Associate Director, Transaction Management

4 weeks ago


Newark, New Jersey, United States Standard Chartered Full time
Job Summary

We are seeking an experienced Transaction Banking professional to join our team at Standard Chartered Bank. The successful candidate will work closely with the Director, Transaction Management Group to drive origination, develop strong client relationships, and be seen as an expert in Transaction Banking by internal and external stakeholders.

The ideal candidate will have a strong background in loan management, legal documentation, and banking. They will be responsible for managing security trustee roles, reviewing security documentation, and resolving documentation challenges with clients and their relationship managers. The candidate will also be responsible for performing deal and structure review, negotiating with clients on draft documentation, and liaising with origination teams, external and internal legal counsel, and customers to discuss documentation requirements.

The successful candidate will have excellent communication and interpersonal skills, with the ability to work effectively in a team environment. They will be comfortable working under pressure with deadlines and have experience in closing deals at short notice.

Key Responsibilities

* Manage security trustee roles by reviewing security documentation, security releases, inter creditor arrangements, and any enforcement of security as instructed by the secured parties.
* Assist with the management and safekeeping of any original documentation within our original documentation procedures.
* Proactively manage all day-to-day transaction issues within the documentation on new or existing clients within the portfolio by offering operations support that may be needed during the life of any transactions.
* Resolve documentation challenges with the customers and their relationship managers in order to introduce suitable solutions for all parties through documentation amendments or waivers.
* Review and communicate all waiver and amendment requests in accordance with the documentation requirements.
* Manage all client requests with the secured creditors by ensuring that we have received the right voting rights or supporting information before we arranging to execute any documentation changes.
* Perform deal and structure review, negotiate with clients on draft documentation such as lending agreements, account bank, escrow agreements, security documents, and any other related documents that are required within the structure.
* Liaise directly with the origination teams, external and internal legal counsel, and customers to discuss documentation requirements from both a documentation and business perspective to advise those parties of our drafting requirements.
* Support drafting standards, regulatory requirements, mitigate performance risk through documentation solutions, support client opportunities, ensure that problems are managed with adequate communications, manage any root-cause analysis to improve documentation standards, and further improve the way in which we work through cost-effective and documentation improvements.

Day-to-Day Tasks

* Arrange and host client or lender meetings as required by the lenders regarding these documentation breaches, defaults, or amendments either through conference calls or client meetings. Take active ownership of any distressed clients by managing their workout requirements, restructuring conditions, reserving rights, additional security, suspense accounts, trustee management, and any required enforcement of the underlying security package. Manage all distressed client requests by working with GSAM and the secured creditors.
* Prepare a deal summary, workflow diagrams, and manage a handover meeting for the appropriate administration team by ensuring that a general operational overview of the transaction was given, and further areas of risk were highlighted. Within these meetings also ensure that any operational risk, key dates, monitoring, or reporting requirements were discussed as well.
* Develop any administrative and operational procedures to ensure that we follow SCB's policies and the any underlying requirements within that product.
* Manage all transaction closings by ensuring that all conditions precedent and conditions subsequent have been satisfied within the documentation by arranging closing calls and communications towards all parties. Ensure that if the transaction has any additional conditions precedent or requirements for future drawings that these conditions are discussed and highlighted to the appropriate administration teams within these handover meetings.
* Coach and guide our administration teams in their management of these client transactions by developing documentation knowledge and skills within the department and bank.
* Handle any other responsibilities such as ongoing product development, managing the development of any new products, and ensure that we deliver our client opportunities.
* Participate in client events, market training, and review market publications to provide feedback and assistance in all areas of the Transaction Management team by communicating customer requirements, market trends, and any developments area to ensure that the team is sharing knowledge and enhancing the way we work to remain competitive within the market.

