Executive Director, FX Trading

Standard Chartered Bank
London, UK
Oct 12, 2019
Oct 15, 2019
Job Role
Contract Type
Full Time
Level of qualification
CIMA, Qualified
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base. The Role Responsibilities Strategy Assist in developing and implementing trading strategy for FX, with a focus on Asia FX in Europe Maximise total product income by ensuring effective end to end client risk management/service Awareness and understanding of the Group's business strategy and model appropriate to the role Drive the client engagement for RWA optimisation to improve the overall FM product RoRWA Business Achieving assigned full year budget as per annual P3 and scorecard To increase SCB's visibility through competitive pricing in Asia FX for our clients in European timezone To deepen existing client relationships through regular conversations and by giving market colour and to work with Sales and RMs to identify new prospects and client opportunities Provide sales desk with competitive pricing and product support in our endeavour to be leading bank in EM To explore new products and structures to increase the breadth and depth of the market Manage risk from client trades To support the FX team by showing axes to Sales Teams and giving market colour Processes Ensure adherence to all internal and external regulations To embed Operational Risk monitoring as an integral part of the business process Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations Ensure that there are appropriate and documented internal controls and procedures in place Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations People and Talent Lead through example and build the appropriate culture and values. Set appropriate tone and expectations amongst colleagues and work in collaboration with risk and control partners. Contribute to continuous process improvement and sharing best practice. Risk Management Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures Comply with guidelines as outlined in the annual dealer mandate Governance Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. Willingness to 'speak up' in the event of any realised or perceived breach of group conduct rules or laws by colleagues Willingness to work with any local regulators in an open and cooperative manner. Establish, maintain and supervise the framework to ensure business functions under my area of responsibility comply with internal policies, procedures, codes and applicable external 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. 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. Key Stakeholders Clients Sales, Research, Structuring Globally Relationship Managers, Credit & Market Risk Officers Legal & Compliance FM Heads Head, Macro Trading, Europe Support Functions Central Bank & Regulatory Bodies Interbank Brokers Our Ideal Candidate University degree level qualifications in finance, business management, economics, engineering, math, physics Experience in the finance industry Experience in Asia FX Cash trading Experience in managing a diverse set of stakeholders in a global bank Strong technical skills using tools to analyse data, develop and drive own models Good knowledge of specific area of business/product and market idiosyncrasies Apply now to join the Bank for those with big career ambitions.