Business Manager, Financial Markets at Standard Chartered Bank

Role description:

• The successful candidate will support the South and Southern Africa Financial Markets (FM) Head in managing and running the local FM business.

Responsibilities:

Lead, manage and develop a high performing FM COO Southern Africa team by supporting the Southern Africa cluster FM Head and respective local Southern Africa FM Heads in the following activities:

• Definition and execution of the regional FM strategy and business initiatives aligning with the global FM strategy.
• Articulation of business performance and underperformance to stakeholders.
• Running the Southern cluster Business Risk Forums (BRFs).
• Supervision of FM, and oversight of Treasury Markets and Capital Markets Product Sales (CMPS) in the local dealing rooms, where applicable.
• Business budgeting and forecasting where required.
• Driving and management of a prudent cost and risk culture.

In addition:

• Delegate for FM Heads where required.
• Partner with global and local stakeholders and partners to agree prioritise for execution.
• Identification and unblocking of business issues.
• Lead the identification, assessment, and mitigation of operational risks in-country.
• Establish and execute effective controls to measure, monitor, assess, report, and escalate risks (operational and regulatory) where appropriate.
• Ensuring dealing room staff adhere to internal and external processes and procedures, and governance practices set out by the FM risk committees.
• Supervise and coordinate in-country front office compliance reviews to ensure regulatory requirements are met and audits.
• Support product launches locally.
• Continuously seek out process simplification and process re-engineering opportunities to improve operational efficiency.
• Keep up to date with local regulations to assess impact / business opportunities and manage any changes to business processes and infrastructure.
• Import and export best practices with wider FM regional COO teams.
• Provide business support on dealing room management, e.g. capacity planning, business continuity, access controls, Service Level Agreements, licensing, etc.
• Represent the business when interacting with the support functions.

Other Responsibilities:

• Embed Here for good and Group's brand and valued behaviours,
• 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 the Bank, including understanding, and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Key Stakeholders:

• Financial Markets Heads
• Local front office desk heads, including TM, and CMPS
• Regional COOs
• FM Product COOs
• Compliance, local and FM
• Operational Risk, local and FM
• FM Audit
• FM Operations
• Traded Credit and Market Risk
• Finance, local and FM
• CIO, local, and FM

Skills Required:

• Knowledge of the Financial Markets business and products.
• Strong analytical and presentation skills with an ability to understand / dissect complex problems.
• Collaborative problem solver focusing on outcomes.
• Comfortable working in a relatively unstructured, and multi-dimensional environment.
• Excellent stakeholder management and communication skills to clearly articulate ideas, issues and solutions.
• Excellent project management skills.
• Good attention to detail.
• Excellent financial and performance management capability, including balance sheet management.
• Experience in preparing business plans.
• Strong risk, conduct & control background.
• Strong Excel, and PowerPoint skills.

Our Ideal Candidate:

Role Specific Competencies:

• Knowledge of Financial Markets Products
• Knowledge of the SARBs and PA guidelines impacting Financial Markets products
• Project Management Skills
• Understanding of local Market dynamics and healthy market network
• Interpersonal and stakeholder management skills