Qualifications

* Legal documentation knowledge is a must.
* Loan management background is preferred.
* Previous experience working in banking.
* Hands-on with procedures and keeping audit trail.
* Keeping track record and filing experience is highly appreciated.
* Comfortable with working under pressure with deadlines.
* Experience in closing deals at short notice.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge, and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good, are achieved by how we each live our valued behaviors. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:
  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do.
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well.
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.
What we offer

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 all sorts of 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.
  • Being part of an inclusive and values-driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments

Expected annual base pay range for the role is $88,448 - $132,672. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience, and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank-sponsored benefit programs are available and designed to foster employee overall health and well-being, including, but not limited to, a best-in-class 401(k) plan with up to 8% employer match, robust medical plan coverage with employer-funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role-specific considerations.

Visit our careers website

  • Newark, New Jersey, United States Standard Chartered Full time

    About the RoleWe are seeking an experienced Associate Director to join our Transaction Management team at Standard Chartered Bank in Newark. The successful candidate will work closely with the Director, Transaction Management Group and other team members to drive origination, develop strong client relationships, and be seen as an expert in Transaction...


  • Newark, New Jersey, United States Rutgers The State University Full time

    Job SummaryRutgers, The State University of New Jersey, is seeking a highly skilled Associate Director Supervisor to lead the Mechanical Maintenance and Grounds Departmental Operations for the Rutgers Newark Campus. Reporting to the Senior Director of Operations and Services, this position provides managerial leadership and develops standards and operating...


  • Newark, New Jersey, United States LHH Recruitment Solutions Full time

    **Job Description**LHH Recruitment Solutions is seeking a skilled Financial Transaction Coordinator to join our team in Newark, New Jersey.The ideal candidate will possess experience in the manufacturing industry, with a strong understanding of cargo, freight, and imports. This role requires the ability to prioritize and multitask in a fast-paced...


  • Newark, New Jersey, United States WebMD Full time

    Job Title: Associate Director, MarketingWebMD is seeking an experienced Associate Director, Marketing to join our Live Business Unit. In this role, you will be responsible for developing and executing marketing strategies to drive traffic and engagement for live events targeting healthcare professionals.Key Responsibilities:Create and execute omni-channel...


  • Newark, New Jersey, United States NJ PERFORMING ARTS Full time

    Job SummaryNJPAC is seeking a highly skilled and experienced Associate Director, Major Gifts to join our team. This is a unique opportunity to make a significant impact in the world of performing arts.Key Responsibilities:Develop and execute a comprehensive individual giving strategy to secure major gifts and partnerships that advance NJPAC's annual fund,...


  • Newark, New Jersey, United States Kipp Full time

    Job Title: Director of FacilitiesAt KIPP TEAM & FAMILY, we are seeking a highly skilled and experienced Director of Facilities to join our team. As a key member of our operations team, the Director of Facilities will be responsible for ensuring that all KIPP New Jersey & KIPP Miami students and staff learn and work in world-class educational facilities.Key...


  • Newark, New Jersey, United States AMN Healthcare Full time

    Job SummaryUniversity Hospital seeks a seasoned leader to spearhead the Utilization and Case Management Department. As Director of Utilization and Case Management, you will drive strategic direction, management, and continuous improvement of the Utilization and Case Management Services Unit.Key ResponsibilitiesDevelop and implement strategic plans to...


  • Newark, New Jersey, United States HIGH BRIDGE CONSULTING LLC Full time

    About This RoleThe Director of Knowledge Management will lead the development and implementation of a comprehensive knowledge management strategy to enhance user experience and maintain content quality on the client's Help Center site.This role involves collaboration with cross-functional teams to optimize help center performance and improve customer...


  • Newark, New Jersey, United States Broadridge Financial Solutions , Inc. Full time

    Job Title: Director of Imaging SolutionsWe are seeking an experienced and highly motivated professional to join our team as a Director of Imaging Solutions. As a key member of our leadership team, you will be responsible for managing the end-to-end delivery of services to top clients across the Imaging Solutions business.Key Responsibilities:Manage...


