Job Description

Job: Institutional Banking

Primary Location: Asia-Singapore-Singapore

Schedule: Full-time

Employee Status: Permanent

Posting Date: 16/Feb/2023, 10:07:02 AM

Unposting Date: Ongoing

Role Responsibilities

• This is an opportunity for the candidate to get involved in shaping the critically important function of the bank, Trade Distribution (TD). The role is an important enabler as Trade Distribution function plays a strategically important role in achieving the Bank\'s balance sheet and revenue objectives while supporting the needs of our clients.
• As one of the market leaders in Trade Distribution space, Standard Chartered is proactively working towards the next wave of transformational initiatives, embedding originate to distribute even more strongly at the very core of Trade Finance & Working Capital management. The initiatives span across several streams - building agile, highly automated, scalable infrastructure for growth to sustainability to a highly innovative product suite. This role offers unparalleled experience in managing the transformation across these initiatives, including implementing and commercialising several of the systems and infrastructure initiatives.
• With the vision to deliver best-in-class, robust risk management and governance framework with effectively managed risk and controls are critical enablers. The candidate will be instrumental in implementing operational risk framework for Trade Distribution, including monitoring risk and controls, streamlining control processes and leading automation initiatives for effective management of risk.

Strategy

• Programmes manage delivery of Trade Distribution strategic initiatives - including development of product and infrastructure solutions for evolving distribution structures, developing focussed client value propositions, return management initiatives, etc.
• Build, commercialize innovative Trade Distribution capabilities and product solutions across regions.
• Effectively manage risks within Trade Distribution processes. Implement applicable internal policies, and external laws and regulations and ensure compliance across distribution processes.

Business

• Manage the implementation of infrastructure initiatives to ensure on time, on budget, high-quality delivery. Co-ordinate execution and ensure alignment across internal and external stakeholders for the delivery of product and infrastructure solutions.
• Drive the commercialisation of product capabilities, client value propositions and replication stories to drive the business strategy.
• Manage the roll out of Product governance across countries including but not limited to risk participation, true sale, syndications, Trade underwriting guidelines, etc.
• Own the risk and governance framework ensuring regular monitoring of risk and controls and implementation of assurance checks in Trade Distribution. Partner with Risk stakeholders, effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Maintain oversight on Trade Distribution Operations and Trade Distribution Middle Office for effective post-execution and investor service delivery. Manage the outsourcing governance and contingency requirements.

Processes

• Continuously improve the operational efficiency and effectiveness of processes.
• Lead process redesign and automation initiatives to improve governance and compliance with credit, legal and regulatory requirements.
• Ensure on the ground adoption through continuous training and awareness around risk and corresponding mitigating actions.

People and Talent

• Collaborate effectively within team and across stakeholders from legal, compliance, OR, CRC, tax, product, CSDG and Trade Origination on ironing out any blockages in distribution processes and capabilities.

Risk Management

• Identify and drive cross functional & governance related requirements including Ops Risk Framework, Tax, Conduct, Compliance requirements, OCIR, Outsourcing governance and associated activities.

Governance

• Ensure effectiveness of controls through reviews with Risk stakeholders. Ensure the embedding of governance frameworks for Trade Risk participation execution.
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Demonstrate and be responsible for an active awareness and understanding of the regulatory framework in which the Group, Trade and Trade Distribution operate and the regulatory requirements and expectations relevant to the role.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Trade Distribution
• Trade Distribution Operations
• Trade Distribution Middle Office
• Trade Product Management
• Trade Product Development
• Trade Technology
• Cross functional stakeholders: Operational Risk, Legal, Compliance, Tax, Product, CRC, CSDG and Trade Origination

The role offers a unique opportunity for the candidate to play an instrumental role in the transformation of Trade Distribution, thus building on a thorough knowledge of trade finance, with syndication & distribution exposure. The role allows the candidate independence and ownership of some of the critical enablers for Distribution, including product development and management of risk and governance. Interaction with a globally spread-out team, offering a truly global experience. It will help build product and process knowledge around trade finance and distribution.

• Business - Strategy and Model: Exposure to Trade Distribution, trade finance, structuring & distribution.
• Business - Market Knowledge: Exposure to deal execution aspects, investor service management and ownership of commercialisation and replication efforts in Trade Distribution.
• Risk Management, Compliance and Internal Controls: Insight into governance, process and project management on initiatives.
• Soft skills: Opportunity to hone skills such as stake holder management, project management, presentation and communication skills.

Our Ideal Candidate

• 5 + years of experience in Banking.
• Strategic mindset with Strong programme management skills.
• Good business judgment and strong in operational control and risk assessment. Analytically inclined to search for reasons and causes behind events and decisions.
• Process oriented: Ability to delve from broad vision to details. Ability to brainstorm on all the factors that might impact a situation.
• Strong interpersonal skills in networking and influencing decisions taken in the business and in support teams.
• Effective communication skills: Well-developed written and spoken communication skills.
• Teamwork: ability to work in a cross-cultural team and maximize the team effort.

Role Specific Technical Competencies

• Manage Conduct
• Risk Management and Internal Controls
• Manage People
• Compliance - Governance, Oversight and Control
• Risk Management - Market / Liquidity
• Business - Strategy and Model
• Business - Market Knowledge

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 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. -

Additional Information

Career Level

Not Specified

Qualification

Not Specified

Job Type

Full-Time

Job Specializations

,

Company Overview

Standard Chartered is a leading international bank, with more than a 150-year history in some of the world\'s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East.

With more than 1,100 branches and offices in 68 countries, we offer exciting and challenging international career opportunities.

Additional Company Information

Registration No.

201224747C

Company Size

More than 5000 Employees

Average Processing Time

30 days

Industry

Banking / Financial Services

Singapore Post