Job Description

Job Summary

• The role supports the timely and accurate forecasting of ~900 nostro accounts spanning intragroup accounts, 3rd party agents and central banks (totalling ~$300bn in managed liquidity per day). This is done in close partnership with funding and trading desks across Treasury and FX, and requires regular engagements with other teams across the bank. Finally, the role involves oversight for the banks throughput and intraday liquidity management at the Bank of England.

Key Responsibilities
Business

• Continuous improvement in productivity to the standards prescribed for the processes from time to time.
• Upholding the Values of the Group and Company always.

Processes

• Be responsible and accountable for real time nostro management processes that include:
• Calculation and provision of accurate and timely funding forecasts to Treasury Markets and FX desks in line with agreed cutoffs on an intraday basis.
• Provision of root cause analysis on key funding drivers and forecast swings.
• Proactive management of payment scheduling systems to ensure the firm's overall throughput and clearing requirements as well as all time critical payments are met (Bank of England)
• Supporting the reconciliation of forecasted vs actual nostro settlements in near real time.
• Immediate investigation of reconciliation exceptions and alerts
• Being a key business partner and support mechanism to Treasury Markets to ensure effective real time funding and liquidity management decision-making.
• Supporting cash management to inject liquidity on an intraday basis
• Provision of Nostro MIS and control reports, including nostro cost validation and risk management
• Support the implementation of new technologies and related operating models

People & Talent

• People and talent that will fit the above requirement

Risk Management

• Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable.
• Actively assess risks and potential failure points in the processes handled and help highlight the areas to line managers and risk teams
• Comply with all applicable rules / regulations and Company & Group Policies.
• Assist in Department & Group related project.

Governance

• Group Governance

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.
• Lead the [IND / NNM / TS/ to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Serve as a Director of the Board
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders

• Treasury Markets
• FX desks
• Other stakeholders around the bank including Markets and Cash Operations.

Our Ideal Candidate

• Nostro Forecasting (capturing multiple products and asset classes including FX, Rates, Money Market, Securities, Client Vostros etc)
• Intraday Liquidity Management (throughput, payment queue management)
• Analytical thinking
• Problem Solving
• Stakeholder / Business Engagement
• Communication

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.

Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
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