Manager, Derivative Operations

Job Description

*About Standard Chartered Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve 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 youre 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 cant 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, youll 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
Role Responsibilities Strategy SCB GBS India 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 and Chennai. Similar team size in 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 excellenceBusiness
• Financial Market Operations
Processes
• Equity Documentations, (EV) / Trade Control (TC)
People and Talent
• Product Knowledge Advanced
• Process Management Advanced
• Capacity Planning Advanced
• Operations Risk Management - Advanced
Responsible for the execution of accurate and timely reconciliations and break investigations according to the latest approved global, product, and regionally defined procedures.
• 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.
• Ensure all controls are applied including those defined in the Operational Risk Framework
• Liaison with Internal and External audit
• Equity EV representative for weekly and monthly Service Review Meetings
• Manage front to back product oversight across functions as per the Country Support model
• Supporting ad-hoc requests/projects/initiatives, on non-business days inclusive (if necessary)
• People Management and Succession planning of staff s cross product training across the desk, developing and grooming supervisor to expand product knowledge in Option, Rates, Commodities, Equities and Credit Derivatives
• Continuous product trainings/ presentations given from Front Office to facilitate greater understanding of the respective businesses and product knowledge
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 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 [country / business unit / function/[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
• 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.
• Traders and sales personnel from the Derivatives, business.
• Local CC and offshore FMO CC Teams
• WB Legal Department
• External customers
Other Responsibilities
• Supporting ad-hoc requests/projects/initiatives, on non-business days inclusive (if necessary)
Our Ideal Candidate
• Degree, Advanced/Higher/Graduate Diploma in Finance/Accountancy/Banking or equivalent
• Minimum 4 - 7 years proven experience in financial markets operations Middle Office/Confirmations/Settlements team for any asset classes
• 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
• Knowledge of ISDA terminology and definitions is desirable but not essential
• Proven experience in project management/ business analysis is desirable
• Knowledge of current prudential and regulatory market initiatives is desired. Familiarity with trade booking practices, SWIFT payment and confirmation gateways.
• Possess strong communication and inter-personal relationship skills
• 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
• Attention to detail
• Ability to meet tight deadlines for multiple deliverables
• Proactive team player.
• Independent but a good team player
• Excellent PC skills: MS Word, MS Excel, MS PowerPoint
• Flexibility to work in shifts or during public holidays
Visit our careers website www.sc.com/careers ,

Keyskills :
business analysisproduct trainingkeeping things simple