Trainee - Risk Management Structured Finance - Others - London, United Kingdom

Job Description

Description of the Business Line or DepartmentGBSU/FTB, London is a Support Unit providing Risk Management, Loan Agency, Operational and IT support to the Global Banking (GLBA) activities of SG in the UK. Broadly speaking, the Risk Management, Loan Agency and Operational support activities are organised under GBSU/FTB/EUR and the IT support under GBSU/FTB/OSD. GBSU/FTB/EUR is positioned as a Middle Office and responsible for the support of specific London based Front Office Divisions of GLBA (primarily AFI, IBD & NAT). GBSU/FTB/EUR, London comprises a staff of c20 personnel and is structured as 3 Teams: • SMO/RM (Structured Finance Middle Office, Risk Management) • SMO/AOM (Structured Finance Middle Office, Agency & Operational Management) • SSM (Structured Solution and Mobility Finance Middle Office) SMO cover circa 10 Business Lines across the relevant GBLA Divisions, whereas SSM is Business Line specific to GLBA/AFI/SSM The core missions of GBSU/FTB/EUR are to: • Engage with GLBA at the outset of new transactions to opine on operational feasibility, review credit applications and term sheets, opine on legal documentation • Manage the Closing processes upon deal execution • Act as a conduit and coordinator between London FO and Paris/Bangalore based Back Offices • Post-execution risk management incl. Risk Reviews, managing Waiver and Amendments, Covenant and Rating follow-up • Operational follow up, Data Quality, RWA, Collateral Management • Loan Agency; including Facility Agent, Security Trustee and Account Bank (Currently around 40 Agency roles) • For SSM specifically; managing the UK Finance Lease Portfolio, incl., management of UK leasing subsidiaries, SPVs, support of booking platforms (Luxemburg, Hong Kong, etc.) Previously operating as a single Team, in Jun-22 the SMO Middle Office was sub-divided into 2 distinct functions RM (Risk Management) and AOM (Agency & Operational Management) in order to: • create segregation between the Credit Risk Management and Agency functions • better align resource to functions performed • enable performance efficiencies through clearer roles and responsibilities The sub-division of SMO follows previous transformative actions including the transfer of Closing tasks to the Middle Office and is designed to enhance overall operational efficiency. Collectively the GBSU/FTB/EUR, London Team of financing and credit professionals manage a portfolio of over 300 transactions with total loan assets (gross outstanding) of cEUR12bn (figs. as at Q1-2022). It is both an internal and external client facing Departmentwill regular (daily) interface with the following stakeholders:

• Front Office origination teams
• Borrowers
• Syndicate banking partners
• Professional advisers / Sponsors
• Internal risk department (RISQ)
• Back Office teams (DMT)
• Legal (both internal and external counsel) & Compliance

GBSU/FTB/OSD, London is the IT support function within GBSU/FTB, London The core missions of FTB/OSD in London are: • Support Syndication Activity: create/enhance existing syndication tools for functional, regulatory or strategic requirements • Support Leasing Activity: primarily the ALFA application for GLBA/AFI/SSM • Vendor Management: supporting applications and managing the relationships with Vendors and act as PLO on associated contracts • Innovation for Syndication: create innovative solutions and features to support in the syndication process The Team comprises c18 Staff (including the Department Head) split between the UK (6) and Bangalore (12) The GBSU/FTB/OSD Team collectively comprise of IT experts, analysts and developers and remain under the hierarchical management of IT. Summary of the key purposes of the role GBSU/FTB/EUR SMO RM This is a Support Unit Team managing Credit and Operational Risk across the various Business Lines of GLBA in London including: • Project Finance (Including Power, Metals and Mining, Oil & Gas, and Infrastructure) • Leverage Finance • TMT Finance • Strategic Acquisition Finance • Real Estate Finance The key functions of the RM role include (but are not limited to): • Collaborating with FO, and other internal stakeholders (incl. SMO AOM) as necessary, on proposed transactions to opine on operational feasibility, reviewing credit applications, term sheets, draft legal documentation etc • Post-closing Credit Risk Management of Deal Life Cycle Events • Covenant Monitoring • Quarterly and/or Annual Portfolio Reviews (incl. Rating Reviews) • Waiver & Amendments • Watch-List & Provision Management • RWA follow up Summary of responsibilitiesThe key responsibilities of the RM role include (but are not limited to): • Reviewing of Loan Documentation and related Legal contracts • Analysis of Financial Statements • Drafting of quarterly and/or annual portfolio review documents • Report on construction progress or operating performance of the assets financed • Identify industry trends • Run sensitivity analysis on financial forecasts and models • Assess country, market, and environmental risks • Liaising, as required with external parties; Borrowers, Banks, Technical/Legal Advisors, Insurers, Valuers, etc. Liaising, as required with internal stakeholders; Front Office, Back Office, RISQ, Legal, Compliance, DFIN, etc Profile requiredCompetenciesCompetencies Description: Knowledge / experience of the following areas: • Structured finance • Transactional risks and commercial rationale • Legal documentation • Industry knowledge (preferred) • Credit analysis skills • Cash flow models • Dealing with customers, banks, and advisers Technical Competencies: • Operational Skills • Regulatory Skills • Communication Skills • Flexibility - Adaptability • Ability to make Decisions • Ability to Work Under Pressure • Analytical Skills • Initiative Qualities • Teamwork Why join usPeople join for the impact they can have on us. They stay for