriate tone and expectations for the team, work in collaboration with risk and control partners across all functions
Risk Management:
- Ensure that adequate and appropriate systems and controls are in place to comply with Group and Business policies, procedures, standards and codes.
- Ensure operational risk management and reporting is an integral part of the business process
- Raise any issues as regards KCSA and ensure thy are promptly investigated and escalated
- Promote an environment where compliance with internal control functions and external regulatory framework is a central priority of the business
- Establish, maintain, and comply with internal policies, procedure, codes and applicable external laws and regulations and adhere to the expected high standards set out in the FM code of conduct.
Governance:
- Responsible for speaking out on emerging risks
- Provide business support on dealing room management, e.g., capacity planning, business continuity, access controls, Service Level Agreements, licensing
- Provide business support in the preparation of governance packs for the Enterprise Risk Committee (ERC) and ensure timely submission to the responsible units
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
Internal:
- Head of Financial Markets, Nigeria and West Africa
- All Financial Markets staff.
External:
- Financial Markets visitors
Other Responsibilities:
- Embed Here for good and Group’s brand and values in Nigeria/ Financial Markets team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Qualifications
- University Degree / Higher National Diploma with more than 3 years’ experience in a medium sized organization
- Generally high level of computer literacy
- Good communication and interpersonal skills
- Should possess sound knowledge of markets and good analytical skills
- Should be proactive, flexible and innovative
- Ability to use own initiatives
- Attention to details
- ACI Dealing Certification
Role Specific Competencies:
- Effective Communications
- Influencing Through Expertise
- Project Management
- Planning: Tactical, Strategic
- Business Development
- Organizational Governance
Deadline: 23rd February, 2023.
How to Apply: Interested and qualified candidates should use the links below to apply: