Director, Business Manager, Treasury COO

Recruiter
Standard Chartered Bank
Location
London, United Kingdom
Salary
Competitive
Posted
18 Mar 2023
Closes
22 Mar 2023
Ref
19075045
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Role Responsibilities
Job Summary
The Treasury COO team works with the Treasury department to maximize the performance of Treasury business, partnering with the functions and geographies.
The Treasury COO team focuses on all aspects of business management with particular emphasis on (i) Growth and Strategy (ii) Investment and Cost (iii) Control and Governance.
This is executed through activities such as delivering business development projects, chairing the respective non-financial risk committee (NFRC), working with the functions to ensure suitable infrastructure is in place, implementing bank wide initiatives within Treasury, assessing ongoing operational risk and working to build the foundations for future growth.
As such the Director, Business Manager will
  • Represent Treasury business and COO on Risk, Conduct and governance risk committees and forums (i.e., Treasury NFRC, Group CFO reviews etc.) including pack presentation and decision-making.
  • Ensure the end-to-end non-financial risk governance (including Operational, Fraud, Compliance, Conduct, Information Cyber security risks and other risk types defined by the Enterprise Risk Management Framework) of Treasury-wide processes including Treasury Markets, Treasury Liquidity, Treasury Capital, etc.
  • Manage global stakeholders from Treasury process owners (first line) and risk framework owners (second line) to meet internal and regulatory guidelines over non-financial risk and controls.
  • Maintain an overall vigil and work with the Business to ensure operational controls commensurate with the risk appetite of the Bank.
  • Support the Treasury COO to ensure that effective operational controls, processes and systems are in place and adhered to.
  • Work collaboratively with Treasury COO Risk and Governance change team in improving, simplifying and standardising operational processes.
  • Act as a mentor to guide junior members within the team in delivering on their objectives.
Strategy, Busines and Processes
Control, Conduct and Governance
  • Manage the MI packs for Treasury NFRC (once every two months), Group CFO Treasury governance review (quarterly) and other non-financial risk packs for Senior management within Treasury.
  • Drive the first-line delivery of non-financial risk and control periodic reviews such as the Conflicts-of-interest register and Conduct plan, etc.
  • Work closely with the wider Treasury COO Risk and Governance change team to ensure that the new strategic initiatives are embedded in the governance framework for Treasury.
  • Enhance existing controls under Treasury process universe and implement new controls where required.
Governance
  • Treasury NFRC and GFCO governance
  • Design, format and draft content papers, packs and presentations suited for senior management at the Treasury NFRC, Group CFO reviews and etc).
  • Review the NFRC and GCFO governance MI packs and related governance documentation including Terms of reference (ToR), meeting agenda and minutes, where applicable.
  • Work with Treasury process owners and risk owners (Risk, Compliance, Finance and Cyber risk) to ensure papers submitted to the NFRC are accurate and received in a timely manner.
  • Investigate controls exceptions of all potential processes under Treasury process universe and review these exceptions monthly with risk owners in pre-NFRC discussion(s).
  • Provide briefing notes for Treasury Management, where required.
Risk Management
Operational risk and support to Group initiatives
  • Provide guidance to Treasury process owners to establish and maintain appropriate frameworks / procedures within Treasury for monitoring, identifying, assessing, and managing Operational risks.
  • Work with Treasury process owners, risk and control owners to monitor Treatment plan / remediation over elevated non-financial risks, Operational risk events and audit issues.
  • Ensure that Treasury operational risk policies and procedures are efficiently and effectively applied.
Internal Assurance and Audit reviews
  • Support Treasury Group process owners in their internal Group Compliance assurance reviews and Group audits, where required.
People and Talent
  • Act as a mentor to guide junior members within the team in delivering on their objectives.
  • Guide junior members in the team on MI production and analytics processes and procedures.
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 Treasury to achieve the outcomes set out in the Bank's Conduct Principles as guided by the Group Conduct risk management standard.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Treasury Management Team / Group Process owners
  • Treasury Markets Management Team
  • Treasury COO
  • FM COO Group and Regions
  • Global Group CFO process owners
  • Technology and Change teams
  • Treasury Risk owners / Support functions - Product Control, Treasury Risk, Traded Risk, Operational Risk, Legal, Compliance and Operations, etc.
Other Responsibilities
  • Embed Here for good and Group's brand and values in Group Treasury COO team.
  • Perform other responsibilities assigned under Group Business or Functional policies and procedures.
Our Ideal Candidate
  • Degree in Banking, Finance and Economics with 10 years of relevant work experience in banking and financial services.
Technical Knowledge
  • In-depth knowledge of Financial Markets and Treasury business (including markets), products and operational processes.
  • Knowledge of SCB's architecture, processes and systems is an advantage.
  • Strong understanding of the evolving industry and regulatory requirements and the ability to translate these into implementable actions.
  • Proven track record of implementing bank-wide regulatory and business critical programmes.
Role Specific Technical Competencies
  • Governance, Regulation and Risk Management - Risk and Control
  • Governance, Regulation and Risk Management - Regulatory Compliance
  • Financial Products and Markets
  • Effective Communications
  • Influencing Through Expertise
  • Operational Risk
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
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