Manager, Derivative Operations

Malaysia, Malaysia

Job Description

Role Responsibilities Strategy SCB GBS India Documentation hub supports more than 20 regional offices, covering a large array of Derivatives products ranging from Equity Derivatives, Commodity Derivatives, FX Options, Interest Rate Products and C Role Responsibilities Strategy SCB GBS India Documentation hub supports more than 20 regional offices, covering a large array of Derivatives products ranging from Equity Derivatives, Commodity Derivatives, FX Options, Interest Rate Products and Credit Derivatives. With the visions in acquiring new developing markets and pioneering of new evolving products will transform the business into new heights. The department is currently supported by about 32 staff across Bangalore and Chennai. Similar team in Kuala Lumpur. Derivatives Documentation desk currently consists of 32 team members from a variety experiences and different cultural backgrounds. With the continuous growth to support an increasingly demanding business within an ever-changing environment, this is a dynamic and enthusiastic team thriving for excellence Business Financial Market Operations Processes Equity Documentations, (EV) People and Talent Product Knowledge - Advanced Process Management - Advanced Capacity Planning - Advanced Operations Risk Management - Advanced Risk Management Understand the day to day operations for the various product businesses between Middle Office and Confirmations team. Key deliverables to integrate both teams. Delegate workload across both teams efficiently to yield maximum staff capacity. Management and co-ordination of Change management for India OTC Derivatives on strategic initiatives, including monthly reporting to key stake holders Develop relationships with the various internal stakeholders (for example, Middle Office, Front Office, Legal and Customer Services Groups, Product Enablement (TMG), Settlements and Senior Management in FMO) Assist in production of various reports to be presented to Senior Managements Assist management to develop the growth and development for all the staff Cascade and support management&rsquos visions to the team members Working with management team to develop and implement of innovative solutions, providing value added support to new markets and new products and FMO teams. Continuously creating opportunities/efficiencies on process improvement and professional development within the team and across the bank Reconciliation and Exception Queue Management Responsible for the execution of accurate and timely reconciliations and break investigations according to the latest approved global, product, and regionally defined procedures. Query, Investigation and Escalation Management Responsible for the execution of accurate & timely management of queries, investigation and escalation according to the latest approved global, product and regionally defined procedures. Applies to all management of all queries, investigations, and escalations. Ensure all controls are applied including those defined in the Operational Risk Framework Liaison with Internal and External audit Equity EV representative for weekly and monthly Service Review Meetings Manage front to back product oversight across functions as per the Country Support model Supporting ad-hoc requests/projects/initiatives, on non-business days inclusive (if necessary) People Management and Succession planning of staff&rsquos cross product training across the desk, developing and grooming supervisor to expand product knowledge in Option, Rates, Commodities, Equities and Credit Derivatives Continuous product trainings/ presentations given from Front Office to facilitate greater understanding of the respective businesses and product knowledge Governance Customer Service Standards Performance/Productivity Operational Risk Management Compliance Cost Control Audit Grades Self-Development Regulatory & Business Conduct Display exemplary conduct and live by the Group&rsquos 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 [country / business unit / function/XXX [team] to achieve the outcomes set out in the Bank&rsquos Conduct Principles: [Fair Outcomes for Clients Effective Financial Markets Financial Crime ComplianceThe Right Environment.] . Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation]. [Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries] Serve as a Director of the Board of [insert name of entities] Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent) Key Stakeholders Derivatives FIC Front Office globally but primarily in Asia. Derivatives Operations units globally. Derivatives Documentation globally. Markets Operations Controls globally. Product Control globally. Market Risks globally. Customer Service Group globally. Shared Service Centres globally. Global Markets Operations globally. Various Middle Office sites. Traders and sales personnel from the Derivatives, business. Local CC and offshore FMO CC Teams WB Legal Department External customers Other Responsibilities Supporting ad-hoc requests/projects/initiatives, on non-business days inclusive (if necessary) Our Ideal Candidate Degree, Advanced/Higher/Graduate Diploma in Finance/Accountancy/Banking or equivalent Advanced Minimum 4 - 7 years proven experience in financial markets operations - Middle Office/Confirmations/Settlements team for any asset classes Advanced Product knowledge on Equity derivatives and Equity Financing products Advanced Conceptual understanding of derivative transaction workflow and around market events like call, exercises, fixings, rollovers etc Advanced Knowledge of ISDA terminology and definitions is desirable but not essential Expert Proven experience in project management/ business analysis is desirable Expert Knowledge of current prudential and regulatory market initiatives is desired. Familiarity with trade booking practices, SWIFT payment and confirmation gateways. Expert Possess strong communication and inter-personal relationship skills Expert Experience of working within treasury function in trade verification or matching or settlements. Advanced Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally Advanced Attention to detail Expert Ability to meet tight deadlines for multiple deliverables Expert Proactive team player. Independent but a good team player Expert Excellent PC skills: MS Word, MS Excel, MS PowerPoint Advanced Flexibility to work in shifts or during public holidays Advanced About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 160 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 Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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

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Job Detail

  • Job Id
    JD851054
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Malaysia, Malaysia
  • Education
    Not mentioned