Standard Chartered
Associate, Rates Trading
New York, NY
Nov 12, 2024
Full Job Description

Key Responsibilities

  • Assist in developing and implementing trading strategy for FX Swaps and Interest Rates Products.
  • Maximize TPI by ensuring effective end-to-end client risk management/service alongside with collaborating with Sales to show trading axes.
  • To grow the G10 Rates franchise globally and increase Standard Chartered Bank's visibility amongst our client franchise with focus on Interest Rate Swaps, Cross Currency Basis Swaps as well as FX Swaps.
  • Awareness and understanding of the Group's business strategy and model appropriate to the role.
  • Drive the client engagement for RWA optimisation to improve the overall FM product RoRWA globally within G10 Rates.
  • Continue to develop and drive global G10 Rates electronic trading strategies and data analytics.
  • Achieving assigned full year budget.
  • To deepen existing client relationships through regular conversations with our Sales colleagues and generating market commentaries.
  • To work with the global Sales/Relationship Managers force to identify new prospects and client opportunities.
  • Provide sales desk with competitive pricing and product support in our endeavor to outperform.
  • To explore new products and structures to increase the breadth and depth of the market.
  • Manage risk and meet profitability targets through daily market-making activities.
  • Knowledge base must cover issuance and corporate hedging strategies which drive long end swap pricing and relationship.
  • Expertise in developing and enhancing Cortex analytics to facilitate optimum risk management and promulgate existing synergies with the other trading desks.

  • Ensure adherence to all internal and external regulations. To 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. Ensure that the business meets its obligations 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, policies and regulations.

Key stakeholders

Internal

  • Sales, Research and Structuring globally
  • Relationship managers, Credit and Market Risk Officers
  • Legal Compliance
  • Local FM Head
  • Support functions like Back and Middle Office

External

  • Key clients and potential new clients
  • Central Bank and Regulatory Bodies
  • Interbank brokers

Skills and Experience

1-3 years of professional experience in the following areas:

  • Data Science
  • Financial Mathematics
  • Trading
  • Market Risk

Qualifications

  • Education - Bachelor's preferred (open to all majors)
  • Languages - English

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 thingand 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

Expected annual base pay range for the role is 136,000 USD to 170,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations
Visit our careers website www.sc.com/careers

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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
  • Proactive wellbeing supportthrough 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 cultureto 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.
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www.sc.com/careers

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Job Information
Job Category:
Accounting
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Associate, Rates Trading
Standard Chartered
New York, NY
Nov 12, 2024
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