Job Summary
Part of Transaction Banking, Escrow and Account Bank Solutions enable our Corporate and Institutional Banking Clients to mitigate risks inherent in strategic transactions such as mergers & acquisitions (M&A), capital raising, joint ventures arrangements, purchase and sale of assets, goods and services through physical and digital channels, environmental guarantees and real estate transactions.
As a high growth business within cash management, this is an exciting opportunity to lead and grow our franchise in Asia and Middle East markets.
Strategy
- Shape the global escrow solution product strategy with a view to build a robust and sustainable business and providing inputs around go to market approach, new product constructs and offering from time to time
- Help position SCB’s brand recall in the escrow solutions business
- Represent the Bank at conferences and events
Business
- Work closely with Transaction Banking regional teams, origination partners and other product areas to commercialise and grow the escrow and account bank product set across Asia and Middle East markets
- Enable lead generation, structuring, pricing and fulfilment for both inbound and outbound deals
- Develop "Go to market" materials viz. pitchbooks, industry credentials, product collaterals for the region
- Help establish SCB as a house brand for corporates, strategic investors and intermediaries
- Develop and manage relationships with internal business and referral conduits to aid lead generation
- Orchestrate third party partnerships where needed to facilitate franchise growth
- Develop tailored mechanisms to seek periodic client feedback
Key Responsibilities
Processes
- Understand the operating model end to end and take steps to improve areas of friction in the client journey or potential failure points from a risk management standpoint
People & Talent
- Collaborate with the cross section of stakeholder groups to execute the escrow product strategy
- Foster good team spirit to drive our key differentiator around product execution and service delivery
Risk Management
- Understand product programme, related country addendum as well as apply boundary criteria whilst qualifying opportunities and structuring deals
- Execute deals within the framework of deal review policy, cash pricing guidelines and operating model of the product
Governance
- Ensure basic housekeeping around revenues, financials, volumes as well as Client facing documentation etc are maintained.
- Work with countries to ensure governance framework is strictly followed at a deal level and that middle office activities are operating in compliance with established standards for risk mitigation including agreement negotiation & payments processing.
- Identify variations that arise from time to time and update product programme.
- Ensure governance and risk management matters are brought to the correct Group / Regional / Country governance and risk management committees, as appropriate.
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.
· Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Qualifications
Our Ideal Candidate :
- 5+ years of relevant experience in Transaction Banking managing Cash products
- Structuring deals experience is required
- Relevant product and regional experience in Asia & Middle East cash management (Deposit, Liquidity, or payments) product experience is preferred
- Arabic OR Mandarin language would be advantageous as a large part of the scope of the role involves working with Asia and Middle East clients.
- Graduate
Role Specific Technical Competencies
- Relevant product and regional experience in Asia or Middle East
- Cash management (deposit, liquidity or payments) product experience will be a bonus
- Relationship Management, Transaction Banking Sales
- Regional/Country Cash Management Product Teams
- Other product and business areas relevant to deal origination within CIB
- Transaction Management Group
- Legal and Compliance
- Operations
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
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 leave, parental/maternity (20 weeks), sabbatical (12 months 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
