Job Summary

•    CMPS Structured Products team provides Structured Products solution to Private Banking, SME and Retail Banking segment.   The team provides advisory and dealing services to the three client segments

•    The ideal candidate will primarily focus in covering Private Banking clients, attend client meetings with Investment advisors and relationship managers and provide bespoke investment solutions to Private Banking clients.  

•    The candidate will be involved in idea generation, work closely with counterparties to work on new payoffs and initiatives, expand product shelf, onboard new payoffs and provide timely investment solutions to all three client segments via advisory, pricing and execution.

•    As part of the idea generation process, the candidate will work closely with Group CMPS, Legal and Compliance to prepare product documentations and ensure the offering comply with local regulatory requirements.

•    The candidate will be doing regular presentations to frontlines for market update and ideas pitching.  

•    As a senior member in the team, the candidate will work closely with Head of Structured Products to discuss initiatives and strategies, meet financial goals.  This will include constant monitoring of financial performance, frequent contacts through visits, conference calls, email exchanges to help ensure financial metric stay on track

•    The candidate will also be driving new projects, which includes but not limited to platform development; new regulatory requirements; new product development; etc. 

Key Responsibilities

Strategy
•    Awareness and understanding of the Group’s business strategy and model appropriate to the role
•    Strategize and execute long term strategic plans and tactical plans to capture business opportunities within the footprint of SCB in HK

Business
•    To expand SP customer base and increase customer turnover by providing professional services
•    Responsible for advisory, distribution, and execution of CMPS SP products to PvB customers and RMs
•    Translate the financial markets information and deliver excellent customer services by updating financial markets knowledge to PvB customers and RMs

Processes
•    Achieve CMPS SP HK revenue target
•    Responsible for SP product ideation, structuring, advisory and execution for PvB and Retail segment
•    Assist to implement and upgrade of SP relevant dealing platforms
•    Review and upgrade of existing SP product features / services / operations
•    Conduct regular product update and trainings to RMs related to investment trend and investment opportunities
•    Regular contact with RMs/IAs to agree with SP focus and investment strategy
•    Participate in joint client meetings with RMs/IAs if required
•    Work closely with other CMPS teams to drive same business focus

People & Talent
•    Ensure CMPS structured products desk having a highly trained and experienced pool of specialists / dealers

Risk Management
•    Identify, monitor, manage and control business, operations, governance and compliance risk with regards to CMPS HK business
•    Ensure conformity with the relevant internal and external rules and regulations

Governance
•    Working through the Business Risk Team, ensure adherence to the ORMAF in the identification, assessment, mitigation and control and monitoring of risk.  Ensure sufficient traction and follow through management actions to mitigate identified operational risk exposure.  This will include all CSTs, KRIs, and other OR initiatives are properly managed.
•    Ensure all products have the necessary Cas, Product Approval and DOI
•    Ensure the team adhere to FM Code of Conduct, and have the necessary certifications and training.

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 and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    HK local regulators:  Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission

Skills and Experience

•    Spot opportunities
•    Solve problems
•    Take the lead
•    Build resilience
•    Collaborate
•    Communicate
•    Achieve results
•    Manage Conduct
•    Manage Risk
•    Manage People 

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.