Job Vacancies @ Standard Chartered Bank Nigeria – 5 Positions

Standard Chartered Bank Nigeria is recruiting to fill the following positions:

1.) Specialist, FCC Controls, Nigeria
2.) Associate Principal
3.) Micro Finance Institution Relationship Manager
4.) Associate, Financial Crime Surveillance Operations
5.) Principal, Rates & Credit Trading

 

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

 

See job details and how to apply below.




 

1.) Specialist, FCC Controls, Nigeria

 

Ref No: 2200011700
Location: Lagos
Schedule: Full-time
Job: Compliance
Employee Status: Permanent

Role Responsibilities
Strategy:

  • Input to Country/Client Business operating model design of relevant FC and business processes.
  • Support Country Head, FC to ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country/Department for necessary FC works.
  • Support Country Head, FC to set and implement the vision, strategy, direction and leadership for the Country/Department, consistent with the vision and strategy for FC and in support of the Group’s strategic direction and growth aspirations.

Business:

  • Support Country Head, FC to analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
  • Support Country Head, FC to ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in country), in coordination with group communications.
  • Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
  • Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FC.
  • Support Country Head, FC to resolve competing requirements between regulations, for example between AML regulations and data privacy/bank secrecy or information security regulations.

Processes:

  • Support the Head, FC to develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
  • Support Head, FC in providing governance and oversight over the implementation of FC related policies and procedures in Country to ensure compliance with such policies and procedures.
  • Support Head, FC to perform his/her function as the process owner for FC owned and sub processes under the Group’s Risk Management Framework, including implementation and roll-out of relevant processes and DOIs.
  • Support Head, FC to provide advice to relevant stakeholders on compliance with Group standards relating to Financial Crime Compliance (AML, Sanctions and ABC).
  • Support Head, FC to properly identify, analyse, escalate as well as put in place action plans to resolve risk issues.

People and Talent:

  • Work with Head of FC and other team members to ensure team cohension and high performance.
  • Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
  • Stimulate an environment where forward planning, prioritisation, deadline management, streamlined workflows, collaboration, effective and efficient work practices are the norm.
  • Support Country Head, FC to deliver on the approved training curriculum for the year.
  • Ensure to clearly understand your roles and responsibilities through regular engagment with Head of FC and other stakeholders.




Risk Management:

  • Support Head, FC to maintain oversight of risk mitigating action plans.
  • Support Head, FC to establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external).
  • Support Head, FC to provide advice on the application of risk management frameworks (e.g. ORF, GRA).
  • Support Head, FC assess risks arising from products, segments, geographies, customers, transactions and escalate risk relevant issues.
  • Inform Head, FC/ Head of CFCC of serious regulatory breaches (or where risk tolerances have been breached) and ensure support in the resolution of identified risk.
  • Ensure to anticipate horizon risks in the area of financial crime that may have a significant impact on the business as a whole and assist to develop effective strategies to mitigate such horizon risks.
  • Support Country Head, FC to oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.

Governance:

  • Support in the tracking and remediation of FC investigations related regulatory findings.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure the  Head, FC and Head, CFCC are informed and support in actions are taken to quickly remediate the issues.
  • Participate in the discussions of lessons learned from audit findings, FC assurance activities and specific investigations and support in the implementation of actions.
  • Ensure to support the Head, FC to track significant issues arising from FC metrics, FC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
  • Ensure to support the Head, FC to analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the CFCC function.

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 CFCC team in Nigeria 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.

Other Responsibilities:

  • Embed “Here for Good” and Group’s brand and values in country.
  • Perform other responsibilities assigned by Head, FC or Head, CFCC.
  • Multiple functions (double hats) as and when required (General Compliance Function).

Key Stakeholders

  • Central Bank of Nigeria (CBN)
  • National Financial Intelligence Unit (NFIU)
  • Economic Financial Crime Commission (EFCC)
  • Other relevant industry stakeholders.

Our Ideal Candidate

  • Financial Crime Compliance Academy Certificate.

Application Closing Date
3rd June, 2022 (11:59:00 PM).

