Associate, Islamic Origination – UAE National Preferred

RESPONSIBILITIES

• Support Islamic Origination team in achieving the quantitative and qualitative performance objectives for the assigned region/countries – covering Capital markets, Financing Solutions, Leverage & Acquisition finance, Project & Structured finance, Financial Markets etc.
• Support senior team members in delivering the overall Islamic budget.

Strategy

• Explore / develop new markets and relationships
• Embed Saadiq across Corporate & Investment Banking (CIB) businesses  
• Maintain market intelligence on different markets where Islamic products are offered, and track competitors moves 

Business

• Support and deliver Islamic Origination business budget in all assigned regions / geographies
• Build strong working relationships with CIB relationship teams and key conventional Product partners (Capital Markets, Financing Solutions, Leverage & Acquisition Finance, Project & Structured Finance, Financial Markets) across all regions to jointly market/pitch, originate, structure, execute, and distribute Islamic structured deals.
• Prepare pitchbooks and other marketing materials for internal and client marketing activities.
• Manage / support end-to-end deal execution including deal structuring, preparing term sheets, negotiating terms (pertaining to Shariäh compliance) with the client, securing mandates and dealing with external/ internal counsel to develop and review facility documentation.
• Seek guidance/ secure approvals from the Bank’s Shariah advisors to ensure that the transaction remains in line with Shariah compliance requirements.
• Develop relationships with key Islamic investors (Banks/Fls) to syndicate and distribute transactions, working with senior transactors.
• Work with the Bank’s operations and processing teams to ensure proper execution of the transactions and post-execution follow-ups and trainings.
• Co-ordinate with Product Development unit to develop and tailor products & solutions to suit client needs, and in line with market offerings.
• Liaise with external industry publications for marketing strategies, award write-ups and submissions, case studies etc.
   

Processes

• Build relationships with business partners to manage operational processes.
• Build relationships with support departments to manage operational processes.

People & Talent

• Lead through example and build the appropriate culture and values.  Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Ability to work in a multi-disciplinary team of professionals.
• Be part of the team providing ongoing training and development of staff, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.

Risk Management

• Ensure a full understanding of the risk and control environment in area of responsibility

Governance

• Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.
• Zero tolerance on Shariah appropriateness and sustainability issues. 

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Support Islamic Origination team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; The Right Environment. 

Key Stakeholders

Internal

• Transactors in Product teams
• Relationship Managers 
• Syndication & Distribution.
• Operations
• Loans & Agency
• Legal and Compliance.
• Risk functions    External
• SCB Shariah Committee
• Management of clients and prospects.
• External legal counsel 
• Peers in other banks in the market, and other industry and professional associations

External

• SCB Shariah Committee
• Management of clients and prospects.
• External legal counsel 
• Peers in other banks in the market, and other industry and professional associations

Other Responsibilities

• Embed Here for good and Group’s brand and values in the Islamic Origination team 
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualification

• Education – Post Graduate / Graduate in relevant field
• Training – Experience in Corporate and/or Investment Banking; knowledge of Islamic banking preferred
• Languages – English & Arabic

Role Specific Technical Competencies

• Corporate Banking
• Corporate Finance / Structuring 
• Islamic Banking

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.