ED, FX Cash Trader

Standard Chartered Singapore; Singapore; Hybrid; SGD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working options

Unmind wellbeing platform

Competitive salary & benefits

Job summary

Standard Chartered Singapore seeks a seasoned finance professional to lead INR Offshore FX and Rates activities, collaborating with Sales, Structuring, Research and Strategy to originate and trade ideas. You will manage execution of trading strategies, service client orders, and push automation and process improvements to improve operational efficiency.

The role requires deep market knowledge, risk and control discipline, and experience across FX cash and derivatives, with a track record of

Qualifications

• University degree level qualifications.
• 10+ years of experience in the finance industry.
• Experience in FX Cash & Derivatives.
• Strong technical skills to analyze data and develop models.

Responsibilities

• Manage and grow the INR Offshore franchise across FX and Rates products.
• Partner with Sales, Structuring, Research and Strategy teams to originate new products and trade ideas.
• Execute trading strategies and service client order flows.
• Support process improvements and automation initiatives.
• Drive RWA optimization to enhance product economics.

Skills

Risk Management

Internal Controls

Market Knowledge

FX & Rates

Communication

Education

University degree level qualifications

Tools

Data analysis tools

Excel

Job description

Job Summary

Help the India Offshore Macro (FX & Rates) trading teams to build upon the franchise and leverage our sales & trading presence across key centres to deliver TPI for the business. Manage the delivery of ASA FX products to European & the Americas via our traders in those regions.

• Manage and grow the INR Offshore franchise across FX and Rates products.
• Partner with Sales, Structuring, Research, and Strategy teams to originate new products, strategies, and
• trade ideas.
• Manage the execution of trading strategies and efficiently service client order flows.
• Support process improvements, including automation initiatives.
• Drive RWA optimization to enhance FM product RORWA.

Job Summary

Help the India Offshore Macro (FX & Rates) trading teams to build upon the franchise and leverage our sales & trading presence across key centres to deliver TPI for the business. Manage the delivery of ASA FX products to European & the Americas via our traders in those regions.

Strategy

• Manage and grow the INR Offshore franchise across FX and Rates products.
• Partner with Sales, Structuring, Research, and Strategy teams to originate new products, strategies, and
• trade ideas.
• Manage the execution of trading strategies and efficiently service client order flows.
• Support process improvements, including automation initiatives.
• Drive RWA optimization to enhance FM product RORWA.

Business

• Achieve assigned revenue targets as outlined in the annual P3 document.
• Maintain SCB’s market visibility by providing competitive pricing globally across FX swaps and FX cash products.
• Strengthen client relationships through market colour sharing and trade ideas.
• Collaborate with Sales/RM teams to develop new client relationships and deepen existing ones.
• Contribute actively to the ASA Macro team’s client engagement and feedback loop.

Key Responsibilities

Processes

• Ensure full compliance with internal and external regulations.
• Embed operational risk management practices into daily activities.
• Regularly review internal controls to align with changes in products, systems, and regulations.

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

• Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance,
• 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:
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

Internal

• Sales, Research, Trading & Structuring globally
• Relationship managers, Credit and Market Risk Of f icers
• Legal & Compliance
• FM Head of India
• Macro Trading, South Asia, Singapore
• Support functions including PC, Finance, Operations, Middle Office, and IT.

External

• Key clients and potential new clients
• Central Bank and Regulatory Bodies

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

Our Ideal Candidate

Key Experiences

• University degree level qualifications
• 10 plus years of experience in the finance industry
• Experience in FX Cash & Derivatives
• Strong technical skills using tools to analyse data, develop and drive own models
• Good knowledge of specific areas of business/product and market idiosyncrasies.

Role Specific Technical Competencies

Must-have Skills

• Manage Conduct
• Risk Management and Internal Controls
• Business - Market Knowledge
• Business - Products and Processes Advanced
• FM – Forwards and Futures – Hedging
• FM - Products - Foreign Exchange
• FM - Products - Interest Rates Options - Caps & Floors
• FM - Products - Interest Rate & Currency
• Swaps

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 thing and 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-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 all sorts of 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.
• 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

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.