Manager, Rates FM Middle Office

• Trade capture, booking amendments, Trade life cycle, Novations/Assignments, reconciliation and Control / Reporting activities of the business.
• Manage query remediation and other day-to-day processing, ensuring timely escalation to minimise risk exposure.
• New business enablement and solutions, partner to deliver strategic FM initiatives:
• Drive Operational readiness
• Collaborate with internal stakeholders to achieve seamless follow the sun model and constantly seek opportunities to achieve process consistency.
• Face of Operations to Trading and Sales Desks primary point of contact:
• Insulate FM from post execution processing / queries, represent Operations functions
• Build team profile with the Front Office
• Stakeholder engagement, 2-way flow of information Trusted Advisor
• Build strong relationship with internal teams to facilitate efficient communications and speedy resolutionsof issues:

• Identify and close knowledge gaps within the Hubs through hands on training
• Drive continuous improvement and innovate:
• Partner with Technology to deliver transformation
• Work with FO to identify booking model improvements and drive efficiency
• Be up to date and ensure compliance with regulatory requirements
• Adherence to Ops Risk Framework standards of implementation and process management.
• Constantly seek opportunities to improve global consistency, work closely with the onshore and other regions to close gaps and standardise processes.
• Build strong relationship with Onshore Middle-Office to facilitate efficient communications and speedy resolutions of issues:
• Identify and close knowledge gaps through hands on training
• Be the subject matter expert for MIS, cost-per-trade, touch points per trade drive their evolution and identify areas to proactively add value through improved data
• Operations representation for external/internal and regulator scheduled audits:
• Ensure Audit points are addressed within timelines
• Achieve regulatory compliance and future proof the Middle Office model through a strong understanding of current rules and anticipation of upcoming regulations
• Adherence to Ops Risk Framework standards of implementation and process management:
• Continuous review of procedures and booking model

KEY RESPONSIBILITIES

Strategy

Business alignment / Product expertise: Product specialists who understand business priorities and strategy, define optimal solutions leveraging industry leading facilities and influence behaviour through countenance

Connect: Build bridges across the bank to simplify current operating model, create efficiencies and identify new opportunities

Leadership and Market presence: Own your domain and influence product evolution, define internal standards and shape future utilities through selective industry positioning. Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank

Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank

Business

• Financial Markets Middle Office was set up in 2016 to deliver first class trade support, business enablement and accurate / timely trade representation to meet obligations to clients, counterparties, and regulators. We are product and process subject matter experts aligned to the Global Financial Markets business providing follow the sun support, a continuous improvement mindset and industry connectivity

Processes & Responsibilities

Trade capture and life cycling of vanilla and structured products FX, Rates, Credit, Repo and Treasury Markets

Stakeholder management:Collaborate with internal stakeholders to achieve seamless follow the sun model and constantly seek opportunities to achieve process consistency.

Understanding and learn to manage query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk

New business enablement and solutions, partner to deliver strategic FM initiatives

Drive operational readiness

Operational representation for external/internal audits:

Ensure audit points are addressed within timelines

Drive continuous improvement and innovative:

-Partner with technology team to deliver transformation

Work with FO to identify booking model improvements and drive efficiency

Be up to date and ensure compliance with regulatory requirements

People & Talent

Help embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm

Overall client satisfaction and meeting service expectations

Quick turnaround for queries & priority items

Should be a Team player- flexible

Adhere to the instruction of the Mangers.

Being active part of team discussions to come up with process improvements

Actively participate in Sustainability (CSR) initiatives, staff engagement programmes

Risk Management

Always ensure 100% compliance to the group's risk management framework as applicable

Compliance with all applicable Rules/ Regulations of Company and Group Policies

Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and report all suspicious transactions to the Unit

Timely escalations and resolutions on confirmation outstanding etc as per Escalation policy

Governance

Comply with all the group standards, policies, procedures, and guidelines as applicable and values of the Bank at all times

Always adhere to Group Code of Conduct

In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased

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.

Lead the [country / business unit / function/XXX [team] to achieve the outcomes set out in the Bank's 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.

[Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].

[Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries]

Serve as a Director of the Board of [insert name of entities]

Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders

FMO COE (Centre of Excellence) involved in different processes catering internal & external clients from various financial sectors, representative in group and country not limited to Front office Desk

Other Responsibilities

Embed Here for good and Group's brand and values in Financial Market Operations.

Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Teamwork with other Hubs, and Downstream teams

Involvement in Process/Project Initiatives / Automation / process Improvement

SKILLS AND EXPERIENCE

• MS Excel
• MS Word
• Power BI
• VBA Macro

QUALIFICATIONS

• University degree / MBA (or equitant qualification)