The Role Responsibilities
Strategy
Maintain independent control over the documentation at all times to ensure that all documentation is drafted in a manner to protect the agent bank and the external risk takers for their independent management within the documentation.
The role will require to further be mindful of the documentation requirements versus the need to balance the management of Standard Chartered clients and our footprint.
Business
Liaise directly with the origination teams, external and internal legal counsel and customers to discuss documentation requirements from both a documentation and business perspective to advise those parties of our drafting requirements.
Processes
Maintain independent control over the documentation at all times to ensure that all documentation is drafted in a manner to protect the agent bank and the external risk takers for their independent management within the documentation.
The role will require to further be mindful of the documentation requirements versus the need to balance the management of Standard Chartered clients and our footprint.
Ensure that all information and relevant systems are managed through our compliance wall thereby supporting our legal appointments as the trustee and intermediary bank that conduit between the client and these risk takers.
All communicated must be kept within the private side of the bank for compliance and confidentiality reasons.
Assist with the management of the receipt and safekeeping of any original documentation within our original documentation procedures.
Proactively manage all day to day transaction issues within the documentation on new or existing clients within the portfolio by offering operations support that may be needed during the life of any transactions.
Resolve documentation issues with the customers and the relationship managers in order to introduce suitable solutions for all parties through documentation amendment or waivers.
Review and communicate all waiver and amendment requests within the client deadline by ensuring that we have acted in accordance with the documentation requirements.
Manage all client requests with the secured creditors by ensuring that we have received the sufficient voting rights or supporting information before we arranging to execute any documentation changes.
Arrange and host client or lender meetings as required by the lenders regarding these documentation breaches, defaults or amendments either through conference calls or client meetings.
Take active ownership of any distressed clients by managing their workout requirements, restructuring conditions, reserving rights, additional security, suspense accounts, trustee management and any required enforcement of the underlying security package.
Manage all distressed client requests by working with GSAM and the secured creditors throughout this distressed period.
Prepare a loan summary, workflow diagrams and deliver a handover meeting towards the appropriate administration team by ensuring that a general operational overview of the transaction was given and further areas of risk or concern were highlighted.
Within these meeting also ensure that any operational risk, key dates, monitoring or reporting requirements are discussed as well.
People and Talent
Coach and guide our administration teams in their management of these client transactions by developing documentation knowledge and skills within the department and bank.
Handle any other responsibilities such as ongoing product development, managing the development of any new products and ensure that we deliver our client opportunities with a quality end to end management.
Risk Management
Support drafting standards, regulatory requirements, mitigate performance risk through documentation solutions,support client opportunities, ensure that problems are managed with adequate communications, manage any root-cause analysis to improve documentation standards and further improve the way in which we work through cost effective and documentation improvements.
Ensure that all actions of the documentation are effective understood and operationally managed thereby creating a robust end to end process in accordance with the Loans Agency and markets standard requirements for that product.
Governance
Develop any administrative and operational procedures to ensure that we are in compliance with SCB’s policies and the any underlying requirements within that product.
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead the Transaction Management Group to achieve the outcomes set out in the Bank’s Conduct Principles : Fair Outcomes for Clients;
Effective Financial Markets; Financial Crime Compliance; The Right Environment. *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
HKMA prescribed responsibilities and Rationale for allocation .
Key Stakeholders
Financing Solutions
Syndications & Distribution transactors
Shipping Finance, Aviation, Leverage Finance
Loans & Agency
Banks
Legal Counsels
Receiver / Financial Advisor
Architect and other professionals
Our Ideal Candidate
University Graduate
5 years Loan documentation skills
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