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Associate Director, FTP, Treasury Liquidity

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Closing date
Jun 4, 2022

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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
Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank's liquidity, capital and balance sheet position. Within Treasury, the Treasury Liquidity function is responsible to driving the strategic liquidity agenda, including Funds Transfer Pricing ('FTP') and Interest Rate Risk in the Banking Booking ('IRRBB'). Within this context, the FTP & IRRBB team works with key stakeholders at the country level to ensure policy application, and with a broader universe of stakeholders to ensure the application of policy is appropriate to drive the strategic outcomes for the balance sheet.
The foundation for this is the identification, risk capture and measurement of interest rate characteristics of client facing exposures. A key function of the FTP approach is to neutralise, to the extent feasible, the interest rate risk in the business, primarily by transferring this risk to Treasury. This is done by using an internal price between the Treasury and the business that matches the underlying interest rate used between the business and their clients for the given asset, liability, or portfolio.
This role will be focused on working directly with the Head of FTP and FTP & IRRBB team members to partner with the business to identify interest rate risk features and characteristics of business activity. This includes building an understanding of how movement in rates affects client pricing across the product suite.
Strategy
  • Engage with the Businesses and Treasury to review and, where appropriate, revise our interest rate risk transference within the FTP approach for the client balance sheet.
  • Particular focus will be applied to behaviouralized products, with the intent to drive strategic commercial and risk management outcomes.
Business
  • Work with the Businesses, IRRBB, and Regional Treasury teams to understand the interest rate risk of client transactions, products and portfolios, including considerations such as market standards, pricing conventions, client behaviour, and to ensure that these features are captured and measured for the purpose of calculating the Group's interest rate risk exposure.
  • Work with Treasury Markets to appreciate the ability to effectively hedge or otherwise neutralize the resulting exposure.
  • Work with the regional Treasury teams and Global Businesses to ensure appropriateness, equity, and comprehension of our interest rate risk identification, measurement, and transference approach, and identify and mitigate any related risks.
Processes
  • Contribute to the interest rate risk framework and related processes, including transference through FTP
Risk Management
  • Support senior team members in creating the appropriate risk management framework to govern the identification, measurement and transference of interest rate risk.
Governance
  • Support senior team members in ensuring policy compliance regarding interest rate risk identification, measurement, and transference
  • Review product programme governance for interest rate risk identification, measurement, and transference approaches; liaising with business stakeholders and other members of the FTP & IRRBB team.
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.
  • Lead the team to achieve the outcomes set out in the Bank's Conduct Principles : Fair Outcomes for Clients*
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Business Stakeholders
  • Regional Treasury Teams
  • Treasury Liquidity Team
  • Treasury - Markets Teams
  • Country and Business CFOs and Finance Teams
  • Product Control
  • Treasury Modelling & Platforms
  • GFS Support Teams
  • GALCO, RALCOs and Country ALCOs

Our Ideal Candidate
  • Over 5+ years experience in Treasury Liquidity
  • Experience in Interest rate and Risk
  • Experience on product and dealing with Clients/Vendor
  • Experience in Treasury Modelling/Modeling and Knowledge of liquidity.
  • Financial Products and Markets
  • Governance, Regulation and Risk Management - Risk and Control
  • Effective Communications
  • Governance, Regulation and Risk Management - Regulatory Compliance
  • Financial Analysis
Role specific technical competencies
  • Financial Products and Markets
  • Governance, Regulation and Risk Management - Risk and Control
  • Governance, Regulation and Risk Management - Regulatory Compliance
  • Financial Analysis
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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