Shanghai Associate Director, CPM Markets (ChinaHong Kong)

Key Responsibilities

This role could be based in China or Hong Kong. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

Strategy

Set CPM Markets’ global funding and resource optimisation strategy, including delivery of the CFD mandate, to improve FM revenues and returns within funding, liquidity and regulatory constraints.

Develop CPM Markets’ CFD function as FM’s central funding utility, with clear priorities, targets, management information and governance.

Shape FM’s Funds Transfer Pricing policy and framework with Treasury, Finance and Markets, aligning funding, liquidity and balance-sheet costs with business decisions.

Translate capital, liquidity and margin developments into strategic priorities, management information and system requirements for FM and CIB.

Own the Client Term Deposits (CTD) product strategy and roadmap, aligning its proposition with FM priorities and Treasury Markets’ funding and liquidity requirements.

Business

Lead FM funding and regulatory-cost (LCR/ NSFR) management, balancing growth, profitability and resource constraints.

Partner with Repo and Structuring to raise cash through money markets, ABCP and structured notes, minimising funding and regulatory P&L drag.

Align Sales, Trading, CPM, Treasury, Finance and governance forums on FM funding, liquidity, Corporate Plan and balance-sheet priorities.

Partner with Sales to deliver the CTD strategy and commercial agenda, originating and executing solutions that meet Treasury Markets’ funding and stress liquidity needs.

Processes

Manage FM’s daily cash funding and leverage requirements within approved limits.

Monitor funding costs, liquidity usage and regulatory constraints, escalating emerging risks and recommending appropriate mitigation.

Mark CFD asset and liability funding curves and maintain the funding pipeline.

Manage FM intragroup exposures within approved limits.

Execute funding, inventory and collateral optimisation to reduce regulatory and P&L drag and redeploy leverage to higher-returning assets.

Implement regulatory and policy changes through fit-for-purpose processes, management information and systems.

Provide guidance to Product Management and Technology on the CTD roadmap, enhancing the product experience and enabling seamless delivery for Sales.

People & Talent

Set clear expectations and foster a collaborative, accountable and inclusive culture.

Communicate CPM Markets’ vision, CFD priorities and progress clearly.

Build team capability through coaching, knowledge-sharing and continuous improvement.

Risk Management

Identify and manage the principal risks arising from FM funding and resource optimisation.

Operate within the dealer mandate, risk appetite, limits and applicable policies.

Escalate material risks and control issues promptly and complete required attestations and training.

Manage risk and P&L of a trading book

Governance

Assess governance and control effectiveness and oversee remediation.

Discharge responsibilities in line with regulatory obligations and Group standards.

Provide effective challenge, speak up on breaches and engage openly with regulators and control functions.

Skills and Experience

Dealing experience in financial instruments e.g. FX swaps, interest rate swaps
Competency in analysing market risk and PNL on trading positions
Knowledge and understanding of key balance sheet metrics (LCR, NSFR, leverage ratio, RWA etc)

Qualifications

Bachelor's degree in Finance, Economics, Accounting, Mathematics, Engineering, Statistics, or a related quantitative discipline. 

CFA, FRM, CPA or similar professional qualification would be advantageous but not mandatory.

Experience in Markets, Treasury, ALM, Funding, Liquidity Management, Product Control, Market Risk, or Financial Resource Management.

Exposure to trading products such as: FX swaps, Money Markets, Repo / Reverse Repo, Bonds, Structured Deposits and Securities Financing Transactions

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.