VP, Markets Trade Control - FS

Job Summary

• •    Markets Trade & Regulatory Control function responsible to enable Proactive Risk Management via execution of trade and regulatory controls across Markets Business, that adhere to Regulatory guidelines and uphold high standards of operational integrity.  
• •    We are trusted partners to Markets Business delivering superior risk management practices, Control execution and generate data driven actionable insights to drive informed decision making

Key Responsibilities

• •    Verify the accuracy and integrity of OTC manual booking trades by cross-referencing with an independent external execution source.
• •    Ensure that the risks associated with rogue trading and erroneous booking are mitigated by compliance with the established booking model.
• •    Implement controls for the monitoring of exceptions and the reconciliation of discrepancies across the FOBO, FOFO, and interface systems to ensure data integrity and completeness.
• •    The comprehensive reconciliation of internal intercompany trade transactions to ensures accuracy and transparency. 
• •    Perform Frontline supervision controls by portfolio and position monitoring are properly managed to maintaining operation efficiency to mitigate risk.
• •    Overseas electronic trading platform controls, non-standard booking activities and regulatory compliance. 
• •    New business enablement and solutions, partner to deliver strategic initiatives and ensure Operational readiness. 
• •    Manage query remediation, other day-to-day processing, ensuring timely escalation to minimise risk exposure. 
• •    Collaborate with Front Office including Trading and Sales Desks and Business COO to support Business Enablement initiatives and Control framework. 
• •    Build strong relationship with internal teams across Ops, Finance, Risk and Technology to facilitate efficient Collaboration and speedy resolution of issues. 

• •    Work with Business COO to identify booking model improvements and drive efficiency. 
• •    Achieve Regulatory and Conduct 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 
• •    Oversight of Daily Productivity, KPI, KCI and Capacity metrics .
• •    Stakeholder Management - Communicate clearly with senior stakeholders, partners, and Global function owners.
• •    Provide strong leadership to the Trade Control team by setting clear objectives, prioritising workloads, and ensuring alignment with global business strategy and risk appetite.
• •    Act as a role model for a strong risk and control culture, promoting ethical behaviour, accountability, and proactive issue escalation.
• •    Coach, mentor, and develop team members, driving continuous improvement in product knowledge, control awareness, and technical skills.
• •    Lead change initiatives and process re-engineering efforts to enhance efficiency, automation, and control robustness across the trade lifecycle.
• •    Influence and challenge stakeholders constructively, ensuring that business growth is balanced with robust control and regulatory expectations.

Product & Process

• •    OTC derivatives, repo, FX & money market Products
• •    Electronic execution processes 
• •    Trade Validation Control
• •    Trade exception management controls
• •    Front Office supervision controls
• •    New Products & Business Enablement  
• •    Client Onboarding process

Risk Management

• •    Data management Risk
• •    Erroneous processing risk
• •    Regulatory Risk
• •    Rouge trading Risk
• •    Transaction reporting Risk 

Governance 

• •    Fair knowledge to do Internal controls. 
• •    Stakeholder communication. 
• •    Fair knowledge on MIS reporting & analysis
• •    Risk Governance oversight

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 identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• •    FM Front Office – Relationship Managers & Sales
• •    FM Business COO
• •    FM Country Heads & BRM
• •    FM Technology and Transformation
• •    FM Operations 
• •    FM Risk functions, Compliance and Audit

People and Talent 

• •    Lead through example and build the appropriate culture and values, embedding a high level of performance and team engagement.
• Employ, engage and retain high quality people, with succession planning for critical roles and appropriate recognition and reward for high performance / potential.
• Responsibility to review team structure/capacity plans to enable effective delivery of operations & change agendas.
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks

• •    Set direction and drive high performance by translating strategy into clear direction, aligning individual goals to team outcomes and providing regular, constructive feedback.
• •    Develop talent and capability through coaching and career conversations that build critical skills, stretch potential and prepare individuals for future opportunities.
• •    Lead by example by role-modelling the Bank’s valued behaviours, upholding strong risk and conduct standards, exercising sound judgment, and creating an inclusive team culture that supports wellbeing, values diverse perspectives, and drives accountability.

Skills and Experience

• •    Financial Market product and process knowledge 
• •    Experience working on Regulatory implementation Projects
• •    Experience of working with Client Onboarding & Regulatory Implementation process
• •    Operational Risk Management
• •    Experience in Transformation projects, Agile, Six Sigma and Digitisation initiatives
• •    Experienced people manager adept in managing teams across geographies

Motivations

• •    Action Oriented Taking on new opportunities and tough challenges with a sense of urgency, energy and enthusiasm. 
• •    Collaborates Building partnerships and working collaboratively with others to meet shared objectives. 
• •    Courage Stepping up to address difficult issues and saying what needs to be said.
• •    Customer Focus Building Strong Business relationships and delivering customer-centric solutions.  
• •    Instils Trust Gaining the confidence and trust of others through honesty, integrity and authenticity.  
• •    Nimble Learning Actively learning through experimentation when tackling new problems. Using both successes and failures as a learning factor 

Qualifications

• •    Degree or Diploma qualified with relevant Business experience
• •    Preferred experience across Change initiatives, with exposure to Project delivery roles 

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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