Manager - ETD & Commodities

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

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 :

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.

#J-18808-Ljbffr