How to Apply
Interested and qualified candidates should:
Click here to apply online

 





 

2.) Associate Principal

 

Ref No: 2200011411
Location: Lagos
Schedule: Full-time
Job: Compliance
Employee Status: Permanent

Role Responsibilities
Strategy:

  • Support and implement the vision, strategy, direction and leadership for Compliance in Nigeria, consistent with Head, Compliance, Nigeria vision and strategy for the Compliance function, and in support of the Bank’s strategic direction and growth aspirations.
  • Help the Group meet its commitment of being ‘’Here for Good’’ by building a sustainable compliance framework that places regulatory and compliance best practice standards, a culture of appropriate conduct at the forefront of the Group’s addenda.
  • As an independent second line risk control function, execute the relevant aspects of the Compliance framework through robust independent risk control and the provision of specialist advice, approvals and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group’s business.
  • Proactively support and challenge the Group’s businesses and functions to exhibit appropriate conduct, comply with regulatory and compliance requirements and strive to achieve fair outcome for the Group’s clients.
  • Evaluate the effectiveness of the Group’s compliance efforts.
  • Manage regulatory relationships with each of the regulators, whose rules the Group is subject to.
  • Maintain constructive and effective relationships with Business/Function Heads as well as all key stakeholders within the businesses and functions.
  • Escalate regulatory risk issues and provide details of the developments to Head, Compliance and other relevant stakeholders.
  • Maintain independence and deliver timely responses at all times

Business:

  • Build and maintain an effective and constructive relationship with all key stakeholders within the businesses and functions that is based on trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business or function achieve their strategic tactical objectives
  • Provide regulatory advice, approvals, analysis (and challenge when appropriate) in relation to the launch of new products, new business initiatives, bespoke projects, remedial activities.
  • Review and approve correspondence with the regulators and other regulatory engagement requests by the business/function.
  • Provide robust challenge to senior management and all relevant business/function stakeholders where activities are outside the Bank’s risk tolerance, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to return within risk tolerance.
  • Work closely with the businesses and functions to provide timely regulatory compliance advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and pre-emptive compliance and conduct risk mitigation.
  • Work closely with the Business compliance team to ensure compliance and regulatory issues within their business or function is address promptly.
  • Organise stakeholders’ engagement meeting to ensure new/amended regulations are understood and embedded properly within the Bank.  Where ambiguities exist, escalate this to the Head, Compliance and engage the relevant regulatory authority for clarification.
  • Engage the regulators on behalf of or in collaboration with the business/function on ad-hoc and strategic requests.

Processes:

  • Establish and maintain effective processes (including training, advice and support) to ensure that policies, procedures and standards to address compliance and regulatory risks are effectively implemented and adhered to across the Bank.
  • As an independent second line risk control function, provide support and challenge the businesses and functions to ensure that they establish and monitor their processes for compliance with regulatory standards and Group policies & procedures.
  • Drive and ensure the successful implementation of the Bank’s Procedure for Handling New and Amended regulations.
  • Manage Internal Audits of the Compliance function and any other ad-hoc Country audits where Compliance is the Risk Owner to ensure a fair and positive outcome




People and Talent:

  • Lead through example and build the appropriate culture and values.  Set appropriate tone and expectations from the team and work in collaboration with other risk and control partners.
  • Ensure the provision of ongoing training and development of people and ensure that holders of all regulatory/controlled functions are competent, suitably skilled and qualified for their roles in line with regulatory standards.
  • Contribute to the recruitment and development of talent within the Compliance team.
  • Regularly review the performance and compliance advisory role of direct or indirect reports and support the Head, Compliance as required in the management of staff performance.
  • Ensure regular management meetings with direct or indirect reports; assess competency and skill of the team on an ongoing basis to ensure this is relevant to the risk management demands of the business or function.
  • Ensure the team is adequately resourced and fully capacitized to reach our true potential.

Risk Management:

  • Support the Head, Compliance in his role as Risk Owner for Compliance processes as defined in the Bank’s Risk Management Framework.
  • In collaboration with the Regional Compliance Assurance team, prepare and drive the Compliance Risk Assessment for Nigeria.  Ensure that all compliance/regulatory risks are reflected in the Country Risk Assessments, with compliance reviews or other actions established where necessary and that adequate remedial action are in place.
  • Ensure effective management of compliance matters, and in collaboration with Business Compliance, effectively manage regulatory and other compliance issues that have a significant impact on the business or function.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management in the Bank and relevant regulators are informed and that actions are taken to mitigate the risk.  Ensure proactive and timely identification, assessment, advice and dissemination of new or amended regulations.
  • Support the Head, Compliance in managing and implementing the Bank’s Operational Risk framework within the Compliance function.
  • Provide reports to relevant Group, Regional and Country Risk and Executive Committees on key compliance and regulatory risk issues.
  • Maintain adequate MI or tracker to ensure all compliance and regulatory issues are assessed, tracked and reported.
  • Ensure global standards are understood and implemented locally, with any identified exceptions, or need for more/less stringent standards escalated as appropriate.
  • Provide thought leadership on the execution of local and international regulations to ensure regulatory and compliance risks are managed effectively.

