Job Description

RESPONSIBILITIES
Strategy

• Equity Middle Office TCG (Trade Control Group) function resides within the Financial Markets Operations (FMO) team in Standard Chartered Bank (SCB). Its core function revolves around trade validation activities with emphasis on capturing discrepancies in the economic terms between trade capture system and authorized source documents provided by the Front Office on trade date.
• KL Middle Office team provides coverage to Trading and Sales desks across ASEAN, Middle East, UK / Africa and US. Product coverage includes Derivatives \xe2\x80\x93 FX Options, Rates & Credit, Fixed Income, Commodities, Equities and FX/MM.

Business

• Financial Market Operations

Processes

• Equity Middle Office, Trade Control Group (TCG)

People and Talent

• Product Knowledge \xe2\x80\x93 Advanced
• Process Management \xe2\x80\x93 Advanced
• Capacity Planning \xe2\x80\x93 Basic
• Operations Risk Management - Core

Risk Management

• New and Amended Trade Validation
• Responsible for the execution of accurate and timely trade validation according to the latest approved global, product & regionally defined procedures.
• Applies to new and amended trade validation.
• Applies to trade capture where the workflow is not defined as FO / MO STP.
• Applies to validation versus approved source, booking model, and approved variant database.
• Products mainly include Equity Derivatives and Equity Financing products

Trade Life Cycling

• Responsible for the execution of accurate and timely trade life cycling according to the latest approved global, product, and regionally defined procedures.
• Applicable to exercises, rate resets and all types of market operations.
• Applicable to trade life cycling where the workflow is not defined as FO / MO STP.
• Applicable to validation versus approved source life cycling model

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.
• Applies to TLM, ex-TLM, inter, intra and all types of reconciliations managed by the Middle Office.
• 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.
• People Management
• Ensure all controls are applied including those defined in the Operational Risk Framework
• Liaison with Internal and External audit
• TCG representative for weekly and monthly Service Review Meetings
• Manage front to back product oversight across functions as per the Country Support model.
• Know-how on externally connected networks (Bloomberg / Reuters / ICE / Apex)

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\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 [country / business unit / function [team] to achieve the outcomes set out in the Bank\xe2\x80\x99s 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.
• 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.

Other Responsibilities

• Supporting any Ad hoc project/initiatives on non-business days inclusive

ROLE SPECIFIC TECHNICAL COMPETENCIES

• Degree, Advanced/Higher/Graduate Diploma in Finance/Accountancy/Banking or equivalent
• With 6 - 7 years of Ops experience
• Product knowledge on Equity derivatives and Equity Financing products
• Conceptual understanding of derivative transaction workflow and around market events like call, exercises, fixings, rollovers etc
• System awareness around TLM, Reuters/Refinitive, Bloomberg, Markitwire, TriResolve
• Experience with Murex highly desirable
• Knowledge of current prudential and regulatory market initiatives is desired. Familiarity with trade booking practices, SWIFT payment and confirmation gateways. Advanced
• Experience of dealing with Clients, Trading or Sales
• Experience of working within treasury function in trade verification or matching or settlements.
• Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally
• Proactive team player.
• Flexibility to work in shifts or during public holidays

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.

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