ED, FX Cash Trader

STANDARD CHARTERED BANK (SINGAPORE) LIMITED; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

STANDARD CHARTERED BANK (SINGAPORE) LIMITED seeks an experienced FX & Rates specialist to lead INR offshore activities, collaborate with Sales, Structuring and Strategy, and deliver trading ideas across global centres.

The role focuses on managing execution of trading strategies, maintaining competitive pricing, and driving client engagement with market insights and trade ideas across FX and Rates products.

Qualifications

• Must have a university degree and 10+ years in finance.
• Experience in FX Cash & Derivatives is required.
• Strong analytical skills and data modelling abilities.

Responsibilities

• Ensure compliance with regulations and internal controls.
• Support governance, risk, and conduct initiatives.
• Develop market insights and trade ideas for client engagement.

Skills

Manage Conduct

Risk Management and Internal Controls

Market Knowledge

Products and Processes

FX Forwards and Futures Hedging

FX - Foreign Exchange

Rates Products

Interest Rate & Currency

Swaps

Education

University degree level qualifications

Job description

Job Summary

Help the India Offshore & SGD 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 f 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 d