Associate Manager, Derivatives Settlements

Role Responsibilities
• Daily tasks include printing and checking of reports, confirming settlements with counterparties, checking and releasing of payments.
• To ensure fast turnaround time in responding to queries raised by parties within or outside the bank.
• To guide junior analysts in the day-to-day BAU functions within the Dept. for all Product classes.
• Ensure audit and risk control measures for BAU procedures and processes are adhered to.
• End-to-end settlement processing for Derivatives products. Product classes include FX.
• To process day-to-day BAU functions within the department for all product classes.
• Report any suspicious trades in accordance to the Anti-Money Laundering Policy.
• To assist in covering the Assistant Manager in candidate's absence.
• Construction of manual payments may be required in some instances.
• Constant review of DOI to ensure updating of process procedures.
• Investigation on GL Suspense and Nostro accounts' imbalances.
• Credit, Rates, Equity, Commodity and Structured Transactions.
• To ensure processes are in compliance to the group standard.
• To maintain good business relationship with Front Office.
• Taking the lead in resolving settlement related issues.
• Report and record any settlement issues.
• Timely reporting of MIS.

Key Relationships
• Middle Offices
• Traders and sales personnel from the respective business
• In-country CRG teams
• In-country Wealth Management / Credit Operations / CMS teams
• Control teams - SSCKL and SSC Chennai
• Related departments Eg, Product Control, finance, etc
• External counterparties - Banks and FIs

Key Measureables
• Achieving Objectives
• Compliance
• Performance Matrix
• Feedback from external parties
• Audit

Our Ideal Candidate
• Graduate, Postgraduate and or any equivalent certification.
• 6 - 9 years of Banking experience.
• Relevant experience within the financial markets preferably in OTC derivatives and FX and MM.

Role Specific Technical Competencies
• Experience in handling Derivatives Settlement
• Experience in handling Derivatives Confirmation

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 , together with our brand promise, to be are achieved by how we each live our . 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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