Job Description

Role Responsibilities

• Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank\'s liquidity, capital, and balance sheet position. Treasury is laser-focused on its vision to be "Open, progressive and trusted, working commercially with our partners" 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 (\'FTP\') and Interest Rate Risk in the Banking Booking (\'IRRBB\'). 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 is responsible for overseeing these key policies, as well as effective implementation of the standards and procedures that accompany them.
Strategy
Create and Maintain an Effective Pricing Approach

• Ensure effective liquidity valuation, including ownership of the USD Curves in major centers.
• Provide for effective interest rate risk transference, including transitioning base FTP curves as appropriate due to regulatory requirements, shifting markets, or general appropriateness.
• Allow for the adjustment of valuation to achieve specific balance sheet goals, while maintaining the integrity of the approach and allowing for comparisons across product and country profitability.

Develop FTP to Provide Effective Integration with Emerging IRRBB Approaches

• Ensure effective integration of IRRBB methodologies for managing interest rate risk within the FTP construct
• Identify various aspects of interest rate risk in the banking book (including funding tenor risk, margin compression risk, basis risk, and optionality risk) from products and business lines, and provide a strategy to ensure the bank understands the income drivers and strategies to manage these drivers

Drive Strategic FTP Architecture program

• Drive delivery of Strategic FTP architecture program in the capacity of Chief Product Owner
• Build best in class FTP analytics to inform FTP decisions, Balance Sheet and Income simulations
• Streamline FTP processes to create business efficiencies and workflow management

Business
Create Pricing Transparency

• Provide transparency on rate computation and methodology to businesses and stakeholders so that business and product lines can optimize, reducing agency risk in the business.
• Establish historical pricing libraries and, where possible, forward looking FTP forecasts so that businesses can plan effectively.

Processes
Oversee an Efficient FTP Process Flow

• Work with Global Process Owner, Treasury Liquidity to establish ensure to end FTP process map and establish FTP Target Operating model across Business, Treasury and Finance

People & Talent
Develop and Optimize FTP Team Structure

• Lead a diverse team of 8 people across Singapore, Hong Kong, and 1 dotted line report in London.
• Build a team that comprises of a diverse set of skillsets and core functionalities to create multiple approaches to problem solving.

Risk Management
System Development

• Develop a strategy for Strategic FTP and IRRBB system migration
• Own and manage development of SHARP platform for real-time pricing for businesses and RMs
• Create a platform to warehouse historic FTP data for tracking, modelling, and accrual calculation purposes.

Governance
Ensure Effective FTP Policy Adherence

• Create effective channels for delegation to country CFOs to ensure country level pricing effectiveness and verify via routine checks.
• Develop strategies to leverage Regional Treasurers to ensure FTP policy is effective in ensuring strategic balance sheet outcomes at the country and regional level.

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.
• Lead the team to achieve the outcomes set out in the Bank\'s 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

• Business Lines
• Regional Treasury teams
• Country and Regional Finance and BSM Community
• Business Finance teams
• Broader Treasury Liquidity Team
• Treasury Markets
• FP&A

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.
• 15+ 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 and Balance Sheet Management
• Strategic Change Leadership
• Financial Reporting and Performance Management
• People management
• Interest Rate Risk in Banking Book

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

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