JOB SUMMARY

Director, Commodities Product Management 
Band 5
As a product manager and owner, you and your team will have ownership of our Commodities product suite. This is a high-impact, strategic role responsible for defining the product vision, driving commercial growth, and managing the full lifecycle of our offerings. Be the central point of ownership and responsible for developing the multi-year strategy, coordinating investment budgets, and executing a robust roadmap in partnership with global technology, sales, trading and control function teams. As the key change agent for this business, navigate the complexities of high-speed electronic markets while upholding the highest standards of regulatory compliance and responsible sourcing, ensuring our products are not only profitable but also maintain the highest level of market integrity.

RESPONSIBILITIES

Strategy
•    Execute the multi-year product strategy and roadmap for the Commodities product suite, aligning with the bank's overarching goals.
•    Develop and articulate compelling business cases for new product initiatives, enhancements, and investments.
•    Manage the entire product lifecycle from ideation, definition, and development to launch, adoption, and end-of-life activities, ensuring a seamless customer experience from onboarding to execution and reporting.
•    Own the IT strategic improvement process with collaboration with global technology team.

Business
•    Liaise with internal and external stakeholders to ensure a coherent and comprehensive multi-year strategy for the Commodities product suite.
•    Lead the bottom-up budgeting process for the product area. This involves collaborating with technology, operations, sales, trading and other stakeholders to perform detailed cost analysis, project future needs based on the strategic roadmap, and build a comprehensive, justifiable budget proposal for senior management approval.
•    Work with your team to coordinate and justify investment budget allocation for strategic initiatives, aligning capital expenditure with the product roadmap and demonstrating clear ROI through robust financial modelling.
•    Develop, implement, and manage the product pricing strategy to ensure market competitiveness and sustained profitability, understanding the impact of pricing decisions on client adoption, trading volumes, and related bank products.
•    Continuously track, analyse, and report on KPIs and product health metrics, such as trading volume, revenue per trade, cost-income ratio, client acquisition, market share, and product adoption rates, to inform strategic decision-making.

Processes
•    Act within the agile development framework, partnering with global technology teams to translate the product roadmap into a prioritized and deliverable backlog of features, epics, and user stories.
•    Define and document the full product scope, from client onboarding and payment execution to risk management and reporting, meticulously identifying gaps and opportunities in functionality, operations, and user experience.

•    Own and manage the prioritization of the development backlog based on commercial objectives, client value, regulatory requirements, and strategic importance, ensuring that finite technology resources are consistently focused on the highest-impact work. 
•    Ensure effective discovery through rapid iteration and prototyping wherever possible, challenging outdated or inefficient ways of working. 
•    Drive the agenda for product innovation, championing the electronification of trading workflows, the development of sophisticated digital client platforms, and the strategic exploration of new technologies

Governance
•    Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
•    Ensure the discharge of any personal statutory, legal or regulatory responsibilities that apply by reason of any registration or regulatory approval held, or by occupying this role

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.
•    Comply with all applicable laws and regulations across jurisdictions

•    Understand and ensure compliance with, in letter and spirit, all applicable laws, regulations and guidelines, including those governing securities activities, company law, anti-money laundering, terrorist financing and sanctions; the Group’s policies and procedures, and the Group Code of Conduct. Take personal responsibility for understanding the risk and compliance requirements of the role. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters. 
•    Demonstrate awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
•    Demonstrates the ability to deliver ‘effective governance’, capability to challenge fellow executives effectively, and willingness to work with local regulators in an open and cooperative manner

Key Stakeholders
•    Rates and FX Markets MT
•    Regional Markets sales and trading heads
•    Country and Regional CEOs
•    Regional CIB
•    Product and cluster COO globally
•    Regional CFOs
•    Group Product and Segment Heads 
•    Group, Regional and Country support functions
•    GT
•    Trading, Sales and Research staff
•    Macro COO

External
•    Key technology vendors

Other Responsibilities
•    Embed Here for good and Group’s brand and values in UK Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); Embed Here for Good and the Group’s brand and values in the global product team. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures. Work effectively across the Group, using valued behaviours to drive exemplary conduct and overall business performance

Qualifications    

•    Education     Degree holder preferred
•    Training     Complete all mandatory & developmental training – role specific, and regulatory/compliance bank wide & role specific
•    Languages     Business level English

Role Specific Technical Competencies
•    Investments
•    Investment Performance Measurement
•    Market Risk
•    Service Excellence
•    Trading
•    Derivatives
•    Foreign Exchange
•    Options

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.