Structured Rates Trader; Singapore, Hong Kong

Overview

Job Summary This role could be based in Singapore and Hong Kong. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

Our Markets Traders identify, analyse and execute opportunities in the market, supporting the needs of our clients in a professional and fully compliant way. Our Markets business aims to become the leading emerging markets fixed income, financing, and securities service franchise, and a leader in sustainable finance, advisory, trading and asset servicing. The business will achieve this by expanding product capabilities, building on footprint market strength, developing our talent and using technology to transform our ways of working.

We’re looking for highly capable individuals to join us and maintain the highest levels of integrity and professionalism, in line with our valued behaviours.

• Strategy:
  Work to implement the strategy of the desk for profitable trading at acceptable risk.

• Work in partnership with Sales, Structuring, and other trading teams to maximise the bank’s revenues and achieve the assigned full year budget.
• Provide accurate and timely pricing for interest rates derivatives to meet the needs of both internal and external clients at competitive prices.
• Transact trades to hedge risk and generate revenues by leveraging off market flows and opportunities.
• Expand the current product offering through the testing and implementation of new trading models.
• Manage the portfolio risk generated by adhering to approved risk limits and seeking excess approvals where necessary.
• Establish and maintain a network of relationships with other SCB Global Market centres, to identify opportunities for business growth.

• Ensure adherence to all internal and external regulations.
• Embed Operational Risk monitoring as an integral part of the business process; comply with Compliance Risk Management and Operational Risk Management Assurance where applicable.
• Ensure that the business meets its obligations for the prevention of money laundering under the Group Policy and Standards and local laws and regulations.
• Ensure appropriate and documented internal controls and procedures are in place; monitor and regularly review them to reflect changes in products, systems, policy and regulations.

• Lead through example and build the appropriate culture and values; set the tone and expectations from the team and collaborate with risk and control partners.
• Contribute to continuous process improvement and share best practice.
• Employ, engage and retain high quality people with succession planning for critical roles.

• Identify, assess, monitor, control and mitigate risks to the Group; understand the main risks facing the Group and the role in managing them.
• Interpret the Group’s financial information, identify key issues, and implement appropriate controls and measures.
• Comply with guidelines in the annual dealer mandate.

• Assess the effectiveness of the Group’s governance arrangements and oversee changes where necessary; understand regulatory requirements and expectations relevant to the role.
• Willingness to speak up in case of breaches of conduct rules or laws by colleagues.
• Deliver effective governance; challenge fellow executives and cooperate with local regulators when required.

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Embed high standards of ethics across Standard Chartered Bank; ensure compliance with all applicable laws, regulations and the Group Code of Conduct.
• Identify, escalate, mitigate and resolve risk, conduct and compliance matters.

• Sales & Structuring globally
• Credit and Market Risk Officers
• Legal & Compliance
• FM Heads
• Support functions including Finance, Operations, Middle Office, and IT
• Trading Counter parties
• Brokers

• Master of Finance - Financial Engineering
• 7+ years’ experience in trading structured rates products preferably in Asia
• Project and time management skills to monitor multiple work streams and take ownership…