Manager, Treasury - Liquidity (FTP)

Standard Chartered Bank Singapore
14 Aug 2017
25 Aug 2017
Contract Type
Standard Chartered is a leading international banking group operating for over 150 years in Asia, Africa and the Middle East. We've built a successful and sustainable business by playing a fundamental role in economies, helping people and businesses grow and achieve their aspirations. With over 89,000 employees representing 127 nationalities, we value the diversity and unique perspectives amongst our people. We are committed to developing their strengths and enabling them to make a difference to our success by helping them fulfil their potential.

Job Description

Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank's liquidity, capital and balance sheet position.

This role will manage the execution of Funds Transfer Pricing (FTP) Policy, implementation and related Target Operating Model (TOM) in Treasury - Liquidity FTP Team. This entails:
* Recommending and monitoring country level practices to ensure successful implementation of Group FTP Policy and Practice Guide (PG);
* Supporting FTP Policy Owner to review country FTP dispensation and ensure exception is granted with proper justification;
* Identifying common areas or gaps from Country practices to facilitate refinement of Group policy and PG to achieve more reliable country compliance
* Implementing FTP Target Operating Model (TOM) with more standardized and coordinated approaches across countries and centralizing more responsibilities to FSSC
* Supporting implementation of FTP changes for improving overall resource allocation decision and financial performance and upgrading the bank's FTP approach to address PRA feedback and external factors such as Basel 3 weightings
* Supporting strategic implementation of FTP solution by providing subject expert knowledge and business requirements
* Working with internal stakeholders to embed the change in FTP framework and ensuring finance and business stakeholders understand and act upon Treasury guidance and messaging on FTP / regulatory requirements

Key Roles and Responsibilities

Policy Governance
* Recommend and monitor country level FTP policy and procedures;
* Provide policy guidance on country FTP matter and escalate dispute to policy owner;
* Facilitate country submission of FTP CFO checklist and support Regional / Country Treasury Risk to establish plan / process with Country Finance to identify genuine dispensation requests or adopt Treasury guidance where dispensations are not applicable;
* Support FTP Policy Owner to review FTP dispensation request and ensure exception is granted with fair and proper justification;
* Identify common themes and focus areas and consider FTP policy and PG amendment to facilitate compliance with guidance in country
* Review and update Group FTO policy and Practice Guide
* Review PPG for FTP treatment of new product
* Maintain the existing BBSM Modeling work, including core computation (methodology and governance) for Non-Maturing products and Time deposits
* Facilitate and monitor the implementation of Cost of Liquidity
* Support the alignment of internal liquidity risk framework and FTP framework
* Engage in budgeting process for any strategic / tactical FTP implementation
* Implement FTP TOM for more standardized approaches across countries by centralizing responsibilities to FSSC or SMEs to increase efficiencies and reduce manual works by finance
* Strengthen governance and control and reducing (operational) risk exposure
* Streamline the country process in Core / non-core process, Charge for Deployed Equity (CfDE) and PSFTP configuration
Stakeholder Engagement
* Working with internal stakeholders to embed the change in FTP framework and change the mindset around liquidity management and funding resource allocation
* Ensuring finance and business stakeholders understand and act upon Treasury guidance and messaging on FTP, primarily via FTP Project Steering Committee (PSC) and FTP Business Engagement Workgroup (EWG)
* Strengthening engagement and collaboration with Treasury Risk to facilitate improved internal alignment
* Providing FTP training and developing strong relationships to enable impactful collaboration with business stakeholders

Qualifications and Skills

* Good knowledge of cash flow, liquidity risk, interest rate risk concepts and the regulatory changes, such as behavioral models, Funds Transfer Pricing (FTP) mechanisms, Basel III etc.
* Familiarity with banking book and money-market financial products. An understanding of derivatives is advantageous but not required
* Ability to understand, define and articulate business requirements in a clear, precise manner (with project management experience is advantageous)
* Ability to scope and conduct data intensive numerical studies, and present the results in a concise and clear manner to audiences which may include senior management, business and country stakeholders
* Familiarity with databases and related technology and how these are applied in a banking business environment
* Practical understanding of the Group's balance sheet and introductory knowledge of the Capital and Liquidity related policies and how they are applied
* Ability to effectively prioritise workload and remain focused on key initiatives
* Excellent communication skills, oral and written
* Drive impactful collaboration and communication both within Treasury and with key stakeholders such as businesses, finance and technology
* Being able to take a courageous stance in decision making, whilst being adaptable and flexible in approach. Referring issues for consultation as appropriate and asking for help when it is required

How To Apply

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It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 24/08/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Equal Opportunity Employer

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation.