Standard Chartered Bank Credit Analyst - Jobs in Nigeria

Standard Chartered Bank Credit Analyst - Jobs in Nigeria

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

We are recruiting to fill the position below:

Job Title: Credit Analyst

Job ID: 2200020697
Location: Lagos
Schedule: Full-time
Job: Institutional Banking
Employee Status: Permanent

Role Responsibilities

Strategy:

Insightful: Attened to the needs of two audiences - Client Coverage and Risk - the analysis should provide a forward-looking, focused opinion on the likely development of both business and financial risk elements in their industry / geographic context together with a calibrated articulation of key risks and potential mitigants thereto.

Relevant: As well as a holistic counterparty assessment, analysis should comment on structural elements relevant to SCB’s existing or proposed exposure such as guarantee and security arrangements

Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical

Active partnership with Client Coverage in completion of Risk Profile, Compliance Details, as well as proposed Covenants and Risk Triggers

Overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis and is a key element of the strategy.

Business:

To partner the team’s two key stakeholder communities, Client Coverage and Risk, supporting the former in developing and executing their client strategies and both in respect of credit analysis-relevant matters.

Processes:

Timely drafting of credit analysis as directed by the relevant Team Leader. Such analysis should be Insightful, Relevant and Succinct (see Strategy) and include the following, inter alia:

Evaluation of risks associated with particular proposed transactions, where required

Completion of Group Mandate/BCA Part 1, Part 2, financial analysis/spreads, scorecards

Ensure use of appropriate calculator in alignment with Credit Policy for relevant approvals (e.g. Raptor, Group Aggregation Calculator)

Complete ESRA (Environment and Social Risk Assessment) Checklist;

For Cat 2 lines, complete Financial Markets Appropriateness and GWWR Attribute checklist;
For Cat 2 lines, Credit Term Sheet updates based on RM/Risk feedback

Supporting business on structuring deals

Documentation support on credit aspects and working with IMO on BCA reworks

Testing and Monitoring Covenants & Risk Triggers

EAR & ASTAR reporting/updates to credit

Seek pre-approval endorsements (where applicable)

Preparing country specific regulatory check-lists (where applicable)

Credit stress testing

CCC Certification

Preparation of other analysis as directed by the relevant Team Leader, such as Industry specific reviews, portfolio reviews, assessments of new prospects etc.

Risk Management:

In respect of Clients where the role-holder is assigned as analyst:

Proactive monitoring of key entity or industry wide events and/or developments, as well as of covenants and risk triggers where applicable

Partnering Relationship Managers in pursuing their client strategies through proactive idea generation, support in preparing materials for client discussion and through ensuring they are always fully briefed on key risk aspects

Partnering Risk through clear presentation of credit analysis and proposed credit grading, as well as through proactive and considered discussion of key risk aspects

Accompanying Relationship Managers on client visits, as part of general due diligence in respect of credit analysis

Acting as a broader point of expertise in respect of credit aspects with Product and others across SCB

Coordinate and conduct Stress Tests and portfolio review exercises for periodic check on the health of the portfolio;

Preparation of other analysis, such as Industry specific reviews, portfolio reviews, etc.

Governance:

Maintaining integrity in analysis at all times is critical. This includes

frequent and iterative discussion with both Client Coverage and Risk around draft analysis, key sector / geographic trends, as well as discussion of covenants, risk triggers and the like.

It involves proactive idea generation and discussion with Client Coverage around potential business opportunities for SCB, assisting both Client Coverage and Risk around transaction structuring and execution, where relevant, and identifying and alerting stakeholders of emerging risk aspects on a continuous basis.

Manage the credit change process globally across teams when credit policy changes are enacted, analyze gaps and propose solutions that optimize execution

Coordinate regional / global efforts to ensure compliance with BCA/GM renewal policies, CaRT and other credit administration processes

Ensure zero BCA/credit review over dues and work to minimize extensions

Take end-to-end ownership of Compliance with Service Level Agreements between CoE and spoke countries (where applicable), specially with regards to performance under these SLAs. Conduct regular review meetings with spoke countries to discuss feedback regarding the CoE’s performance & formally minute these meetings.

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.

Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key Stakeholders

Internal Relationships:

GAMs, RAMs, FAMs

Risk

Product partners

CDD, where relevant

Legal, Audit and Compliance, where relevant

Physical Commodity Operations, where relevant

External Relationships:

Clients

Rating Agencies

Market Data Services providers

Key Requirements

Educational Qualifications:

Post-Graduates / or professional (e.g. CFA) qualification preferred, but not mandatory

Sound knowledge of accounting and financial principles gained by experience or qualification

Pass CCC / FICC credit certification (or approved equivalent) within 6 months of start date or upon availability (if not available in this timeframe)

Experience & Skills:

Minimum of 10 years’ relevant experience gained either in banking, treasury or accounting environment

Knowledge of emerging markets capital products and service as well as experience in assessment of credit risk in large segments.

Strong analytical ability, focused on the assessment and calibration of credit risk

Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment

Able to hold credible dialogue at all levels of the organisation, as well as with clients

Well organized, able to multi-task and balance competing demands

Our Ideal Candidate:

Management and Leadership - Ability to prioritise, delegate, develop and motivate people.

Analytical strength - to spot emerging risks, in particular forward looking industry trends.

Gravitas - to engage with Relationship Managers and Clients alike, have the ability to challenge in a constructive manner.

Collaborative - to work in partnership with stakeholders to ‘get things done’, fulfilling the Job Purpose

Application Closing Date

19th August, 2022.

How to Apply

For more information and job application details, see;
Standard Chartered Bank Credit Analyst - Jobs in Nigeria

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