Job Title Here Experience Director

Title: Structured Rates Trader
Singapore, SG
Job Summary
- Our Markets Traders identify, analyse and execute opportunities in the market, supporting the needs of our clients in a professional and fully compliant way. Our Markets business aims to become the leading emerging markets fixed income, financing, and securities service franchise, and a leader in sustainable finance, advisory, trading and asset servicing.
- The business will achieve this by expanding product capabilities, building on footprint market strength, developing our talent and using technology to transform our ways of working. We’re looking for highly capable individuals to join us and maintain the highest levels of integrity and professionalism, in line with our valued behaviours.
About Corporate & Investment Banking (CIB)
- For more than 170 years we’ve support clients with their transaction banking, financial markets, corporate finance and borrowing needs and provide solutions to nearly 20,000 clients in the world’s fastest-growing economies and most active trade corridors.
Key Responsibilities
Strategy
Work to implement the strategy of the Structured Rates desk for profitable trading at acceptable risk.
Business
• Work in partnership with Sales, Structuring, and other trading teams to maximise the Structured Rates desk revenues and achieve the assigned full year budget.
• Provide accurate and timely pricing for structured rates derivatives to meet the needs of both internal and external clients at competitive prices.
• Transact trades to hedge risk and generate revenues by leveraging off market flows and opportunities.
• Expand the current product offering through the testing and implementation of new trading models.
• Manage the portfolio risk generated by adhering to approved risk limits and seeking excess approvals where necessary.
• Establish and maintain a network of relationships with other SCB Global Market centres, to identify opportunities for business growth.
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 from their team and work in collaboration with risk and control partners.
• Contribute to continuous process improvement and sharing best practice
• Employ, engage and retain high quality people, with succession planning for critical roles.
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.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders*
- Sales & Structuring globally
- Credit and Market Risk Officers
- Legal & Compliance
- FM Heads
- Support functions including Finance, Operations, Middle Office, and IT
- Trading Counterparties
- Brokers
Our Ideal candidate
- Master of Finance - Financial Engineering
- 5+ years’ experience in trading structured rates products preferably in Asia
- Project and time management skills to monitor multiple workstreams and take ownership of issues / tasks
- Ability to work in a team and diverse work environment
- Excellent written & oral communication skills
- Experience of working with and presenting to senior stakeholders.
- Flexible and resilient mindset to deal with a dynamic and quick-to-change setting
Role Specific Tecnhical Competencies
- Customer Behaviour and Preferences
- Financial Mathematics
- Market Risk
- Trading Advanced
- Investment Risk Economics and Finance
- Investment Performance Measurement
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