Associate Director, Algorithmic Trading Quants

RESPONSIBILITIES

Strategy

• Informed with an awareness and understanding of the Group’s business strategy and model appropriate to the role.
• Informed on the Algorithmic Trading Quants (ATQ) and FX E-Trading business strategy.

Business

• Responsible for maximising eTPI along with colleagues in the ATQ team.
• Responsible for growing the eFX franchise within the confines of the regulatory framework.
• Responsible for spotting new revenue opportunities in FX E-Trading franchise.
• Informed on any changes within the quant team.

Processes

• Responsible for the specification, delivery and continued maintenance / operation of automated pricing and trading algorithms, models and controls which further the business and risk management objectives.
• Responsible for optimising client spread-capture/ hedging using big data analysis.
• Responsible for generating alpha signals for use by algorithms and models in FX E-Trading.
• Responsible for delivering the back testing / analysis / monitoring necessary to achieve the above.
• Responsible for working together with colleagues in IT in order to achieve the above.
• Responsible for ongoing monitoring of model performance and data mining to identify shortcomings / opportunities for improvement.
• Responsible for liaising with E- / V-sales around appropriate client pricing.
• Consulted on models and algorithms developed by others in FX E-Trading.

• Ensure adherence to all internal and external regulations
• Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations
• Ensure that there are appropriate and documented internal controls and procedures in place. 
• Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations 

Risk Management

• Responsible for identifying, monitoring, controlling and mitigating risks to the Group stemming from the FX E-Trading business.
• Responsible for embedding operational risk monitoring as an integral part of the business process.
• Responsible for ensuring there are appropriate and documented internal controls and procedures in place.
• Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them 
• The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures 
• Comply with guidelines as outlined in the annual dealer mandate 
• Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance 

Governance

• Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
• Willingness to work with any local regulators in an open and cooperative manner. 

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.
• Adhere to code of conduct prescribed by the UK regulators and MAS. 

Key Stakeholders

• Head, Algorithmic Trading Quants 
• Global Head, eMacro Trading 
• Regional Macro Trading heads
• Global Head, FM Sales 
• Global Head, Macro Trading
• Global Head, FM ITO 
• Global Head, TRM, Market Risk

Our Ideal Candidate

• CP-AT, CP-CDF, AAP
• 5 + Years of Experience in Products – eFX
• Experience in Trading

Role Specific Technical Competencies

• Operational Risk
• Software Engineering 

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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers