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  • Posted: Jul 17, 2017
    Deadline: Not specified
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    The Bank's history in South Africa dates back to 1862 from our previous shareholding in Standard Bank of British South Africa. In 1969 the Bank merged its two shareholdings in Standard Bank of South Africa and Chartered Bank of India to create the consolidated brand, 'Standard Chartered Bank'. In 1987 Standard Chartered divested from South Afr...
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    Assistant

    Job description

    To ensure operational support to the Financial Markets Trading Desks, through ensuring effective Trade Support and Trade Deal Execution. Including assistance with the effective governance and control over the administration and adherence to all regulatory, policy and procedural matters relating to the successful execution of Financial Markets transactions

    Key Roles and Responsibilities

    To provide a reliable and high level of support for the dealing activities of SCB/SA through:

    • Ensuring effective, timeous, correct execution of all Financial Market Transactions within given timelines
    • Drafting / Reviewing of governance, process and controls for new and existing product offering
    • Reviewing of country risk documents to ensure mitigation of risk for the execution of Financial Market Transactions
    • Ensure adherence to Financial Market operational requirements and policies
    • Ensure adherence to Standard Chartered Bank policies and procedures
    • Enhance client experience
    • Manage entries on Nostro and Suspense accounts within policy alliances.
    • Execution and management of Control requirements (daily, weekly and monthly)
    • Produce relevant reports and management information requirements to ensure daily and monthly returns are reviewed and signed off.
    • Contribute to service quality requirements.
    • Develop and manage self.
    • Review and improve processes.
    • Undertaking the 1 st line business monitoring / testing, i.e. Checking the records, reviewing the transactions, Reporting findings, exceptions and results from such monitoring and testing activities.
    • Attend Financial Market stakeholder meetings, risk related meetings / conference calls with support areas
    • Assist with projects relevant to Operations,
    • Determine and Implement initiatives to enhance client experience, cost reduction and improved risk profile.
    • Migration of processes to central processing units where identified.
    • Ensure processes are updated in timely manner.
    • Provide assistance to various departments.
    • Train, motivate and update staff.
    • Compile / Provide relevant management information
    • Apply effective operations management techniques
    • Support the creation of new product programs (such as the Bond Desk, Notes and Warrant Program)

    Qualifications and Skills

    • University degree or equivalent professional qualification
    • ACI Certificate preferred
    • Knowledge of multi currency accounting
    • An understanding of the workings of the foreign exchange and money markets within South Africa
    • Conversant with treasury products
    • Understanding of system flow between dealing, finance, trade services and other sections
    • PC literate with emphasis on accounting / spreadsheet applications
    • 5 years previous management experience preferred
    • 5 years financial market exposure
    • Driver licence preferred
    • Qualification as Registered Persons Exam for Bond Settlement Officer

    Diversity and Inclusion

    Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

    Method of Application

    Interested and qualified? Go to Standard Chartered Bank on cgportal.global.standardchartered.com to apply

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