RESPONSIBILITIES
Strategy
- Ensure compliance with all group and country policies, code of conduct, statutory regulations and laws
- Ensure that the Bank’s and client’s interests are covered in all instances
- Ensure that regulator, internal and group compliance requirements (including Anti Money laundering & Zero Tolerance guidelines) are complied at all times
- To suggest process, change if local conditions warrant making the processes stronger
- To ensure that proper risk classification is done at the time of approving transactions
- To complete review of all relevant reports
- Ensure that audit rating of ‘satisfactory’ and above is maintained for all internal and external audits with the section
- Ensure completion of EOD processes within one hour of receipt of files from Exchanges
- To ensure that the month-end activities and regulatory reporting are done within defined timelines
- Ensure punctuality and discipline
- Ensure proper update and maintenance of collaterals
- Work in shifts whenever required
- Cross-skilling - To act as back-up
- Support Business and Product in new products and implementation of new processes
Business
- Provides best in service to support to address client’s queries and issues
- Ensures all the information transactions are processed as per the agreed deadline.
- Ensures all the instructions are processed well with in the market deadline.
- Ensures all the procedures laid down in the Departmental Operating Instructions and the Key Control Standards are adequately followed.
Regulatory Reporting
- Ensure all Regulatory reporting are done appropriately and with-in timelines.
Escalation
- Keep the immediate Manager advised of the regular operations as well as report extraordinary occurrences so as to enable taking of appropriate action.
Processes
- Processing of Derivatives Transaction of Equity Derivatives, Currency and Interest Rate Derivatives and Securities Lending and Borrowing (SLBM)
- Processing of Trades related to PCM Operations
- Ensure all clients reporting are done on time and all queries of client are replied within 24 Hours
- Ensure that the sectional archival, new requirement testing (UAT and UVT) and documentation, exception tracking MIS, etc is done on at good frequency intervals
People & Talent
- Cross Training in activities of other all processes of Derivatives.
Risk Management
- Ensure operational incidents and client complaints are logged and escalated to all stakeholders
- Identifies all potential risks within business and operations and assesses, monitors, controls and mitigates
- Ensure impeccable audit reports
Business Continuity
- Complete ownership for the BCP plan & procedures so as to ensure that the same is fool proof and the BCP live environment testing is effectively concluded on all occasions.
Knowledge
- Very good interpersonal & communication skills
- In-depth understanding of Equity Derivatives, Currency and Interest Rate Derivatives
- Well-versed with Options and margining
- Good knowledge of banking operations in terms of clearing, cash transfers, regulations, and cash settlement processes.
- Detailed knowledge of the Stock Exchange Bye Laws (NSE & BSE), as well as Stock Exchange Guidelines for handling the arbitration/reporting etc…
- Detailed knowledge of the Capital Market operations
- Very good knowledge of the regulations for the Foreign Institutional Investors issued by RBI and SEBI
- Certification Required – NISM VI, NISM VII and NISM XIII
Governance
- To ensure that all transactions settled are within the ambit of the prescribed regulations and internal policies keeping in sight the interests of the Bank and the client.
- To ensure compliance with group code of conduct.
- To ensure all the mandatory e-Learning / Trainings are complied.
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.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Achieve the outcomes set out in the Bank’s Conduct Principles
Key Stakeholders
- Internal Sections of Securities Services
- Clearing house
- Depository Participants
- Governance team
- Product & Compliance
- Regulators (RBI / SEBI)
Other Responsibilities
- To Perform any job or task resulting from any emergencies as well as those which may be assigned by manager.
- Extensive participation in the systems enhancement UAT of the unit.
- Work towards making process simplified to reduce the time or built better control.
- To execute any job or task resulting from any exigencies as well as those which may be assigned by Manager.
Qualifications
- Education Graduate / Post Graduate
Role Specific Technical Competencies
- Capital Market
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.