Associate, Structured Rates Trader

Standard Chartered; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading international bank in London seeks a Trading Specialist with a Master's in Finance and experience in structured rates products. You will manage profitable trading strategies, adhere to compliance regulations, and foster relationships with various teams. The ideal candidate is adaptable and has strong communication skills. This position offers competitive benefits and supports a diverse work environment.

Benefits

Competitive salary

Flexible working options

Core bank funding for retirement savings

Generous leave policies

Proactive wellbeing support

Continuous learning opportunities

Qualifications

• 2+ years’ experience in trading structured rates products.
• Project and time management skills to monitor multiple workstreams.
• Ability to work in a team and diverse work environment.
• Excellent written & oral communication skills.
• Experience of working with and presenting to senior stakeholders.
• Flexible and resilient mindset to deal with a dynamic setting.

Responsibilities

• Implement the trading strategy for profitable trading.
• Work with teams to maximise the bank’s revenues.
• Provide pricing for interest rates derivatives.
• Manage portfolio risk while adhering to limits.
• Ensure compliance with internal and external regulations.
• Lead by example and foster a strong culture.

Skills

Trading structured rates products

Project management

Teamwork

Communication skills

Stakeholder engagement

Adaptability

Education

Master of Finance - Financial Engineering

Job description

Key Responsibilities

• Work to implement the strategy of the desk for profitable trading at acceptable risk.
• Work in partnership with Sales, Structuring, and other trading teams to maximise the bank’s revenues and achieve the assigned full year budget.
• Provide accurate and timely pricing for interest rates derivatives to meet the needs of both internal and external clients at competitive prices.
• Transact trades to hedge risk and generate revenues by leveraging off market flows and opportunities.
• Expand the current product offering through the testing and implementation of new trading models.
• Mange the portfolio risk generated by adhering to approved risk limits and seeking excess approvals where necessary.
• Establish and maintain a network of relationships with other SCB Global Market centres, to identify opportunities for business growth.
• Ensure adherence to all internal and external regulations.
• To embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance.
• Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations.
• Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations.
• 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.
• Contribute to continuous process improvement and sharing best practice.
• Employ, engage and retain high quality people, with succession planning for critical roles.

Qualifications

• Master of Finance - Financial Engineering
• 2+ years’ experience in trading structured rates products.
• Project and time management skills to monitor multiple workstreams and take ownership of issues / tasks.
• Ability to work in a team and diverse work environment.
• Excellent written & oral communication skills
• Experience of working with and presenting to senior stakeholders.
• Flexible and resilient mindset to deal with a dynamic and quick-to-change setting.

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 thingand 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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.