Standard Chartered Bank - Manager - Collateral Management Team

Manager - Collateral Management Team

Independent control is maintained for the valuation of required collateral for transactional financing of commodity customers; Handing the flow of trade finance transactions which involve negotiable instruments, title documents and/or securities & Coordinating with the relevant stake holders i.e clients, relationship managers, credit officers and other operating units for smooth process flow for usage of facilities & Ensuring that static data is maintained in the in house system (Cocoa). Static date maintenance involves updating of limits as per BCA, SCC and/or DDN as well as stock statements of commodity clients for Borrowing base calculations & Each Borrowing Base must be detailed and monitored to ensure specific requirements are met by the Customer pursuant to the Credit Agreement. & Overseeing the monitoring and reconciliation of the daily position of the required collateral, including daily updates of mark to market valuations of commodity prices & Overseeing the maintenance and the tracking of the value of the underlying goods financed and making margin call to customers as required & All requests for transactional utilization such as loans, LCs, SBLCs, guarantees as well as all payments from current accounts must be pre-approved and checked against credit approvals and deviations/excesses/shortfalls highlighted as applicable for further approval & Responsible for overseeing the handling of regular activities of secured financing under Borrowing Base requirements & On an ongoing basis, this person also ensures the physical safekeeping of all title documents and security and administers the safe custody of these documents Work jointly with officers/associate managers to manage the above processes

Credit monitoring: responsible for monitoring of the credit portfolio

Manage a significant portfolio of facilities protecting the Banks exposure to risk through the constant monitoring of credit facilities and valuation of collateral.

- Jointly responsible for a good relationship with the Banks customers and intermediaries/counter-parties, maintaining and building client relationships and ensuring good utilization of the facility.

- Approval of and ongoing monitoring of transactions to ensure they remain within agreed credit parameters as approved/recommended by RCO/SCO.

- Showing credit risks in a timely manner by reacting to facility excesses and collateral shortfalls.

- Ensuring that proper notification to (risk) management of deviations and deterioration in the Bank's credit risk position takes place.

- Regular liaison with traffic / financial / trading contacts of our clients and intermediaries / counter-parties such as warehouses / surveyors / forwarders / insurance companies etc.

- Providing timely and proper release instructions to warehouses/forwarders and information updates to relevant counter parties such as insurance companies etc

Qualification - CA / MBA (Finance)