Key Responsibilities
We are looking forExecutive Director, Fund Finance tomaximize customer profitability from FI relationships, originate, lead, structure, execute and distribute fund finance transactions including but not limited to (i) Fund level subscription financing (ii) Fund level NAV financing (iii) GP financing.
Key Responsibilities:
- Achieve the quantitative and qualitative performance objectives set for the fund finance business.
- Originate, lead, structure Fund Finance transactions inclusive of Subscription Finance, NAV, Hybrid and GP/Management Company facilities.
- Cultivate client relationships prospect new financing opportunities through premier product solution offering.
- Lead various strategic programs to achieve capital and balance sheet efficiency.
- Develop new product and new structures to meet client needs and market trends.
- Represent SCB Fund Finance in the marketplace; and has an active role in the Fund Finance Association, which includes key clients, banks, legal counsel, etc.
- Establish and develop relationships with key stakeholders and relevant segment and product partners to efficiently and effectively deliver the product to our clients; maximize return by cross selling to other product groups.
- Responsible for establishing and maintaining governance and oversight of the Global Fund Finance book.
- Manage team to deliver budget, provide coaching mentoring to team where needed and transfer product and market knowledge to team.
- Support and provide guidance on direct reports career development and progression.
- Contribute to the training and development of Fund Level Finance market structures with the wider CIB team globally.
- Support a talent identification process and sponsor development activities that focus on identification of high performing and high potential individuals in the Group's business to ensure a high-quality succession pipeline.
- Drive the change in the talent pool where possible to achieve diversity and inclusion.
- Develop and reward talented people and deliver business goals by active sponsorship and leadership of people management activities.
- Develop a high-performance culture by balancing staff performance on conduct and risk management and revenue growth, and reward people fairly. Lead the way on culture and values to set the appropriate tone across team and work with Management Team members to ensure people are recognised and rewarded adequately
- Balance financial performance with strong risk mitigation and compliance-driven culture.
- Assume accountability for credit risk of subscription finance and other fund finance transactions in conjunction with GAMs and coverage teams.
- Establish Operating Procedure for Fund Finance business.
- Adherence to Group's policies and procedures.
- Ensure business model adheres to SCB values.
Key stakeholders
- Global Head, Fund Finance
- Fund Finance Team
- Global Account Managers
- Regional Heads FSIG, GB
- Global Head, FSIG
Skills and Experience
- Bachelor's degree required
- Masters degree preferred
Qualifications
- 11+ years of experience in commercial banking
- 5+ years of fund finance industry experience
- Strong analytical, quantitative and credit underwriting skills
- Broad financing and capital markets product expertise, and a demonstrated ability to deliver SCB products to FI clients
- Experience in reading, negotiating, and interpreting legal agreements, knowledge of security law in multiple jurisdictions.
- Strong market knowledge in fund finance market
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 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
Expected annual base pay range for the role is 214,240USD to 267,800 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
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.
