Job Summary
Markets has expertise combined with deep local market knowledge to deliver a variety of risk management, financing and investment solutions to our clients. The Markets team offers capabilities across origination, structuring, sales, trading and research. Offering a full suite of fixed income, currencies, commodities, equities and capital markets solutions, Markets has firmly established itself as a trusted partner with extensive on-the-ground knowledge and deep relationships.
Within Markets, the Modelling & Analytics Group (‘MAG’) is accountable for design, development and delivery of real-time pricing models, risk models, and core infrastructure, enabling pricing, market data, intra-day risk reporting capability, and portfolio level analytics including reporting and capital computation.
The IR/FX Quantitative Analyst complements the MAG management team through strengthening the engagement with business and risk and control stakeholders.
Key Responsibilities
Strategy
• Develop a partnership with IR/FX Trading to drive development for modelling & analytics to establish short, medium and long-term analytics evolution and delivery of new and improved products for clients and the Bank via our electronic channels.
• Work with risk and control stakeholders (GMV, TRM, VC) for model validation and controls implementation.
• Work with Technology to ensure models are integrated in production systems.
Business
• Responsible for leading the delivery of models and analytics used within Markets for FXO.
Processes
• Ensure that all TMAC-approved models, provided they were designed and implemented by MAG, have been duly documented and tested according to MAG Development Standards.
• Support GMV validation of models.
• Improve and maintain IR/FX analytics.
• Research into alternative models and numerical techniques, as well as ongoing assessment of models published in industry or academic literature.
Skills and Experience
• Pricing Modelling & Research
• Products – Interest Rates
• Programming Proficiency
• Products - Foreign Exchange
• Commercial Awareness
• Stakeholder Communication
• Financial Markets Business Domain Knowledge
Qualifications
• 5+ years of relevant quantitative analysis experience
• Advanced level degree such as Masters or PhD
• Prior experience working for a foreign banking organization highly preferred
• Strong product knowledge in FX and Interest Rates
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
Expected annual base pay range for the role is 260,000 USD to 400,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations.
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
