Manager, Financial Market Operations

Manager, Financial Market Operations

Standard Chartered
Not Specified
Not Specified

Job Description

About Standard Chartered 
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.  
To us, good performance is about much more than turning a profit.  It%27s about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. 
We%27re committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities %26amp; Our Ideal Candidate
Brokerage Operations primary role in ensuring timely brokerage payment and investigation services.  
Business is highly focused on Brokerage Fee which has an impact their business PnL (Contra Revenue).
Brokerage focuses on supporting critical business units (COO, Business Heads, PC and other stakeholders):
  • Providing reports and Management Information Dashboard
  • Providing brokerage PnL explain
  • Other queries on Brokerage Payment and allocation. 

Candidate should have knowledge in the following areas:
  • Settlement background
  • Reconciliation
  • Understanding the breadth and complexity of the regulatory environment across our global footprint.

  • Strong cross product awareness
  • Strong understanding of the market and the target operating model
  • Strong focus on control and protecting the firm and clients interests
  • Proactive engaging approach (internal and external)
  • High integrity / team orientated approach
  • Be an active, vocal member of workshops, discussions and working groups.
  • Strong team-player
  • Attention to details and analytical mindset
  • Multi-tasking and prioritization

  • Duties:
  • Brokerage Operations contact point person (Internal stakeholders ie SCB onsite team, project team, FO, COO and external stakeholders ie Brokers across regions, Broadridge - 3rd party vendor)
  • Partner with 3rd party provider to drive specific broker agenda. Ensuring a timely workflow is device for top priority brokers and achieve a timely payment structure.
  • BAU criticality
    • Aged invoice payments have been raised to Global business heads and the high risk at NFRC. Therefore, timely payment management is critical.
    • Exception Management which includes repair non STP payments and entries.
    • Breaks Management - Commentary update, timely breaks investigation and resolution, reducing aged breaks reported at the monthly Risk Forum to top management.
    • Non-Transaction Fee not managed by 3rd party provider and hence process entirely from BAU team (maker/ checker control)
    • Month end accrual and reporting
    • Month end reconciliation
    • Business MI Reporting
  • Key driver for daily calls agenda with 3rd party provider.
  • Governance and Oversight of 3rd party provider’s performance
  • User Acceptance Testing (UAT) %26amp; User Verification Testing (UVT) - when needed.
  • Project involvement:
    • Phase 2 countries migration; coordinate with Project team
    • Take over exception handling for the Phase 2 countries from countries (except for Korea)
  • Identify and build strong, effective relationships with both the business and technology stakeholders, across global offices.
  • Focus on supporting global business model

  • Apply now to join the Bank for those with big career ambitions. 
    To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

    Similar Jobs

    Career Advice to Find Better