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Job Description
Job Summary
Credit Structuring is part of the Global Structuring team in SCB’s Markets division, providing global coverage of the full spectrum of Credit and Interest Rates Derivatives, through our network of product specialists located across markets
The Africa and Middle East (“AME”) Markets Structuring team is responsible for delivering structured products and solutions across our client base in the region across structured hedging, investments and financing
This role is an Associate or Associate Director (depending on experience) within the AME Credit Structuring team
As an Associate you will work closely with Sales, Trading, Legal and other control functions to structure and execute bespoke credit transactions in a variety of formats such as Total Return Swaps (TRS), Credit Derivative Solutions (CDS), Repos, cross currency swaps and margin loans.
Key Responsibilities
Strategy
Provide support to senior structurers in delivering structured Credit business across both Africa and the Middle East
Work closely with Sales to design and execute financing transactions typically serving as an alternative to traditional capital markets
Work closely with Trading teams in Macro Trading, Structured Credit Trading, Equity Financing & Derivatives to deliver financing and investment solutions that meet SCB’s capital, legal and return requirements.
Cover a variety of clients, including Banks, Central Banks, Corporates and Sovereigns and understand their financing and liquidity needs.
Draft transaction documents for various products and derivatives, such as CDS, TRS, Repo, structured cross currency swaps, Special Pupose Vehicle (SPV) notes based on master agreements.
Business
Help build Product and Client Structuring business regionally and ensure the continuing growth and stability of the business
Work with respective FM Product teams and relevant Regional/Country Heads, identify the initiatives needed to grow the Credit Structuring business on a short, medium and long-term basis
Help to build good working partnerships between CIB teams, Product teams and FM sales teams in the region in order to provide a seamless and coordinated interface to our Clients in delivering our structured credit products and services
Work in partnership with stakeholders to deliver new product capabilities to enhance efficiency and expansion of the business
Risk Management
Enforce a culture of risk management and ensure that the teams comply with the risk management processes in place
Provide impartial guidance of matters of product / client appropriateness and suitability.
Discourage transactions with unmanageable market risk profiles.
Ensure that adequate and appropriate systems and controls are in place to comply with Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation
Escalate any risk issues and concentrations.
Where appropriate, carry out remedial action and/or ensure adequate reporting.
Protect the stability, long-term sustainability and reputation of the Bank
Skills And Experience
Financial Risk Management
Quantitative Techniques
Securities Laws and Regulations (SLR) Compliance
Confident and articulate communication
Role is based in Dubai
About Standard Chartered
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 thing and 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
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-off including 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 working options based around home and office locations, with flexible working patterns.
Proactive wellbeing support through 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 culture to 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.
Credit Structuring is part of the Global Structuring team in SCB’s Markets division, providing global coverage of the full spectrum of Credit and Interest Rates Derivatives, through our network of product specialists located across markets
The Africa and Middle East (“AME”) Markets Structuring team is responsible for delivering structured products and solutions across our client base in the region across structured hedging, investments and financing
This role is an Associate or Associate Director (depending on experience) within the AME Credit Structuring team
As an Associate you will work closely with Sales, Trading, Legal and other control functions to structure and execute bespoke credit transactions in a variety of formats such as Total Return Swaps (TRS), Credit Derivative Solutions (CDS), Repos, cross currency swaps and margin loans.
Key Responsibilities
Strategy
Provide support to senior structurers in delivering structured Credit business across both Africa and the Middle East
Work closely with Sales to design and execute financing transactions typically serving as an alternative to traditional capital markets
Work closely with Trading teams in Macro Trading, Structured Credit Trading, Equity Financing & Derivatives to deliver financing and investment solutions that meet SCB’s capital, legal and return requirements.
Cover a variety of clients, including Banks, Central Banks, Corporates and Sovereigns and understand their financing and liquidity needs.
Draft transaction documents for various products and derivatives, such as CDS, TRS, Repo, structured cross currency swaps, Special Pupose Vehicle (SPV) notes based on master agreements.
Business
Help build Product and Client Structuring business regionally and ensure the continuing growth and stability of the business
Work with respective FM Product teams and relevant Regional/Country Heads, identify the initiatives needed to grow the Credit Structuring business on a short, medium and long-term basis
Help to build good working partnerships between CIB teams, Product teams and FM sales teams in the region in order to provide a seamless and coordinated interface to our Clients in delivering our structured credit products and services
Work in partnership with stakeholders to deliver new product capabilities to enhance efficiency and expansion of the business
Risk Management
Enforce a culture of risk management and ensure that the teams comply with the risk management processes in place
Provide impartial guidance of matters of product / client appropriateness and suitability.
Discourage transactions with unmanageable market risk profiles.
Ensure that adequate and appropriate systems and controls are in place to comply with Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation
Escalate any risk issues and concentrations.
Where appropriate, carry out remedial action and/or ensure adequate reporting.
Protect the stability, long-term sustainability and reputation of the Bank
Skills And Experience
Financial Risk Management
Quantitative Techniques
Securities Laws and Regulations (SLR) Compliance
Confident and articulate communication
Role is based in Dubai
About Standard Chartered
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 thing and 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
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-off including 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 working options based around home and office locations, with flexible working patterns.
Proactive wellbeing support through 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 culture to 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.
Job Requirements
Portfolio Management
Market Risk
Qualifications
Years of experience, preferably within a Markets Structuring or related role
Bachelors or Master’s Degree (preferably Mathematics, Science or Engineering-based)
Understanding and ability to price structured products/derivatives and think analytically.
Experience in emerging markets, understanding of local markets and/or local law / regulatory nuances is a plus
Market Risk
Qualifications
Years of experience, preferably within a Markets Structuring or related role
Bachelors or Master’s Degree (preferably Mathematics, Science or Engineering-based)
Understanding and ability to price structured products/derivatives and think analytically.
Experience in emerging markets, understanding of local markets and/or local law / regulatory nuances is a plus
