Head of Middle Office Rates

  • Competitive
  • Kuala Lumpur, Malaysia Kuala Lumpur Kuala Lumpur MY
  • Permanent, Full time
  • Standard Chartered Bank Malaysia Berhad
  • 21 Jul 18 2018-07-21

Head of Middle Office Rates

Introduction 1
Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation across Asia, Africa and the Middle East. And our heritage and values are expressed in our brand promise - here for good. See our Brand and Values

We are currently looking for......

Senior Vice President, FXRC Middle Office

Introduction 2
Leading the way in International Banking. With more than 86,000 employees in 68 countries, and a 150-year history in some of the world's most dynamic markets, Standard Chartered is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India. See our history

We have an opportunity for….

Senior Vice President, FXRC Middle Office

Introduction 3
Leading the way in International Banking. Standard Chartered is one of the world's most dynamic and exciting international banks. Once you have joined the team, we offer many opportunities to expand and grow your career.

The successful applicant will....

Key Responsibilities

  • Provide the leadership and execute processes & controls in supporting all rates product for Financial Markets across the Standard Chartered Global Business Services locations; Drive strategic initiatives and location strategy
  • Partner with the Middle Office Product lead in the bank in driving global alignment and consistency for the function
  • Functional management (follow the sun) of the various middle office functions are within the SLA:
    • New and Amended Trade Validation
    • Cancel and amend analysis
    • Trade Life Cycling - Derivative Fixings / Option exercises
    • Reconciliation and Exception Queue Management
    • Query, Investigation and Escalation Management
  • Own product MIS, cost-per-trade, touch points per trade
  • Rationalization of vendor costs / services across the lifecycle
  • Face of GBS operations for Financial Market Trading Desks/COO's/Business Managers and Ops Senior Management providing expert knowledge in various operational duties
  • Business partner to peer operational groups (e.g. Validation & Assurance, Collateral Management & Settlements, CCP Operations)
  • Active industry leadership and steer with global view, perform peer analysis
  • Implementation of enhancements to processes/procedures, including test packs, operational presentations, and roll out plans
  • Drive the commercialisation agenda for the bank and the GBS by continuously seek to improve the existing processes and creating efficiencies in to maximize capacity of the team
  • 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; Design, implement and maintain relevant KCI and escalation policy.
  • Operations representation for external/internal and regulator scheduled audits; Ensure Audit points are addressed within time lines
  • Responsible for staff performance management, with responsibilities in appraisal and compensation, training and development

Proposition 1 - A diverse culture
We are committed to building a culture that fosters a diverse and inclusive environment that's free from bias, where everyone can realise their full potential and make a positive contribution. This is just one of our values that is expressed in our brand promise - here for good. Apply Now...

Proposition 2 - Rewarding good performance
To us, good performance is about much more than turning a profit. It's about showing how you embody our core values and mantra - here for good. And if you perform well consistently, we'll give you the rewards you deserve. Are you looking for a career that can expand your horizons? We have one..

Proposition 3 - Career development
If you're a bright mind with big ambitions, we'll actively encourage you to fulfil your potential. Thanks to our rich and varied international footprint, we can offer exciting opportunities working across different countries and cultures. Apply Now and take the next step in fulfilling your potential.