Global Head, Commodities Structuring

Standard Chartered; London; On-site; GBP 75,000 - 120,000; Full time

Job summary

A leading international bank is seeking a Manager for their Commodities Sales and Structuring team. The role involves shaping business strategy, ensuring compliance with regulations, and providing effective leadership to drive financial results. Candidates should demonstrate strong risk management skills and the ability to work collaboratively across teams. An excellent opportunity to make a positive impact within a dynamic organization committed to professional growth and diversity.

Benefits

Core bank funding for retirement savings

Medical and life insurance

Flexible working options

Proactive wellbeing support

Continuous learning culture

Qualifications

• Strong leadership and management skills.
• Ability to drive team performance and strategic initiatives.
• Experience with commodities and financial regulations.

Responsibilities

• Lead the Commodities Sales and Structuring team.
• Ensure compliance with regulatory standards.
• Drive business strategy to exceed financial targets.

Skills

Risk Management

Market Risk

Financial Risk Management

Commodities

Structured Products

Job description

JOB SUMMARY

• Role is a Manager role. Refer to P3 for overall Budget requirements on Total Product Income. There will also be team related responsibilities to help achieve team and bank-wide objectives.

RESPONSIBILITIES

Strategy
• Work with Global Heads Sales and Structuring Segment Heads and FM Heads to deliver the Bank to clients in line with Bank’s overall strategy
• Provide leadership for the Commodities team to drive service excellence via robust product support, bespoke solutions and strategic cross-asset guidance
• Contribute towards the global business strategy for Commodities Sales and Structuring to drive growth aligned to the group and lead the implementation of the strategy within the team
• Demonstrate awareness and understanding of the Group’s business strategy and model appropriate to the role

Business
• Lead the Commodities Sales and Structuring team in developing effective plans to deliver / exceed the financial milestones and targets as set from time to time
• Work with respective global and Global product heads to identify the initiatives needed to grow the Commodities Structuring business on a short, medium and long term basis
• Take ownership and ensure lessons are learnt within the business
• Identify opportunities in the commodities business in geographies, and client segments by working with other businesses; Corporate Finance, Transactions banking, Retails banking, and Commercial and Private Banking

Processes
• 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 add Standards and under local laws and regulations.
• Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of suck procedures and controls and regularly review them to ensure that the reflect any changes in products, systems, policy and regulations.

People & 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.
• Provide effective leadership and management to direct reports and ensure they are highly engaged and performing to their potential
• Ensure the provision of ongoing training and development of people where appropriate and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Contribute to continuous process improvement and sharing best practice
• Set and monitor job descriptions and objectives for direct reports where appropriate and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Lead and reinforce strategic change and ensure the organisation structure and people programs are aligned and geared towards supporting change
• Employ, engage and retain high quality people, with succession planning for critical roles. Identify, evaluate and action under performers
• Review team structure/capacity plans to handle the business demands

Risk Management
• Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
• The ability to interpret the Group’s financial information, identify key issues based in this information and put in place appropriate controls and measures
• Comply with guidelines as outlined in the annual dealer mandate

Risk Governance
• Through assignment to direct reports, ensure that adequate and appropriate systems and controls are in place to comply with Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation

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.
• Lead the team to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
Internal
• Sales, Research and Structuring globally
• Relationship managers, Credit and Market Risk Officers
• Legal & Compliance
• Commodities Trading
• Support functions like Back Office, Middle Office, Finance and Technology

External
• Key clients and potential new clients
• Trade organizations and Exchanges
• Pier relationship at global trading partners
• Central bank and Regulatory Bodies

Other Responsibilities
• Embed Here for good and Group’s brand and values in United Kingdom, Hong Kong and Commodities Business
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

FM Front Office Supervisor Responsibilities
This role has been identified as a Markets ‘Front Office Supervisor’ and as such has associated with it a series of specific supervisory responsibilities in addition to any current employee / management responsibilities within the Bank. Periodically the holder of this role will be required to attest that they understand their specific supervisor responsibilities and that they will execute these diligently. For the avoidance of doubt these Front Office Supervisory Responsibilities supplement and do not replace those outlined in this Job Description as well as any other applicable core employee/management responsibilities associated to employment with the Bank.

These specific responsibilities can be found at the following location: http://teamsiteshk.zone1.scb.net/sites/wb/fm/FMFOSupervision/default.aspx

Our Ideal Candidate
• Risk Management
• Market Risk
• Financial Risk Management
• Derivatives
• Credit Risk
• Commodities
• Structured Products
• Legal Documentation

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.