  • Newark, New Jersey, United States Kipp Full time

    Job Title: Director of School OperationsAt KIPP New Jersey, we are seeking a highly skilled and experienced Director of School Operations to join our team. This is a critical role that will oversee the day-to-day operations of our schools, ensuring that our students, teachers, and staff have the resources they need to succeed.Key Responsibilities:People...


  • Newark, New Jersey, United States Amazon Full time

    Job Title: Regional Maintenance DirectorAmazon is seeking a highly skilled Regional Maintenance Director to join our Reliability and Maintenance Engineering (RME) team. As a key member of our team, you will be responsible for leading a team of facilities associates and potentially supervising Area Maintenance Managers to ensure a safe working environment for...


  • Newark, New Jersey, United States Amazon Full time

    About This RoleWe are seeking an experienced Associate Director, Global Product Marketing to join our team at Audible. As a key member of our marketing organization, you will be responsible for developing and executing global product marketing strategies that drive business growth and customer engagement.In this role, you will work closely with...


  • Newark, New Jersey, United States WebMD Full time

    Job Title: Associate Director, Commercial Clinical StrategistJob Summary:WebMD is seeking an Associate Director, Commercial Clinical Strategist to partner with Sales and Management teams in defining, implementing, and delivering analytical capabilities for Medscape's growing business. The ideal candidate will have a strong background in marketing and...


  • Newark, New Jersey, United States WebMD Full time

    Job Title: Manager of Account ManagementWebMD Ignite is seeking a highly skilled Manager of Account Management to lead a high-performing team of Account Managers focused on customer retention, growth, and overall satisfaction for our Patient Engagement customers.Key Responsibilities:Direct the development of Account Managers in support of reaching annual...


  • Newark, New Jersey, United States PGIM Full time

    About the RolePGIM is seeking a Senior Investment Associate to join its Prudential Private Capital Infrastructure team. This role will involve managing a multi-billion dollar portfolio of private debt investments in infrastructure globally. The successful candidate will participate in the management and origination of transactions in the transportation,...


  • Newark, New Jersey, United States CVS Health Full time

    CVS Health Job DescriptionAs a Store Associate at CVS Health, you will be responsible for providing exceptional customer service by anticipating customer needs and resolving potential service issues. You will also perform cashier duties, handle cash, checks, and credit card transactions, and maintain the sales floor by restocking shelves and checking in...

  • Operations Director

    4 weeks ago


    Newark, New Jersey, United States LHH Full time

    Operations DirectorOur client in Essex County, NJ is seeking an experienced Operations Director to oversee multi-site operations, ensuring safety and maintenance. The ideal candidate will have 10-15 years of experience as an Operations leader, with a strong background in aviation and aerospace. Key responsibilities include:Key Responsibilities: Operations...

  • Store Stock Associate

    3 weeks ago


    Newark, New Jersey, United States CVS Health Full time

    Job SummaryCVS Health is seeking a highly motivated and customer-focused Retail Store Associate to join our team. As a Retail Store Associate, you will play a key role in delivering exceptional customer service and supporting the sales floor operations.Key ResponsibilitiesProvide a warm and friendly greeting to customers, maintaining eye contact and offering...


  • Newark, New Jersey, United States Friendwell Management USA Full time

    Job SummaryWe are seeking a highly experienced and skilled Area General Manager to oversee the operations of multiple hotel locations. The ideal candidate will have a strong background in hospitality management, excellent leadership skills, and the ability to drive sales growth.Key ResponsibilitiesManage budgets and financial performance, including revenue...


  • Newark, New Jersey, United States Walmart Full time

    Key Responsibilities:Deliver exceptional customer service by assisting customers in selecting the perfect eyewear.Provide expert advice on glasses and contact lenses, ensuring customers find the best solution for their needs.Maintain a secure and organized inventory of eyewear and contact lenses.Process customer transactions efficiently and accurately.About...