IR Derivative Trader

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 ResponsibilitiesStrategy

• Assist in developing and implementing trading strategy for Rates derivatives products

• Maximise total product income by ensuring effective end to end client risk management/service

• To grow the rates franchise in India, with primary focus on Interest Rate Derivatives

• Awareness and understanding of the Group s business strategy and model appropriate to the role

• Assist the automation of product offering to Clients

• Drive the client engagement for RWA optimisation to improve the overall FM product RoRWA

Business

• Achieving assigned full year budget as per annual P3 document

• To increase SCB s visibility through competitive pricing rates derivatives for our clients

• To deepen existing client relationships through regular conversations and by giving market colour in line with guidelines.

• To work with Sales/RM to identify new prospects and client opportunities

• Provide sales desk with competitive pricing and product support in our endeavour to outserve

• To explore new products and structures to increase the breadth and depth of the market

• Manage risk from client trades

Processes

• Ensure adherence to all internal and external regulations. To embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance. Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations. Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations

People and Talent

• Contribute to continuous process improvement and sharing best practice

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 s financial information, identify key issues based on this information and put in place appropriate controls and measures

• Comply with guidelines as outlined in the annual dealer mandate

Governance

• Responsible for assessing the effectiveness of the Group s 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.

• Willingness to speak up in the event of any realised or perceived breach of group conduct rules or laws by colleagues

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.

• Take personal responsibility to achieve the outcomes set out in the Bank s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.

Key StakeholdersInternal

• Sales, Research and Structuring globally

• Relationship managers and Market Risk Officers

• Legal & Compliance

• FM Head of India

• Macro Trading, South Asia

• Support functions including PC, Finance, Operations, Middle Office, and IT.

External

• Key clients and potential new clients

• Central Bank and Regulatory Bodies

Other Responsibilities

• Embed Here for Good and Group s brand and values for Financial Markets globally.

• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• Academic or Professional Education/Qualifications; degree holder preferred

• Bank training; complete all required mandatory & developmental training - role specific, and regulatory/compliance bank wide

• Languages; business level English

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.Role is an individual contributor role. There will also be team related responsibilities assisting colleagues to help achieve team and bank-wide objectivesTo support the FM Sales team by showing axes and giving market colour in line with guidelinesResponsible for delivering effective governance ; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative mannerEffectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters,

Keyskills :
operational risk managementrisk management product supportrisk monitoring operational riskbusiness strategy client engagementfin