Governance:

  • Within the Group’s overall Risk Management Framework, establish and maintain appropriate risk-based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance/regulatory risks across the businesses and functions.
  • Where required, develop Country specific Compliance policies and procedures and obtain the necessary approvals from the relevant governance forum.
  • Represent the Head, Compliance at Country Risk Committee meetings.
  • Support the Head, Compliance in implementing the agenda for the Anti-Bribery and Corruption Working Group.
  • Escalate regulatory breaches or issues, regulatory examinations and other relevant matters to the Region and Group via One point or any other governance reports.
  • Manage GIA Audits and ensure Audit Socializations are reviewed to prevent occurrence in Nigeria

Data Privacy / Protection:

  • Ensure Compliance with the requirements of GDPR and the Nigeria Data Protection Regulation (NDPR).
  • Implementing the requirements of NDPR
  • Liaise with the DPCO for the annual audit and ensure filing to the National Information Technology Development Agency (NDPR) as required by the NDPR
  • Informing and advising the Group on its Privacy obligations for Nigeria, and monitoring compliance with these obligations
  • Acting as the single point of contact with the Data Protection Supervisory Authority of Nigeria
  • Keeping the GDPO informed of relevant Privacy related matters and emerging issues concerning their respective country.
  • Review data breaches and approve/ give comments on the data breach portal.
  • Determine if a data breach is reportable to the regulators and report where necessary in line with the regulation.

Project / Change Management:

  • Actively participate and represent Compliance function in Project Working Groups set up by the Group or Country.
  • Manage Compliance projects on behalf of the Head, Compliance to ensure timely delivery and a positive outcome
  • Participate in industry forums on regulatory reforms organised by the bank’s key regulators or other regulatory bodies




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.
  • Support the Nigeria CFCC Governance function to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Financial Crime Compliance; The Right Environment.] *
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:

  • Engagement with Bank’s Senior Management and other key stakeholders within the businesses and functions
  • Engagement with the Bank’s key regulators
  • Regional Compliance Assurance team
  • Engagement with Group Internal Audit
  • Nigeria Compliance and FCC team
  • Group Central Compliance team
  • Business Compliance team
  • Country Operational Risk team
  • Business and Function Operational Risk Managers
  • Branch Managers.

Other Responsibilities:

  • Embed Here for good and Group’s brand and values in Nigeria and within the Compliance team
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  • Coordinate Compliance trainings for Support functions
  • Manage ad-hoc requests on behalf of the Head, Compliance.

Our Ideal Candidate 

  • Academic Qualifications - Bachelor’s degree in Accounting / Law
  • Professional Qualification - Professional Qualification in Accounting ( Member, Institute of Chartered Accountants of Nigeria), Taxation (Member, Chartered Institute of Taxation of Nigeria), Compliance (Associate Member, Compliance Institute of Nigeria), and Certified Member, Association of Certified Anti-Money Laundering Specialists (ACAMS).

Application Closing Date
3rd June, 2022 (11:59:00 PM)

How to Apply
Interested and qualified candidates should:
Click here to apply online

 


 

3.) Micro Finance Institution Relationship Manager

 

Ref No: 2200011156
Location: Lagos
Schedule: Full-time
Job: Institutional Banking
Employee Status: Permanent

Role Description

  • This is a specialised role that understands the microfinance market in-depth and has experience in the Microfinance sector as well as have key relationship management and credit skills given the current environment.
  • This role will support the incremental growth and management of the African Microfinance portfolio and will also be directly responsible for implementation of special projects and specific strategic areas for the Global Microfinance agenda.




