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Manager - ETD & Commodities

Standard CharteredKuala Lumpur, Kuala Lumpur, Malaysia

30+ days ago

Job description

Overview

Job Summary

Strategy

Support for all House Franchises across all relevant Business lines trading Exchange Traded Derivatives

Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk.

Understand the Futures & Options products lifecycle across Rates, Commodities, FX & Equities from front to back and be the subject matter expert and go-to person for the core systems processing.

Drive continuous improvement and innovate

Partner with Technology to deliver transformation.

Work with FM to identify process improvements and drive efficiency.

Face of Operations to Sales and Trading Desks locally – primary point of contact

Insulate FM from post execution processing / queries, represent Operations functions.

Build team profile with the Front Office

Stakeholder engagement, 2-way flow of information – “Trusted Advisor”

New business enablement and solutions, partner to deliver strategic FM initiatives.

Constantly seek opportunities to improve global consistency, work closely with the Hubs and other regions to close gaps and standardise processes.

Communicate with trading desks & COO to solve immediate day to day issues with transactions as well as understand their longer terms needs to shape business decisions in Operations.

Build strong relationship with direct colleagues in Bangalore, London & New York ETD Ops as well as Singapore Clearing Technology to facilitate efficient communications and speedy resolutions of issues

Identify and close knowledge gaps within the Global Team through hands on training.

Daily KPI monitoring vs SLA.

Engage with industry bodies and vendors to identify opportunities to enhances processes and systems and drive efficiency

Key Responsibilities

Be the subject matter expert for MIS, cost-per-trade, touch points per trade – drive their evolution and identify areas to proactively add value through improved data.

Be aware of, and strive to reduce, vendor costs.

Operations representation for external / internal and regulator scheduled audits

Ensure Audit points are addressed within timelines.

Achieve regulatory compliance and future proof the ETD Ops model through a strong understanding of current rules and anticipation of upcoming regulations.

Adherence to Ops Risk Framework standards of implementation and process management

Continuous review of procedures & processes

Processes

Maintenance of brokers, contracts, accounts in the banks systems to ensure STP trade flow
Top Day Trade Monitoring and allocations for ICE Group, CME Group (NYMEX, COMEX, CBOT) and LME and other exchanges as required / onboarded.
Monitoring Lifecyle events and clearing
Trade and Position Reconciliation
Front Office – Back Office (FOBO) Reconciliations
Open interest management
Managing intra-day and EOD cash margin calls
Option Abandonment / Exercise / Expiry
MIFID II CPR Position Reporting and CME / CFTC Large Trader (Position Reporting) to the relevant exchanges
CME FX Delivery Process
Balance Sheet Substantiation and Accounting management
Back Office system processing and EOD running
Collateral management

Qualifications

Bachelor’s degree or equivalent

Minimum 3 years Financial Markets experience

Subject matter expert on Exchange Traded Derivatives with a core understanding trade and post trade processes.

ETD trade, position, and cash reconciliations inclusive of fees & commission management

Additional knowledge of expiry and trade life-cycling is highly desirable.

Full understanding of end-to-end process and systems flows.

Strong understanding of commodities products including Base Metals, Precious Metals, Structured Inventory

Product, Energy, Power & Gas. Financial and physical knowledge needed and highly advantageous.

Knowledge of Carbon Emissions and Voluntary Carbon Credits and experience of ICE Endex and CBL exchanges desirable.

Good communication skills verbal and written.

Fluency in Mandarin will be added advantage to cover China Region

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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Manager • Kuala Lumpur, Kuala Lumpur, Malaysia