Director, Official Institutions Group

Dubai - Africa, United Arab Emirates

Job Description

Role ResponsibilitiesThe Official Institution Groups sits within the Financial Markets Global Research team. The primary function of the team is to provide rating advisory to the Bank\xe2\x80\x99s sovereign and multilateral clients \xe2\x80\x93 workstream referred to as Sovereign Ratings Advisory (SRA) for the purpose of this . The SRA function provides Governments and select Multilateral clients with strategic advice on how to best manage their credit ratings and position their sovereign credit narrative with the three main credit ratings agencies (CRAs): S&P, Moody\xe2\x80\x99s and Fitch. They team acts as a conduit between the sovereign / multilateral clients and the CRAs by facilitating various interactions throughout the year.Strategy/Business
  • Deliver the SRA mandate across the following areas of engagement:
  • Sovereign / Multilateral review meetings and engagements with Credit Rating Agencies (CRA)
  • Facilitate dialogue with CRAs at key forums
  • Deliver capacity building and rating strategy/ roadmap to clients (as applicable)
  • Helping clients devise communication strategy around credit positioning for CRAs and Investors
  • Lead interactions with senior government officials and staff at Multilateral Development Banks (MDBs) on all matters relating to SRA
  • Ensure highest standard of client management and advisory
  • Assist and advise clients in obtaining / maintaining ratings from international rating agencies including advising on rating related matters, such as methodologies and processes
  • Bring strategic thought and vision as to how the sovereign credit landscape regionally/globally is evolving and where areas of opportunities and challenges lie for the Bank\xe2\x80\x99s sovereign and multilateral clients
  • Build and maintain working relationship with Senior Leaders in Rating Agencies, other key official sector stakeholders
  • Maintain team\xe2\x80\x99s interaction and visibility with key senior analysts, to deepen understanding on their line of thoughts
  • Demonstrate Familiarity with rating agency methodologies. Prepare thematic or industry notes for internal senior management and potentially external clients.
  • Provide ratings expertise in strategic banking/ advisory deals with multilateral institution clients
  • Provide the bank with global sovereign debt insight and expertise
  • Drive efforts to ensure the Bank is up to speed on the latest efforts relating to sovereign debt distress and the related impacts
  • Provide technical knowledge around sovereign restructuring and related impacts
  • Represent the Bank in various fora such as GSDR, IIF, Paris Club
People & Talent
  • Lead the SRA mandate execution process and ensure delivery of high-quality work within timelines
  • Demonstration of adherence to the management principles for effective risk and control and the Group\'s fair accountability principles
  • Contribute to a culture in which all stakeholders feel safe to raise concerns and risk and compliance matters are addressed
Risk Management
  • Understand and ensure compliance with applicable laws and regulations, the Groups policies, procedures and the Group Code of Conduct
  • Effectively identify, escalate, mitigate and resolve risk and compliance matters
  • Mitigation of risks and resolution of issues in a timely manner
  • Adherence to laws and regulations, internal risk and compliance policies and the Group Code of Conduct
  • Completion of all mandatory risk and compliance training including e-learning
  • Ensure compliance with applicable Group policies on sovereign ratings advisory, including continued alignment with the sovereign rating advisory PPG and the SRA Best Practices Paper
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment, SRA Best Practices Paper
  • FCA prescribed responsibilities as defined for a Client Dealing Function (CP - CDF)
Key stakeholders
  • Build a broad and effective network within and outside the bank
  • Senior leaders and key decision makers at Governments, MDBs, and Official Sector institutions as applicable
  • CCIB, Financial Markets and FI coverage partners as applicable
  • Senior Stakeholders at Rating Agencies
  • Key Competitors
  • FM teams on Official Institutions related conversation
  • GCM Origination teams on MDB ratings related matters
  • Other relevant business stakeholders
QUALIFICATIONSTRAINING, LICENSES, MEMBERSHIPS AND CERTIFICATIONS
  • EDUCATION Bachelor degree in Banking or Finance preferred.
  • TRAINING Relevant experience in banking or other relevant environment
  • LICENSES
  • MEMBERSHIP
  • CERTIFICATIONS Risk & AML certified as stipulated by Bank policy
  • LANGUAGES English required
Our Ideal Candidate
  • Risk Management and Internal Controls
  • Manage People
  • Risk Management - Operational
  • Business - Market Knowledge
  • Business - Products and Processes
  • Ratings Advisory
About Standard CharteredWe\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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:\xc2\xb7 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\xc2\xb7 Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well\xc2\xb7 Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termIn line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.\xc2\xb7 Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations\xc2\xb7 Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum\xc2\xb7 Flexible working options based around home and office locations, with flexible working patterns\xc2\xb7 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\xc2\xb7 A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning\xc2\xb7 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.Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.Visit our careers website

Standard Chartered

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Job Detail

  • Job Id
    JD1657270
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai - Africa, United Arab Emirates
  • Education
    Not mentioned