Role Responsibilities
Strategy:

  • Responsible as the primary coverage and origination point for a portfolio of Microfinance clients in Nigeria and broader African Region.
  • Responsible for credit, operational support for the maintenance of existing relationships and the on boarding of new names as well as overall managing the portfolio allocated to them.
  • Directly assist the Global Head of Microfinance in portfolio management, development, and growth of the MFI business both in Nigeria and in the African region.
  • Support the Head of PSDO Nigeria & West Africa (ex Ghana) in the origination and client relationship management of PSDO clients in West Africa region.
  • Accountable for existing and new incremental revenue, profitability, and risk acceptance (AML, CDD and Credit) of the clients they cover at a country level.
  • Provide support to and be responsible for specific areas of the Global Microfinance strategy, e.g. monitoring metrics for portfolio as well as SF, diversification into new products like FM and TB, driving Sustainable Finance agenda, etc.
  • Responsible for executing account plans of the clients they cover, establishing and maintaining an understanding of the client and their needs and work collaboratively with the GAM, RAM, and product partners to provide holistic and well-designed solutions that meet client needs.

Business:

  • An in-depth knowledge and understanding of the Microfinance sector either on the banking or the development.
  • The role requires extensive travel regularly to remote villages as part of ongoing due diligence of clients.
  • Actively identify client needs across a full range of relevant products, originate new business, and grow the franchise by capitalising on bank competitive attributes (e.g. Network).
  • The candidate should be a self-starter and have strong organisational / project management skills with ability to manage numerous conflicting deliverables in a timely and effective manner.
  • Maximise the returns to the Bank whilst maintaining focus on client outcomes, and strengthening and deepening relationships at senior and operating levels in clients
  • Ensure that product knowledge is continually developed and up to date e.g. credit, FX, cash, and trade.
  • Stay abreast of and anticipate the developments in the industries or markets in which their clients operate

Processes:

  • Proactively manage the designated client portfolio and ensure the client portfolio is managed in compliance with the regulatory environment, keeping up to date with applicable changes and Group policies with ability to contribute to policy formulation
  • Key regulatory risks and concerns are raised through the governance framework and with Banking management.
  • Adhere to relevant sales disciplines in accordance with CIB standards e.g. Account Planning, Call Reports, Deal Pipeline Management, and static data management
  • An in-depth understanding of Standard Chartered bank, its processes and systems and proven ability to get work done through various stakeholders is a must.

Risk Management:

  • Risks are appropriately identified, highlighted, and managed.
  • Take the initiative regarding regulatory, reputational, and ethical matters, and provide proactive advice to clients on these issues
  • Origination of new risk participation/ Guarantee structures and management of existing such structures.
  • Close monitoring of key performance metrics of clients and industry, reporting for internal and external purposes and all the associated MIS from various systems.
  • Embed the Group’s values and code of conduct and ensure adherence to the highest standards of ethics and compliance with relevant policies, processes, and regulations, both personally and (where relevant) among team members.

Governance:

  • Awareness and understanding of the regulatory framework in which the Group and country operates, and the regulatory requirements and expectations relevant to the role.
  • Responsible for challenging colleagues effectively on regulatory and ethical or conduct issues and working effectively with 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 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 to achieve the outcomes set out in the Bank’s Conduct Principles
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

Key Stakeholders

  • Global Microfinance team
  • Head of PSDO Nigeria & West Africa (ex Ghana)
  • PSDO staff in other geographies
  • Group Sustainable Finance team
  • Group Sustainability team
  • Engage with product partners within the country & region to ensure breadth and depth of client coverage and deepening.
  • Engage with RMs on relevant client account management activities
  • Consult with stakeholders in Risk, Legal, and Compliance to ensure that the portfolio remains credit worthy and within the policies of the bank.




Other Responsibilities

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

Application Closing Date
24th May, 2022 at 11:59:00 PM

How to Apply
Interested and qualified candidates should:
Click here to apply online

 


 

4.) Associate, Financial Crime Surveillance Operations

 

Ref No: 2200009201
Location: Lagos
Schedule: Full-time
Job: Compliance
Employee Status: Permanent

Role Responsibilities
Strategy:

  • Support the Country Head of FCSO to:
    • Set and implement the vision, strategy, direction and leadership for the Country, consistent with the vision and strategy for FCC and in support of the Group’s strategic direction and growth aspirations.
    • Input to the design of the Country operating model, FCC Framework and relevant business processes.
    • Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country for necessary FCC controls and oversight.




