Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank\xe2\x80\x99s liquidity, capital, and balance sheet position. Treasury is laser-focused on its vision to be \xe2\x80\x9cOpen, progressive and trusted, working commercially with our partners\xe2\x80\x9d to create sustainable value by balancing the supply and demand of liquidity and capital.
Within Treasury (which comprises Capital, Liquidity & Markets), the Treasury Liquidity function is responsible to driving the strategic liquidity agenda, including Funds Transfer Pricing (\xe2\x80\x98FTP\xe2\x80\x99) and Interest Rate Risk in the Banking Booking (\xe2\x80\x98IRRBB\xe2\x80\x99). Within this context, the FTP team works with key stakeholders at the country level to ensure policy application and with a broader universe of stakeholders to ensure the application of policy is appropriate to drive the strategic outcomes for the balance sheet.
The goal of FTP is to create an internal pricing environment where:
The relative liquidity costs and benefits of doing individual businesses are well appreciated.
The interest rate risk that businesses run is neutralized and/or effectively managed; and
Pricing is a commercial enabler, by being consistent enough to make comparative assessments between different activities while remaining flexible enough to drive desired commercial outcomes.
This role will be focused on working with countries and businesses to ensure best FTP practice, working across the FTP process flow to provide accurate end to end FTP computation, and modelling changes to various components that impact FTP, including the pricing calculations, rates environment, and balance sheet.
Strategy
Work with key FTP stakeholders to create an effective pricing environment across the entire FTP process flow, with particular focus on increasing pricing transparency.
Leverage existing, and supplement with new, models to show how changes in key variables drive changes in FTP rates and accruals.
Help refine the FTP process flow to ensure accuracy and effectiveness of pricing environment.
Business
While the below is not exhaustive, the role will aim to achieve the below core objectives based on business priorities:
Work with the businesses to demystify the components of FTP, understand the drivers of their rate and accruals, optimize their portfolio strategy to maximize returns, and forecast future FTP changes.
Drive the build out of the FTP MIS and analytics available to stakeholders to improve transparency and enhance the quality of FTP decision making
Support initiatives to appropriately price consumption of scarce balance sheet resources to encourage efficient resource allocation.
Processes
Support transparent and efficient end to end FTP process.
People & Talent
Develop junior talent across locations and integrate offshore GFS support team with onshore FTP policy team
Risk Management
Focus on operational risk management of FTP process at the group and country levels.
Regulatory & Business Conduct
Display exemplary conduct and live by the
. * 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 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.
Key stakeholders
Treasury Liquidity FTP Team
Regional Treasurers and their Teams
Business Stakeholders
Treasury \xe2\x80\x93 Markets Teams
Country and Business CFOs and Finance Teams
Product Control
Treasury Liquidity Modelling & Platforms
GALCO, RALCOs and Country ALCOs
Our Ideal Candidate
Degree in Finance (MBA) / Economics / Quantitative fields from a reputed institution.
Finance Professionals (Qualified Chartered Accountant) or Certifications like FRM, PRM or CFA will be an added advantage.
9+ years proven experience in Treasury Liquidity, Balance Sheet Management and/or Finance with a strong understanding of FTP from top-tier banks / consultancy firms
Experience in data analysis, data architecture, data transformations, building end to end inhouse data flows (pipes) from source to output, in a bank environment will be an added advantage
Role Specific Technical Competencies
FTP
Balance Sheet Management
Financial Reporting and Performance Management
Data Analytics (Python, R, SQL, SAS, Power BI etc.)
IRBB
About Standard Chartered
We are an international bank, nimble enough to act, big enough for impact. For more than 160 years, we have 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 are 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 cannot 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 will 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 have 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.