Job : Financial Markets
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 03/Apr/2023, 1:09:20 AM
Unposting Date : 17/Apr/2023, 5:59:00 PM


Role Responsibilities
Junior repo trader to join our Asia Repo desk based in Singapore. Candidate will be working closely with the head of Asia Repo trading, regional salespeople and the global Repo team to originate, price and execute repo and SBL trades across a full range of fixed income securities on behalf of the bank. Candidate will work closely with key stakeholders to manage PNL, risk, funding, margin, and settlements. The trader will utilise both internal and external third-party systems to help to provide accurate and fast quotes both to external clients and internal trading desks. Strategy

• Responsible for delivering Repo trading strategy across region.
• Responsible to maximise total product income by ensuring effective end to end client risk management/service.
• Consult and contribute to the growth and development of the Global Repo franchise.
• Be Informed and aware of the Group\xe2\x80\x99s business strategy and model appropriate to the role.
• Consult on the improvement of product offering to Client.
• Work with all stakeholders to improve processes, reduce risks and tighten up controls.

Business

• Originate, price and execute value-add transactions with Salespeople across the region in order to generate high RoRWA. Includes coverage of bank\xe2\x80\x99s fixed income short positions and financing long bond positions including maximising the value of exclusive portfolio lending.
• Promote, educate and assist with the execution of Repo/SBL trades across the banks salesforce whilst liaising closely with client coverage.
• Perform collateral management responsibilities to meet Bank\xe2\x80\x99s margining requirements.
• Take an active role in the Bank\xe2\x80\x99s cash liquidity deployment in conjunction with various treasury centres.
• Collaborate closely with middle and back office on settlement and operational issues.
• To increase SCB\xe2\x80\x99s visibility through risk adjusted competitive pricing for our clients.
• Manage risk from client trades prudently.
• To support the Repo team creating a mindshare of trade ideas /axes with clients, providing feedback on those ideas and client needs.

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 in the prevention of money laundering under the Group Policy and Standards and under local laws and regulations.
• Ensure all appropriate and documented internal controls and procedures are followed.
• Raise any issues of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations relative to responsibilities.

People & Talent

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations amongst colleagues and work in collaboration with risk and control partners.
• 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

• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Willingness to \xe2\x80\x98speak up\xe2\x80\x99 in the event of any realised or perceived breach of group conduct rules or laws by colleagues.
• Willingness to work with any local regulators in an open and cooperative manner.
• Establish, maintain and supervise the framework to ensure business functions under my area of responsibility comply with internal policies, procedures, codes and applicable external.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
• Support the team to achieve the outcomes set out in the Bank\xe2\x80\x99s 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.

Our Ideal Candidate

• 3 years of experience in Repo Trading
• Good academic qualifications
• Quick Thinking
• Committed
• Enthusiastic
• Diligent

Role Specific Technical Competencies

• Manage Conduct
• Manage Risk
• Market Knowledge
• Interest Rate & Currency Swaps
• Forwards and Futures \xe2\x80\x93 Hedging
• Foreign Exchange

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. Visit our careers website www.sc.com/careers