Business:

  • Support the implementation of the FCSO strategy by escalating appropriate FCC and AML surveillance issues and executing activities in line with guidance documents, Group requirements and regulatory expectations.
  • Maintain thorough knowledge of bank products across all segments (i.e. retail, commercial, private, correspondent banking and trade) and the ability to execute end-to-end investigations across all segments.
  • Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
  • Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.

Processes:

  • Day to day processing of Production Orders in a timely manner within agreed TAT’s whilst maintaining Quality Control/Quality Assurance results in line with Group and local expectations.
  • Support Country Head FCSO/Regional Head FCSO with any complex investigations as required.
  • Ensure accuracy and veracity of management information and reports.
  • Support Head FCSO/Regional Head FCSO in conducting FCC assurance tests with the aim of verifying that Transaction Monitoring, Surveillance and other FCC functions are performed in line with the group’s policy and the Departmental Operating Instructions and report on findings to Management.
  • Performance of Weekly, Quarterly and Monthly controls execution.
  • Responding to production order that come from regulators timely.
  • To support the Head FCSO/Regional Head FCSO in coordinating GIA audit of FCC functions (AML, Sanctions, ABC) by ensuring timely provision of GIA requirements.

People and Talent:

  • Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
  • Ensure forward planning, prioritization, deadline management, streamlined workflows and efficient work practices are the norm.
  • Individual accountability for Learning and Development Plans and execution.

Risk Management:

  • Understand technical aspects of systems relevant to List Management, CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management.
  • Inform Line Manager / Senior Management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
  • Map risks, quantify the potential impact and escalate where necessary.
  • Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
  • Ensure the suitability and quality of case data maintained on enterprise case management systems.
  • Partner with legal counsels for advice on technical matters.

Governance:

  • Propose control improvements, enhancements, and simplifications where appropriate.
  • Support all control checks undertaken by FCSO under the Operational Risk Framework (ORF).
  • Collate, analyses and interpret data in reports.
  • Analyze and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and support in remediation actions within the FCSO function.




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.
  • Collaborate within the FCSO 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.

Other Responsibilities:

  • Embed “Here for good” and the Group’s brand and values in the team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  • Providing guidance and training to relevant value chain stakeholders (e.g. Country FCSO, New Joiners) when and as needed as directed by Country Head FCSO.
  • Provide back up support to Country FCSO team colleagues as required.

Key Stakeholders:

  • Country FCC and Compliance teams
  • Sanctions teams
  • Direct manager and countersigning manager
  • Head of FCSO

Our Ideal Candidate 

  • Relevant qualifications such as ACAMs and FCC training academy.

Application Closing Date
25th May, 2022 at 11:59:00 PM

Method of Application
Interested and qualified candidates should:
Click here to apply online

 


5.) Principal, Rates & Credit Trading

 

Ref No: 2200011151
Location: Lagos
Schedule: Full-time
Job: Institutional Banking
Employee Status: Permanent

Role Responsibilities

  • To trade in the local rates and credit market, pricing customer transactions and managing short-term positions, in order to maximise revenue at acceptable risk in compliance with the Volcker rule and other applicable global or local regulation.]
  • Provide an accurate and timely Fixed Income pricing service to FM Sales staff, to meet customer needs at competitive prices.
  • Transact trades on the Bank's own account, to generate revenue or hedge risk, with knowledge of customer-based transaction flows, and in anticipation of future changes in the market derived from economic and technical analysis.
  • Manage the portfolio risk generated in trading by adhering to approved GMR limits and seeking excess approvals where necessary.
  • Enhance SCB's name as one of the major players in the primary as well as secondary trading of Fixed Income securities. To maintain SCB 's standing as one of the active Principal/Primary Dealers in the local bond market.
  • Establish and maintain good contact with the local Central Bank regulators as well as their dealers.
  • Work closely with the Debt Capital Market on pricing of primary debt issues, and also to assist the Distribution desk by providing the market feel and sentiment to support their selling down strategy
  • Work closely with the Structuring Team.
  • Establish and maintain a network of relationships with other SCB Global Markets Centres, in particular other Fl trading counterparts to maintain communication on global market movements.
  • Monitor regulatory and market developments and provide feedback on the market and the business to the sales and management.




