Trade Client Operations Manager

Standard Chartered Bank
Hong Kong, Hong Kong
05 Jul 2022
20 Jul 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities
  • Delivering consistent and reliable Trade Finance transactions to Tier 1 Clients in line with their personalised service needs to Win through Service. Operating with a deep understanding of client business and the products they operate. Empowered decision makers taking ownership of transactions and enquires and leveraging Trade Product Operations, Trade Core Operations and Trade GBS Operations to ensure service standards are fulfilled.
  • Meet Targets set on Query reduction, First Contact Resolution and Quick Kills.
  • Handle escalated cases for tier 1 clients and ensure quick and satisfactory resolution
  • Ensure meeting of Targets set on SLA adherence, TAT for Tier 1 clients.
  • Institute forums to discuss and resolve regular queries and find one-time solutions
  • Ensure queries are resolved within agreed TAT for Tier 1 Clients
  • Provide oversight for overdue queries and complaints
  • Arrange meetings with Tier 1 (ex-priority) clients at agreed frequency.
  • Engage Product Operations Team for advisory for complex deals or based on requests from clients.
Process, Premium Service, Productivity and Budgetary Management
  • Manage Client Operation Team daily operations accordingly to the laid down procedure and standard of service and ensure operations complies with applicable:
    • by Generic Product Program and Country Product Addendum
    • Money Laundering Prevention Procedures and report any suspicious activity to the Unit Money Laundering Prevention Officer and Line Manager
    • Sanctions policy & procedures
    • Group Policies / GDOI
    • Legal & Compliance Policies
  • Ensure handling of Queries/Complaints as per the Documental Operating Instructions manual, customer's instructions and within the timeliness and accuracy standards specified.
  • Ensure all referrals are accurately checked and responded correctly with the SLA and in compliance with statutory regulatory and internal operational instructions.
  • End to End Ownership of all Tier 1 (ex-priority) clients service queries/complaints until satisfactory resolution.
  • Ensure prioritisation of Tier 1 (ex-priority) clients from a processing standpoint to achieve targeted TAT for all their transactions.
  • Monitor and uplift Utilisation for Tier 1 (ex-priority) clients as per target set.
  • Meet tier 1 clients to gain feedback and suggestions on service improvement.
  • Engage Tier 1 clients on regular analysis of frequent queries and work with Product Operation Team on Disruptive Analysis for Tier 1 (ex-priority) clients to drive actions for reductions.
  • Monitor Key Metrics Service Performance Scorecard around proactive query reduction, service quality increase and digitization index increase and initiate actions with tier 1 clients, stakeholders and product operations as required.
  • Manage the running cost of the team to meet or exceed the budgetary target.
  • Assist Head of Trade Ops for collaboration with Technology on futuristic digital opportunities, pre-empt disruptive forces and commercialise innovative use of technologies
  • Assist Head of Trade Ops to achieve the financial performance targets of front to back operations and to drive the respective country to prioritize investments into making client journey simpler, faster, better Challenge status quo in driving courageous conversations of doing business with Right Clients with a sustainable cost/ income ratio.
Governance & Risk Management
  • Immediate escalation of all queries/complaints received from regulators.
  • Ensure Set Control standards are adhered to and met.
  • Continuous update of service CDOI and dissemination of relevant information to team.
  • Proactive identification of risks and concerns including escalation to all relevant stakeholders
  • Monitor complaints and completion of corrective action.
  • Support to effectively implement all operational, regulatory and financial control measures and monitoring plans for compliance and control standard as per the defined Enterprise Risk Management Framework.
  • Proactively communicate with the Business Unit Head and BRM on operational risk issues. Escalate significant events to Business Unit Head /BRM as appropriate. Support operations team pre/post audits and assurance reviews.
  • Provide support on any regular and ad hoc tasks related to unit operational risk management assigned by BRM from time to time
  • Embed the Group's values and code of conduct. Develop a robust culture to ensure adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees.
Business Continuity Management:
  • Assist Head of Trade Operations to ensure an adequate Business Continuity Management ("BCM") plan is in place across the business, to facilitate continuity of critical business operations in the event of significant business interruption.
People and Talent:
  • Train up team members to maximize the productivity of resources available and to ensure that they have the required level of expertise to answer customers' queries and apply the operational standard required by the Bank.
  • Monitor morale and constantly motivate direct reports to ensure that optimum level of productivity and service standards are achieved.
  • To act as a sponsor for the team for all changes facing Trade Operations group to ensure that such changes are implemented successfully
  • Lead and support a change in mindset, building a culture of client centricity, agility, and accountability through standardised metrics and measurement, with the expectation that everyone in Operations are drivers and owners of client outcomes.
  • Review team structure and capacity plans in accordance with change in business structure and demand.
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.
  • Always work towards achieving 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.
  • Engage with local regulatory stakeholders and build trusted and valued relationships to drive outcomes that are satisfactory to the conduct of business in the country
  • Monitor the effective communication and implementation of regulatory changes
Key Relationships:
  • Internal
    • Head & team members of Trade Operations
    • Head & managers of GBS
    • Trade UORM
    • Group Trade Product and Client Operations
    • Local TB Product Management
    • Business Technology
    • Front Office & Middle Office
    • Other Operations Functions
    • Other Functions (HR, Finance, Legal & Compliance, Tax)
    • Audit and investigations
  • External
    • Customers
    • Vendors
    • External consultants
    • Bank Audit / Accounting firms
    • Local and Regional Regulators

Our Ideal Candidate
  • Education: University graduate or above
  • Experience: 6 years Operations and Client Services working experience
Professional Skills
  • Solid knowledge on various types of trade products and good understanding of process flow, regulations and issues faced by clients.
  • Strong analytical, problem solving and operational skills.
  • Good People interaction skills and ability to manage by Influence.
  • Excellent understanding of service quality principles.
  • Good management skill and able to coach the team to achieve agreed target.
Soft Skills
  • Excellent written and verbal communication skills Advanced skills on presentation & email writing.
  • Sound PC / MS Office skill.
  • Strong organizational skills and well-developed business abilities.
  • Good interpersonal skills and strong organizational skills.
  • Self-motivator, able to manage multiple tasks and work under pressure.
Other Preference
  • Passion in identifying and driving new operations improvement opportunities
  • Other than above roles, job holders should follow other job duties and responsibilities assigned by line manage from time to time.

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.

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