Executive Director, Rates Quant Dev in London

As an Executive Director in the Rates Quant Development team, you will play a critical role in the delivery of desk pricing, risk, marking and PnL tool strategy for the Rates business and take responsibility for the front to back risk governance.

Strategy

Informed with an awareness and understanding of the Group’s business strategy and model appropriate to the role. Informed on the Rates (G10 and EM) trading strategy, including eTrading.

Business

Responsible for maximising TPI along with colleagues in the Rates trading and product teams.

Processes

Responsible for the specification, delivery and continued maintenance / operation of pricing and risk tools and models, with associated controls for Rates trading which further the business and risk management objectives. Responsible for working together with colleagues in MAG and IT in order to achieve the above. Responsible for ongoing monitoring of system and model performance shortcomings / opportunities for improvement. Consulted on models and algorithms developed by others in ARM, MAG and Rates Trading. Ensure adherence to all internal and external regulations. Ensure that the business meets its obligations for the prevention of money laundering under the Group Policy and Standards and under local laws and regulations. Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations.

Key Responsibilities

People and Talent

Lead through example and build the appropriate culture and values. Set appropriate tone and expectations amongst colleagues and work in collaboration with risk and control partners. Contribute to continuous process improvement and sharing best practice. Lead and reinforce strategic change and ensure the organisation structure and people programs are aligned and geared towards supporting change.

Risk Management

Responsible for identifying, monitoring, controlling and mitigating risks to the Group stemming from the pricing and risk tools and models in Rates trading where appropriate. Responsible for embedding operational risk monitoring as an integral part of the business process. Responsible for ensuring there are appropriate and documented internal controls and procedures in place. Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them. The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures. Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance.

Governance

Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, escalating concerns and on request to 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. Willingness to work with any local regulators in an open and cooperative manner.

Regulatory & 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.