Job Summary
We are seeking a highly skilled and experienced professional to join Standard Chartered as an Executive Director, Fund Finance. This pivotal role, based in our New York office, offers an excellent opportunity to steer and expand our fund finance operations, ensuring alignment with global standards while responding to regional market dynamics.
The successful candidate will bring a deep understanding of fund finance structures and services, coupled with strong stakeholder management capabilities. You will be responsible for promoting best practices, upholding compliance, and fostering innovation within the team.
Responsibilities
Strategy
• To maximize customer profitability from FI relationships, originate, lead, structure, execute and distribute fund finance transactions including but not limited to (i) Fund level subscription financing (ii) Fund level NAV financing (iii) GP financing.
• Establish and maintain governance and oversight of the Global Fund Finance book.
Business
Responsible for:
• Achieve the quantitative and qualitative performance objectives set for the fund finance business.
• Originate, lead, structure Fund Finance transactions inclusive of Subscription Finance, NAV, Hybrid and GP/Management Company facilities.
• Cultivate client relationships & prospect new financing opportunities through premier product & solution offering.
• Lead various strategic programs to achieve capital and balance sheet efficiency.
• Develop new product and new structures to meet client needs and market trends.
• Represent SCB Fund Finance in the marketplace; and has an active role in the Fund Finance Association, which includes key clients, banks, legal counsel, etc.
• 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.
Qualifications
• 11+ years of experience in commercial banking
• 4+ years of fund finance industry experience
• Strong analytical, quantitative and credit underwriting skills
• Broad financing and capital markets product expertise, and a demonstrated ability to deliver SCB products to FI clients
• Experience in reading, negotiating, and interpreting legal agreements, knowledge of security law in multiple jurisdictions.
• Strong market knowledge in fund finance market
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.
Recruitment Assessments
Expected annual base pay range for the role is 275,000 USD to 380,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations
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 www.sc.com/careers
