At a Glance
- Tasks: Lead innovative FIC solutions and optimise capital strategies for global clients.
- Company: Join ICBC Standard Bank, a dynamic financial markets leader with a global presence.
- Benefits: Enjoy competitive pay, hybrid working, generous parental leave, and wellness support.
- Why this job: Make a real impact in a diverse team while growing your expertise in finance.
- Qualifications: Experience in capital optimisation and strong understanding of regulatory environments required.
- Other info: Be part of a culture that values diversity and personal growth.
The predicted salary is between 72000 - 108000 £ per year.
ICBCS Global Markets offers sales, structuring and trading expertise to our clients across a range of products, with particular strengths in Emerging Markets. Global Markets comprises two core divisions: Commodities and Fixed Income and Currencies (FIC). The Commodities business provides trading, sales, working capital solutions and structuring expertise through its Metals and Energy teams. The division's expertise extends to the management and financing of physical commodity inventories across these asset classes. The FIC Division offers a comprehensive set of foreign exchange, interest rates, credit, money markets, capital markets, and structured financing products.
Our clients include Financial Institutions, Corporations, Governments, and Institutional Investors around the world.
What you’ll be doing
High Level - team member within FIC Structuring working with the FIC origination teams and trading businesses to deliver structured FIC solutions to our global client base. Focus on capital, balance sheet, and regulatory liquidity optimisation strategies for ICBCS and its clients. The role will be a Certified Person under the Senior Manager and Certified Person Regime and will be expected to comply with the regulatory conduct rules under the regime.
You’ll be responsible for:
- Proactively working with FIC global origination teams including the Americas and Asia to develop new products & solutions, to lead to executed transactions, to fulfil client needs and meet bank business objectives.
- Specific focus on client capital, balance sheet and regulatory liquidity optimising transactions.
- Partnering with ICBCS Finance, Treasury and Global Markets teams to develop and execute transactions which increase the bank's capital, balance sheet and regulatory liquidity efficiency.
Execution & Process
- Partner with FIC Trading and Origination to structure and execute transactions which optimise balance sheet, regulatory liquidity and capital consumption of ICBCS and its clients.
- Ensure all internal approvals are received including credit, legal, finance and compliance and all relevant committees (TAC, NPSTAC, CRMC, Credit Committee and Exco/Board if applicable).
- Work with Origination to obtain authorisation for transactions via the TAC process.
- Work with Trading to obtain authorisation for New Products via the NPP/NPSTAC process.
- Maintain deal files for Structured Transactions and transaction term sheets and/or descriptions if required.
- Minimise and monitor operational risk incidents, internal and external transaction audits.
- Work with relevant support functions to engage with external counsel or advisors supporting a transaction.
Conduct
- Maintain an awareness of and comply with all Anti Money Laundering laws, regulations, policies and procedures relevant to ICBC Standard Bank.
- Uphold the Values of the firm.
- Escalate all significant Regulatory / Compliance issues immediately through appropriate channels.
- Responsible for ensuring all mandatory training is completed.
- Operates within the terms of the SLAs with Standard Bank Group and MOUs with ICBC Group.
What you’ll need to be successful
We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch:
- Proven experience in developing and executing capital, balance sheet and regulatory liquidity optimising transactions with a proven ability to consistently produce to targets.
- Strong technical expertise on transactions which increase capital, balance sheet and regulatory liquidity efficiency for banks and their clients.
- Strong understanding of Regulatory environment and working within these parameters.
- Understanding of PRA and FCA rules and regulations.
- Understanding of capital, risk and control Banking and Legal knowledge.
- Strong technical expertise across GM products offered by us (Foreign Exchange, Credit, Interest Rate and Equities collateral).
- Strong derivative and hedging knowledge within an EM context.
- Strong credit structuring and documentation expertise.
- Understanding of IFRS and International Taxation.
- Finance / budget management.
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vision statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What’s in it for you?
- Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
- Hybrid working - the option to work remotely up to two days per week, depending on the role.
- Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
- Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
- Community - paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
- Development - a suite of opportunities to build the skills you need to excel in your role.
If you're excited about becoming part of our team, get in touch. We’d love to hear from you!
Director FIC Structuring in London employer: ICBC Standard Bank Plc
Contact Detail:
ICBC Standard Bank Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director FIC Structuring in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and banking sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise in capital and liquidity optimisation.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your experience with structured financing products and how you've successfully executed transactions that optimise balance sheets and regulatory liquidity.
✨Tip Number 3
Showcase your understanding of the regulatory environment. Be prepared to talk about how you’ve navigated PRA and FCA rules in past roles, as this will demonstrate your ability to operate within compliance parameters.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our diverse and dynamic team at ICBCS.
We think you need these skills to ace Director FIC Structuring in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Director FIC Structuring role. Highlight your experience in capital, balance sheet, and regulatory liquidity optimisation. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific projects or achievements that demonstrate your expertise in structured financing and client solutions.
Showcase Relevant Experience: When filling out your application, be sure to showcase any relevant experience in developing and executing transactions. We love seeing concrete examples of how you've optimised capital and liquidity in previous roles.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at ICBC Standard Bank Plc
✨Know Your Stuff
Make sure you have a solid understanding of capital, balance sheet, and regulatory liquidity optimisation strategies. Brush up on the specific products offered by the company, like Foreign Exchange and Credit, so you can speak confidently about how your experience aligns with their needs.
✨Showcase Your Experience
Prepare to discuss your proven track record in developing and executing transactions that optimise capital and liquidity. Use specific examples from your past roles to illustrate how you've met targets and contributed to business objectives.
✨Understand the Regulatory Landscape
Familiarise yourself with the PRA and FCA rules and regulations relevant to the role. Being able to discuss how you’ve navigated these regulations in previous positions will demonstrate your expertise and readiness for the challenges of the job.
✨Engage with the Team
Since this role involves collaboration with various teams, be prepared to discuss how you work with others, especially in structuring and executing transactions. Highlight any experiences where teamwork led to successful outcomes, showing that you can thrive in a diverse and close-knit environment.