Manager, Margin Operations

Year    Bangalore, Karnataka, India

Job Description


Responsibilities

  • Ensure effective handling of daily BAU and booking of margin movements in collateral management system
  • Engage with credit, legal, compliance, XVA, front office, middle office and margining teams to resolve margin disputes and issues concerning the accuracy of margin calls
  • Effectively handle client queries, issues and complains
  • Challenge existing process and continuously seek opportunity to improve processes and controls
  • Participate in process deep dive review with Risk and control functions
  • Actively participate in BCP events such DR drill and call tree tests
  • Participate in business prioritization, UAT tests and post implementation check
  • Adherence to key processes and control requirement
  • Ensure timely completion, maintenance and renewal of DOI, R&R and SLA documents
  • Ensure tasks are carried out within policies and procedures avoiding costs due to delays, compensation claims and operational losses.
  • Embed the Group\xe2\x80\x99s Values and Group Code of Conduct in the daily process and ensure adherence with the highest standards of ethics, complying with relevant policies, processes and regulations.
  • Timely completion of OJT and mandatory learnings
  • Ensure cordial relationship with colleagues and stakeholders
  • Own your career, seek feedback to continuously improve and innovate while utilizing the firm\xe2\x80\x99s internal resources
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
  • Lead to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association
Key Stakeholders
  • FMO Margin Ops
  • FMO MT
  • FMO Regulatory Operations
  • FMO Cash Settlements
  • FMO Securities Operations
  • Technology
  • FM & Regional COO
  • FM Business Heads
  • TCRM
  • Finance including Product Control
  • Legal & Compliance
  • Operational Risk
Role Specific Technical Competencies
  • Manage Conduct
  • Manage Risk
  • Manage People
  • Business Facilitation
  • Manage Change
  • Business Governance & Support
  • Strategy & Business Model
  • Service Delivery & Operations
Qualification
  • At least 5 years of working experience in Operations Risk, Collateral Management, Middle office and banking operations
  • Understanding of margin and portfolio reconciliation requirements under Doff-Frank, EMIR, HKMA, MAS etc
  • Expert understanding of OTC Derivative, MTM valuation, Margining, ISDA/CSA, Repo and SBL and Trade sensitivities
  • Sound understanding of the functioning of various asset classes, Trade Life Cycle, FO & MO functions and front to bank processing
  • Sounds knowledge of industry platforms like \xe2\x80\x98Acadiasoft, Tri-Resolve, Bloomberg, Reuters, IM Exposure Manager etc
  • Ability to communicate effectively with peers, senior management and other stakeholders within the organisation.
  • Ability to work well under pressure and meet tight deadlines
  • Excellent written & spoken communication, good team player and self-motivated
  • Knowledge of operational processes, operational risks and controls
  • Proven ability to support identification of operational risks and to suggest control enhancements
  • High level of PC literacy with a strong understanding of Microsoft Products
About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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Standard Chartered

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Job Detail

  • Job Id
    JD3068022
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year