Job Description

Role Responsibilities
The Product Owner for FMO FMRP Post Trade Confirmations is responsible to manage and prioritize the FMRP Post Trade backlog in relation to Paper and electronic Confirmations including SWIFT. The agenda across FMO will largely comprise of activities to build out our target state post trade functionality across FMO. The successful candidate would be primarily responsible for ensuring feature developments are clearly defined across our technical deliveries and aligned to FMO strategic aims to automate and digitize the entire scope of FM Operations post trade.

Strategy

• Develop the FMO post trade Confirmation platforms and drive the strategy towards our goal of developing a post trade processing platform for FX and Derivatives.
• Attend and actively participate in scrum meetings such as sprint planning, stand up, demos, retrospectives, refinement, scrum of scrums and big room planning sessions.
• Support and lead continuous improvement in the agile development process.
• Fully realise the potential of Agile/Scrum frameworks by embodying the cultural change and the SCB values.
• Guide and coach the Scrum Team and organization on how to use Agile/Scrum practices and values while also meeting delivery commitment.
• Assess the Scrum Maturity of the team and organization and coaching the team to higher levels of maturity, at a pace that is sustainable and comfortable for the team and organization.
• Contribute/participate to the Engineering culture of Excellence and Innovation promoted within SCB.

Business

• Define the vision and roadmap for the Confirmations related products/systems
• Ensure that key department scorecard metric targets are achieved e.g., STP and cost per trade.
• Give direction and decision when trade-offs need to be made within the backlog and manage upwards communication to the refinement forum when trade off decisions need to be made across FM initiatives.
• Assess value, develop cases, and prioritize stories, epics and themes to ensure work focuses on those with maximum value that are aligned with product strategy.
• Prioritize the backlog for the Squads of each sprint in relation to Confirmation target state build.
• Ensure benefits case are clearly defined and tracked to realisation.
• Create, manage and prioritize the product backlog \xe2\x80\x93 i.e., create user stories on behalf of the business stakeholders, reprioritise as and when required, refine/groom the backlog with the Squads, report the status.
• Work closely with technology developers to clarify end user requirements and business processes.
• Facilitate user-engagement (demos, appointment of SME\xe2\x80\x99s, end-users for a defined sprint).
• Provide input during the Agile ceremonies \xe2\x80\x93 sprint planning, review, retrospective demos, refinement sessions.
• Inspect the product progress at the end of every Sprint and accept or reject work done.
• Contribute to continuous improvement with business feedback/vision (covered during the retrospective).
• Remain aware of the daily BAU activities to maintain a grasp on business/process evolution.
• Provide an active role in mitigating impediments impacting successful team completion of Release/Sprint Goals.

Processes

• The role will cover all Confirmations related processes across bilateral FX and Derivatives including Paper Confirmation generation, affirmation, matching, signature verification and electronic Confirmations including SWIFT generation and matching and interoperability with 3rd party solutions such as MarkitServ, CFETS etc.
• The role also covers fixing advice generation and issuance and trade event notices across the lifecycle of vanilla and structured derivative trades.
• Collaborating and coordinating with all the FM Operations teams to identify potentially new solutions, broadening the adoption of existing solutions.
• Collaborating with the business, operations and technology teams to develop and deliver the digital roadmap, required new initiatives and alignment to the wider strategy and relevant platforms.
• Leverage data/analytics to track against business priorities and identify new opportunities.
• Develop an approach working with the technology and business teams to adopt best practice in digital channel management.
• Ensure participation in global industry forums on topics relevant to the function.
• Research and analyse market, the users, and the roadmap for the product.
• Follow our competitors and emerging technology in the industry.

People & Talent

• Lead through example and build the appropriate culture and values.
• Set appropriate tone and expectations and work in collaboration with risk and control partners.
• Play a role in developing talent within the line.
• Develop a succession pipeline for the role.

Risk Management

• Responsible for identifying, assessing, monitoring, controlling and mitigating risks across all functional areas of accountability.
• Ensure compliance with regulations regarding Confirmation timeliness including EMIR, Dodd Frank Act, HKMA Risk Management Framework and MAS Reg 42.
• Demonstrate an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them and ensure you take reasonable steps in managing them.
• Execute your risk and control responsibilities as a Product Owner.
• Ensure that risks are identified, assessed and managed (including escalation and mitigation) in line with the Banks policies.
• With Country/Group/GBS stakeholders, maintain a strong and appropriate control environment across the relevant business.
• Ensure root causes reports relating to operational incidents are completed in line with the Banks policies including meeting of all reporting time lines. This includes the implementation of any appropriate process and control changes to minimise the probability of a re-occurrence.
• Ensure Country/Group/GBS Residual Risk is completed to the appropriate scope, quality and timelines.
• Define and evolve regulatory compliance reporting and key metrics for senior management and 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.
• 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

• Financial Markets Senior Management Team, Business and Product Heads (in country and Group), Chief Operating Officers (COOs), Operations Functional Heads, Chief Product Owners and Technology Leads.
• Interface with in-country stakeholders to ensure alignment on key priorities, control framework standards and visibility over pipeline regulations and associated changes.
• Act as informed advisor to internal stakeholders across the front-to-back teams with respect digital operational solutions.
• Build and maintain an active industry presence, contributing to and driving industry dialogue across the spectrum of operational digital channels matters, new solutions and industry adoptions.

Our Ideal Candidate

• 10+ years of experience being a Product Owner / Project Manager / Department Functional Head / Technical Solutions Architect in Markets operations
• Well established knowledge of common industry documentation standards such as ISDA (International Swaps and Derivatives Association) and NAFMII, FBF etc.
• Knowledge of Electronic Confirmations formats including SWIFT Standards
• Ability to work in a Scrum or Agile methodology as a PO or scrum master including ability to create, manage and prioritize the product backlog \xe2\x80\x93 i.e., create user stories on behalf of the business stakeholders, reprioritise as and when required, refine/groom the backlog with the Squads, report the status
• Exposure to Confirmations related processes across bilateral FX and Derivatives including Paper Confirmation generation, affirmation, matching, signature verification and electronic Confirmations including SWIFT generation and matching and interoperability with 3rd party solutions such as MarkitServ, CFETS etc.
• Certified Scrum Product Owner Certification would be preferred

Role Specific Technical Competencies

• Product Design and Development
• Digital Transformation
• Managing Change
• Derivatives
• Foreign Exchange
• Operational Functions
• Business Process Design

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.

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