Associate Director, Structured Rates Trading

Standard Chartered Bank (Hong Kong) Ltd; Hong Kong; Sur place; HKD 1 200 000 - 2 100 000; Plein temps

Résumé du poste

Standard Chartered Bank (Hong Kong) Ltd. is seeking an Associate Director for Structured Rates Trading.

The role focuses on implementing desk strategy, pricing interest rate derivatives, hedging trades, and expanding trading models while managing portfolio risk within approved limits. The position requires strong quantitative skills, experience in structured rates, and the ability to collaborate with global Sales, Research, and Structuring teams.

Qualifications

• Economics, Finance and mathematical understanding at an undergraduate level.
• Experience in trading structured interest rate products.
• Strong technical skills using tools to analyse data, develop and drive own models.

Responsabilités

• Work to implement the strategy of the desk for profitable trading at acceptable risk.
• Achieving assigned full year budget as per annual P3.
• Provide accurate and timely pricing for interest rates derivatives to meet client needs.
• Transact trades to hedge risk and to generate revenue by leveraging market flows.
• Expand product offering through testing and implementation of new trading models.
• Manage portfolio risk within GMR limits and obtain approvals where necessary.

Connaissances

Trading

Market Risk

Securities Laws

Service Excellence

Investment Risk

Investments

Financial Mathematics

Trading

Formation

Undergraduate Economics/Finance/Math

Outils

Pricing models

Description du poste

Associate Director, Structured Rates Trading

Strategy

• Work to implement the strategy of the desk for profitable trading at acceptable risk.

Business

• Achieving assigned full year budget as per annual P3.
• 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 to generate revenue by leveraging off market flows and opportunities.
• To expand the current product offering through the testing and implementation of new trading models.
• Manage the portfolio risk generated by adhering to approved GMR limits and seeking excess approvals where necessary.

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 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

People & Talent

• Contribute to continuous process improvement and sharing best practice
• Collaborate with various stakeholders

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 on this information and put in place appropriate controls and measures
• Comply with guidelines as outlined in the annual dealer mandate

Governance

• Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
• Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.

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.
• Take personal responsibility to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, 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
• FM Heads
• Support functions including PC, Finance, Operations, Middle Office, and IT
• Trading Counterparties
• Brokers

Other Responsibilities

• Embed ‘Here for Good’ and Group’s brand and values for Financial Markets globally.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience

• Customer Behaviour and Preferences
• Financial Mathematics
• Investment Performance Measurement
• Investment Risk Economics and Finance
• Investments
• Market Risk
• Securities Laws and Regulations (SLR) Compliance
• Service Excellence
• Trading

Qualifications

• Economics, Finance and Mathematical understanding at an Undergraduate level. Experience in the finance industry
• Experience in trading Structured Interest Rate products
• Strong technical skills using tools to analyse data, develop and drive own models

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 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 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

The world's best international bank, leading the way in Asia, Africa and the Middle East Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries.

The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities. Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation. Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage.

The world's best international bank, leading the way in Asia, Africa and the Middle East Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries.

The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities. Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation. Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage.

What can I earn as an Associate Director