Director, Commodities Structuring

About the job

The Global Markets division of ICBCS offers sales, structuring and trading expertise to our clients across a range of products, with particular strengths in Emerging Markets. The Global Markets division comprises of two core businesses, namely Commodities and Fixed Income and Currencies (FIC).

The Commodities business provides trading, sales, working capital solutions and structuring expertise through its Metals and Energy teams. The division's expertise extends to the management and financing of physical commodity inventories across these asset classes.

The FIC business offers a comprehensive set of foreign exchange, interest rates, credit, money markets, capital markets and structured financing products.

Our clients include financial institutions, corporations, governments and institutional investors around the world.

What you'll be doing

As we build out Commodities Structure Financing book in line with the Board approved strategy, there will be an increasing need for structuring and risk monitoring capabilities within the Commodities Structuring function.

Deal Evaluation and Execution

• Act as primary structurer and main point of contact for all metals deals
• Act as primary structurer and main point of contact for other deals as needed
• Maintain relationships with partner banks and other origination sources
• Structure deals to meet client needs and ICBCS' return, risk and strategic requirements
• Prepare term sheets for internal and external evaluation
• Prepare one pager and STF deal summaries for evaluation
• Coordinate all aspects of credit paper preparation
• Review legal documentation
• Function as the "Deal Expert" for all assigned deals with detailed knowledge of Risk, Legal, Relationship, Return and other issues
• Present deal economics to STF and Risk committees

Loan Booking

• Supervise transaction booking across all commodities structured finance deals, and act as a key point of contact
• Oversee ongoing deal monitoring, amendments, and lifecycle management across booking platforms (e.g., ACBS, Murex)
• Participate in weekly Loan Infrastructure calls and drive process improvements, automation, and control enhancements across booking workflows

Loan Monitoring

• Ensure that assigned loans are being monitored correctly by Structured Commodities and Middle Office
• Develop and maintain Early Warning Indicator (EWI) trackers at transaction level
• Analyze financial and information received from clients to assess transaction performance
• Proactively identify potential covenant breaches or deterioration risks and escalate as appropriate

PnL and Pipeline Management

• Maintain up to date PnL forecast for the commodity structured finance portfolio and assist in portfolio PnL analysis
• Review book P&L, including investigation and resolution of discrepancies with Finance and relevant teams
• Provide timely pipeline reporting to TCM and other internal stakeholders
• Coordinate internal process related to commodities structured finance pipeline transactions, such as NPSTAC
• Assist in annual budgeting, strategic analysis and board and management presentations

Performance

• Maximise the revenue generated from the portfolio
• Ensure existing and new risks are identified and socialised and actively managed

Addtional

• Supervise commodities structuring team in tasks where needed, such as preparing credit analysis, commodities sectorial portfolio MI, internal and external presentations etc
• Coordinate execution and analysis of a high volume of ongoing amendments, waivers, and consent requests across the portfolio, ensuring timely processing and appropriate escalation
• Provide detailed data and analysis to support internal stakeholders including Risk, Finance and senior management in portfolio reviews, audits and requests
• Act as a key coordination point across Origination, Risk, Legal, Compliance and Operations, facilitating timely issue resolution
• Drive standardization of documentation, templates and internal processes across structured finance transactions to improve consistency, efficiency and control
• Internal & External Stakeholder Management

• Work effectively with all enabling functions such as Risk, Legal, Ops and Compliance etc
• Work effectively with Commodities Origination and Trading and other parts of the Commodities Structuring team to deliver on transactions on a timely manner

What you'll need to be successful

We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.

• Ability to present complicated information in an understandable and concise manner
• Ability to analyze novel and fluid situations in a logical manner
• Ability to work with people across the bank to evaluate and implement new products and optimize efficiency in evaluating, booking and monitoring existing products
• Ability to work autonomously

Why should you join us?

ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.

We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.

Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.

We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.

What's in it for you?

• Financial - market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
• Hybrid working - the option to work remotely up to two days per week, depending on the role.
• Family - 6 months maternity leave at full pay, 4 weeks paternity leave at full pay and enhanced shared parental leave pay. Coaching for family leave returners and access to emergency care via My Family Care. Paid fertility and miscarriage leave.
• Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange, Employee Assistance Programme and menopause policy.
• Community - paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
• Development - a suite of opportunities to build the skills you need to excel in your role

If you're excited about becoming part of our team, get in touch. We'd love to hear from you!

ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.