Associate Director - Middle Office FXO

Standard Chartered; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Standard Chartered is seeking an experienced professional to own FXO product knowledge and lifecycle across regional hubs. You will partner with Trading, Sales, IT and Operations to enable new business, manage risk and drive efficiency in cross‑regional initiatives.

Role involves maintaining strong relationships with internal teams and external industry bodies, while ensuring strict governance and regulatory compliance in a dynamic global environment.

Qualifications

• 5+ years’ experience with FXO products, including characteristics, risk, market data and P&L.

Responsibilities

• Provide day-to-day support to Trading and Sales activities.
• Perform relationship management functions with counterparties, IT, Credit, Operations and Front Office.
• Lead follow-the-sun support with regional/global teams.
• Collaborate with COO, business and technology teams on new product offerings.
• Support regional/global initiatives and ensure adherence to key processes and controls.
• Ensure timely escalation and minimise risk through efficient booking and processing.

Skills

FXO product knowledge

Stakeholder management

Business acumen

Industry engagement

Job description

• Subject matter exposure of FXO products in terms of product characteristics, risk, market data and P&L:


• Work with internal teams to develop and deliver solutions to improve client experience and generate additional revenue


• Provide day-to-day support to both Trading and Sales activities


• Perform relationship management functions including day-to-day support.


• Work with regional and global teams to facilitate a “follow the sun” support model


• Work with the COO business and technology/project teams on new product offerings


• Support, manage and execute regional/global initiatives


• General communication with Counter parties, IT Support, Credit, Operations, Front Office, Legal and Product Controllers


• Adherence to key processes and control requirements


• Provide Business Continuity Planning and support

Key Responsibilities

Strategy

• New business enablement and solutions, partner to deliver strategic FXO initiatives.


• Constantly seek opportunities to improve global consistency, work closely across functions and other regions to close gaps and standardise processes.


• Communicate with internal and external stakeholders to solve immediate day to day issues with transactions as well as understand their longer terms needs to shape business decisions in Middle Office


• Build strong relationship with internal teams to facilitate efficient communications and speedy resolutions of issues:

Business

• Understand the FXO products lifecycle from front to back and be the subject matter expert and key team member for the core systems processing.


• New business enablement and solutions, partner to deliver strategic FM initiatives.


• Engage with industry bodies and vendors to identify opportunities to enhances processes and systems and drive efficiency

Processes

• Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk.


• Drive continuous improvement and innovate:


• Partner with Technology to deliver transformation


• Work with COO to identify booking model improvements and drive efficiency


• Be aware of, and strive to reduce, vendor costs

Risk Management

• Operations representation for external/internal and regulator scheduled audits:


• Ensure Audit points are addressed within timelines


• Achieve regulatory compliance and future proof the Middle Office model through a strong understanding of current rules and anticipation of upcoming regulations

Governance

• Adherence to Ops Risk Framework standards of implementation and process management:


• Continuous review of procedures and booking model


• Operations representation for external/internal and regulator scheduled audits:


• Ensure Audit points are addressed within timelines


• Achieve regulatory compliance and future proof the Middle Office model through a strong understanding of current rules and anticipation of upcoming regulations

Regulatory and 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.


• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.


• Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Key Stakeholders

• Face of Operations to Sales and Trading Desks locally – point of contact:


• Insulate FM from post execution processing / queries, represent Operations functions


• Build team profile with the Front Office


• Stakeholder engagement, 2-way flow of information – “Trusted Advisor”

Our Ideal Candidate

• 5+ years’ experience into FXO products in terms of product characteristics, risk, market data and P&L


• Experience with new business enablement and solutions, partner to deliver strategic initiatives.


• Understand the FXO products lifecycle from front to back and be the subject matter expert and go-to person for the core systems processing.


• Engage with industry bodies and vendors to identify opportunities to enhances processes and systems and drive efficiency

Role Specific Technical Competencies

• Process Improvement


• Managing Change


• Operational Functions


• Macro


• Operations Back Office

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.

Recruitment Assessments

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