Job Summary
The successful candidate will support the Markets Business Heads in executing Markets Africa strategy, implementing business initiatives, helping ensure adherence to regulations and policies and provide risk & governance related support.
Key Responsibilities
Business:
• Execute the global Markets business strategy locally.
• Keep up to date with local regulations to assess impact / business opportunities and manage any changes to business processes and infrastructure.
• Provide business support on dealing room management, e.g., capacity planning, business continuity, access controls, Service Level Agreements, licensing, etc.
• Driving and management of a prudent cost culture and seek opportunities to reduce costs.
Processes:
• Be the “connector” between global and local and importing / exporting best practices from other Clusters.
• Importing / exporting best practices intra Clusters
• Continuously seek out process simplification and re-engineering opportunities to improve operational efficiency.
Risk Management:
• Managing local non-financial risks, ie. risk identification, assessment, and mitigation through the design / implementation of fit for purpose controls
• Manage regulatory risks and ensure compliance.
• Supervising and coordinating in-country 2nd line reviews, audits and regulatory inspections.
• For DIFC governance purposes, any actual or potential conduct, regulatory and/ or internal policy matters relating to DIFC based staff, or activities, must be escalated to the Head of Markets UAE (Inc DIFC) for consideration and action if needed.
Supervision:
• Support the Markets Head to operate effective supervision of Markets and oversight of Treasury Markets and Wealth Management Product Sales (CMPS) staff in the dealing room, where applicable.
• Ensure dealing room staff adhere to internal and external processes and procedures.
Governance:
• Support the in-country Market head in running any risk and supervision committees and forums as required by Markets, Country and Regulators.
• Monitor, report and escalate risks to local risk committees where appropriate in line with local governance.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct across the Bank, including understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
People & Talent
• Lead and build a high-performing in-country Markets COO team.
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.
Key stakeholders
• Markets Heads in Africa
• Local front office desk heads, including TM, and CMPS
• Markets Cluster COOs
• Product COOs – Banking, Credit, Macro, Sales
• Compliance, local and global
• Operational Risk, local and global
• Markets Audit
• Markets Operations
• Traded Credit and Market Risk
• Finance, local and global
• Regulators / regulatory bodies local
Skills and Experience
• Markets Products
• Project Management
• Governance and Control
• Analytical and Presentation Skill
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.
