RESPONSIBILITIES

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’ 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 Liquidity Manager and Head of Treasury Markets Japan

a) Analytics & Reporting: 
•    Provide reports and insights to the Liquidity Manager and Head of Treasury Markets Japan on the Balance Sheet, e.g. balance sheet movements, track changes in liquidity profiles, NII forecast under OBFTP framework. Monitor Trading desk funding profiles etc. 
•    Ability to independently analyze the daily forecast reports and communicate with the local teams on the ground (Treasury, Market Risk, Product Control and business finance etc) to analyze the daily reports/forecasts and simultaneously share the feedback with team members and highlight key areas of concern / issues (if any).
•    Perform cash flow and ratio forecast calculations with regards to maturity profiles, regulatory ratios etc.
•    Communicate the funding requirements / excess liquidity position with the Liquidity Manager and Head of Treasury Markets Japan.
•    Convey capacity on limits.

b) Estimate and plan for the internal funding and deposit taking requirements of other units of the Bank: 
•    Liaise with other business units to obtain the best possible view of asset pipelines and forecast liability generation.
•    Ensure adherence to all regulatory requirements and all internal liquidity metrics
•    Determine the level of marketable security holdings to facilitate the Bank making payments within the local RTGS system (in relevant countries).
•    Raise a flag to senior management on any concerns over the Bank’s capacity to easily meet projected funding requirements.

c) Meet all funding and deposit taking requirements whilst maintaining regulatory ratios, stress and prudent liquidity requirements: 
•    Access the money markets as required; either with other banks directly or through interdealer broker; raising and placing liquidity to ensure liquidity limits are adhered to whilst maximising economic value to the Bank
•    Proactively establish and maintain good relationships with direct wholesale customers, including central banks Swap funding between currencies to meet liquidity requirements and to minimise funding costs. 
•    Execute intragroup funding plan. 
•    Participate in local central bank operations and facilities as required. 
•    Provide oversight to Treasury Services in ensuring adequate intra-day liquidity to facilitate all payments / to meet pay-in obligations with RTGS. 
•    Liaise with the repo desk as part of the liquidity management plan to ensure adequate usage of liquidity assets.  
•    Preposition eligible securities at the local central bank to be used as backstop liquidity. 
•    Forecast should there be a requirement to purchase securities to meet the statutory, stress, payments, or prudent requirements. 
•    Forecast should there be a requirement to raise medium term funding. 

d) Operate within Treasury Markets’ liquidity and credit limits:
•    Provide robust oversight in MCO, Wholesale Borrowing, LCR, Survival Horizon and swapped funding guideline, as detailed in the Treasury Liquidity limits and HK local MATs. 
•    Flag any potential liquidity limit issues in advance.  
•    Flag any potential credit limit issues to the Liquidity Manager and Head of Treasury Markets Japan in advance. 
•    Assist Liquidity Manager and Head of Treasury Markets Japan to request for temporary and permanent limits to Treasury Liquidity, Market Risk and Credit, where appropriate. 

e) Assist the Liquidity Manager and Head of Treasury Markets Japan to maintain desired ratios as directed by the TM Liquidity Management team, prudently manage regulatory reserves, LCR and other key ratios alongside country local statutory requirements (where applicable)

f) Discuss and agree with the Liquidity Manager and Head of Treasury Markets Japan to produce daily ITP curves for the Bank’s marginal cost of funding in local and major foreign currencies, fixed and floating, for funds transfer from or to the rest of the Bank:
•    Ensure this curve encourages an overall balance of liquidity yet does not unduly disadvantage any business unit. 
•    Provide oversight to ensure that liquidity risk from the commercial balance sheet is being transferred to Treasury Markets as per policy. 
•    Ensure that funding costs are accurately reflected accordingly to FTP policy. 
•    Manage the relationship with the local key stakeholders.

g) Understand and be able to act on the Country Liquidity Contingency Plan:
•    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, act as the primary in-country agent for raising liquidity, under the direction of the Liquidity Manager and Head of Treasury Markets Japan. 

h) Money Laundering Prevention:
•    Ensure money laundering prevention requirements and procedures are communicated to unit staff in Financial Markets. 
•    Ensure the procedure of suspicious transactions monitoring within Financial Markets is followed. 
•    Report any issues related to money laundering prevention arising within the unit to Business MLPO and unit head. 
•    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

i) Support other financial markets businesses:
•    Support and monitor, on behalf of Japan’s product / book owner, FX spot and forwards transaction for clients and exposures within dealing mandate and TRM limit in Japan.

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

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 teams comply with the risk management processes in place
•    Take responsibility for guiding and influencing the ALCO and Deposit Working Group, 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.
•    Take personal responsibility to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]  
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Comply with all applicable laws and regulations across jurisdictions. 

Key Stakeholders

Internal Stakeholders: 
•    TM Liquidity Management team
•    Markets Sales and Trading, DCM
•    Relationship Managers
•    Treasury Liquidity / Treasury Capital
•    ALCO (as appropriate)
•    TRM (as appropriate)
•    Relevant product partners (RB/PvB/TB)

External Stakeholders: 
•    Local and International Banks
•    Regional Central Banks, especially in relation to Money Markets, Liquidity and Capital Regulation
•    Money Market Brokers 
•    Direct wholesale customers

Other Responsibilitie

• Embed Here for good and Group’s brand and values in the Global Treasury Markets team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Qualifications

•    Highly numerate, fast thinking
•    A good understanding of cash, bond and derivative markets, with an emphasis on detail and anticipation
•    Ability to build and maintain good relationships with internal and external partners
•    Ability to spot funding, liquidity and arbitrage opportunities within cash markets
•    Academic or Professional Education/Qualifications; degree holder preferred
•    Bank training; complete all required mandatory & developmental training - role specific, and regulatory/compliance bank wide 
•    Certifications/Licenses; As per the local and global regulatory requirements
•    Education; degree holder preferred
•    Languages; business level English

Role Specific Technical Competencies
•    Risk Management and Internal Controls 
•    Risk Management - Market / Liquidity
•    Financial - Balance Sheet Management
•    Financial - Yield Curves
•    Bank Treasury Management – Treasury Markets
•    FM Products – Money Markets
•    FM Products – Fixed Income Analysis
•    Treasury Operations - Balance Sheet management - Financial Products and Markets

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.