Associate Director, Fund Finance

Standard Chartered Bank • New York, NY

284d • $128,000 - $160,000 • Hybrid

About The Position

We are seeking a highly motivated and experienced professional to join our team as an Associate Director, Fund Finance. The successful candidate will play a crucial role in maximizing customer profitability from FSIG and FI relationships. This position involves contributing to the origination, structuring, and execution of a variety of fund finance transactions, including but not limited to: Fund level subscription financing; Fund Level Hybrid financing; Fund level NAV financing; and GP financing.

Requirements

• 3-5 years of experience in commercial and/or investment banking or associated disciplines
• Comprehensive knowledge of lending products, including subscription finance industry experience
• Broad financing and capital markets product experience
• Strong analytical, quantitative and credit underwriting skills
• Prior execution experience; working with internal and external counterparties, including clients, legal counsels, peer banks and investors
• Experience in reading, negotiating, and interpreting legal agreements, knowledge of security law in multiple jurisdictions
• Market knowledge in Fund Finance market
• Ability to work with a multi-disciplinary team of professionals

Responsibilities

• Support senior transactors to originate, lead, structure and execute transactions that fit the overall Fund Finance mandate for FSIG and FI clients
• Achieve the quantitative and qualitative performance objectives set for the Fund Finance business
• Cultivate client relationships & prospect 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
• 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
• Prepare financial models, credit memos, documentation to support contemplated transactions
• Origination and execution of transactions
• Business and credit application and approval processes
• Performance feedback and review processes
• Portfolio maintenance, track and review processes
• Balance financial performance with proper 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
• Follows Operating Procedure and Framework for Fund Finance business
• Adherence to Group's policies and procedures
• Ensure business model adheres to SCB values

Benefits

• Competitive salary and benefits to support 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree