Job Description

Has overall responsibility for the development and execution of the FM Strategy for the country / region, including:

• Leading the country / regional FM team to deliver the FM strategic plan
• Interpret and implement client strategy (and exceptions) including appropriateness and suitability at the country / regional level consistent with the Global FM Strategy
• Collaborate with Country / Regional CEO who is responsible for implementing the country and regional strategies for the Group and ensuring that the overall CIB & FM businesses are aligned with the needs and business plans of country / regional operations
• Internal stakeholder management:
  • across CIB and the broader Franchise – ensuring the firm has transparency on the FM business, seek stakeholder support for FM needs and provide feedback to FM ExCo on country / regional stakeholder priorities/concerns
  • FM staff in region – ensuring engagement of frontline staff and managing people issues in partnership with line managers

 Treasury Markets Head

• Enable TM to act as guardian of the Group’s balance sheet and liquidity by expertly driving asset liability management that is transparent, trusted and well respected.
• Ensure TM is the first line of defence responsible for managing the short-term liquidity position of the Bank
• Work to ensure that TM always acts in the best interest of the Bank and never compromises the structural integrity of the balance sheet

Business

FM Head

• Accountable for FM budget, costs and revenue in the country / region
• Deliver against targeted RoE, RWAs and budgets with appropriate risk management
• Work with CCIB, bridging any product, segment and geographical silos to grow the FM wallet with our key
• Active performance monitoring; identify areas of underperformance and take appropriate corrective action
• Provide direction, migrate best practices, challenge country / region performance and utilise MIS to drive results
• Identify and resolve any business blockages

Treasury Markets Head

• Lead TM in developing and executing of strategy for optimal management of the Group’s balance sheet and liquidity in line with SCB’s overall strategy
• Leadership responsibilities across primary focus areas:
  • Liquidity – All Group assets and liabilities pass through TM for liquidity risk management executed to withstand both market and name specific stress events. Creation of funding capacity through liability generation and balance sheet optimisation
  • Regulatory – Prudently manage Group regulatory reserves, LCR and other key ratios alongside each country’s local statutory requirements
  • Risk Management – Proactively manage liquidity and interest rate risk to minimise inherent balance sheet and regulatory costs and optimise returns
  • Credit – Maintain a portfolio of HQLA and short-term interbank exposure, supporting regulatory requirements, managing surplus liquidity and balancing returns with risk appetite
• Provide thought leadership on balance sheet and liquidity management issues globally while working closely with business and functional partners to deliver the Bank’s objectives
• Maximise TM underlying value creation
• Deliver TM global performance and cost targets as part of the broader TM budget requirements, including management of CTD products and corresponding budget

Processes

FM Head

• Manage Financial Markets processes for the country / region, as allocated within the FM process universe in line with the ERMF and their associated risks, including activities within the processes which are hubbed or outsourced
• Aim for all processes to be adhered to across the country / region, in line with approved policies and procedures with remediation pursued when relevant
• Continuously improve the operational efficiency and effectiveness of processes to increase productivity and reduce operational risk

Treasury Markets Head

• Ensure TM processes are in line with the various risk, governance and control committees

People and Talent

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
• Ensure the provision of ongoing training and development of people
• Employ, engage and retain high quality people, ensuring that holders of all critical functions are suitably skilled and qualified for their roles and they have effective supervision in place to mitigate any risks
• Responsibility to review team structure/capacity plans and succession planning for critical roles
• Ensure active communication of vision, priorities and progress to the business to foster engagement, awareness and motivation
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards
• Encourage staff to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues

Risk Management

• Responsible for identifying, assessing, monitoring, controlling and mitigating risks for the country / region
• Advised of and to monitor all major risk issues and concentrations.  Where appropriate, direct remedial action and/or ensure adequate reporting to the Board and its Risk Committees
• Participate in any significant market risk discussions in the country / region, but not the day-to-day management of market risk
• Aim for successful implementation of first line ERMF in the country / region with remediation pursued when relevant
• Responsible for utilisation of credit exposures from FM products within the limits set by the risk division
• Ensure any audit and compliance issues relating to the Financial Markets business are resolved in a timely manner
• Escalate to the Regional TM or the Global Head of WMPS any issues that might indicate that there is a lack of adequate or appropriate systems and controls are in place for the TM or WMPS Desk to comply with Group and Business policies, procedures, standards and codes 

Governance

• Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the country / region. Overseeing changes and escalation to FM ExCo, Group governance committees including other stakeholders in senior management, risk or control functions where appropriate
• Responsible for delivering ‘effective governance and having the capability to challenge fellow executives effectively
• Follow the process governance practices set out by the Non-Financial Risk Committee (NFRC)
• FM oversight and management of the local legal entity (as required)
• Escalate to TM Regional management or the Global Head of WMPS risks and issues identified that relate to the TM or WMPS desks, and to local Country Management Team

Regulatory & Business Conduct

• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
• Responsible for ensuring regulatory compliance across the country / region and overseeing regulatory interaction on behalf of FM, including engaging with regulators where applicable and working with them in an open and cooperative manner
• Display exemplary conduct and live by the Group’s Valued Behaviours 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 the teams to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
• Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
• Escalate to the Regional TM or the Global Head of WMPS any issues with TM and WMPS Desks complying with the highest standards of regulatory and business conduct and practices as defined by internal and external requirements in relation to use of the Dealing roo

Key Stakeholders

Internal

• Regional / Country CEOs
• FM ExCo
• FM Global / Regional Product Heads
• CIB Product & Segment Partners
• Regional / Country Function Heads
• Regional Head TM
• Global / Country Head WM & WMPS

External

• Regulators
• Key & Potential Clients
• Financial Services Organisations
• Trade Bodies & Associations

Other Responsibilities

• Demonstrate Here for good and Group’s brand and valued behaviours in daily behaviour
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
• Working with the relevant Country / Regional CEO who is also responsible for ensuring that country regulations are taken into account and complied with and that issues related to regulatory compliance are identified and resolved, country or entity balance sheet management and capital sufficiency, and monitoring, managing and escalating material risks in accordance with the Group's risk management framework.
• In an event of a contingency situation, support dealing activities of FM & WMPS desk as part of cross product coverage. 

• Market Knowledge
• Governance, Oversight & Control
• Relationship Management