Standard Chartered Bank Recruits Product Delivery Manager

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.
 
We are recruiting for the position of:

Job Title: Product Delivery Manager - FX/MM

Job ID: 374741
Job Function: Technology & Operations
Location: Lagos, Nigeria - SCB
Full/Part Time: Full time
Regular/Temporary: Permanent

Description

• Responsible for end to end processing, settlement, confirmation, and record keeping of all Foreign Exchange and Money Market Transactions.
• To provide assistance and clarity required to reconcile and investigate all FX/MM related items in Nostro accounts
• Ensure proper tracking of outstanding confirmation for forward deals.
• Assist Head, Financial Markets Operations in implementing changes to internal standards/procedures in line with business development.

Key Roles & Responsibilities

• Implement processes and procedures in accordance with approved operations strategy, best practice models and preferred system solutions as appropriate to the ALM and FX business.
• New system testing and verification, and determining appropriate action to be taken in new or unusual circumstances.
• Ensure that all securities used by the ALM book are reconciled daily and no ALM related item is over aged in Nostros.
• Ensure compliance with all relevant laws & regulations, and that documented procedures are up-to-date at all times.
• Manage relationships between the Financial Markets Operations, Global Markets and GSSC FMO and internal customers to ensure excellent interfaces between sales, trading and operations.
• Ensure all FX/MM  deals booked in the bank's system-Opics are duly settled on value dates
• Contribute to and implement detailed testing of disaster recovery contingency plans.
• Match incoming and outgoing confirmations for FX/MM deals.
• Ensure timely settlement of all FX/ALM deals.
• Render timely all regulatory reports required on FX/ALM business to relevant stakeholders.
• Assist the ALM desk by monitoring and reporting timely, all late and failed payments from counter parties.
• Generate Trade Confirmation on or before T+1 and dispatch same in line with procedure
• Track and monitor forward deals and ensure no outstanding confirmation of trades in line with procedure.
• To generate and maintain complete MIS for the department’s activities covering all FX/MM products.
• Ensure compliance by the department with all relevant laws and regulations
• Ensure all MIS for BOLD are tracked and all templates populated monthly. Copied from: www.hotnigerianjobs.com
• Coordinate WDAS utilization report for the bank.
• Ensure all required analysis, statistics and returns are completed accurately and same submitted to the relevant parties timely.

Qualifications & Skills

• Bachelor's Degree plus minimum of 5 years experience in banking operations
• In-depth knowledge of Treasury products and local money market practices.
• Sound knowledge of Risk control and reporting
• Excellent written and verbal communications
• Good analytical skills to analyze, interpret, resolve and change workflow to improve productivity Copied from: www.hotnigerianjobs.com
• Sound analytical and business process knowledge
• Good PC skills - spreadsheets and word processing
• Adaptable, flexible, independent and innovative.
• Thorough knowledge of  local regulations governing Financial market Operations
• Good communication and interpersonal skills

In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

Application Closing Date
30th March, 2013

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: When the page opens, at the Location dropdown, select Nigeria - SCB and click Search, then click Product Delivery Manager - FX/MM