Job Summary

You will be part of a team processing Exchange Traded Derivatives (Futures & Options). Your responsibilities include trade processing, such as settlements and reconciliation, as well as supporting and participating in project transformation enhancements to improve business operational efficiency. 

Key Responsibilities

•  Provide comprehensive support for all House Franchises across relevant Business lines trading Exchange Traded Derivatives

•  Manage query remediation, trade life-cycling, and daily processing tasks, ensuring timely escalation to minimize risk

•  Possess in-depth knowledge of the Futures & Options product lifecycle across Rates, Commodities, FX, and Equities from front to back, serving as the subject matter specialist and primary contact for core systems processing

•  Lead continuous improvement and foster innovation:

•  Collaborate with Technology teams to drive transformation projects

•  Partner with FM to identify process enhancements and increase operational efficiency

•  Serve as the primary Operations liaison to Sales and Trading Desks locally:

•  Shield FM from post-execution processing and queries while representing Operations functions

•  Develop and strengthen the team’s profile with the Front Office

•  Engage stakeholders through effective two-way communication, acting as a trusted advisor

•  Support new business enablement and solution delivery by partnering on strategic Financial Market initiatives

•  Continuously seek opportunities to improve global consistency by collaborating closely with Hubs and other regions to close gaps and standardize processes

•  Communicate with trading desks and the COO to resolve immediate transactional issues and understand long-term operational needs to inform business needs

•  Build good relationships with colleagues in Bangalore, London, and New York ETD Operations as well as Singapore Clearing Technology to facilitate efficient communication and prompt issue resolution:

•  Identify and address knowledge gaps within the Global Team through training

•  Monitor daily Key Performance Index against Service Level Agreements

•  Engage with industry bodies and vendors to explore opportunities for process and system enhancements that drive efficiency

•  Act as the subject matter specialist for MIS, cost-per-trade, and touchpoints per trade; lead their development and identify areas to add value through improved data insights

•  Maintain awareness of vendor costs and seek opportunities to reduce expenses.

Qualifications

•  Bachelor of Degree in Banking or equalvalent

•  Subject matter specialist on Exchange Traded Derivatives (Futures & Options) with a core understanding trade and post trade processes

•  ETD trade, position and cash reconciliations inclusive of fees & commission management

•  Additional knowledge of expiry and trade life-cycling is highly desirable.

•  Minimum 5 years Financial Markets experience ideally from a top tier bank.

•  Understanding of front to back process and systems flows

•  Strong understanding of commodities products including Base Metals, Precious Metals, Structured Inventory

•  Product, Energy, Power & Gas. Financial and physical knowledge needed and highly advantageous.

•  Knowledge of Carbon Emissions and Voluntary Carbon Credits and experience of ICE Endex and CBL exchanges desirable. 

Skills and Experience

•    Analytical and process improvement mindset
•    Strong inter-personal skills:
•    Confident communicator able to adapt style to Front Office and Hubs colleagues.
•    Ability to influence demanding individuals.
•    Demonstrate strong teamwork and values mindset.
•    Thrive on working in fast paced environment while maintaining attention to detail.
•    Fast learner with the ability to think out of the box and provide solutions.
•    Knowledge of vendor systems supporting ETDs (ION XTP, FIS, GMI or equivalent) Bloomberg, Murex v2.11 and v3.1 preferable plus LME SMART, LME SELECT, ICE Admin, ICE FEC, ICE ECS, CME Deliveries Plus, CME FEC
•    Proficient in Excel (pivots, lookups and basic VBA an advantage) 

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.