Primary Location: Africa & Middle East-United Arab Emirates-Dubai
Schedule: Full-time
Employee Status: Permanent
Posting Date: 09/Aug/2023, 1:11:44 AM
Unposting Date: 05/Sep/2023, 5:59:00 PM
JOB SUMMARY
Drive the Sustainable Finance business in Africa and the Middle East (\xe2\x80\x9cAME\xe2\x80\x9d) for Standard Chartered Bank, contributing to deep and focused strategic conversations with clients around sustainability and sustainable finance, and ensuring that target sustainable finance revenues for AME are met. The role will also entail engagement with internal and external stakeholders at senior level, including engagement not only with clients, but with peers, players in the market, and government amongst others.
RESPONSIBILITIES
Work with the Regional Head of Sustainable Finance (\xe2\x80\x9cSF\xe2\x80\x9d), West, and other SF team members to drive origination, develop strong client relationships at senior levels and be seen as an expert in Sustainable Finance by internal and external stakeholders.
The individual will need to be able to identify and originate SF transactions, be a centre of excellence, and be able to develop and advise on sustainable financing structures in line with industry and local / regional / global trends. The candidate will further have to support the Regional Head with developing and rolling out regional and global strategic initiatives for countries under AME and create relevant partnerships with external organizations that will help further the Sustainable Finance mandate.
Our Sustainable Finance team serves as a centre of expertise on a broad set of ESG topics, providing thought leadership, strategic advice and transaction support for SCB\xe2\x80\x99s clients. The group sits under the Chief Sustainability Officer and works with product, sales and coverage teams to identify and deliver on ESG-related advisory and product opportunities. The role also involves developing strategic relationships with key developmental organizations, to lead the momentum of mobilizing capital to our footprint markets for sustainable projects. The role requires therefore an individual who has extensive experience with banking products, and the ability to structure innovative solutions that can bring together different parties, including the public sector.
The Role described below is for an experienced and self-driven individual who will be responsible for the regional AME business growth and development and who is capable of operating independently and engaging with senior level management both internally and externally with clients and other stakeholders.
Strategy
Work on the development and implementation of client strategies for Sustainable Finance products
Work closely with the Regional Head of Sustainable Finance to develop and execute a plan that would make SC the bank of choice for Sustainable Finance by our clients and other stakeholders in AME.
Work closely with the wider SF team, coverage and product partners to develop an understanding of the competitive landscape and identify prospective partners who can address customer needs and accelerate growth
Work closely with group corporate affairs to build a regional internal / external stakeholder strategy promoting sustainability, ensuring a consistent messaging internally and to the wider market
Business
Drive new sustainable finance transactions and origination across all products, loans, bonds, trade derivatives and deposits amongst others, and achieve the annual assigned budget for AME
Have a good understanding of the client base and proactively build pipeline, identifying core industries
Be able to work with relationship teams to develop client transition plans that encourage decarbonisation
Proactively remain abreast of regional global, and industry developments, assess implications and align and develop Bank relevant initiatives across businesses in response to regulatory and industry developments in sustainable finance
Be fluent in ESG ratings and benchmarking analysis
Develop Sector thematics that describe sustainable finance structure alternatives
Develop opportunities through attendance and speaking at key industry events as necessary.
Processes
Proactively manage the designated Sustainable Finance client and product portfolio to ensure risks are appropriately identified and managed.
Assist product partners in the structuring of sustainable finance transactions, including in the documentation process
Maintain close ties with key internal stakeholders e.g. Coverage, Financial Markets, Transaction Banking, Corporate Finance, Risk, Country CEOs, etc.
Understand and convey / educate key internal stakeholders in AME about various processes, including approval processes for various sustainable finance related transactions, train them on sustainable finance products, and provide updates to senior stakeholders on major developments.
Ensure revenue tracking and tagging is correctly done across transactions on a monthly basis, and produce a monthly update on revenues and pipeline.
Maintain an up to date pipeline tracking progress against the various transactions
People & Talent
Training and capacity building of the regional origination and risk teams, in addition to coverage bankers and product partners
Remain abreast of industry and market developments through regular upscale and training, attending events and webinars, amongst others
Develop more junior members of the team reporting to the role, and ensure they are provided with the right opportunities and that they are provided with consistent feedback on their work
Risk Management
Build and maintain an understanding on environmental and social risks across industry classes
Safeguard the bank against reputational risk damage but proactively developing sustainable finance structures that are in line with global industry best practices
Encourage good and proactive management of environmental, social, regulatory, reputational and ethical risks governance across by all areas of the business
Take the initiative regarding regulatory, reputational and ethical matters, and proactively provide advice to clients.
Governance
Ensure compliance with the sustainable finance governance structure and environmental and social risk management policies. Challenge improvement of these
Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
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.
Lead the Sustainable Finance AME business to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
Regional management, product, and client teams
Chief Sustainability Officer Management Team and Leadership Team
Global and regional heads of Sustainable Finance
Global Head of Environmental Social Risk Management
Global Sustainable Finance Team
CCIB, GB, FM, TB, GCM
External: The Bank\xe2\x80\x99s customers (including senior level), competitors, regulators, investors, Multilaterals, DFIs, and partners
Other Responsibilities
Embed Here for good and Group\xe2\x80\x99s brand and values in Sustainable Finance for Europe; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)
Ability to independently drive initiatives with minimum hands-on supervision, including with developing partnership opportunities
Client-focused with ability to establish and leverage high impact relationships while presenting creative solutions
Strong communication and presentation skills, and stakeholder management skills
Delivery and execution focused
Ability to work with lots of moving parts and complexity
Highly skilled in creation of briefing materials, report writing, preparation of presentations, and understanding of documentation
QUALIFICATIONS
Degree (BA or equivalent)
10-12 years plus banking experience with a minimum of 5+ years of experience in Origination and deal execution
Knowledge of and experience across multiple products (preferred)
Knowledge of environmental and socials risks and ESRM policies of the bank
Ability to promote good teamwork, collaboration and management of conflict across stakeholders
Ability to independently drive initiatives with minimum hands-on supervision
Client focused with ability to establish and leverage high impact relationships while presenting creative solutions
Ability to interact at a senior level with clients and counterparts at other banks
Strong communication & presentation skills, and stakeholder management skills
Delivery and execution focused
Ability to work with lots of moving parts and complexity
Highly skilled in creation of briefing materials, report writing and preparation of presentations
Role Specific Technical Competencies
Sustainable Finance
Banking products understanding
Documentation experience
About Standard Chartered We\'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:
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
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, 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
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.
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Visit our careers website www.sc.com/careers
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