Job Summary
To negotiate master trading documentation as efficiently as possible within agreed risk parameters. Clients will be in multiple jurisdictions. Personally handling a caseload which is at the most high profile, sensitive and complex end of the spectrum of cases within the Bank. Leading innovation in how FMC operates, training and developing others in FMC locations and fostering connection between FMC staff and FMC’s stakeholders; and being a ‘troubleshooter’ in respect of negotiations handled by others, including FMC staff.
RESPONSIBILITIES
Personally handling a caseload which is at the most high profile, sensitive and complex end of the spectrum of cases within the Bank;
Leading innovation in how FMC operates, training and developing others in FMC locations and fostering connection between FMC staff and FMC’s stakeholders; and being a ‘troubleshooter’ in respect of negotiations handled by others, including FMC staff.
Strategy
- Awareness and understanding of the firm’s business strategy and model appropriate to the role e.g. approach to prioritisation of negotiations, compliance with relevant regulation and the internal operational risk framework, relevant IT support strategy.
Business
- Awareness and understanding of the wider business, economic, regulatory and market environment in which the firm operates.
Processes
- Continuous review of all daily processes to improve the service provided and enhance controls,
People & Talent
- Lead through example and foster the appropriate culture and values,
- Set appropriate tone and expectations and work in collaboration with business, risk and control partners,
- Support the provision of ongoing training and development of people,
Key Responsibilities
Risk Management
- responsible for identifying, assessing, monitoring, controlling and mitigating risks to the firm relevant to the role.
- awareness and understanding of the main risks facing the firm and how performance of the role is involved in managing them;
- the ability to interpret the firm’s financial information relevant to the role, identify key issues based on this information and put in place appropriate controls and measures
- Support risk control ownership under the Group’s Risk Management Framework (including relevant Operational Risk Framework ownership for FMC.
- Ensure a full understanding of the risk and control environment in area of responsibility.
Governance
- responsible for assessing the effectiveness of the firm’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas,
- awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role,
- responsible for delivering ‘effective governance’; capability to challenge colleagues effectively; and willingness to work with any local regulators in an open and cooperative manner.
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 the Standard Chartered Group. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Support the FMC team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholder
- Regional heads of Corporate & Institutional Banking, Financial Markets Sales, Credit, Margin Operations, Compliance, Tax.
Other Responsibilities
- Support Here for Good and Group’s brand and values
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Our Ideal Candidate
- 5+ years of master agreement documentation negotiation experience either from a legal or non-legal background
- Good to have experience working on Reps & Warranties Letters , MCA
- Prior experience with ISDA, CSA, UMR documentation VM / IM CSA, GMRA, GMSLA
- Strong knowledge of master agreement documentation typically entered into by the Bank; including but not limited to ISDA, CSA, GMRA , GMSLA and UMR/IM documentation
- Strong understanding of legal risks associated with master agreement documentation.
- Ability to work with stakeholders situated in other jurisdictions to negotiate master agreement documentation as efficiently as possible within agreed risk parameters.
- Personally handling a caseload which is at the most high profile, sensitive and complex end of the spectrum of cases within the Bank;
- Being a ‘troubleshooter’ in respect of negotiations handled by others, including FMC staff.
- Ability to handle pressure and conflicting priorities
- Excellent verbal and written communication skills
- Strong organisational and communication skills
- Strong analytical skills and presentation skills
- Knowledge in treasury products including but not limited to Foreign Exchange and Derivatives
Role Specific Technical Competencies
- Customer Focus
- Disruptive Innovation
- Internal Controls
- Operational Functions
- Process Improvement
- Process Management
- Risk Management Advanced
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
