Spl'st, Doc : Lending / Trade / FM

Job Summary

Markets Contracts (MC) specialises in negotiations of derivatives, REPO, and securities lending documentation (ISDA, GMRA, GMSLA) via multiple Client segments (Investment Managers, Investment Banks and Global Corporates) across the Global footprint of the Bank. The MC team operates in a highly regulated and time sensitive environment and ensures the foundational documentation, upon which the Bank can safely offer trading, across a whole variety of Markets products, is in place.

An FMC negotiator is a critical role that underpins much of the Bank’s business. An ability to negotiate master trading documentation as efficiently as possible and within the Banks risk appetite is crucial. The MC team deliver work across multiple jurisdictions in support of multiple stakeholders and business segments. The work is high profile, sensitive, and often complex. The role provides a broad, holistic perspective of transaction management challenges and requirements across the organisation.

Responsibilities

Support FMC to deliver on the vision, strategy, direction for MC regionally, consistent with the vision and strategy for MC Global and in support of the Group\'s strategic direction and growth aspirations.

Ensuring all ISDA, GMSLA, and GMRA documentation is in compliance with the terms and spirit of the relevant Bank policies and procedures (including Operational Risk).

Working closely with and engaging with internal stakeholders, legal, tax, etc, teams where required.

Drafting and negotiation of relevant documentation framework as outlined in policy and procedure in line with credit approvals. Safekeeping the original versions of the executed Master Agreements (where applicable), other agreements, instruments, writings and documents for the business requests from other FMC centres.

Reviewing and confirming all required documentation is in line with Client and Banks expectations, including procedure and policy requirements, relevant approvals for exceptions are recorded, etc.

Maintenance of centralised work tracking tools to enable both Regional and Global executive overview of work status and progress.

Pro-active efficient and timely escalation of emerging and or realised risks

Provide assistance / support for any other ad-hoc tasks as assigned by the FMC Regional teams, e.g. coordination of committee-related activities, such as R915, NCEC tasks, EAR checks, etc.

Key Responsibilities Processes

Identify process improvement initiatives / opportunities to drive efficiency across MC.

Implement and adhere to standardised operational excellence processes.

Ensure completion of the MC Activity Tracker(s) in accurate and timely manner to facilitate preparation and management of Management Information including reports and dashboards.

Support all control checks undertaken by MC under the Risk Framework.

Ensure all MC management information is updated / supplied promptly and accurately as required by the direct line management or Global Head, MC.

Risk Management

Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the firm relevant to the role.

Awareness and understanding of the main risks facing the firm and how performance of the role is involved in managing them.

Ability to interpret the firm’s information relevant to the role, identify key issues based on this information and recommend appropriate controls and measures.

Support risk control ownership under the Group’s Risk Management Framework (including relevant Operational Risk Framework ownership for MC).

Ensure a full understanding of the risk and control environment in area of responsibility.

Governance

Responsible for assessing the effectiveness of the firm’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, recommend changes in these areas.

Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.

Responsible for delivering ‘effective governance’, capability to challenge colleagues effectively, and willingness to work with Clients in an open and cooperative manner.

The Ideal Candidate :

Bachelor’s degree or equivalent

Minimum 3 years relevant experience in the financial services sector.

Strong knowledge of master agreement documentation typically entered into by the Bank, including UMR / IM documentation.

Strong understanding of legal risks associated with master agreement documentation.

Experienced ISDA, GMRA, GMSLA negotiator, fluent in the credit support annexes and applicable regulations.

Ability to work with stakeholders situated in other jurisdictions to negotiate master agreement documentation.

Fluency in Cantonese and Mandarin spoken and read is mandatory

Good communication skills verbally and written in English.

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.

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