Associate Director, Bs and Liquidity Management - London, United Kingdom - eFinancialCareers

eFinancialCareers
eFinancialCareers
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London, United Kingdom

4 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

The Role Responsibilities

Job Summary
The primary responsibility of the job is to support Treasury Markets Liquidity Management team's Analytical requirements.


This can be achieved by:

  • Understanding liquidity needs and develop State of the Art MI for Treasury Markets and other key stakeholders to help drive key liquidity optimisation initiatives.
  • Developing models and tools to be able to quickly and accurately track balance sheet movements so that fast and accurate liquidity decisions can be made.
  • Thoroughly understanding our reporting systems and outputs to be able to identify areas of improvements.
  • Provide support in delivering the TM Liability Product strategy of quality improvement, cost reduction and innovation.
  • Eagerness and selfdrive to ensure excellence by being proactive and responsive in liquidity management developments.

Strategy

Treasury Markets acts as guardian of the Group's balance sheet and liquidity by expertly driving asset liability management that is transparent, trusted and well respected.

Treasury Markets is the first line of defence responsible for managing the short-termliquidity position of the Bank.
Treasury Markets' principles are

  • Always act in the best interest of the Bank
  • Never Compromise the structural integrity of the balance sheet
  • Treasury Markets Liquidity Management initiates and supports formulation and delivery of the group's liquidity management agenda

Business:


  • Understand liquidity needs and develop State of the Art MI for Treasury Markets and other key stakeholders to help drive key liquidity optimisation initiatives.
  • Coordinate performance targets for products and track progress across markets.
  • Provide Analytics on Balance Sheet movements, market indicators and metrics to Senior management to drive business decisions.
  • Coordinate with stakeholders to develop forecasts.
  • Work closely with FM Sales and other CCIB stakeholders so that they understand our product suite to sell the product appropriately.
  • Manage stakeholders in Product Control, Country TM teams, Treasury second line, Finance and GLRR to coordinate Business targets and Analytical requirements.
  • Prepare regular team reviews, presentations and coordination of performance across the Global Money Markets product suite and liquidity metrics.
  • Track and monitor core liquidity metrics throughout the year at the Global, Regional and Country levels.
  • Ensure a full understanding of the risk and control environment in which the business operates and ensure business developments are rolled out across all centres on a bestforBank basis (the ability to identify, assess, monitor, control and mitigate riskto the firm. Also, an awareness and understanding of the main risks facing the firm and the role the individual plays in managing them. The ability to interpret the firm's financial information, identify key issues based on this information and put in placeappropriate controls and measures).
  • As required, represent Treasury Markets Liquidity Management function at committees and with Senior Management.
  • Provide thought leadership on balance sheet and liquidity management issues globally while working closely with business and functional partners to deliver the Bank's objectives.

Processes:


  • Maintain the liquidity monitoring suite and modelling capability (including forecasting) of Group, Solo, GCNA and major country balance sheets.
  • Drive forward the golden source data initiatives aligning with other treasury and finance teams.
  • Treasury Markets business and risk management processes are defined and governed in various risk, governance and control committees (e.g. TM NFRC).
  • Provide expertise on liquidity control issue resolution. Ensuring that a continuous process and efficiency improvement culture is embedded within the function and an established process exists to constantly identify and implement improvement opportunities.
  • Development of new tools and reports to meet specific local needs of Treasury Markets management.
  • Challenge the status quo and keep abreast of liquidity developments in local markets and leadingedge liquidity risk management practices.

People and Talent:


  • Lead through example and build the appropriate culture and values.
  • Set appropriate tone and expectations from their team and work in collaboration with risk and control partners (This is a global role, with extensive interaction across products, countries and business teams with a remit to deliver Liquidity, Quantum, Qualityand Pricing agenda).

Risk Management:


  • Support managing the Group's balance sheet and liquidity to within agreed limits and MATs (Management Action Triggers). Help the team to ensure that a robust liquidity position is maintained and that any surplus liquidity is deployed prudently in line withthe Bank's objectives.
  • Adhere to Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation.
  • Proactively advise and monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk and other stakeholders.

Governance:


  • Enforce a culture of risk management, control and governance, and ensure that the Treasury Markets teams comply with the risk management processes in place.
  • Take responsibility for guiding and influencing stakeholders, to ensure the balance sheet of the Bank is managed in line with the relevant governance guidelines and standards.

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 Markets Liquidity Management 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 Other Treasury teams, Risk, Compliance, Business Stakeholders, C
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