Job Description

Job : Risk
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 30/Jan/2023, 2:25:25 AM
Unposting Date : Ongoing


The Role Responsibilities
The role holder will manage both FX and Automated Trading risks within Financial Markets and ensure that requirements set in Traded Risk Framework (and associated policies) are satisfied. The role comprises the following tasks

• Daily monitoring of risk exposures for FX and Automated Trading.
• Perform market risk related control, including investigation of all limit excesses and escalating limit breaches.
• Contribution to regular (daily and monthly) risk summaries for senior management in MTCR.
• Assess risk of Automated Trading programs/systems through established process and highlight concerns to senior Traded Risk Management for consideration.
• Define and review the market risk control limits on a semi \xe2\x80\x93 annual and adhoc basis for both FX and Automated Trading activities ensuring that these activities operate within risk appetite. Monitor adherence to these limits, developing new reports where necessary.
• Review risks of issues as they arise in day-to-day operations and determine the appropriate course of action, flagging out concerns to senior Traded Risk Management staff where necessary.
• Collaborate with other stakeholders to oversee the management of the business including the drafting of policies, standards and procedures and reviewing testing and development.
• Liaising with front office on new trades approval, booking requirements, and limits.
• Participation in ad hoc projects and requests (eg as required by senior management, internal and external audit, other SC departments).
• To ensure compliance with regulatory requirements.

Processes

• Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations.
• Continuously improve the operational efficiency and effectiveness of Market Risk for FX and Automated Trading.

People and Talent

• Lead through example and build the appropriate culture and values within the Function and across the wider organization.

Governance

• Align the Group\'s Market risk management approach for FX/O/Automated Trading to the Risk Management Framework and oversee its effective application.
• Develop and maintain risk identification, measurement and modelling capabilities for FX/O/Automated Trading that are objective, consistent and compliant with applicable regulations.
• Ensure that material risk exposures and related issues for FX and Automated Trading are reported to the responsible risk governance committees and to the Board Risk Committee.
• Maintain an open and cooperative relationship in dealings with regulators.

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.

Key stakeholders
Internal

• First Line stakeholders including Global Head of Macro Trading, Business and Product Heads
• Operations and technology partners / vendors
• Model Owner
• Model Developers
• Group Internal Audit
• Group Operational Risk
• Group Compliance
• Risk Reporting Team
• Global Head of Macro Trading
• Global Head, FM Electronic Trading & Platforms
• Global Head, Automated Trading Quants
• FM COO Office for Automated Trading
• Business and Product Heads
• Group Internal Audit
• Group Enterprise Risk
• Group Operational Risk
• Group Compliance

External

• Key local regulators in the region
• The Group\xe2\x80\x99s external auditors
• Local governance bodies
• Key local regulators in the region
• The Group\xe2\x80\x99s external auditors
• Local governance bodies

Our Ideal Candidate

• 6+ Years of experience in Market Risk.
• University degree in Finance or some quantitative subject (Science, Engineering).
• Analytical approach.
• Experience in IT skills (e.g., Microsoft Office suite, VBA, experience with Front Office systems and some database knowledge would also be useful).
• Takes ownership of assigned tasks and can manage mini projects to final delivery.
• Technical background, with experience in Python.
• Disciplined operator with commitment to high standards of personal and professional excellence coupled with strong inter-personal and communication skills.
• Dedicated individual with creative thinking skills and the ability to work independently.
• Possess strong leadership qualities.
• Multi-cultural awareness and sensitivity.

Role Specific Technical Competencies

• Market Risk
• FX and FXO
• Automated Trading

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