Job Title Here Experience Director

Job ID: 000000123SC
Location: London, UK
Area of interest: Investment Banking
Job type: Permanent - Full Time
Work style: Hybrid Working
Opening date: 27-Sept-2022 Closing Date: 12-Oct-2022
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Title:  Executive Director, Rates Trading

39263

New York, US

Corporate & Commercial Banking
Regular Employee
Office - Full Time
25 Sept 2025

Job Summary

Strategy
•    Lead in developing and implementing trading strategy for FX Swaps and Rates Products
•    Maximise Total Product Income (TPI) by ensuring effective end-to-end client risk management/service alongside with collaborating with Sales to show trading axes. 
•    Drive the growth of G10 Rates franchise globally with the focus on USD rates and FX Swaps
•    Awareness and understanding of the Group’s business strategy and model appropriate to the role
•    Assist the automation of product offering to Clients
•    Drive the client engagement for RWA optimisation to improve the overall FM product RoRWA globally within G10 Rates.
•    Continue to develop and drive global G10 Rates electronic trading strategies and data analytics

Business
•    Achieving assigned full year budget as per annual P3 document 
•    To increase SCB’s visibility through competitive pricing in G10 Rates products for our clients during the London and Americas timezone
•    To deepen existing client relationships through regular conversations and by giving market colour 
•    To work with the global Sales/RM force to identify new prospects and client opportunities
•    Provide sales desk with competitive pricing and product support in our endeavor to outperform
•    To explore new products and structures to increase the breadth and depth of the market
•    Manage risk from client trades 
•    Extremely complex and senior role as knowledge base has to encompass both the short-end and long-end of the pricing curves whilst managing currency-specific idiosyncrasies
•    Knowledge base has to cover issuance and corporate hedging strategies which drive long end swap pricing and relationship with TM, RM’s and Sales. 
•    Ability to break down market dynamics to provide suitable color for Sales..  
•    Expertise in developing and enhancing Cortex analytics to facilitate optimum risk management and promulgate existing synergies with the other trading desks

Key Responsibilities

Processes
•    Ensure adherence to all internal and external regulations. To embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance. Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations. Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations.

People & Talent
•    Lead through example and build the appropriate culture and values. Set appropriate tone and expectations within my team and work in collaboration with risk and control partners.
•    Contribute to continuous process improvement and sharing best practice
•    Lead and reinforce strategic change and ensure the organizational structure and people programs are aligned and geared towards supporting change
•    Set and monitor job descriptions and objectives for direct reports where appropriate, and provide feedback and rewards in line with their performance against those responsibilities and objectives.
•    Ensure the provision of ongoing training and development of people where applicable, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.

Risk Management
•    Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
•    The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures
•    Comply with guidelines as outlined in the annual dealer mandate

Governance
•    Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
•    Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
•    Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
•    Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner. 

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.
•    Lead the G10 Rates team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair outcome to clients 
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
Internal
•    Sales, Research and Structuring globally
•    Relationship managers, Credit and Market Risk Officers
•    Legal & Compliance
•    Local FM + FXRC Heads
•    Support functions like Back and Middle Office
External
•    Key clients and potential new clients
•    Central Bank and Regulatory Bodies
•    Interbank brokers 

Other Responsibilities
•    Embed Here for good and Group’s brand and values in US Rates trading team Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); 
•    Foster Here for good and Group’s brand and values in Financial Markets globally.
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
 

Our Ideal Candidate

•    Customer Behavior and Preferences
•    Financial Mathematics
•    Investment Performance Measurement
•    Investment Risk Economics and Finance
•    Investments
•    Market Risk
•    Securities Laws and Regulations (SLR) Compliance
•    Service Excellence
•    Trading
•    Data Analytics 

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

Expected annual base pay range for the role is 256,000 USD to 416,000 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 Visit our careers website www.sc.com/careers 

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.
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