Job Summary
We are seeking an experienced Senior Credit Manager in New York to join our exciting global Specialised Finance Risk team at Standard Chartered Bank. This new role will focus primarily on our U.S. Commercial Real Estate (CRE) portfolio. CRE Finance is an important part of Standard Chartered's U.S. and global strategy and as such our CRE Finance business is highly proactive and dynamic in the U.S. The successful candidate will be working with the Chief Credit Officer as well as other colleagues to drive the risk management of the bank's CRE origination, underwriting, and portfolio.
Key Responsibilities
* Make final credit decisions and rating assessments using subject-matter expertise
* Risk manage a portfolio of unique counterparties and exposures with early-stage detection of credit deterioration, which includes stress testing.
* Work actively with the Bank's Commercial Real Estate Finance Group and other business teams to promote revenue growth whilst protecting Standard Chartered Bank against the downside risks through identification, investigation, mitigation and management of risks.
* The candidate will engage in early-stage deal screening and due diligence of new sponsors, borrowers and transactions, with the ability to analyze complex situations to find solutions. The candidate will further influence deal structuring for best-in-class underwriting standards.
* Present periodic portfolio and industry reviews with senior stakeholders and senior Risk partners.
* Design, maintain and effectively communicate risk control parameters to maintain the risk profile in line with the Group's risk appetite.
Skills and Experience
* Ability to make credit risk decisions / recommendations with semi-complete information, but sufficient to form a sound, well-grounded credit view, in a compressed time schedule.
* Effective engagement with borrowers and sponsors
* Experience in stakeholder management and ability to express and communicate a credit opinion (written and orally).
* Detailed understanding of creditor documentation
* Strong ability to assess a diverse range of counterparties, asset classes and credit scenarios
* Proficiency in stress testing
Qualifications
* Industry: Significant expertise in U.S. Commercial Real Estate
* Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in similar role within the same product / business area.
* Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base.
* Strong understanding of credit risk, financial analysis and structuring, and their application in lending decisions for single counterparty credit risk appetite. This would be gained from an investment bank or a structured finance group of a major international organization
* A desire to grow and learn.
* Regulatory Framework and Requirements: Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role.
* Non-technical Skills: Significant relationship management experience - with external stakeholders at the most senior levels, including regulators.
About Standard Chartered
Expected annual base pay range for the role is 142,819 USD to 214,229 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.
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 thingand 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
Visit our careers website www.sc.com/careers
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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
- Proactive wellbeing supportthrough 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 cultureto 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.
