JOB SUMMARY
• We are looking for a dynamic individual to join the Process and Platform Management (PPM) team, an integral part of the Group Advisory and Managed Investments team (Wealth Solutions) within Standard Chartered Bank.
• The role primarily focuses on supporting the Bank’s VCC (variable capital company) funds business, specifically for fund valuation and portfolio reconciliation.
RESPONSIBILITIES
Business
• Standard Chartered Funds VCC is the first SC branded fund vehicle domiciled in Singapore that will be used to host underlying sub-funds that will be distributed exclusively for SC clients (AI/PI equivalent).
• To support and grow the VCC business as a key pillar for the Managed Investments business.
• Key responsibility and oversight for the fund valuation, portfolio reconciliation, fund operational matters of the VCC Funds.
• Responsible for the fund operational workflow between sub-investment manager and fund custodian, transfer agent / fund administrator.
• Monitor and manage all service provider relationships relating to Standard Chartered Funds VCC, including internal governance requirements.
• To support and assist the PPM team in other areas of the VCC Funds business e.g. sales tracking, CISNet filings, managing invoices and audit/tax filings, board update meetings, forum meetings.
• From time to time, the individual may be required to assist other team members in other areas of work, which may not be directly related to the VCC business e.g. other parts of the Managed Investments business.
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
• VCC Funds’ custodian and fund administrator (SCB Financing & Securities Services)
• Sub-Advisor & Customized Solutions team
• COO team
• Legal & Compliance teams
• Product teams across markets
Other Responsibilities
• Embed Here for good and Group’s brand and values in Singapore / Advisory & Managed Investments / Process & Platform Management;
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Our Ideal Candidate
• Education: Degree
• 10+ years of experience in Asset management in Middle office.
• Strong expertise in middle office work relating to asset management, across diversified range of funds (liquid, semi, illiquid).
• Able to drive the operational process for VCC funds, including but not limited to audit, tax, expenses reconciliation.
• Good knowledge of Funds Distribution and Advisory business, across Mutual funds and Alternatives
• Experience in relevant VCC fund setup experience is preferred
Role Specific Technical Competencies
• Fund valuation and portfolio reconciliation
• Fund setup process
• Market knowledge
• Project management
• Excel and Bloomberg
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.
Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
