New Business Lead, Margin Operations

Job Description

*About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.The Role ResponsibilitiesKey Requirements:

• Provide a single point of contact for the global Margin Operations team to feed in business requests.
• Work collaboratively with the Margin Ops MT, providing updates and discussing solution ideas.
• Work with Senior Management, COO, Business and Technology to understand and prioritize new business requests and feed these into MPR/QPR approval process.
• Partner with Ops Risk to perform an end-to-end review of non-standard/bespoke processes.
• Manage and build relationships with key stakeholders including Business, Legal / FMC, Credit, XVA, Compliance, Technology and other operational teams, to drive forward new business requests or to manage communication of barriers preventing requests from moving ahead.
• Track and report on enablement, on-going compliance with the agreed process, and monitor impact including BAU controls, procedures and technology development where implementation is post go live.
• Review and set up New Collateral agreements for CSA, GMRA/GMSLA, Intermediation, CNPA, DLC and other bespoke agreements with non-standard terms
• Review and Approve Booking Models/New Products/Product Change impacting trade stamping collateral process
• Work with FMC Legal to review the updates by NCEC Committee to determine whether the existing system can support
• Provide oversight and briefings for the Global Product Owner in order to make informed decisions on new business.
• Train / educate the BAU leads on the new processes and controls being implemented for new business.
• Embed the Group s Values and Group Code of Conduct in the daily process and ensure adherence with the highest standards of ethics, complying with relevant policies, processes and regulations.
• Ensuring any change is aligned with the BAU Margin Operations and F2B supporting processes and control frameworks

People and Talent

• Lead through example and build the appropriate culture and values. Sets appropriate tone and expectations for their team and work in collaboration with risk and control partners.
• Employ, engage and retain high quality people such that FM Operations is skilled and experienced to deliver its obligations.
• Ensure the provision of ongoing training and development; ensure that direct reports are suitably skilled and qualified for their roles and that they have effective supervision in place to mitigate any risks.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Key Stakeholders

• FMO Margin Ops
• FMO MT
• FMO Regulatory Operations
• FMO Cash Settlements
• FMO Securities Operations
• Technology
• FM & Regional COO
• FM Business Heads
• TCRM
• Finance including Product Control
• Legal & Compliance
• Operational Risk

Our Ideal Candidate

• Market Knowledge: awareness and understanding of the wider business, economic and market environment in which the firm operates.
• Business Strategy and Model: awareness and understanding of the firm s business strategy and model appropriate to the role.
• Risk Management and Control: the ability to identify, assess, monitor, control and mitigate risks to the firm. Also, an awareness and understanding of the main risks facing the firm and the role the individual plays in managing them.
• Governance, Oversight and Controls: the ability to assess the effectiveness of the firm s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas.
• This role would require 10+ years of relevant experience, covering the implementation of strategy into technology solutions, part of which is operating at the Group level of sizeable international companies
• At least 10 years of working experience in Operations Risk, Collateral Management, Middle office and banking operations
• Understanding of margin and portfolio reconciliation requirements under Doff-Frank, EMIR, HKMA, MAS etc
• Expert understanding of OTC Derivative, MTM valuation, Margining, ISDA/CSA, Repo and SBL and Trade sensitivities
• Sound understanding of the functioning of various asset classes, Trade Life Cycle, FO & MO functions and front to bank processing
• Sounds knowledge of industry platforms like Acadiasoft, Tri-Resolve, Bloomberg, Reuters, IM Exposure Manager etc
• Ability to communicate effectively with peers, senior management and other stakeholders within the organisation.
• Ability to work well under pressure and meet tight deadlines
• Excellent written & spoken communication, good team player and self-motivated
• Knowledge of operational processes, operational risks and controls
• Proven ability to support identification of operational risks and to suggest control enhancements
• High level of PC literacy with a strong understanding of Microsoft Products

Apply now to join the Bank for those with big career ambitions. To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.,

Keyskills :
salesaccountsbankingbrochure designbusiness cardscode of conducttrade life cyclelife cyclenew businessmiddle officeoperational risksenior managementbusiness strategyworking experiencetechnology solutions