Mgr, Settlements

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

• To have a good knowledge about the product (Equities and Fixed income) and understand the Trade life cycle. Relevant experience is added advantage.
• To ensure the trades are rematched in timely manner and status updated to client / Agent / Brokers within agreed timelines.
• Ensure to inform clients / Brokers on the amendments required and follow up to get the same from client and brokers.
• Ensure Maker / Checker controls are strictly adhered to and ensure to follow the activities checklist.
• To identify and highlight the open risk areas in the process and highlight the same to management and work towards addressing the risk.
• Review reconciliation breaks on a daily basis and ensure that long aged breaks are focussed and cleared in timely manner.
• Support risk and audit related activities
• Regular follow up with agents until trades gets settled in the market and relay the communication to client.

Key Responsibilities

Strategy

Understand the Goals of the bank and work towards fulfilment.

Business

Knowledge of Custody operations, Mutual Fund, Securities Settlements, Financial Market Operations. Knowledge of Agent banking, Sub Custody operations and clearing will be an added advantage.

Processes

People & Talent

Risk Management

Governance

Awareness of Group policies and procedures. Understand risk mitigation.

Regulatory & Business Conduct

Key stakeholders

Country / RM / Brokers / Clients.

Qualifications

Skills and Experience

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.

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