At a Glance
- Tasks: Lead operations for Exchange Traded Derivatives and drive process improvements.
- Company: Join a leading international bank with over 150 years of history.
- Benefits: Competitive salary, flexible working, generous leave, and wellbeing support.
- Other info: Be part of an inclusive culture that values diversity and innovation.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: 3+ years in Financial Markets and expertise in ETD processes required.
The predicted salary is between 54000 - 66000 £ per year.
We’re a leading international bank, with more than a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. With more than 1,100 branches and offices in 68 countries, we offer exciting and challenging international career opportunities.
Currently we are looking for a Manager ETD Operations to our office in London.
Key Responsibilities
- Support for all House Franchises across all relevant Business lines trading Exchange Traded Derivatives.
- Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk.
- Understand the Futures & Options products lifecycle across Rates, Commodities, FX & Equities from front to back and be the subject matter expert and go-to person for the core systems processing.
- Drive continuous improvement and innovate.
- Partner with Technology to deliver transformation.
- Work with FM to identify process improvements and drive efficiency.
- Face of Operations to Sales and Trading Desks locally – primary point of contact.
- Insulate FM from post execution processing / queries, represent Operations functions.
- Build team profile with the Front Office.
- Stakeholder engagement, 2-way flow of information – “Trusted Advisor”.
- New business enablement and solutions, partner to deliver strategic FM initiatives.
- Constantly seek opportunities to improve global consistency, work closely with the Hubs and other regions to close gaps and standardise processes.
- Communicate with trading desks & COO to solve immediate day to day issues with transactions as well as understand their longer terms needs to shape business decisions in Operations.
- Build strong relationship with direct colleagues in Bangalore, Malaysia & New York ETD Ops as well as Clearing Technology to facilitate efficient communications and speedy resolutions of issues.
- Identify and close knowledge gaps within the Global Team through hands on training.
- Daily KPI monitoring vs SLA.
- Engage with industry bodies and vendors to identify opportunities to enhance processes and systems and drive efficiency.
- Be the subject matter expert for MIS, cost-per-trade, touch points per trade – drive their evolution and identify areas to proactively add value through improved data.
- Be aware of, and strive to reduce, vendor costs.
- Operations representation for external/internal and regulator scheduled audits.
- Ensure Audit points are addressed within timelines.
- Achieve regulatory compliance and future proof the ETD Ops model through a strong understanding of current rules and anticipation of upcoming regulations.
- Adherence to Ops Risk Framework standards of implementation and process management.
- Continuous review of procedures & processes.
Required Experience
- Subject matter expert on Exchange Traded Derivatives with a core understanding trade and post trade processes.
- ETD trade, position and cash reconciliations inclusive of fees & commission management.
- Additional knowledge of expiry and trade life-cycling is highly desirable.
- Minimum 3 years Financial Markets experience ideally from a top tier bank.
- Understanding of front to back process and systems flows.
- Strong understanding of commodities products including Base Metals, Precious Metals, Structured Inventory, Product, Energy, Power & Gas.
- Financial and physical knowledge needed and highly advantageous.
- Knowledge of Carbon Emissions and Voluntary Carbon Credits and experience of ICE Endex and CBL exchanges desirable.
Required Skills
- Analytical and process improvement mindset.
- Strong inter-personal skills.
- Confident communicator able to adapt style to Front Office and Hubs colleagues.
- Ability to influence demanding individuals.
- Demonstrate strong teamwork and values mindset.
- Thrive on working in fast paced environment while maintaining attention to detail.
- Fast learner with the ability to think out of the box and provide solutions.
- Knowledge of vendor systems supporting ETDs (ION XTP, FIS, GMI or equivalent) Bloomberg, Murex v2.11 and v3.1 preferable plus LME SMART, LME SELECT, ICE Admin, ICE FEC, ICE ECS, CME Deliveries Plus, CME FEC.
- Proficient in Excel (pivots, lookups and basic VBA an advantage).
Role Specific Technical Skills and Competencies
- Internal Controls.
- Operational Functions.
- Process Improvement.
- Products and Services.
- Relationship Management.
- Risk Management.
Qualifications
- University degree preferred.
Languages
- Mandarin will add advantage.
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.
Manager, ETD Operations in London 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 Manager, ETD Operations in London
✨Tap into Campus Networks
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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.
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We think you need these skills to ace Manager, ETD Operations in London
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.
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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.
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✨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.
