Associate Director, Structured Rates Trading

Standard Chartered Bank; Hong Kong; On-site; HKD 1,000,000 - 2,000,000; Full time

Job summary

Standard Chartered Bank in Hong Kong seeks a senior trader to price and trade interest rate derivatives, manage portfolio risk, and expand product offerings. You will work within risk limits, ensure regulatory compliance, and collaborate with global desks to deliver client solutions.

The role requires strong technical skills, experience with structured IR products, and a track record of revenue generation. It is a full-time, on-site position based in Hong Kong.

Qualifications

• Bachelor's degree in Economics/Finance or mathematics.
• Experience in trading Structured Interest Rate products.
• Strong technical skills using tools to analyse data and build models.

Responsibilities

• Provide accurate and timely pricing for interest rate derivatives to meet internal and external client needs.
• Transact trades to hedge risk and generate revenue by leveraging market flows and opportunities.
• Expand the current product offering through testing and implementing new trading models.
• Manage portfolio risk within approved Group Market Risk limits and seek approvals when necessary.
• Adhere to all regulations and maintain internal controls and procedures.

Job description

Job Description:

Key Responsibilities

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, elevate, 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

More Job Information

Job Function

• 銀行
• 金融服務 - 一般
• 其他

Location

• 中環

Employment Term

• 全職
• 長期

Education

• 學士