• Negotiable
  • Singapore
  • Permanent, Full time
  • Standard Chartered Bank Singapore
  • 07 Dec 17

Global Head, Risk & Controls, Margin Ops

  • Location: Singapore
  • Salary: Negotiable
  • Job Type: Full time

Please view Job Description for details.

Margin Operations within FM is responsible for Collateral Management, Portfolio Reconciliations and Client Valuations, all of which support regulatory commitments that FM has made to its regulators under EMIR, Dodd-Frank and others (e.g. IMM).
The Head of Risk and Controls is responsible for managing the global operational risk, governance and controls agenda and managing senior stakeholders in Operational Risk, Group Internal Audit and others as required.

Key Roles and Responsibilities

  • Representation at management and steering committees within FMO, FM and CIB as required
  • Identify and direct key FMO and FM initiatives and activities relevant to the function such as (but not limited to):
    • Ownership and coordination of RCA, RCR and remediation plans related to operational risk and audit
    • Driving process improvements to improve efficiency and mitigate operational risks
    • Ownership of Operational Risk Framework and conducting annual or ad-hoc reviews with regional operational heads to ensure appropriateness
    • Coordinating and responding to internal and external audits in partnership with regional operational heads
  • As a member of the Margin Operations management team, provide leadership, direction and act as an escalation point as needed (e.g. during major operational incidents)
  • Deputise for Global Head of function as needed, e.g. for FMO Management Committees
Key Stakeholders
  • FM Operational Risk and regional Business Risk teams
  • Regional CIOs and Country Operations heads
  • FX, Rates, Credit and other Business Heads and COOs
  • Group Internal Audit and External Auditors
  • MT/SteerCo representation as required (e.g. FMO MT, PSGs/PSCs)
  • Financial Markets Operations Management
  • Financial Markets Technology Management
  • Group and Country Legal and Compliance

Qualifications and Skills

  • Operational processes including Risk Management, Resource Planning, Issue Resolution
  • Operational Risk frameworks including sample testing methodologies, risk indicators and control indicators; business impact / risk assessments
  • Collateralized and non-collateralized Financial Markets products (e.g. FX, Rates, Credit, Repo)
  • Emerging business, economic and market trends including industry utilities/landscape (e.g. AcadiaSoft, TriOptima) and experience of leading industry / trade discussions (e.g. ISDA)
  • Key regulations and developments in the market affecting OTC derivatives and collateral (e.g. Dodd-Frank, EMIR)
  • Managing matrix reporting lines and matrix project resources as needed
  • Improving operational efficiency, ability to effectively manage operational risks and to develop control enhancements
  • Excellent communication skills to clearly articulate issues and ideas to Operations and Business Management Teams and Steering Committees
  • Managing / attending to regulatory requests and interviews with timely and accurate responses

How To Apply

You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 06/01/2018. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.