Spl'st, Otc Deriv. Ops, Cfms

Bukit Jalil, Kuala Lumpur, Malaysia

Job Description


Role Responsibilities

Strategy*

SCB GBS Malaysia Trade Control / 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 100+ staff across Bangalore, Chennai and Kuala Lumpur.

Derivatives Documentation desk currently consists of 100+ 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*
  • End to end documentation for Derivatives products ranging from Equity Derivatives, Commodity Derivatives, FX Options, Interest Rate Products, Credit and all other derivatives product.
People & Talent *
  • Product Knowledge \xe2\x80\x93 Entry, Process Management \xe2\x80\x93 Entry , Operations Risk Management - Entry
Risk Management*

\xc2\xb7 Understand the day to day operations for the various product businesses between Middle Office and Confirmations team. Key deliverables to integrate both teams.

\xc2\xb7 Management and co-ordination of Change management for OTC Derivatives on strategic initiatives, including monthly reporting to key stake holders

\xc2\xb7 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)

\xc2\xb7 Assist in production of various reports to be presented to Senior Managements

\xc2\xb7 Assist management to develop the growth and development for all the staff

\xc2\xb7 Cascade and support management\xe2\x80\x99s visions to the team members

\xc2\xb7 Working with management team to develop and implement of innovative solutions, providing value added support to new markets and new products and FMO teams.

\xc2\xb7 Continuously creating opportunities/efficiencies on process improvement and professional development within the team and across the bank

\xc2\xb7 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.

\xc2\xb7 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.

\xc2\xb7 Ensure all controls are applied including those defined in the Operational Risk Framework

\xc2\xb7 Supporting ad-hoc requests/projects/initiatives, on non-business days inclusive (if necessary)

\xc2\xb7 Continuous product trainings/ presentations given from Front Office to facilitate greater understanding of the respective businesses and product knowledge

Governance

\xc2\xb7 Customer Service Standards

\xc2\xb7 Performance/Productivity

\xc2\xb7 Operational Risk Management

\xc2\xb7 Compliance

\xc2\xb7 Cost Control

\xc2\xb7 Audit Grades

\xc2\xb7 Self-Development

Regulatory & Business Conduct *
  • Display exemplary conduct and live by the
. * 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 [OPS FM Ops \xe2\x80\x93 Confirmations 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.
Key stakeholders*

\xc2\xb7 Derivatives FIC Front Office globally but primarily in Asia.

\xc2\xb7 Derivatives Operations units globally.

\xc2\xb7 Derivatives Documentation globally.

\xc2\xb7 Markets Operations Controls globally.

\xc2\xb7 Product Control globally.

\xc2\xb7 Market Risks globally.

\xc2\xb7 Customer Service Group globally.

\xc2\xb7 Shared Service Centres globally.

\xc2\xb7 Global Markets Operations globally.

\xc2\xb7 Various Middle Office sites.

\xc2\xb7 Traders and sales personnel from the Derivatives, business.

\xc2\xb7 Local CC and offshore FMO CC Teams

\xc2\xb7 WB Legal Department

\xc2\xb7 External customers

Qualifications*

Training, licenses, memberships and certifications
  • Degree, Advanced/Higher/Graduate Diploma in Finance/Accountancy/Banking or equivalent
  • Ability to read, write and speak Chinese or Mandarin fluently
Nice to have
  • Experience in financial markets operations \xe2\x80\x93 Middle Office/Confirmations/Settlements team for any asset classes
  • Product knowledge on FX Derivatives, Commodities, FX Options, Interest Rate Products, Credit Derivatives and Structured Notes.
  • Conceptual understanding of derivative transaction workflow, trade lifecycle and around market events like call, exercises, fixings, rollovers etc
  • Possess strong communication and inter-personal relationship skills
  • Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally
  • Ability to meet tight deadlines for multiple deliverables
  • Proactive team player. Independent but a good team player
  • Flexibility to work in shifts or during public holidays
  • Excellent PC skills: MS Word, MS Excel, MS PowerPoint
Role Specific Technical Competencies
  • Degree, Advanced/Higher/Graduate Diploma in Finance/Accountancy/Banking or equivalent
Ability to read, write and speak Chinese or Mandarin * Experience in financial markets operations \xe2\x80\x93 Middle Office/Confirmations/Settlements team for any asset classes

Conceptual understanding of derivative transaction workflow and around market events like call, exercises, fixings, rollovers etc

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
    JD976257
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bukit Jalil, Kuala Lumpur, Malaysia
  • Education
    Not mentioned