Key Stakeholders
Internal:

  • Relationship Managers in OCC/Credit for building the trading franchise.
  • FM sales teams across relevant jurisdictions.
  • Other product partners.
  • DCM team for the capital markets business.
  • Sales and trading counterparts in other Fl trading centres for networking & information
  • Back office, middle office and product control for processing and Risk Control.
  • Local and regional head(s) of Global markets.
  • Regional Head of Fl Trading, Africa

External:

  • Money/Bond Dealers and brokers
  • Central Bank and Securities Commission

Contributes to:

  • To the profitability of the Fl Trading team via a strategic portfolio mix, and also via leveraging on customers' flows.
  • To the enhancement of the Bank's image and profile in the market via active trading, active provision of two-way prices, and acting professionally at all times.

Dimension:

  • Profitability
  • Average Trading volumes

Complexity / Judgement:

  • Assessment of the market's sensitivity to price changes for certain bonds / IRD product
  • Understanding of the impact of political and economic changes on the market sentiment
  • Understanding of legal requirements and its application in practice

Application Closing Date
24th May, 2022 at 11:59:00 PM

How to Apply
Interested and qualified candidates should:
Click here to apply online

 


 




 


 

 

Recent Posts:

🇨🇦 What is Required for Canada Federal Skilled Worker Visa Program 2025

Are you considering making Canada your new home? The Canada Federal Skilled Worker Visa Program (FSWP) offers a pathway for...

Read More

🇳🇿 Customer Service Jobs in New Zealand with Visa Sponsorship 2024 (from ,000 per year)

Are you dreaming of a rewarding career abroad? Customer service jobs in New Zealand with visa sponsorship offer an excellent...

Read More

🇦🇺 Study in Australia: Charles Darwin University Scholarships 2024-2025

Are you aspiring to study in Australia but concerned about the financial burden? Charles Darwin University Scholarships 2024-2025 in Australia...

Read More

🇬🇷 Greece’s Golden Visa: Guide to Residency by Investment in 2025

Greece has long been an alluring destination for those seeking to immigrate to Europe, boasting stunning landscapes, a rich historical...

Read More

🇦🇺 Hopkins Centre Scholarship at Griffith University 2025 (,480 per Year)

Calling All Future PhD Superstars: Your Journey Begins Here! Are you ready to immerse yourself in groundbreaking rehabilitation research while...

Read More

🇬🇧 Changes in UK Visa for International Students 2024/25 – What They Mean for You

Changes in UK Visa for International Students: The United Kingdom has long been a popular destination for international students, known...

Read More

🇬🇧 5 Best Agencies for UK Work Visa Processing 2025

If you’re planning to work in the UK, securing a work visa is one of the most crucial steps. Navigating...

Read More

🇸🇰 Slovakia National Scholarship Programme (NSP) for International Students (€620/€1,025.50 per Month)

The Slovak government, located in Central Europe, has launched the Slovakia National Scholarship Programme (NSP) with the goal of offering...

Read More

🇸🇮 Discover Seasonal Work in Slovenia: Earn €800 to €1,500 per Month

Imagine waking up to the crisp, refreshing air of the Julian Alps, surrounded by stunning mountain views. Envision your family...

Read More

🇨🇭 Switzerland University of St. Gallen (HSG) Excellence Scholarships 2025 (CHF 6,252 per Semester)

The University of St. Gallen (HSG) in Switzerland offers the prestigious Excellence Scholarships to highly talented international students. These scholarships...

Read More





Disclaimer: Careerical eConsult posts job listings for the convenience of job seekers. We do not endorse or recommend employers, and a posting does not constitute an endorsement or recommendation. Careerical eConsult explicitly makes no representations or guarantees about positions listed on our website. Careerical eConsult is not responsible for safety, wages, working conditions, or other aspects of employment.  It is the responsibility of applicants to research the integrity of the organizations to which they are applying. We advise you to use caution and common sense when applying for any position with an organization or private party.

About Company

Standard Chartered Bank

Job Information

Status: Open No of vacancies: 5 Job type: Full Time Salary: Negotiable Publish date: 21 May 2022

Apply for job

External website

Sorry! job link is not available right now. this might be temporary, please check back later.

Related Jobs

Job tags: Nigeria

Discover more from Careerical eConsult

Subscribe to get the latest posts sent to your email.