Job Description

Job Summary
Markets Trade & Regulatory Control function responsible to enable Proactive Risk Management via execution of trade and regulatory controls across Markets Business, that adhere to Regulatory guidelines and uphold high standards of operational integrity. We are trusted partners to Markets Business delivering superior risk management practices, Control execution and generate data driven actionable insights to drive informed decision making.
Key Responsibilities

• Oversight and Delivery for Global Trade Validation Control involving deal review against external source supporting OTC (FX, rates, Credit, Commodity & Equity derivative business), Forex and Security business. Execute Controls and Reporting, to ensure Risk is captured accurately in compliance to product Booking models.
• Front office Supervision Controls to perform surveillance on Trading risk positions, trade capture timelines, Regulatory Compliance, Electronic trading platform supervision and Rogue trading Controls.
• Exception management Controls across FOBO/ FOFO reconciliation and Interface system exception monitoring and reconciliation break resolution to ensure data integrity and completeness.
• Partner with technology for the system re-platforming project to build effective Control design which is volume scalable and cost effective.
• Lead New business enablement and product onboarding, partner to deliver strategic initiatives and ensure Operational readiness.
• Ensure key risk remediation, day-to-day risk monitoring and ensuring timely escalation to mitigate risk exposure.
• Collaborate with Front Office including Trading and Sales Desks and Business COO to strengthen Business growth and Control framework.
• Excellent stake holder managements skills & build strong relationship with internal teams across Operations, Risk and Technology to facilitate efficient Collaboration and speedy resolution of issues.
• Drive continuous improvement and innovations, Partner with Technology to deliver Transformation.
• Work with Business COO to identify booking model improvements and drive efficiency forums.
• Achieve Regulatory and Conduct Compliant Middle Office model through a strong understanding of current rules and anticipation of upcoming regulations.
• Adherence to Global Risk Framework standards of implementation and process management
• Oversight of Daily Productivity, KPI, KCI and Capacity metrics

Strategy

• Business alignment / Product expertise: Product specialists who understand business priorities and strategy, define optimal solutions leveraging industry leading facilities and influence behaviour through countenance
• Connect: Build bridges across the bank to simplify current operating model, create efficiencies and identify new opportunities
• Leadership and Market presence: Own your domain and influence product evolution, define internal standards and shape future utilities through selective industry positioning. Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank
• Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank

Business
Markets Business & Client Solutions was established in 2024 aligned to CIB Markets COO Organisation, following Organisation restructure across global Financial Market Operations.
Business & Client Solutions team provides our Clients, Front Line business, and local management boards a suite of integrated trade and client lifecycle solutions that are protected by our proactive risk management capabilities, made highly accessible and available across our global network footprint.
Our Identity & Purpose:

• Enable Revenue Growth: We enable revenue growth through enhancing Front Line productivity and allowing our Sales and Traders colleagues to focus on revenue generating activities. Our capabilities offer a competitive advantage for new-to-bank and existing clients.
• Protect the Business: We protect our business, our clients and stakeholders through superior's risk management practices and processes. We are accountable for the risk impact and outcomes and collectively manage the risk profiles across products and geographies.
• Improve Client Experience: We are responsible for the client experience for new to bank and existing clients. We are trusted advisors and operational stewards for our sales force and our clients, and we lead the operationalization of client needs.

Optimise & Scale: We drive improvement in our processes and influence process changes to support business and client outcomes. We challenge existing process and strive for continuous improvements to meet client and business expectations.
Processes

• Forex, Securities & OTC derivatives Products
• Electronic executions
• Trade Validation Control
• Trade exception management controls
• Front Office supervision controls
• New Products & Business Enablement
• Client Onboarding process

People & Talent

• Lead through example and build the appropriate culture and values, embedding a high level of performance and team engagement.
• Employ, engage and retain high quality people, with succession planning for critical roles and appropriate recognition and reward for high performance / potential.
• Responsibility to review team structure/capacity plans to enable effective delivery of operations & change agendas.
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks

Risk Management

• Data management Risk
• Erroneous processing risk
• Regulatory & Transaction reporting Risk
• Rouge trading Risk
• Legal Risk

Governance

• Risk & governance Oversight.
• Stakeholder communication & management.
• Fair knowledge on Data management tools for efficient MIS reporting & analysis.

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 identify, escalate, mitigate, and resolve risk, conduct and compliance matters

Key stakeholders

• Front Office - Relationship Managers & Sales
• Business COO
• Country Heads & BRM
• Technology and Transformation
• Operations
• Risk functions, Compliance and Audit

Qualifications

• Education: Bcom/ Mba/ Pgdbm/
• Languages: English

Skills and Experience

• Product knowledge on OTC derivatives
• Excel

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 behaviours. 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.

37152

Skills Required