At a Glance
- Tasks: Lead trade support operations for credit products and drive process improvements.
- Company: Join Standard Chartered, a global bank with a diverse and inclusive culture.
- Benefits: Enjoy competitive salary, flexible working, and generous time-off policies.
- Other info: Opportunities for continuous learning and career growth in a supportive workplace.
- Why this job: Be at the forefront of operational excellence in a dynamic financial environment.
- Qualifications: 5+ years in Middle Office with expertise in credit derivatives and strong leadership skills.
The predicted salary is between 63000 - 77000 £ per year.
The Associate Director, Global Markets Middle Office Credit, holds a critical position within Standard Chartered's financial markets operations. The role demands expert knowledge of credit derivatives and financing products combined with strong operational acumen. The successful candidate will work in a dynamic, fast-paced environment requiring acute attention to detail, exceptional problem-solving ability, and effective communication across diverse teams and geographies.
Working primarily from our London office, you will contribute to establishing and maintaining robust middle office infrastructure that supports our global trading activities. You will ensure the accuracy and timeliness of trade data, liaise with technical partners for system improvements, and facilitate efficient workflows that minimise operational risk. This role offers the opportunity to be at the forefront of operational excellence within the credit trading domain, collaborating with global hubs and local market teams to deliver superior support and enable business growth.
Key Responsibilities
- Ensuring the seamless trade lifecycle management for vanilla and structured credit products.
- Timely capture, coordination, and accurate life-cycling of trades, ensuring compliance with all regulatory and internal requirements.
- Providing expert support to Sales and Trading teams and acting as the primary point of contact for business units, vendors, and audit teams.
- Leading initiatives for continuous process improvement, partnering closely with technology teams to drive operational transformation and efficiency enhancements.
- Managing the interface between local markets and global hubs, ensuring consistent standards and tailored controls are implemented effectively.
- Proactive management of vendor relationships and costs to maintain optimal service delivery levels.
- Prompt remediation of trade queries and rigorous oversight of regulatory compliance requirements.
- Mobilising teams to address audit findings swiftly whilst fostering a culture of innovation and collaboration across stakeholders.
Your role will encompass:
- Leading and coordinating trade support operations for vanilla and structured credit products, including Bonds, CDS, Repos, and Total Return Swaps.
- Driving process standardisation and enhancement within local markets while aligning with global centre policies.
- Championing operational readiness for new product launches and strategic initiatives.
- Offering expert insights on trade workflows and risk mitigation measures.
- Engaging in audit processes and regulatory compliance activities to uphold governance standards.
- Collaborating with cross-functional teams, including Front Office, Technology, and Risk, to foster smooth execution and resolve operational issues.
- Mentoring and leading middle office staff to develop skills and maintain high-quality service delivery.
Skills and Experience
- Comprehensive understanding of credit products such as Bonds, Credit Default Swaps (CDS), Repurchase Agreements (Repo), and Total Return Swaps (TRS).
- Extensive knowledge of structured credit instruments including Transactional Loan Notes (TRCLN), Bonds issued via Loan Notes (BOLN), Bond TRS, Loan TRS, Structured Repos, and Structured Rate Loans.
- Solid grasp of risk management and Profit & Loss (P&L) impacts related to trade activities.
- Proficiency with industry-standard systems like Murex, Bloomberg, and APEX.
- Demonstrated capability in managing end-to-end trade lifecycles and resolving discrepancies to safeguard trade integrity.
- Experience in driving operational improvements through collaboration with technology and business teams.
- Excellent interpersonal and communication skills suited to multi-cultural and cross-functional collaboration.
- Adaptability and problem-solving prowess to thrive in a dynamic, regulation-intensive environment.
Qualifications
- A university degree in finance, economics, business, or a related discipline is preferred.
- A minimum of five years’ relevant experience within the Middle Office function, particularly supporting credit markets.
- In-depth expertise in financial markets credit derivatives and financing products.
- Analytical mindset with a demonstrated ability to investigate trade discrepancies and propose effective solutions.
- Proven leadership skills, including experience as a team lead or manager.
- Confident and adaptable communication skills, capable of engaging with Front Office, offshore teams, and senior stakeholders effectively.
- Competence in Microsoft Excel, including advanced functions such as pivot tables, lookups, and preferably basic VBA scripting.
- Ability to operate efficiently in a deadline-driven environment while maintaining meticulous attention to detail.
About Standard Chartered
We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.
What We Offer
- Being part of an inclusive and values driven organisation.
- 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, sabbatical, and volunteering leave.
- Flexible working options based around home and office locations.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform.
- A continuous learning culture to support your growth, with opportunities to reskill and upskill.
Visit our careers website to learn more about us: www.sc.com/careers.
Associate Director, Global Markets Middle Office Credit employer: Standard Chartered
At Standard Chartered, we pride ourselves on being an exceptional employer that values diversity and inclusion, fostering a collaborative work culture where every employee can thrive. Our part-time Manager, Regulatory Reporting role offers flexible working options and a commitment to your professional growth through continuous learning opportunities, all while contributing to meaningful projects that drive positive change in the banking sector. With competitive benefits and a supportive environment, you'll find a rewarding career path that aligns with your values and aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Global Markets Middle Office Credit
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Standard Chartered. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Director, Global Markets Middle Office Credit
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Standard Chartered.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Standard Chartered's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Standard Chartered
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Standard Chartered.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Standard Chartered will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Standard Chartered employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
