Job : Institutional Banking
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 04/Apr/2023, 3:39:58 AM
Unposting Date : 06/Apr/2023, 5:59:00 PM


Role Responsibilities
The Commodity Trade Finance Team (\xe2\x80\x9cCTF\xe2\x80\x9d) is a centralized commodity trade finance team of industry experts. They are responsible for bringing the whole spectrum of trade products both vanilla and non-vanilla/bespoke to the Commodity Client base of the Bank, including from external partners as appropriate. The CTF team will be responsible for:

• Ensuring that the CTF portfolio of the Bank is optimal to deliver the risk-reward outcome.
• That the structuring of the facilities at the client level will achieve optimal risk-reward outcome. This will include need for sustainable RoRWA and other financial metrics derived from Trade and Cash products, within the CTF portfolio.
• Monitoring of client-level risk metrics and red flags, such as, financial performance, fulfilment of facility conditions, deferred documentation, deficiencies or exceptions in transactional documents, internal red flags from FCSO / CFCC, external red flags such as negative news.
• The end-to-end trade cycle at transaction level, including controls and monitoring.

CTF is a core part of the product management team that is accountable for ensuring that the solutions developed are compliant with the Bank\xe2\x80\x99s policies and procedures, regulatory framework as well as ensuring that the products and process are in line with market needs and overall strategic product directions. Strategy

• Help define together with other internal stakeholders the long term strategic and tactical client level strategy.
• Help setting the global Trade risk appetite for CTF business.
• To Include digitization agenda in the portfolio.
• Collaborate with implementation, client management and service teams to ensure consistent and superior client experience.

Business

• Drive and co-own client Trade P&L for assigned clients with TB Sales.
• Develop and sustain effective client relationships (including new to bank) at appropriate levels in the client organization.

Risk Return Optimization

• Overall ownership of Risk and Returns for Trade & Working Capital Products in the CTF portfolio.
• Include Trade Distribution into deal structuring to create additional RWA capacity to deliver on client requirements.
• Align and drive robust and disciplined execution of actions plans to increase returns from Trade.

Commodities Specialization

• Build industry insight of key players, production costs, flows, logistics and sanctions issues etc.
• Build insight into client contact in particular building up deep knowledge with respect to financing/treasury, merchanting/arbitrage, trading/hedging, counterparties and flows.
• Integrate knowledge of commodity trading practices into trade finance products.
• Provide regular and ad-hoc industry updates to stakeholders with implications to product strategy.

People & Talent

• Lead through example and build the appropriate culture and values, in adherence to our Code of Conduct.
• Ensure the provision of ongoing training and development of people.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Develop and maintain effective and professional partnerships with internal stakeholders.

Risk Management

• Support implementation of robust portfolio management, and ensure Trade product structures are appropriate to the level of client risk and trade risk appetite.
• Work closely with stakeholders with respect to Portfolio Reviews, Transaction reviews, ad-hoc projects where relevant and manage Trade portfolio concentration.
• Be the main 1LOD coordinator in managing material principal risks red flags that arise in the transaction flow and engage on any material issues arising to support timely / robust risk management.
• Engage on clients that become stressed, support development and implementation of recovery strategies and ensure Loan Impairments are within agreed thresholds.

Execution, Commercialisation and Day to Day account management

• Where relevant, lead Facility structuring (tenor, documents received, commodities allowed etc.)
• Assess names / facilities before submission to Credit
• BAU Transactions approvals (as delegated)
• BAU Transaction monitoring including investigations
• Conform to global standards, improve risk metrics, e-enablement & culture, and ensure no failed audits (internal & 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.
• Lead the team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles. Fair Outcomes for Client, Effective Financial Markets, Financial Crime Compliance, The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Regional Trade Heads, Trade Product Cluster Head, CCO/SCO Risk, Coverage Teams, TB Sales, Legal, Operational Risk, Fraud Risk, CFCC (Trade, Regional, CCIB)

Our Ideal Candidate

• Over 15 years experience including in Commodity Finance.
• Experience in a leading financial institution that provide trade financing and financial market products to Commodity Corporates.
• Experience in execution of end-to-end processes.
• Regulatory Expertise would be an asset.
• People Management skills.
• Risk Management experience.
• Knowledge of industry & business process design.

Role Specific Technical Competencies

• Business Process Design
• Consulting Proposals
• Credit Analysis and Verification
• Data Analysis Tools
• Financial Statement Analysis
• Industry Knowledge
• International Trade
• Knowledge of Product Line
• Liquidity Management
• Market Risk
• Sales Closing and Agreements
• Secondary Market Analysis
• Treasury Services
• C & I Credit Risk

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