Fresh Jobs at Standard Chartered Bank

Role Responsibilities

Strategy

• Show creativity when proposing solutions to specific funding problems, engineering solutions and 'thinking outside of the box'
• Maintain strategic capability to meet stressed liquidity conditions if and when required
• Achieve Financial Budgets through:
  1) Management of interest rate mismatch and risk positions to maximize returns (through P&L and MTM)
  2) Sourcing diversified low cost funds
  3) Managing operating costs

Business

• Lead the way in the Asset and Liability Management committee (ALCO) forum through active participation, providing ALCO members with timely balance sheet analysis and market information, ensuring other ALCO members are always engaged in an up-to-date Balance Sheet strategy that compliments the bank's revenues aspirations.
• Propose, negotiate and regularly advise on the Funds Transfer Pricing Policy for the Bank, in a consistent manner and in compliance with the Group policies, taking into account local market dynamics
• Support ALCO in decisions relating to Capital requirements and management, proposing investment strategies, and market research
• Support development of active risk weighted assets (RWA) management and adherence to cluster targets
• Proactively manage international account standards (IAS) related issues ensuring full compliance, as well as identifying arising risks and opportunities and ensure full documentation for all hedges
• Proven ability in managing change, especially when imposed by the external environment (regulatory)
• Support and develop the payment systems and ensure the Bank's liquidity supports the capability of meeting customer payment needs
• Liaise with support services and the back office on behalf of the team to maintain the provision of high quality services to traders
• Ensure that full advantage is taken by traders of the available technology support
• Represent the Treasury market (T-M) business in projects involving the implementation of major changes in the systems technology area
• Support Financial Markets businesses by:
  1) Providing funding support and competitive rates to trading and sales teams
  2) Liquidity support to Group branches (London, Singapore etc) in line with Group ALCO expectation
  3) Assist and coordinate with the other T-M units in the region
  4) Assist in building compliance culture within the country by ensuring full compliance in T-M
• Ensure full understanding of other businesses' strategies, providing support with regards to funding and pricing requirements
• Network on behalf of the T-M business with internal customers, external market counterparties, and other Standard Chartered Bank centers, in order to solicit customer feedback, gain market intelligence, benchmark trading techniques, and enhance the Bank's profile in the market

Processes

• Take overall responsibilities for the Investment Manager, Liquidity Manager and T-M support functions, ensuring they function as a team

People & Talent

Manage the Human Resources for the Segment by:

• Succession Planning
• Create opportunities for each team member to develop required skills, e.g. trading skills and risk appetite, and technical knowledge, through a process of coaching, appraisal, identification and taking action of training needs, with appropriate follow up to ensure that new learning is put to effective use
• Ensure the relevant experienced staff are performing to their maximum potential and are fully engaged
• Develop a performance culture within the team, through agreeing performance targets with each team member, monitoring and regularly reporting performance against target, acknowledging good performance and ensuring that it is appropriately rewarded.
• Remain vigilant to the needs of the individuals and setting goals, which are consistent with Group standards.

Risk Management

• Ensure Statutory (both Group and local regulations) liquidity requirements and internal group limits are adhered to
• Manage daily liquidity ensuring adherence to all internal and external limits
• Ensure that all lending and investment decisions are made within Treasury-Risk and Credit limits
• Ensure Money Laundering Prevention:
  • Ensure money laundering prevention requirements and procedures are communicated and clarified to T-M staff
  • Ensure the procedure of suspicious transactions monitoring within T-M is communicated
  • Report any issues related to money laundering prevention arising within the unit to Business MLPO
  • Vet and assist in the investigation of suspicious transaction reports originating from unit staff

Governance

• Ensure that all compliance and local regulatory requirements are met and reported as appropriate
• 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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Lead the Nigeria Treasury Markets 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.] *
• CBN prescribed responsibilities and Rationale for allocation

Key stakeholders

External

• Financial Markets Desk Heads and Dealers operating within the country
• Regional Head of Treasury-Risk and Treasury-Risk staffs in AME
• Country ALCO members
• Financial Markets Operations staff
• Head of CCIB and RMs in country
• Head of CPBB, and his key managers
• Heads of TM in the region
• Heads of TM in Group hubs

External

• Central Bank of Nigeria and other Self-Regulatory Organizations (SRO)
• Treasurers and Dealers of other local banks and financial institutions
• Money Brokers
• Financial Markets Dealers Association

Other Responsibilities

• Embed Here for good and Group's brand and values in Nigeria Treasury Markets Team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

go to method of application »

The Role Responsibilities

• The Associate, Relationship Manager is responsible for servicing Business Banking clients within the tail base (i.e., clients with annual revenue of $50).
• The key responsibilities include client management, sales, cross-sell, reactivation driving product and service fulfilment, and resolving client and RFI related issues for the Business segment

Strategy

• Implement Business Banking’s tail strategy: continually engage all clients in the tail base of Business Banking with a view to migrating them from Tail to qualified clients >$300 revenue

Business

• Increase revenue per client within portfolio
• Drive alternate channel sign up
• Increase New to Wealth clients within the tail portfolio
• Drive client account activity and Liability growth

For ETB:

• Initiate Client contact
• Complete CDD related documentation and ensure completeness of CDD information for clients that is current, valid and complete and check the quality of the CDD information, as required
• Checks compliance policy, completeness, and accuracy of the provided information.
• Upload Documents wherever necessary 
• Dormancy reactivation 

For NTB & ETB

• Initiate Client contact
• Ensure compliance to policy, completeness and accuracy of the provided information before submission to the SAT team checking

Processes

• Engaging tail clients who are not on S2B and then sending the referrals to the S2B team for onboarding and activate on S2B.
• KYC/CDD Transaction monitoring and Periodic/Trigger Review. The process of assessing the risk level of CDD of a client on an ongoing basis after the client is on boarded, ensuring that the client documents, information are kept up-to-date and the assessment of CDD/AML, Sanctions risks for the client remains appropriate. The process of on-going adherence to FATCA requirements

Risk Management

• Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational 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
• Ensure compliance with sales processes.
• 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
• Ensure a full understanding of the risk and control environment in area of responsibility
• Ensure you remain alert to the risk of money laundering and assist in the Bank’s efforts in combating it by adhering to the key principles in relation to: “identifying your customer, knowing your customer, reporting suspicions, safeguarding records and not disclosing suspicions to customers.

Governance 

• Ensure that activities are done in a well-controlled environment and there are no gaps and governance issues

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Head, Client Relationships Business Banking
• Head, BB Products
• Relationship Managers
• Retail Compliance teams (including Specialised Activities Team)
• Retail FCC teams
• CDD teams

Other Responsibilities

• Embed Here for good and Group’s brand and values in Nigeria CPBB
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; 

Our Ideal Candidate

• Good interpersonal skills
• Good communication and listening skills
• Experience and knowledge in Banking industry with AML Experience
• Good understanding of Group’s AML/CDD/Sanctions Policies and Procedures
• Good understanding of the end to end impact of processes, across customer experience, risk, frontline effectiveness & costs
• Must be certified (as prescribed for the role) by completing all relevant SCB e-assessments (once these are rolled out).
• The above is for guidance only and it may vary depending on the size and complexity of the market. Capability assessment for Individual CDD staff will need to be reviewed once the function stabilises.

Role Specific Technical Competencies

• Addressing Customer Needs
• Anti-money Laundering Policies and Procedures
• Banking Products and Internet Banking
• Customer Interaction and Retention
• Cross-Selling
• Investments and Portfolio Management for Business Banking
• Regulatory Environment - Financial Services