Associate Vice President, Settlements

2 weeks ago


Kuala Lumpur, Malaysia Standard Chartered Full time

**Job**: Operations

**Primary Location**: Asia-Malaysia-Bukit Jalil KL

**Schedule**: Full-time

**Employee Status**: Permanent

**Posting Date**: 13/May/2024, 10:04:02 PM

**Unposting Date**: Ongoing

**Role Responsibilities**

Strategy*
- Awareness and understanding of the Group’s business strategy and model appropriate to the role.

Business
- Strong exposure in Custody operations, Securities Settlements, Corporate Actions, Financial Market Operations, Treasury services, knowledge on Agent banking, Sub Custody operations and clearing is a must for this role.
- Ensures seamless delivery of services against specified standards by the customer.
- Responsible for daily administration & smooth operation of the shop floor.
- Also responsible for meeting/minimizing Cost targets and keeping operating costs below pre-determined levels.
- Excellent oral / written communication skill

Processes
- >Should be aware of LEAN tools and should have driven efficiency projects. Lean Six Sigma, Black Belt certified staff has an advantage.
- >Responsible for leading & motivating a team of team members with accountability on all Service Delivery parameters.
- Excellent communication skills, Advanced Presentation skills, Advanced document writing skills. Quick thinker and should have willingness to work with tight deadlines.
- Lead process improvement and cost save / ops excellence initiatives
- Partner with various squads like transformation, Ops Excellence to create stability and scale for the teams
- High engagement and team motivation skills, ability to multi task team members, reviewing policy guidelines, interacting with stakeholders on deviations / obtaining dispensation, clarifying regulatory aspects, providing Securities advisory services.
- Project management skills, ability to drive high performing teams, creative and provide 24X7 hours support and flexible, represent Settlements in Securities Mancom
- Responsible for leading & motivating a team of team members with accountability on all Service Delivery parameters.

People & Talent
- >> Collaborative skills and should be able to work with staff across locations and grades.
- Develop and coach people
- Clear career road map to be set for the span
- >> Retain talents and develop soft skills

Risk Management
- Basic knowledge of RISK gradings, BASIL Norms
- To ensure all control/operating procedure and documentations are properly followed.
- To ensure compliance to all established procedures, regulations and the Group Guidelines.
- To keep track of changes (internal and external) affecting Clients and communicate such changes, along with impact analyses, on a pro-active basis, through newsflashes, market insights, operations guides and through other routine communication.
- Diving end to end process reviews. Driving Process Risk Assessment’s and key control reviews and implementing right controls.
- Producing Root Cause Assessment for issues/Incidents.
- Partner with risk and other internal teams (GIA/UORM’s) during reviews and mitigate any risk findings.

Governance
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.

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.
- Lead the [country / business unit / function] 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.] *
- Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders
- Business partners across countries, Central operations, GBS SSO Management team and Larger SSO team.

Other Responsibilities
- Embed Here for good and Group’s brand and values in FMO / SSO; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats).

**QUALIFICATIONS**

TRAINING, LICENSES, MEMBERSHIPS AND CERTIFICATIONS
- EDUCATION POST GRADUATION / MASTERS
- TRAINING ANY INDUSTRY TRAININGS (ADDED ADVANTAGE)
- LANGUAGES ENGLISH
- Data Science
- Financial Market Operations
- Custody & Clearing
- Ops Efficiency
- Lean Six Sigma
- Leadership

**About Standard Chartered**

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, l



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