Director, Credit Analyst

Location: New York

This job is with Standard Chartered Bank, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary    Credit Analysis & Portfolio monitoring
This position is responsible for credit initiation of new clients as well as periodic credit risk assessment of existing Global Corporate clients in the U.S. This would include timely drafting of credit analysis through Business Credit Applications (BCAs) as directed by the Head of Segment/Relationship Managers. Such analysis should be independent and in line with bank approved credit policies and processes and include the following:

• Discuss overall exposure on the Client/Group, rationale for limits (including lending, trade, corporate finance and FX products), assess overall economic loss and determine business and risk approving authorities.

• Assess the dynamics and nature of the Client's/Group's business and industry, including key risk aspects.

• Conduct peer analysis and assess the Client's/Group's competitive positioning within its industry.

• Assess management strength, experience and track record and corporate governance.

• Articulate the Client's/Group's strategy and an assessment of its clarity and associated execution risks.

• Assess funding strategy, financial policy, treasury activity (hedging, cash management) and liquidity.

• Prepare financial spreads and Internal scorecard to assign internal rating grade to the Client.

• Assess balance sheet strength, alongside cash flow and profitability vulnerability, via trend and ratio analysis.

• Assess other pertinent risk aspects and mitigating factors, including country risk, parental and/or governmental linkage/support, holding company risk, collateral evaluation, covenant structure and cushion analysis, relative ranking of indebtedness, structural and / or contractual subordination aspects etc.

• Conduct leveraged lending assessment in line with U.S. regulatory requirement and support with  base and stress case projections to assess repayment capacity over 7 years as well as Enterprise Valuation Analysis (EVA) for high-risk clients.

Key Responsibilities   
• Support completion of mandatory checklists including Climate Risk Assessment, Environment & Social Risk Assessment and Reputational Risk assessment.

• Complete Fraud Risk Assessment for all clients including assessment of red flags in the fraud risk report and trade counter party assessment.

• For FX limits, complete limit review and substantiation exercise in line with Financial Markets Appropriateness and Credit Term Sheet updates based on RM/Risk feedback.

• The position is also responsible for the following portfolio credit monitoring activities:
Completion of annual credit reviews of assigned accounts and re-assess key risks and re-evaluate internal credit grade. Ensure zero annual credit review overdues and minimize review extensions.

• Identify client limits with low / nil utilization and escalate to the respective Relationship Manager for input / additional discussions with product partners and / or clients.

• Prepare interim BCAs to increase / decrease limits, propose amendments/waivers, refresh financial analysis, update Credit Grade (when required), etc.

• Support coverage team in structuring deals and present credit proposals in senior business and risk approval committees.

• Monitor Covenants & Risk Triggers (C&RTs). Raise any breaches under (C&RTs) to Relationship Manager, and Credit.

• Monitor and assess rating agencies actions including downgrades or outlook changes.

• Perform credit stress testing on assigned names, when required.

• Ensure compliance with all internal and regulatory credit / other portfolio related policies in conjunction with GAMs. Support senior Credit Analysts and GAMs in preparing and responding to internal / external audits and regulatory exams.
Skills and Experience   
• Financial Statement Analysis

• Corporate Credit risk

• Financial Forecasting and modelling

• Industry Knowledge

• Relationship Management

• Products & Processes
Qualifications    Key requirements

• Analytical strength - to spot emerging risks, in…