Securitization Senior Credit Officer, Specialized Finance Risk

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.

Key Responsibilities   The role holder will be responsible for:

• Managing credit risk within the second line of defence ("2

LoD") within the Specialised Finance ("SF") Risk for Corporate and Investment Bank ("CIB").

• This opportunity will suit a Senior Credit Officer / Executive Director equivalent profile with the relevant background and +10 years proven expertise in asset-backed financing / securitisation and/or Private Credit / Middle Market / Leveraged Finance in the US markets.

• Experience in warehouse, asset-based finance and traded asset backed securities across geographies and asset type (ABS, CLO, RMBS, CMBS, ABL, ABF) preferred.
The role will require:

• Experience gained from an investment bank or a specialised / structured finance group of a major international organisation and a relevant degree from a top-tier university.

• Strong understanding of credit risk, financial analysis, structuring, stress testing and jurisdiction risk, and their application in lending decisions for single counter party credit risk appetite.

• Able to manage credit risk appetite with early-stage deal screening, detailed due diligence, and timely execution of transactions with credit memo analysis and independently written Risk recommendations.

• Early-stage deal screening and due diligence of new transaction requests, with the ability to unpack complex situations or niche sectors to find out-of-box solutions, and value creation for clients.

• Influence structuring for best-in-class underwriting and to achieve successful and timely transaction execution and syndication.

• Champion business initiatives which promote revenue growth whilst protecting against the downside risk by identifying the short- to medium-term risks.

• Credit approve 1

LoD prepared credit applications and rating assessments using subject-matter expertise and manage a portfolio of unique counter parties with early-stage detection of credit deterioration (Early Alert Ratings), which includes stress testing.

• Prepare and present periodic portfolio monitoring reviews with senior 1

LoD stakeholders and senior 2

LoD Risk partners.

• Ensure that the relevant 1

LoD and 2

LoD owners understand and accept their risk management responsibilities, where risks are managed and risk-return trade-offs are made, in line with Credit Risk frameworks.

• Proactively seek for improvements in 2

LoD and lead associated internal initiatives related to governance, regulatory, policy, or risk driven reporting.

• Ensure a robust effectiveness review process to Credit Risk and escalate significant matters and / or gaps in implementation to senior management and the relevant committees.

• Monitor compliance of approved risk appetite using the risk information reporting and highlight significant matters to the attention of senior management and senior risk committees.

• Maintain and influence a culture of good conduct in the Risk function and embed the Risk culture statement.

• Represent SF Risk in business meetings, client due diligence and conferences, seminars

• People leader, team player and solid independent professional.  Highly adaptable to cross-cultural environment and working closely with a multitude of professionals from various geographies and nationalities.

• Promote Risk to the wider organization and partner Risk peers (including market risk, policy and governance, and enterprise risk management) for risk wide initiatives.

• Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role
Qualifications

Education:

University Degree

Experience:

+10 years relevant experience in asset-backed financing / securitisation and/or Private Credit / Middle Market / Leveraged Finance in the US markets
Experience in warehouse, asset-based finance and traded asset backed securities across geographies and asset type (ABS, CLO, RMBS, CMBS, ABL, ABF) preferred.
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