Associate Vice President, Trade Operations

Job Description

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role youve 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. The Role Responsibilities Strategy
• Exhibit qualities which demonstrate the group s strategy.
• To treat Customer s with Human touch and understand the importance at every business stage and inculcate this aspect in reporting Staff.
• To support strategic intent, on the growth of business, cross functional advantage and work on cost efficiency.
• To drive group strategy initiatives for the whole Unit.
Business
• To establish and maintain excellent working relationship with the customers to ensure prompt and effective responses to the various business requirements, queries and requests from them.
• To be aware of the business targets and ensure compliance.
• To devote special care for the Trade Transaction Owner Clients and ensure service delivery as agreed.
• To own the business transactions of Clients and ensure completion at all levels/stages on a sustained basis.
• To imbibe in Staff the Human factor for Customers across products.
Processes
• To ensure that all transactions are accurately checked, processed and released in compliance with statutory regulatory and internal operational instructions.
• To effectively monitor and ensure deals are being released as per the Departmental Operating Instructions manual, customer s instructions and within the timeliness and accuracy standards specified.
• To monitor and ensure transactions are handled with in the allocated approved limits at all times, on a continual basis, and this is reviewed periodically.
• Continuous Improvement in Productivity to the standards prescribed for the Processes from time to time.
• Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and reporting all suspicious Transactions to the Line Manager.
• Coordinate BCP / DR testing in addition to taking appropriate measure for managing a crisis situation
• Comply with Group AML/Fraud risk management policies/ procedures/ standards to the extent applicable and escalate any unusual/complex transaction on the AML/Fraud aspect to FCSO/FCC.
• Coordinate IT initiatives/issues with respect to TIU
• Support hubbing of TIU activities for non-hubbed markets as and when migrated
• Coordinate and support roll out of new alerts/other initiatives as and when rolled out.
• Undertake domestic/ international certifications relating to AML/Fraud risk as appropriate.
• Initiate and drive operational excellence activities as applicable.
• Help the TIU team in securing Acceptable audit ratings for the unit and ensure timely resolution of audit and Fraud risk related issues
• Ensure completion of the organization ILDP program
• To assist the implementation and roll out of Trade Data Quality Management Framework.
• Provide support to prepare the country pack with DQ results, Financial reconciliation report, Accuracy of the data attributes working closely with the country for review and sign-off
• Follow through, guide the country and business team for rectification of the issues identified in the DQ and Reconciliation report
• Support adhoc request for data extract or queries from business stakeholder and other users
• Ensure and monitor the changes being implemented in production are not impacting the existing production countries
People and Talent
• To ensure Staff in the team are being utilized to their optimum levels and derive maximum output. To ensure proper planning of Staffing for seamless service delivery.
• To ensure planned leaves and enough back-ups created for seamless business delivery.
• To ensure on-going training for Staff on the DOI, process upgrades and deputing them for product related trainings.
• To ensure the motivation levels of the Staff is kept high always.
• To encourage Staff to participate in C3, CSR activities.
• To ensure Staff issues are brought to the attention, discussion and resolved. Escalations to VP, SVP, HR, wherever necessary.
Risk Management
• Upholding the Values of the Group and Company at all times.
• Compliance with all applicable Rules/ Regulations and Company and Group Policies.
• To identify risk on a continual basis and derive mitigants on a sustained basis.
• To assess the risks involved in the processes and develop mitigants.
Governance
• Comply with Group Sanctions Policy and Procedures.
• Comply with Local Sanctions Policy and Procedures, if any.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s 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 [Trade Operations team] to achieve the outcomes set out in the Bank s 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
• To effectively manage key stakeholders, Country Offices, Regulators, Superiors, Peers, Subordinates.
Other Responsibilities
• To encourage Continuous Improvement initiatives for simplifying of the processes, procedures applying LEAN techniques. Convert opportunities and derive/record tangible results.
• To encourage standardization opportunities.
• To actively participate in the C3 initiatives, lead by example to Staff.
• To enthusiastically participate in the Quality initiatives of the organization and achieve expected results at work place.
Our Ideal Candidate
• Academic Qualification: Bcom / MCom / MBA / BE with relevant experience of 17+ years
• Relevant Trade Certification such as CDCS, CSDG, CTF as applicable to the role.
• Trade Level II & III certification completion.
• AML, Fraud & Sanctions Training, yearly certification.
• MS Office proficiency - specifically Excel and power point
• Knowledge on SCB systems will be an added advantage
• Effective collaborative skills that contribute to positive working relationships with counterparts across the team
• Good written and verbal communication skills.
• An inquisitive approach to practices and procedures.
• Personal authority and integrity.
• Independence and resilience.
• Any leadership training programs/certification would be an added advantage.
Visit our careers website www.sc.com/careers ,

Keyskills :
salesmarketingbusiness developmentmanagementaccountskeeping things simpledata qualityhuman skillslife insurancerisk management