Job Summary

Strategy

Treasury Markets acts as guardian of the Group’s balance sheet and liquidity by expertly driving asset liability management that is transparent, trusted and well respected. Treasury Markets is the first line of defence responsible for managing the short-term liquidity position of the Bank
•    Treasury Markets’s principles are:
o    Always act in the best interest of the Bank
o    Never Compromise the structural integrity of the balance sheet

Business
Under the guidance of the HoTM GCNA
Analytics / Reporting / Strategy
•    Ensure Statutory (both FSA and local regulations) Liquidity requirements and internal Group Limits are adhered to
•    Lead the way in the ALCO forum through active participation, providing ALCO members with timely balance sheet analysis and market information, ensuring other ALCO members are always engaged in an up-to-date Balance Sheet strategy that compliments the bank’s revenues aspirations
•    Propose, negotiate and regularly advise on the Funds Transfer Pricing Policy for the Bank, in a consistent manner and in compliance with the Group policies, taking into account local market dynamics
•    Support ALCO in decisions relating to Capital requirements and management, proposing investment strategies, and market research
•    Coordinate with IPMs to develop and execute strategy of deploying the commercial surplus through proactive management of intragroup funding limits and liquidity limits, to capture market opportunities and to deliver optimal returns for the bank.
•     Manage, optimise and provide insights to HoTM GCNA on the SCB TW balance sheet, e.g. balance sheet movements, track changes in liquidity profiles, NII forecasts under OBFTP framework. Monitor Trading desk funding profiles etc. 
•    Prove ability in managing change, especially when imposed by the external environment (regulatory)

Key Responsibilities

Operational Management of the Country’s Balance Sheet Risks 

•    Manage daily liquidity ensuring adherence to all internal and external limits
•    Maintain strategic capability to meet stressed liquidity conditions if and when required
•    Ensure that all lending and investment decisions are made within TCRO and Credit limits 
•    Ability to independently analyse the daily forecast reports and communicate with the global/regional/local teams on the ground (Treasury Liquidity, TRM, PC and business finance etc) and simultaneously share the feedback with the global/region/local teams, highlighting key areas of concern / issues (if any).Ensure that all compliance and Local regulatory requirements are met and reported as appropriate
•    Support and develop the payment systems and ensure the Bank’s liquidity supports the capability of meeting customer payment needs
•    Represent the Treasury Markets business in projects involving the implementation of major changes in the systems technology area

Support other Global Markets businesses by:

•    Providing funding support and competitive rates to trading and sales teams
•    Liquidity support to Group branches (London, Singapore, etc) in line with GALCO expectation
•    Assist and coordinate with the other Treasury Markets units in the region
•    Assist in building compliance culture within the country by ensuring full compliance in Treasury Markets 

Relationship with Clients

•    Ensure full understanding of other businesses’ strategies, providing support with regards to funding and pricing requirements
•    Network on behalf of the Treasury Markets business with internal customers, external market counterparties, and other SCB centres, in order to solicit customer feedback, gain market intelligence, benchmark trading techniques, and enhance the Bank's profile in the market

Ensure Money Laundering Prevention

•    Ensure money laundering prevention requirements and procedures are communicated and clarified to Treasury Markets staff
•    Ensure the procedure of suspicious transactions monitoring within Treasury Markets is communicated
•    Report any issues related to money laundering prevention arising within the unit to Business MLPO
•    Vet and assist in the investigation of suspicious transaction reports originating from unit staff
•    Communicate with Relationship Manager (RM) on money laundering requirements and suspicious transactions

Understand and be able to act on the Country Liquidity Contingency Plans
•    Ensure a full understanding of what is expected of Treasury Markets if the plan is activated. 
•    Develop and maintain strong relationships with of the sources of standby and emergency liquidity, including central banks. 
•    Actively monitor for and immediately alert senior management on any evidence that the bank could be about to encounter funding stress. 
•    Were this plan ever to be activated, support the primary in-country agents for raising liquidity, under the direction of the HoTM GCNA and country Treasurer

Manage the Human Resources for the Segment by
•    Succession Planning
•    Create opportunities for each team member to develop required skills, e.g. trading skills and risk appetite, and technical knowledge, through a process of coaching, appraisal, identification and taking action of training needs, with appropriate follow up to ensure that new learning is put to effective use
•    Ensure the relevant experienced staff are performing to their maximum potential and are fully engaged
•    Develop a performance culture within the team, through agreeing performance targets with each team member, monitoring and regularly reporting performance against target, acknowledging good performance and ensuring that it is appropriately rewarded.
•    Remain vigilant to the needs of the individuals and setting goals, which are consistent with Group standards.

Rate Submission

Act as a Rate Submitter as appropriate, in line with the defined Rates Setting Principles and as authorised and detailed in the respective Dealer Mandate

Processes
•    Treasury Markets business and risk management processes are defined and governed in various risk, governance and control committees (e.g. TM PGC) 

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
•    Ensure the provision of ongoing training and development of people, and ensure holders of all critical functions are suitably skilled and qualified for their roles such that they have effective supervision in place to mitigate any risks
•    Employ, engage and retain high quality people, with succession planning for critical roles

Risk Management
•    Manage the Group’s balance sheet and liquidity to within agreed limits. Ensure that a robust liquidity position is maintained and that any surplus liquidity is deployed prudently in line with the Bank’s objectives
•    Through assignment to direct reports, for regions and businesses under area of responsibility, ensure that adequate and appropriate systems, controls and procedures are in place to comply with
•    Adhere to Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation
•    Proactively advise and monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk and other stakeholders

Governance
•    Enforce a culture of risk management, control and governance, and ensure that the Treasury Markets team comply with the risk management processes in place
•    Take responsibility for guiding and influencing the ALCO, to ensure the balance sheet of the Bank is managed in line with the relevant governance guidelines and standards

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

•    Markets Desk Heads and Dealers operating within country 
•    Regional Head of Treasury CRO and CRO staffs in country
•    Treasury Liquidity/ TRM
•    Country ALCO members
•    Markets Operations staff
•    Heads of CIB/CB and RMs in country
•    Head of Retail Bank, and key managers
•    Financial Markets Heads and Heads of Treasury Markets in the region
•    Treasury Markets PGC members and Heads of Treasury Markets in Group hubs
Other Responsibilities
Embed Here for good and Group’s brand and values in Global Treasury Markets Team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Qualifications

•    EDUCATION: Degree Holder Preferred
•    TRAINING: Complete all required mandatory & developmental training – Role specific, and regulatory/compliance bank wide
•    LANGUAGES: Business level English & Mandarin  

Skills and Experience

•    Liquidity Management
•    Balance Sheet Management
•    Financial Products and Markets  
•    Governance, Regulation and Risk Management – Risk and Control
•    Knowledge of Organisation
•    Effective Communication
•    Governance, Regulation and Risk Management – Regulatory Compliance
•    Influencing Through Expertise
•    Financial Analysis
•    Investment Credit Risk 

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.