Job Summary
We’re a leading international bank, with more than a 150-year history in some of the world’s most dynamic.
markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. With more than 1,100 branches and offices in 68 countries, we offer exciting and challenging international career opportunities.
Key Responsibilities
Strategy
Role Responsibilities:
• Support for all House Franchises across all relevant Business lines trading Exchange Traded Derivatives
• Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, to minimise risk.
• Understand the Futures & Options products lifecycle across Rates, Commodities, FX & Equities from front to back and be the subject matter expert and go-to person for the core systems processing.
• Drive continuous improvement and innovate:
• Partner with Technology to deliver transformation.
• Work with FM to identify process improvements and drive efficiency.
• Face of Operations to Sales and Trading Desks locally – primary point of contact:
• Insulate FM from post execution processing / queries, represent Operations functions.
• Build team profile with the Front Office
• Stakeholder engagement, 2-way flow of information – “Trusted Advisor”
• New business enablement and solutions, partner to deliver strategic FM initiatives.
• Constantly seek opportunities to improve global consistency, work closely with the Hubs and other regions to close gaps and standardise processes.
• Communicate with trading desks & COO to solve immediate day to day issues with transactions as well as understand their longer terms needs to shape business decisions in Operations.
• Build strong relationship with direct colleagues in Bangalore, London & New York ETD Ops as well as Singapore Clearing Technology to facilitate efficient communications and speedy resolutions of issues:
• Identify and close knowledge gaps within the Global Team through hands on training.
• Daily KPI monitoring vs SLA.
• Engage with industry bodies and vendors to identify opportunities to enhances processes and systems and drive efficiency.
• Be the subject matter expert for MIS, cost-per-trade, touch points per trade – drive their evolution and identify areas to proactively add value through improved data.
• Be aware of, and strive to reduce, vendor costs.
Business
• Standard Chartered Bank (SCB) Technology, Transformation & Operations (TTO) has a dedicated Financial Market Operations which supports the market clients and products within Corporate & Institutional Banking (CIB). FM Operations has responsibility for the execution, control and continuous improvement of processes to support our Products & Clients. FMO has 3 distinct functions – Product Management, Regional/Country oversight and Processing Functions (Service Providers). This role has oversight for product management of Financial Market Commodity Operations including Futures, Listed and OTC Derivatives and Physical Commodities.
Processes
• Maintenance of brokers, contracts, accounts in the banks systems to ensure STP trade flow
• Top Day Trade Monitoring and allocations for ICE Group, CME Group (NYMEX, COMEX, CBOT) and LME and other exchanges as required/ onboarded.
• Monitoring Lifecyle events and clearing
• Trade and Position Reconciliation
• Front Office – Back Office (FOBO) Reconciliations
• Open interest management
• Managing intra-day and EOD cash margin calls
• Option Abandonment/Exercise/Expiry
• MIFID II CPR Position Reporting and CME/ CFTC Large Trader (Position Reporting) to the relevant exchanges
• CME FX Delivery Process
• Balance Sheet Substantiation and Accounting management
• Back Office system processing and EOD running
• Collateral management
Qualifications
• Bachelor’s degree or equivalent
• Min 3-5 years of relevant experience in Financial Market
• Proficiency in Mandarin would be added advantage
• Good communication skills verbal and written
• Expertise in Exchange Traded Derivatives (ETD) & trade lifecycle
• Experience in trade, position and cash reconciliations
• Strong knowledge of commodities (Futures and Options)
• Understanding of Settlement process.
• Familiarity with Carbon Markets (ICE Endex, CBL) is a plus
• Hands on experience with ETD systems (ION, FIS, GMI,) Bloomberg, Mure
• Proficient in Excel skills (pivots, lookups and VBA is a plus)
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.