Associate Fund Finance

Job Title

We are seeking an individual to join our team at Standard Chartered Bank in New York.

Job Description

The successful candidate will be working directly with the Director, Fund Finance as well as other team members to manage and structure credit and financing solutions for investment funds focusing on credit analysis, transaction execution, and portfolio monitoring. We are seeking a financial expert with experience in transaction execution, risk management, due diligence, documentation and reporting as well as relationship management to support our team. The ideal candidate should be analysing, modelling, and evaluating fund financing facilities. You will be assisting in the structuring, negotiation, and closing of financing deals. We appreciate self-driven candidates who excel building and maintaining strong relationships with fund managers, legal teams and stakeholders by preparing credit applications, reviewing loan reports, and authoring in-depth credit research reports for internal and external use. The ideal candidate must be ready to focus on maintaining financial records, calculating net asset values (NAVs), preparing financial statements, and ensuring regulatory compliance. We believe that a willingness to acquire new skills will contribute to success in this role.

Key Responsibilities

To maximize customer profitability from FI relationships, contribute to origination, structuring, and execution of fund finance transactions including but not limited to (i) Fund level subscription financing; (ii) Fund Level Hybrid financing; (iii) Fund Level NAV Financing; and (iv) GP financing. Assist to maintain governance and oversight of the Global Fund Finance book. Assist in portfolio management of the global Fund Finance portfolio Prepare and present management reports Monitoring of the global portfolio; ensure fund finance business conforms to the Global Underwriting Guidelines, the relevant Product Program Guidelines, and all policies and procedures. Support senior transactors to originate, lead, structure and execute transactions that fit the overall Fund Finance mandate for FI clients Contribute to the quantitative and qualitative performance objectives set for the Fund Finance business; Cultivate client relationships & protect new financing opportunities through premier product & solution offering; Support the development of new products and new structures to meet client needs and market trends; Represent SC Fund Finance in the marketplace; provide connectivity with banks and market partisans of the products covered; 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; Prepare financial models, credit memos, documentation to support contemplated transactions

Day-to-Day Tasks

Portfolio maintenance, track and review processes Origination and execution of transactions Business and credit application and approval processes Client due diligence & legal documentation processes Balance financial performance with proper risk mitigation and compliance-driven culture; Assume accountability for portfolio management and management reporting Follows operating Procedure and Framework for Fund Finance business Adherence to Group's policies and procedures Ensure business model and adheres to SCB values

Qualifications and Skills We Look For

1-2 year of experience in commercial and/or investment banking or associated disciplines Comprehensive knowledge of lending products, including subscription finance industry experience Strong analytical, quantitative and credit underwriting skills General market knowledge in Fund Finance market Ability to work with a multi-disciplinary team of professionals

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.