Associate, Corp. Development at Standard Chartered

Job Summary

Team is responsible for the acquisition and disposition of businesses, management of portfolio of strategic equity investments and divestments.

Transactions include:

• Acquisitions and disposals of companies or banks, businesses, product or customer capabilities and portfolios to strengthen the core franchise of the bank.
• Strategic investments, alliances and joint ventures.
• Organic new market entry strategy by way of a representative office, branch or subsidiary.
• Special projects such as subsidiarisation and equity raisings.
• Executing transactions including (a) evaluation and preliminary assessment; (b) process/project management; (c) negotiation, signing and internal approval.
• Managing internal approvals.
• Corporate Development function works with Country and Global Business CEOs to identify opportunities to initiate or exit corporate investments, managing corporate investments on an ongoing basis, including opportunities with SC Ventures.
• Work closely with Global Business CEOs, the Group functional leaders and external advisers on transaction execution

Key Responsibilities

• Evaluate the performance of the Group (and that of each of its portfolio of businesses) against its strategic ambitions, its own financial framework and market expectations. Consider and proactively discuss the optimum allocation of resources around the Group and any choices it may have to re-allocate capital and improve performance:
  • Consider the capital resources available to the group.
  • Anticipate the challenges the Group will face and present solutions to mitigate those challenges.
  • Review transaction opportunities aligned with the strategic agenda of the Group:
  • Understanding of the strategic ambitions and challenges of the Group and each Business.
  • Establish a vision: proactively seek opportunities to pursue the growth agenda of the Group.
  • Engage in an active dialogue to anticipate solutions to the growth agenda and challenges the bank faces in its various markets.
  • External focus: maintain close relationships with potential partners, competitors and advisors to understand best practice and strategic aspirations.
  • Execute on all elements of the strategic initiatives listed above

Skills and Experience

• Team player who enjoys working closely with colleagues in an agile environment.
• Ability to grow a network in the bank across different functions, businesses and markets.
• Understanding of banking sector corporate finance principles (M&A, investments, strategic alliances, joint ventures, etc
• Strong judgment and intellect combined with analytical and decision-making skills.
• Excellent communication (oral, written and presentation) and interpersonal skills.
• Ability to deliver time-critical projects and work in diverse project teams.
• Positive contributor to team in terms of ideas and knowledge.