Credit Analyst - C & I Banking

Standard Chartered Bank Ltd
India, IN
Oct 21, 2019
Oct 23, 2019
Contract Type
Full Time
Level of qualification
CIMA, Newly qualified, Qualified
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. The Role Responsibilities Strategy/Business Act as a primary analyst for assigned accounts and secondary analyst for remaining accounts in the Insurance FI segment. Responsible for the front-to-end BCA process of assigned accounts as primary analyst by performing independent, forward looking credit analysis of current and prospective clients and act as a secondary analyst as needed. Plan and conduct the overall credit process for assigned primary accounts with respect to assessments of risks, credit papers, assignment and monitoring of limits, credit grades, as well as proactive monitoring of credit events, including Financial analysis of customers using credit skills; ratio analysis; evaluation of security and collateral; evaluation of parent support policies; judgment of management and strategy. Evaluation and understanding of risk associated with individual transactions, products, borrowers and counterparties. Ensure compliance of all internal and regulatory credit/other portfolio related policies in conjunction with GAM Monitor Risk Triggers, Covenants and other credit conditions and ad hoc credit reports appropriately - preparing reports, escalation, and take actions, as per policy/procedure. Ensure Zero BCA over dues and work to minimize extensions. Processes Proactively manage the designated client portfolio Play a key role in formulating underwriting standards for the insurance portfolio and insurance portfolio-specific credit metrics Coordinate credit audit for the US Insurance portfolio People and Talent Lead through example and build the appropriate culture and values Risk Management In partnership with the GAM, ensure timely identification of accounts to be put in EAR/ASTAR as per the banks policies and guidelines. Preparing the EAR/ASTAR/Adverse news report note based on their own research and inputs from GAM and circulation to relevant stakeholders as per policy/procedure. Contribute to the excess report process, including, but not limited to proposing limit increases or reducing exposures and promptly addressing queries Participate regularly in account planning sessions to ensure familiarity with customer business. Visit/meet customers to conduct credit due diligence of all existing customers with credit lines as part of the annual credit review process. Conduct enhanced credit due diligence to achieve clear understanding of credit risks associated with new transactions. Prepare call reports on credit/risk related discussion, if the CA attended the meeting discussion when in attendance Propose and assist with negotiation of credit terms for ISDA/CSA agreements through preparation of Credit Term Sheets (CTS). Cultivate and maintain close relationships with stakeholders in Risk, Legal, and Compliance Conduct periodic portfolio reviews of assigned segment to assess creditworthiness and initiate ad hoc reviews for clients subject to adverse news or vulnerable to specific economic, market or regulatory events Proactively monitoring market data and risk triggers across the assigned portfolio Take personal responsibility for execution of complex transactions or managing complex relationships with assigned names. Contribute to Stress Tests requests (wherever required or requested by GAM/Risk Management) Regulatory & Business Conduct Display exemplary conduct and live by the Groups 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 Relationships GAMs, FAMs Risk, CRC MDU, Legal and Compliance, where relevant Product partners FCC, where relevant External Relationships Clients Rating Agencies Market Data Services and research providers Other Responsibilities Mentoring and guidance of a junior Insurance CA. Our Ideal Candidate Minimum of 10 years relevant experience gained as a credit/equity analyst, including minimum of 5 years covering US-domiciled and foreign insurance companies in a rating agency, commercial bank or as a regulator. Bachelor's Degree with concentration in Finance and or Accounting, Advanced Certification is a plus (MBA/CFA), Credit training and/or certification with a concentration in the insurance industry from a top rating agency or a regulator. Proficiency in both statutory financial reporting requirements and the US GAAP. Knowledge of the IFRS is a plus. Proficient knowledge of emerging markets capital products and services. Expert analytical ability, focused on the assessment and calibration of credit risk across all of the insurance sub-sectors (Property & Casualty, Life and Reinsurance) Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment Well organized, able to multi-task and balance competing demands Qualifications Pass FI-CC (or approved equivalent) within 6 months of start date or upon availability (if not available in this timeframe). Apply now to join the Bank for those with big career ambitions.