Associate Director, Fund Trustee Services - Transaction Banking Associate Director, Fund Trustee Services -  …

Standard Chartered Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Standard Chartered Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Standard Chartered Bank
Associate Director, Fund Trustee Services - Transaction Banking
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.


The Role Responsibilities
  • Legal, Risk and Compliance
    • Co-ordinate with legal, risk, operation and compliance teams to discharge fiduciary duties of the trustee and ensure relevant regulatory and CIS requirements for trustee and the CIS, Group policies and procedures are compiled with
    • Provide professional comments on fund constitutive documents and other legal documents with legal team
    • Attend to enquiries and requests from risk and compliance teams
    • Assist in addressing any enquiries from the regulatory authorities

  • Operations Management
(1) Fund set up
    • Review and coordinate the execution of constitutive documents
    • Conduct due diligence and onboarding procedures
    • Co-ordinate with fund manager and service providers to ensure operational readiness
(2) Ongoing Supervision and Control
    • Review and coordinate the execution of constitutive documents
    • Collect and review monthly KPI/MIS reports and score cards
    • Prepare monthly internal management reports
    • Co-ordinate meetings of board of directors and management committee
    • Conduct regular service review and on-site due diligence on fund managers, administrator, custodian and prepare due diligence reports
    • Co-ordinate annual and ad-hoc audit on the trustee entity

  • Monitoring on daily operation of CIS
    • Review investor onboarding, approve any exception on subscription, redemption activities of CIS
    • Examine potential investment breach and drive resolution of breaches with relevant parties
    • Review NAV calculation and examine the reasonableness of NAV fluctuation
    • Liaise and co-ordinate audit on CIS

  • Business Development
    • Support the sales/RFI/RFP processes as trust and fiduciary product expert
Key Stakeholders
  • Directors of SCT
  • Head of Custody and Fund Services Operation
  • Represent SCT with all stakeholders including Clients and industry bodies.

Our Ideal Candidate


Knowledge
  • Experienced in trustee or fund services for different types of CIS in Hong Kong and preferable in other jurisdictions .
  • Familiar with the relevant regulatory requirements in discharging trustee duties (e.g. Securities and Futures Ordinance and relevant Code and Guidelines) and good knowledge on fund operations covering custody, fund administration and transfer agency services .
Skills
  • Detail-oriented and strong analytical skills
  • A proven ability to work with teams in different locations and culture
Behaviours
  • A trusted advisor for trust business and fund services for CIS
  • Strong credibility with key stakeholders, i.e. Legal, Risk, Compliance and Operation.


Apply now to join the Bank for those with big career ambitions.
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