Key Responsibilities
To monitor and process lifecycle activities and Corporate Actions for the US Secondary Loans Business
• Showcase a strong understanding of Corporate Loans, the Secondary Market and broader financial markets where applicable
• Ensure timely processing of all Servicing activities in LoanIQ and Corporate Actions and ensure accurate reconciliation of cashflows, operating as the first line of defence
• Ensure timely remediation of issues and engage with various stakeholders to deliver improved risk framework and controls
• Identify and mitigate operational, financial and regulatory risk and ensure adherence to internal policies
• Understand systems, workflows and control framework
• Demonstrate sound attention to detail, risk judgement and execution excellence
• Ensure smooth operation of controls and provide support to the business
• Create and execute MIS, reporting and business insights for US trades
• Execution automation strategies to improve existing control frameworks and minimize manual touchpoints
• Ensure smooth operation and positive client impact
• Be comfortable with change, new processes, have curiosity and demonstrate continued learning
• Demonstrate a collaborative approach to problem solving, clinical execution, ability to drive consensus and challenge status quo where required
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.
Key stakeholders
• Trading Desk, Product Control, Market Risk, Operations Risk and Operations teams within FMO and CIB
Skills and Experience
• Loan Servicing (LOAN IQ)
• Corporate Action
• Operations
• Settlement
• Cash Reconciliation
• Communication
Qualifications
• Education: Bachelor’s degree in finance, business, accounting or related discipline
• Relevant 6-8 yrs of work experience in loan operations
• Certifications: professional certifications in operations, risk, or loan markets are an advantage.
• Shift timings: only night shifts (US coverage)
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.