Responsible for the development of platforms across Transaction Banking and Financial Markets which support the growth of TBFX revenue (Cash & Trade linked FX)
Responsibilities
Strategy
Manage and develop any external partnerships which help enhance the product offering and client experience.
Ensure product development is consistent with the focus on the CIB API strategy to deliver TBFX offerings across initiation, execution, post trade reconciliation and reporting.
Business
Refresh the Bank\xe2\x80\x99s TBFX product offering to clients creating a distinct brand/identity in agreement with FM, TB and Brand & Marketing.
Create new ways of collaboration between TB and FM by leveraging FM expertise in liquidity and collateral management and TB payment and Trade Finance flows.
Partner with TB sales, FM sales and Technology to ensure consistency of TBFX offering across the CIB franchise with a focus to grow business in key origination and network markets.
Awareness and monitoring of market and business environment which our clients and the Bank operate.
As regards the Bank, understanding our credit profile and market position in order to properly sell our abilities and appetite to our clients.
People & Talent
Lead the team through example and build the appropriate culture and values with clients and with internal stakeholders. The role requires the ongoing training and development of people and ensures that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. This includes strategically grooming talent by moving talent globally. Finally, the ability to attract and retain high quality talent, with succession planning for critical roles.
Specifically:
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.
Provide effective leadership and management to direct reports and ensure they are highly engaged and performing to their potential
Ensure active communication of vision, priorities and progress to the business to foster engagement, awareness and motivation
Ensure the provision of ongoing training and development of people where appropriate and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
Contribute to continuous process improvement and sharing best practice.
Set and monitor job descriptions and objectives for direct reports where appropriate and provide feedback and rewards in line with their performance against those responsibilities and objectives.
Lead and reinforce strategic change and ensure the organisation structure and people programs are aligned and geared towards supporting change
Employ, engage and retain high quality people, with succession planning for critical roles. Identify, evaluate and action under performers
Responsibility to review team structure/capacity plans.
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.
Risk Management
Drive a culture across Transaction Banking FX that has adherence to all Group Policies and relevant legislation covering credit, operational, reputational risk among others.
Commitment to Group Code of Conduct and act as a role model for Conduct
Timely completion of all mandatory e-learning, attestations, compliance requirements and requests for information.
Governance
Create and managing pricing protocols for TBFX which are consistent with the key principle of treating clients fairly and adhere to any regulatory requirements, while reflecting volume and risk related tiers. Simplify the ability for sales teams to make pricing decisions while ensuring appropriate returns are met.
Responsible for assessing the effectiveness of the Group\xe2\x80\x99s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas for Global Execution Services
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.
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 Global Execution Services team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
FM Product Management
FM Sales
Head of TB Cash
Head of TB Trade
DCDA Product Management
TB Sales
TB & FM CFCC
FM COO
TB COO
External clients
External partners/vendors
Other Responsibilities
FM Front Office Supervisor Responsibilities
This role has been identified as a Financial Markets \xe2\x80\x98Front Office Supervisor\xe2\x80\x99 and as such has associated with it a series of specific supervisory responsibilities in addition to any current employee/ management responsibilities within the Bank. Periodically the holder of this role will be required to attest that they understand their specific supervisor responsibilities and that they will execute these diligently. For the avoidance of doubt these Front Office Supervisory Responsibilities supplement and do not replace those outlined in this as well as any other applicable core employee/management responsibilities associated to employment with the Bank.
Our Ideal Candidate
8+ years of relevant experience in Financial Market domain
Financial markets product and system knowledge is desired
Transaction Banking business skills and understanding the commercial aspects of TBFX
Understanding of Operational Risk as well as Market and Credit risk as it relates to TBFX
Role Specific Technical Competencies
Products and Processes
Define Strategy
Facilitate Strategy
Strategy and Business Model
Business Partnering
Manage Change
Process Management
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 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.