Manager, Settlements

The Role Responsibilities
Strategy
We are a team of world class business development, product management and client services professionals, trusted advisors tour clients, industry and product experts with a laser focus on Financial Markets strategic objectives. We exemplify SCB's culture and respected by our colleagues and revered by the competitions.
We are seeking for a stand-out candidate based in Hong Kong to participate in the growth and transformation journey of Financial Market Operations which comprise of the Securities Service Operations.
The individual will report to the Hong Kong head of financial market operations, the role is multifaceted and dynamic with primary responsibilities to drive implementations of the operating model across the business and operations, requiring ongoing partnership with multiple parties across the organization, internal and external clients and the wider industry such as Hong Kong Exchange.
Key Responsibilities

• Design operating model where custody activities can be delivered timely in accordance with clients' instructions and the rules laid down in the Departmental Operating Instruction Manual.
• Resolve problematic transactions on operations and proactively work closely with internal and external parties such as counterparties and the central depository to pre-empt potential service level issues.
• Manage and avoid risks to client, Bank / Group by ensuring prompt and accurate reporting to clients / management, timely rectification and / or monitoring of any discrepancies including shares rejection.
• Manage and supervise daily custody activities and ensure all instruction from clients are timely and efficiently executed, complied with the requirement of the Securities and Futures Ordinance.
• Ensure proper risk management control of daily operational matter, resolve business problems and irregular items including audit inspections.
• Comply with the Money Laundering Prevention Procedures and be alert at all times to unusual or possibly suspicious customer's activities.
• Report any suspicious activity to the line manager as well as Country Money Laundering Prevention Officer if considered necessary.
• Participate in client and industry forum meetings and be the custody subject matter expert in contributing to the discussion.
• Support business development and client implementations, adopt digital tools to improve automation processing rate.
• Play a governance duty on hub's activities, ensure support regional custody business efficiently.
• Implement client requirements in custody team and ensure services standard achieved.
• Develop internal procedures and controls for avoid operational risk and financial loss.

Regulatory and 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 Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the Hong Kong Financial Market Operation Governance team to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Front Office (Relationship Managers, Sales, Trading, Products)
• Global Operations,sTechnology, Audit, Legal and Compliance.
• COOs and Operations Risk team

Our Ideal Candidate

• 8 years of relevant industry experience, ideally with a range of core operation processing expertise in Securities Products and custodian service.
• Proven team leadership capabilities with a strong emphasis on engagement, client satisfaction, culture, risk, control, and governance.
• Strong understanding of relevant and up to date technical knowledge, applications, techniques and changing regulatory environment and its impacts on operations in the Hong Kong markets.
• Excellent project management skills and a proven track record of implementing change.
• Ability to liaise effectively with internal and external clients and stakeholders.
• Mandarin and Cantonese language ability beneficial.
• Experience of digital tools and data management.

Role Specific Technical Competencies

• FM - Products - FX, Rates and Equities
• Custody - Hong Kong settlement in CMU and CCASS
• Fund of Funds processing

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers