Associate Director, Structuring
- Singapore
- Permanent
- Full-time
Designing bespoke hedging solutions for our clients across Rates and FX, or any other types of risks that are inherent in their businesses and that arise as part of their ongoing business / financing activities.2: Investment Solutions
Designing structured investment solutions based on our clients' risk tolerance and their return targets.3: Financing Solutions
Bespoke Financing Solutions, including financing with embedded derivatives, or involving collateral4: Risk Distribution
Bespoke solutions to ensure we optimise the Bank's Balance Sheet and Risk Capacity creating opportunities for clients to participate in the selldownThe Structuring team within SCB is an integral part of Markets, driving non-flow and episodic transactions. Structuring is a small, collaborative team which encourages individuals to have autonomy and key responsibilities from the startThe team is looking for someone who has some experience working within a Markets environment (Structuring, Sales, Trading), and with some experience in either FX, Rates or Credit derivatives.The Structuring team within SCB is an integral part of Markets, driving non-flow and episodic transactions. Structuring is a small, collaborative team which encourages individuals to have autonomy and key responsibilities from the startThe team is looking for someone who has some experience working within a Markets environment (Structuring, Sales, Trading), and with some experience in either FX, Rates or Credit derivatives.RESPONSIBILITIES
- Structuring provides global coverage of the full spectrum of derivative products (from vanilla to exotic), through our network of product specialists located in Hong Kong, China, Singapore, India, Korea, UK, New York and U.A.E.
- The ideal candidate will be responsible for facilitating FX, Interest Rate and Credit derivative trades in the Bank through idea generation, pricing, new trade set up, automation etc.
- The candidate will be required to work closely with Sales in providing optimal derivative solutions for our clients' requirements, and will need to see these transactions through to execution by working closely with Trading, XVA, Legal, Risk Functions etc. to ensure accurate pricing and risk management of all solutions delivered
- Structuring works closely with Legal and Compliance to ensure proper documentation and compliance with local regulations in the jurisdictions that we deal in. The individual will be responsible 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.
- Risk Management is a key responsibility of Structuring, and the team needs to be well versed and adhere to all Group Policies and relevant legislations covering credit, market risk, operational, reputational risk among others. The individual will be responsible for raising appropriate flags to respective risk heads as and when concerns or weaknesses are spotted and speak up / suggest improvements if warranted
- Structurers are highly involved in Sales Internal training as well as seminars/training sessions offered to SCB customers. The individual will also be required to support and train any junior structurers and/or International Graduates that join the ASEAN structuring team going forward
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- The team is also involved with Quants in model testing/calibration and platform development
- The individual will be expected to work seamlessly with key stakeholders, including Sales, Trading, Banking, Legal, Credit Risk, Market Risk, Quants and Compliance
- Embed Here for good and Group's brand and values in Singapore Structuring team. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)
- 2+ years of experience in Markets or working with Derivatives
- The candidate should have experience in providing derivative solutions for Corporate clients and/or Financial Institutions in a Structuring, Sales or Trading role.
- The ideal candidate will be responsible for facilitating trades in FX, Interest Rate, and Credit derivatives and should display a strong understanding of these products
- Must possess strong technical skills, good attention to detail and experience in pricing derivatives transactions. Track record in idea generation, sales, and external client training is beneficial.
- Global Network & Collaboration: The ability to collaborate with product specialists in key financial hubs is important
- Systems Proficiency: Experience with the calibration or testing of systems used for derivative trading is beneficial
- 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
- 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.