The Role Responsibilities
Financial Markets Middle Office provides value added services to the global FM business across US, Europe and Asia.
Collectively we:
· Enable: We contribute to increased Sales & Trading productivity through effective trade and post trade operational support
· We are trusted advisors for the business and take responsibilities for front to back trade exception management and resolution
· Protect: We are responsible or the correct risk representation at point of capture and throughout the trade lifecycle
· We are product specialists and ensure new products and new business opportunities are effectively operationalized
· Improve: We adopt a continuous improvements mindset and strive to reduce Cost per Transaction through continuously challenging the status quo
· We focus on Trade Capture STP improvement to mitigate fraud and operational risk and deliver scalable services back to the business.
· Connect: We are accountable and responsible for all T0 activities and act as a conduit between Front Office and the other enablement ad operation teams
· We act as a Global Team and communicate clearly and with respect in line with SCB values
Strategy
· Single point of contact for all strategy, cost and planning decisions for the Global FM MO LT and ELT
New business enablement and solutions, partner to deliver strategic FM initiatives:
· Drive Operational readiness for new business areas
· Lead the execution and delivery of the location strategy for MO
· Lead strategic planning process with business units and prioritize business development requirements to completion
· Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Standard Chartered, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Business
· Coordinate and lead the change agenda for Middle Office across the global team, collaborate with Asset Class and product heads to ensure consistency in change management approach, framework and benefits calculation
· Coordinate and lead the FM Middle Office Governance Framework roll out: partner with Products and Regional leads to ensure a consistent approach toward risk and controls.
· Support the Head of Global FM Middle Office in strategy execution and roll out. Establish a governance model to ensure key milestones are delivered within budget and agreed timelines
· Coordinate and lead the budget and spending review for the global team. This requires:
· Ability to monitor and coordinate hiring of new FTEs and backfills across the global team
· Monitor operating expenses and ensure adherence with department targets
· Monitor and validate benefits realization linked to right shoring initiatives and investment spent
Risk Management
Business Insight and MIS:
· Lead the design and implementation of core KPI and KRI for the Global FM MO team
· Lead the design and implementation of core STP data across regions and products
Adherence to Ops Risk Framework standards of implementation and process management:
· Lead and Support the continuous review of procedures and booking model
· Lead and Support the continuous management of process taxonomy and service catalogue
· Lead and support yearly completion of RCSA (Risk and Control Self-Assessment)
Governance
· Well Managed Business and Cost Optimization
· Oversight and Cost management of annual budget
· Monitor Profit and Loss (P&L), expense managements, budget, and planning
Ensure alignment with broader FMO objectives around cost optimization through:
· Intelligent use of location strategy (leveraging on the FM MO Centre of Excellence in India and Malaysia)
· Definition of Change levers to enable strategic cost transformation (Automation, replatforming, outsourcing etc.)
Key stakeholders
· FM MO LT & ELT
· FM COO OFFICE
· FM Operations LT
Our Ideal Candidate
· 10+ Years of experience in Banking / Financial Markets
· Experience in FM Middle Office
· Coordinate and lead the change agenda for Middle Office across the global team, collaborate with Asset Class and product heads to ensure consistency in change management approach, framework and benefits calculation
· Coordinate and lead the FM Middle Office Governance Framework roll out: partner with Products and Regional leads to ensure a consistent approach toward risk and controls
· Coordinate and lead the budget and spending review for the global team.
Role Specific Technical Competencies
· Budget Management
· Stakeholder Management
· Presentation Skills
· Ability to build a business case
· Ability to influence outcomes
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:
· In line with our Fair Pay 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
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
