Associate Director, Carbon Markets Development

Job Summary

This role sits within the Chief Sustainability Officer’s Innovation Hub in the Corporate and Investment Bank (CIB) and supports the wider team across carbon finance related initiatives being rolled out for the bank’s Corporate and Financial Institution clients globally. In particular, the role will focus on building up the bank’s capability to originate and execute carbon financing transactions in Singapore alongside building our profile as a leader in carbon markets in the region. The candidate will focus on the development of the Corporate and Financial Institution carbon markets propositions, create marketing materials, support the innovation hub in the development of carbon finance underwriting standards and transaction related memos. Furthermore, he/she will support in the education of frontline, COO and risk colleagues, to support the onboarding of carbon project developers and be an integral part of deal teams related to carbon finance opportunities.

Key ResponsibilitiesBusiness

Corporate Clients:

• Support the buildout of a carbon finance proposition for Corporate clients, identifying key opportunities and developing marketing collateral for business development.
• Work closely with Singapore and other key markets to identify and enable onboarding of high potential carbon developers and other key corporate ecosystem players.
• Support origination carbon finance transactions with a nexus to key corporate clients.
• Support execution of carbon finance transactions including transactional due diligence, performance modelling, credit memo input and deal process management. Number of carbon financing deals embarked on with clients as per MAS KPIs to be included in annual performance objectives.

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Financial Institutions (Including Public Sector and Development Organisations):

• Support the buildout of a carbon finance proposition for FI and PSDO clients, identifying key opportunities and developing marketing collateral for business development.
• Work closely with Singapore and other key markets to identify and enable onboarding of high potential carbon funds, blended finance providers and other key FI ecosystem players.
• Support origination of carbon finance transactions with a nexus to key FI and PSDO clients.
• Support execution of carbon finance transactions including conducting transactional due diligence, performance modelling, credit memo input and deal process management.

Market Advocacy

• Participate in industry initiatives that actively build up Singapore capabilities in carbon market (e.g. Singapore Sustainable Finance Association, Singapore Carbon Market Alliance, MAS or other Singapore Government-led initiatives)
• Support flagship carbon event hosted in Singapore annually for clients and the broader ecosystem.

Processes

• Support development of Carbon Finance underwriting standards for key underlying sectors e.g. Nature-based Solutions, Engineered Removals etc.
• Work with CSO teams and markets to ensure that processes are in place to mitigate key sustainability related risks.

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People & Talent

• Support in driving internal awareness of carbon markets.
• Work with product teams on educating frontline on carbon themed products during product launches.
• Support in equipping front line colleagues with an understanding of carbon markets and sustainable finance; 4 carbon-market training sessions for internal teams annually as per MAS KPIs..

Risk Management

• Support embedding of climate risk management across CIB.
• Support embedding of reputational and sustainability risk management across CIB.

Governance

• Support in ensuring that our carbon finance proposition is in line with our Sustainable Finance governance standards and aligned with industry best practice.

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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.

Key stakeholders

• Client Coverage teams across CIB
• CSO Innovation Hub Leads
• Global Banking Product teams
• Risk and Compliance teams
• Legal
• Corporate Affairs, Brand and Marketing

Other Responsibilities

• Embed Here for good and Group’s brand and values in CPBB Sustainable Finance

Our Ideal Candidate

• 5+ years of experience in financial modelling and/or financial analysis, with strong analytical and commercial skills.
• Experience in financing and investment analysis, including exposure to debt and/or equity financing, valuation, financial structuring and return analysis.
• Good to have knowledge or exposure to Sustainable Finance, Carbon Markets, climate finance or related environmental markets.
• Strong interest in transitioning finance expertise into Carbon Markets, with the ability to assess the commercial and financial viability of carbon-related opportunities/projects.
• Bachelor’s degree in a relevant field, such as Finance, Economics, Business Management, Accounting or a related discipline

Role Specific Technical Competencies

• Sustainable Finance
• Project Due Diligence
• Communications
• Financial Modelling
• Carbon Markets
• Corporate Finance

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.

• 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.

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