Job Details

Associate Director, FX & Rates Trading
Job Description
Requisition Number:  54256
Job Location:  Colombo, LKA
Global Grade:  Band 6
Work Type:  Office Working
Employment Type:  Permanent
Posting Start Date:  20/05/2026
Posting End Date:  03/06/2026
Job Description: 

Job Summary

Strategy*

  • Responsibility for the development, implementation and delivery of the FM Trading plan
  • Develop strategies which maximise shareholder value and are aligned to and in furtherance of the overall strategic direction of Financial Markets
  • Work with Regional and Product Heads to identify the initiatives to grow our franchise

 

Business*

  • Accountable for setting achievable performance targets relating to performance and cost.
  • Manage the implementation of developed strategies and ensure that performance objectives and revenue goals are met and RWA targets are managed.
  • Build stronger and deeper relationships with clients and government regulators by bridging silos across FM.
  • Enhance the Bank’s image and profile in the regional market and establish SCB as a “name” player in the respective local debt markets and up-tier SCB’s market presence.
  • Active performance monitoring – spot areas of underperformance and take corrective actions.
  • Drive new product migration and implementation as necessary.
  • Support FI business and strategies.

Key Responsibilities

Processes*

  • Manage Financial Markets processes for the country / region, as allocated within the FM process universe in line with the ERMF and their associated risks, including activities within the processes which are hubbed or outsourced.
  • Aim for all processes to be adhered to across the country / region, in line with approved policies and procedures with remediation pursued when relevant.
  • Continuously improve the operational efficiency and effectiveness of processes to increase productivity and reduce operational risk.
  • Provide an accurate and timely Fx and Fixed Income pricing to Sales Desk and Treasury markets to meet customer needs at competitive pricing and comply with regulatory framework.

 

People & Talent*

  • Lead through example and build the appropriate culture and values. Set appropriate tone and expectations of the team and work in collaboration with risk and control partners
  • Participate and engage in all ongoing training and development required to the job role. 
  • Employ, engage and retain high quality people, ensuring that holders of all critical functions are suitably skilled and qualified for this role and have effective supervision in place to mitigate any risks
  • Ensure active contribution to drive vision, priorities, and progress to the business to foster engagement, awareness and self-motivation
  • Contribute towards job descriptions and objectives and provide feedback constantly to management. 
  • ‘Speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues

Risk Management*

  • Responsible for identifying, assessing, monitoring, controlling and mitigating risks for the country / region
  • Advised of and to monitor all major risk issues and concentrations.  Where appropriate, direct remedial action and/or ensure adequate reporting to Country Management and/or Risk Committees
  • Participate (if required) in any significant market risk discussions in the country / region, but not the day-to-day management of market risk
  • Aim for successful implementation/highlight any identified gaps of first line ERMF in the country / region with remediation pursued when relevant
  • Responsible for utilisation of credit exposures from FM products within the limits set by the risk division
  • Support any queries related to audit or compliance reviews and resolve any pending actionable when relevant.

 

Governance*

  • Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the country. Overseeing changes and escalation to FM ExCo, Regional Trading, Group governance committees including other stakeholders in senior management, risk or control functions where appropriate
  • Responsible for delivering ‘effective governance and having the capability to challenge fellow executives effectively
  • Follow the process governance practices set out by the Non-Financial Risk Committee (NFRC)
  • FM oversight and management of the local legal entity (as required).

Regulatory & Business Conduct*

  • Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
  • Responsible for ensuring regulatory compliance across the country / region and overseeing regulatory interaction on behalf of FM, including engaging with regulators where applicable and working with them in an open and cooperative manner
  • Display exemplary conduct and live by the Group’s Valued Behaviours 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 teams to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
  • Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues 

 

 

Key Stakeholders

Internal

  • Director, Head of Markets and Sales
  • Desk Heads – Treasury Markets & CMPS
  • FM ExCo / FM Trading Exco / FM COO
  • FM Global / Regional Product Heads
  • CIB Product & Segment Partners
  • Regional / Country Function Heads
  • Risk Teams, Legal, Compliance, Operations, Risk & Finance management

 

External

  • Regulators
  • Key & Potential Clients
  • Financial Services Organisations
  • Trade Bodies & Associations
  • Broker & Interbank counterparty

Other Responsibilities*

  • Demonstrate Here for good and Group’s brand and valued behaviours in daily behaviour
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
  • Working with the relevant Country / Regional CEO, Head – FM and Group/Regional FM Trading who is also responsible for ensuring that country regulations are taken into account and complied with and that issues related to regulatory compliance are identified and resolved, country or entity balance sheet management and capital sufficiency, and monitoring, managing and escalating material risks in accordance with the Group's risk management framework.
  • As contingency arrangement, support Treasury Market by having access to Bloomberg to book FI/Repo trades in their portfolios.
  • Responsible to update or approve CIMM entries timely as per the stipulated time frame stated in the regulation.

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.
Information at a Glance