Market Products Specialist

Kuala Lumpur, Malaysia

Job Description


Role Responsibilities

  • Responsible for achieving Wealth Markets Products and Sales, BC Sales (WMPS), Malaysia budget.
  • Ensure delivery and implementation of strategic plans for BB on market products to meet financial budget based on respective portfolio.
  • To establish and maintain key relationships with internal/external clients/counterparty on expanding the current portfolio through an increase in new clients and volume.
  • Support the development of digital platform which focuses on productivity/scalability and efficiency.
  • Provide advisory to RM/TS/Client via formal write up/conference call on market movement and drive the desired business outcome through superior advisory skills.
  • Exercise due care and diligence on matters related to Money Laundering and KYC in the day to day operations, which include account opening and reviews, transaction monitoring, reporting suspicions, customer communication, implementing new requirements, operating procedures, acquire relevant knowledge and training, and provide support to relevant stakeholders.
  • Adhere to all key policy and procedures applicable
  • Highly disciplined and observe house rule set by desk head.
  • Ability to work together with a mixture of independence, self motivation and initiative.
Strategy

Ensure steady growth in WMPS - BB revenue

a) Directly : Foreign exchange profit, Fee income through sales of FX and investment product

b) Indirectly : Commissions and fees through remittances, PCI transactions, bills transactions, and other cross marketing services.

Business
  • Dedicated to servicing Business Banking clients in FX sales, marketing and support.
  • To build relationship with customers and increase FX sales volume.
  • Get new FX businesses via phone contacts and marketing calls.
  • Ensuring Forward limits are optimally utilized.
  • Provide FX product training to Business Banking, Trade and Working Capital sales staff.
  • Innovative in packaging FX products to cater for clients
  • Ability to work together with a mixture of independence, self motivation and initiative.
  • Driven by ambitious profit budgets.
  • Clear communication skills.
  • Experience in quoting Spot and Forward rates.
  • Knowledge in structured products would be an advantage
  • Practical technical skills in Global Markets products and some general knowledge in banking and current affairs.
  • Excellent marketing and management skills.
  • Ability to converse in English, Malay, Mandarin and other Chinese dialects.
Processes

All WMPS and FM process, policies and guidelines

People and Talent
  • Coordinate with sales staffs / specialists and work in collaboration with risk and control partners.
  • Ensure the provision of ongoing training and development of people, 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\xe2\x80\x99s financial information, identify key issues based on this information and put in place appropriate controls and measures.
  • Act under the Group\xe2\x80\x99s Risk Management Framework.
  • Ensure a full understanding of the risk and control environment in area of responsibility
Governance
  • Responsible for assessing the effectiveness of the Group\xe2\x80\x99s 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.
  • Responsible for delivering \xe2\x80\x98effective governance\xe2\x80\x99; 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\xe2\x80\x99s 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 Malaysia WMPS team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders

Internal

All banking divisions, notably Direct and Indirect reports, WM product, segment owners, product owners, FM Sales, DCM , Structuring, credit, risk, support functions including and not limited to L&C , ITSC and operations

External
  • Business Banking Clients, through their directors, finance managers and assistants
Other Responsibilities
  • Embed Here for good and Group\xe2\x80\x99s brand and values in WMPS Malaysia team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Our Ideal Candidate
  • PPKM license
  • IPPC or Securities Commissions Malaysia Module 6&7
  • Good knowledge in Financial Market Products
  • Willingness to learn multiple FM products and establish footing in key areas
  • Great interpersonal skills as job entails managing multiple stakeholders
  • Team player while self-driven/result oriented
  • Ability to work under pressure and stay focused on the objective
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.

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Standard Chartered

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Job Detail

  • Job Id
    JD898568
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned