Business Manager, Markets COO Job at Standard Chartered Bank

Standard Chartered Bank - 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. As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East.

We are recruiting to fill the position below:

Job Position: Business Manager, Markets COO

Job ID: 8041
Job Location: Victoria Island, Lagos
Area of interest: Operations
Job type: Regular Employee
Work style: Office Working


Job Summary

  • This role could be based in Nigeria and Cote D'Ivoire. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.

Responsibilities
Strategy:

  • Execute and implement the local Markets strategy and business initiatives for Cote d'ivoire and Western Africa cluster

Business:

  • Execution and delivery of the global Markets agenda locally.
  • Partner with local support functions and stakeholders to unblock any business issues.
  • Be the “connector” between global and local and export best practices.
  • Business budgeting and forecasting where required.
  • Driving and management of a prudent cost culture.

Processes:

  • Continuously seek out process simplification and process re-engineering opportunities to improve operational efficiency.
  • Keep up to date with local regulations to assess impact / business opportunities and manage any changes to business processes and infrastructure.

Risk Management:

  • Support local Markets Head in running of the local Markets Non-Financial Business Risk Forums (Markets NFRFs).
  • Identify, assess and mitigate operational risks in-country. 
  • Execute controls, monitor, report and escalate operational risks where appropriate in-country.

Governance:

  • Operate effective supervision of Markets, and oversight of Treasury Markets, and Capital Markets Products and Solutions (CMPS) in the dealing room, where applicable.
  • Ensuring dealing room staff adhere to internal and external processes and procedures, and governance practices set out by the Markets risk committees.
  • Support the local Markets Head in supervising and coordinating in-country audits 
  • Provide business support on dealing room management, eg. capacity planning, business continuity, access controls, Service Level Agreements, licensing, etc.

Regulatory & 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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:

  • Local Markets Head
  • Local Front Office desk heads, including Treasury Market, and Capital Market Product Services
  • Regional and local Country Technology Operating Officer
  • Markets Business Manager
  • Compliance, local and Markets
  • Operational Risk, local and Markets
  • GIA
  • Markets Operations
  • Traded Credit and Market Risk
  • Finance, local and Markets

Other Responsibilities:

  • Embed Here for good and Group’s brand and values in Western Africa Markets COO team Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Qualifications

  • Education: University Degree (Finance /Banking Preferable)    
  • Certifications: Accounting, Financial Risk Manager Qualification preferable but not mandatory
  • Languages: English & French (preferable) 

Role Specific Technical Competencies:

  • Markets
  • Project Management
  • Governance and Control