Associate Manager

Standard Chartered Chennai , IN 46615

Posted 2 weeks ago

JOB SUMMARY

  • As a Trade Operations Analyst, you will be responsible for supporting the efficient execution of Trade Finance operations within the bank. You will play a vital role in the Trade Operations team & be responsible for the processes of delivering Trade Finance services for Standard Chartered Bank's clients with a focus on client experience as well as management of risk and full compliance of rules, regulations, procedures, practices, and policies that are applicable to the process.

RESPONSIBILITIES

Strategy

  • Demonstrate awareness and understanding on the Group's business strategy and model as it relates to Trade Finance Operations

  • Align with Group's trade finance strategic goals and objectives

Business

  • Understand the Trade Business, Products and the Clients for the markets that are being processed

  • Adhere to service levels and efficiency/accuracy standards to deliver against our key performance indicators

  • Provide subject matter expertise and support to internal stakeholders

  • Collaborate with cross-functional teams to deliver Trade Finance Operations objectives

  • Identify areas for improvement and contribute to actionable recommendations

Processes

  • Execute processing of Trade Finance processes, ensuring adherence to operating instructions, and full compliance of internal policies as well as regulatory requirements.

  • Maintain process documentation, including workflow diagrams, department operating instructions and process manuals.

  • Identify opportunities for process optimization and automation to enhance operational efficiency and reduce risk.

  • Collaborate with internal teams to implement process improvements and drive operational excellence.

  • Maintain high productivity and completion of tasks within assigned cycle times with high accuracy in execution of transactions.

People & Talent

  • Foster a collaborative and inclusive work environment that promotes teamwork, knowledge sharing and professional growth

  • Self-learning and initiative in leveraging available training to learn new products outside of initial product assignment to further grow and develop expertise and capabilities

  • Lead by example and demonstrate behaviour consistent with the bank's culture and values

  • Support development and training of new team members to ensure a high overall level of expertise and competency

  • Provide guidance, mentorship, and coaching to new team members to enhance their performance and career development

Risk Management

  • Act as the first line of defence in risk management and identification of risk in course of daily operations.

  • Comply with procedures and operating instructions as well as internal guidelines and policies which are designed to mitigate risk.

  • Ensure error free processing complying with documented procedures and operating instructions.

  • Identify, highlight and escalate concerns appropriately to allow risk to be adequately managed.

  • Contribute to and support process improvements for operational risk management.

  • Implement and maintain effective control mechanisms to monitor and manage operational risks.

Governance

  • Comply with Group Policies and Procedures.

  • Comply with Local policies and procedures that may be applicable

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.

  • Lead the [GBS Trade Operations team to achieve the outcomes set out in the Bank's Conduct Principles

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

Key Stakeholders

  • Operations in various Spoke Countries that outsource processing to GBS
  • Trade Sales & Business in various Spoke countries

Other Responsibilities

  • Internal governance teams

  • Embed Here for good and Group's brand and values. Perform other responsibilities as may be assigned from time to time by the supervisory Chain;

Skills and Experience

  • Operations - Back Office

  • Banking Products (Trade Finance)

  • Anti-Money Laundering Policies and Procedures

  • Service Excellence

  • On-Line Transaction Processing tools

  • Process Improvement

Qualifications

  • Bachelor's Degree in finance, business administration, or a related field is recommended. A relevant professional certification (e.g., Certified Documentary Credit Specialist) is a plus

  • 3-5 years prior experience in trade finance operations within a banking or financial institution

  • Strong understanding of Trade Finance products, including letters of credit, guarantees and documentary collections.

  • Knowledge of international trade rules and practices, including UCP600, ISP98, ISBP745 and URC522

  • Familiarity with Trade finance systems and technologies

  • Excellent analytical, problem solving, and decision-making skills

  • Ability to work effectively in a fast-paced, deadline-driven environment

  • Strong communication and interpersonal skills to collaborate with stakeholders at all levels

  • Attention to detail and a high level of accuracy in executing trade finance operations

  • Good command of English language is a must. Command of additional languages is a plus

Competencies

Action Oriented

Customer Focus

Drives Vision & Purpose

Decision Quality

Technical Competencies: This is a generic competency to evaluate candidate on role-specific technical skills and requirements

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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

  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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

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