Job Description
The Role Responsibilities
• Embed the Group's Values and Group Code of Conduct in the daily process and ensure adherence with the highest standards of ethics, complying with relevant policies, processes and regulations.
• Engage with credit, legal, compliance, XVA, front office, middle office and margining teams to resolve margin disputes and issues concerning the accuracy of margin calls.
• Ensure tasks are carried out within policies and procedures avoiding costs due to delays, compensation claims and operational losses.
• Own your career, seek feedback to continuously improve and innovate while utilizing the firm's internal resources.
• Ensure effective handling of daily BAU and booking of margin movements in collateral management system.
• Challenge existing process and continuously seek opportunity to improve processes and controls.
• Ensure timely completion, maintenance and renewal of DOI, R&R and SLA documents.
• Participate in business prioritization, UAT tests and post implementation check.
• Participate in process deep dive review with Risk and control functions.
• Actively participate in BCP events such DR drill and call tree tests.
• Ensure cordial relationship with colleagues and stakeholders.
• Effectively handle client queries, issues and complains.
• Adherence to key processes and control requirement.
• Timely completion of OJT and mandatory learnings.
• Guide and train new joiners.
Key Stakeholders
• Finance including Product Control
• FMO Regulatory Operations
• FMO Securities Operations
• FMO Cash Settlements
• FM and Regional COO
• Legal and Compliance
• FMO Margin Ops
• FM Business Heads
• Operational Risk
• Technology
• FMO MT
• TCRM
Regulatory and 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.
• Lead 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].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.
Our Ideal Candidate
• 5 years of working experience in Operations Risk, Collateral Management, Middle office and banking operations.
• Sound understanding of the functioning of various asset classes, Trade Life Cycle, FO and MO functions and front to bank processing.
• Sounds knowledge of industry platforms like 'Acadiasoft, Tri-Resolve, Bloomberg, Reuters, IM Exposure Manager, etc.
• Expert understanding of OTC Derivative, MTM valuation, Margining, ISDA / CSA, Repo and SBL and Trade sensitivities.
• Ability to communicate effectively with peers, senior management and other stakeholders within the organisation.
• Understanding of margin and portfolio reconciliation requirements under Doff-Frank, EMIR, HKMA, MAS, etc.
• Proven ability to support identification of operational risks and to suggest control enhancements.
• Excellent written and spoken communication, good team player and self-motivated.
• High level of PC literacy with a strong understanding of Microsoft Products.
• Knowledge of operational processes, operational risks and controls.
• Ability to work well under pressure and meet tight deadlines.
Role Specific Technical Competencies
• Business Governance and Support
• Service Delivery and Operations
• Strategy and Business Model
• Business Facilitation
• Manage Conduct
• Manage Change
• Manage People
• Manage Risk
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 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
• 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
• Embed the Group's Values and Group Code of Conduct in the daily process and ensure adherence with the highest standards of ethics, complying with relevant policies, processes and regulations.
• Engage with credit, legal, compliance, XVA, front office, middle office and margining teams to resolve margin disputes and issues concerning the accuracy of margin calls.
• Ensure tasks are carried out within policies and procedures avoiding costs due to delays, compensation claims and operational losses.
• Own your career, seek feedback to continuously improve and innovate while utilizing the firm's internal resources.
• Ensure effective handling of daily BAU and booking of margin movements in collateral management system.
• Challenge existing process and continuously seek opportunity to improve processes and controls.
• Ensure timely completion, maintenance and renewal of DOI, R&R and SLA documents.
• Participate in business prioritization, UAT tests and post implementation check.
• Participate in process deep dive review with Risk and control functions.
• Actively participate in BCP events such DR drill and call tree tests.
• Ensure cordial relationship with colleagues and stakeholders.
• Effectively handle client queries, issues and complains.
• Adherence to key processes and control requirement.
• Timely completion of OJT and mandatory learnings.
• Guide and train new joiners.
Key Stakeholders
• Finance including Product Control
• FMO Regulatory Operations
• FMO Securities Operations
• FMO Cash Settlements
• FM and Regional COO
• Legal and Compliance
• FMO Margin Ops
• FM Business Heads
• Operational Risk
• Technology
• FMO MT
• TCRM
Regulatory and 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.
• Lead 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].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.
Our Ideal Candidate
• 5 years of working experience in Operations Risk, Collateral Management, Middle office and banking operations.
• Sound understanding of the functioning of various asset classes, Trade Life Cycle, FO and MO functions and front to bank processing.
• Sounds knowledge of industry platforms like 'Acadiasoft, Tri-Resolve, Bloomberg, Reuters, IM Exposure Manager, etc.
• Expert understanding of OTC Derivative, MTM valuation, Margining, ISDA / CSA, Repo and SBL and Trade sensitivities.
• Ability to communicate effectively with peers, senior management and other stakeholders within the organisation.
• Understanding of margin and portfolio reconciliation requirements under Doff-Frank, EMIR, HKMA, MAS, etc.
• Proven ability to support identification of operational risks and to suggest control enhancements.
• Excellent written and spoken communication, good team player and self-motivated.
• High level of PC literacy with a strong understanding of Microsoft Products.
• Knowledge of operational processes, operational risks and controls.
• Ability to work well under pressure and meet tight deadlines.
Role Specific Technical Competencies
• Business Governance and Support
• Service Delivery and Operations
• Strategy and Business Model
• Business Facilitation
• Manage Conduct
• Manage Change
• Manage People
• Manage Risk
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 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
• 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
💡 Quick Summary
Seeking a career-building opportunity? The Manager| Margin Operations position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
