Associate Director, Trade Product Manager, TB

Associate Director, Trade Product Manager, TB

Standard Chartered
Not Specified
Not Specified

Job Description



About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities

JOB PURPOSE Be responsible for GBA China Trade strategy alignment and execution. Responsible for new offering end-to-end product design, development, maintenance and commercialization throughout the solution life cycle. Work closely with local stakeholders, regional and global product partners to ensure proper governance and risk control.
Strategy

  • Actively contribute to the overall business strategy develop tactical plans to achieve our long-term vision and leadership positions.


Financial Performance and profitability

  • Drive revenue growth and grow market share against budgets and targets for GBA China.

  • Set pricing strategy, guidelines and approval governance.

  • Ensure fit-for-purpose, fit-for-growth, fit-for-sale products

  • Drive end to end product performance, such as efficiency, straight-through processing, turnaround times, and ensuring scalability of growth

  • Create product propositions aligned to client segment strategy and commercialize such product with frontline


Product Management and Development

  • Drive innovation, remain up-to-date on key product trend in China GBA areas, and ensure collaboration across other product groups in TB and SCB

  • Ongoing digitisation including e-penetration strategies and platform collaboration

  • Create a market and client feedback loop to ensure that buyer behaviour is well understood and appropriate enhancements made to products and services.

  • Remain up-to-date on the competitive environment with a clear view of external capabilities benchmarking and respond to the consequent opportunities or threats identified.

  • Provide training and pitch support from product perspective and participate specific project team including both internal and external ones to ensure market leadership and implication.


.
Commercialization

  • Responsible for commercialization and Trade & Working Capital solution penetration & market share improvement in GBA areas

  • Understand the needs of customers and prospects, and implement structures and solutions to meet these needs ensuring delivery of Trade & Working Capital solutions.

  • Provide ongoing support and training to Trade Sales, CMs, & RMs to provide assistance to facilitate the closure of large or complex deals.

  • For the trade products assigned, improve processes for better customer experience resulting in growth in trade revenue in line with the CAs and PPG.

  • Ensure all assigned product initiatives are closed within the agreed timeline.


Leadership

  • Be a lead market advocate for SCB Trade & Working Capital solutions

  • Build strong relationship with internal and external stakeholders including regulators.


Risk & Governance

  • Identify and mitigate the Operational, Credit, Regulatory and Business conduct risks relating to Trade.

  • Work with operations to improve overall service standards and to ensure that quality of service to customers remains superior to competition

  • Ensure timely renewal of country addendums (CAs) and proactively work with stakeholders to identify and quantify new and existing risks.


  1. Monitor and manage financial risks arising from Trade product within China Trade & Working Capital Loan


  1. Ensure Trade product structures are appropriate to the level of client risk

  2. Supervise material principal risks red flags that arise in the transaction flow and engage on any material issues arising to support timely / robust risk management.

  3. Drive to optimise risk and returns

  4. Support portfolio exercises (e.g. portfolio reviews) as required, keep a view over and help manage large concentrations of risk in your Trade portfolio (e.g. large facilities / weaker clients)


  • Monitor and manage the non-financial risks arising from the delivery and operationalisation of the Trade & Working Capital Solutions in China GBA


    1. Support identification and closure of Material Risk Events, Elevated Residual Risks, audit issues and their action plans within the end to end Trade Process Universe

    2. Identify and mitigate the Operational, Credit, Regulatory and Business conduct risks relating to Trade.

    3. Keep oversight of the operational activities underpinning the product, and intervene/escalate to ensure continued effectiveness of controls environment if needed

    4. Work with operations to improve overall service standards and to ensure that quality of service to customers remains superior to competition

    5. Ensure timely renewal of country addendums (CAs) and proactively work with stakeholders to identify and quantify new and existing risks.


    Regulatory & Business Conduct

    • Display exemplary conduct and live by the Group&rsquos 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.

    • Work with the China Trade & Working Capital Product team to achieve the outcomes set out in the Bank&rsquos Conduct Principles: [Fair Outcomes for Clients Effective Financial Markets Financial Crime Compliance the Right Environment]

    • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.


    Key Stakeholders
    Internal

    • Central Product Manager, Trade

    • Country Operational Risk, Credit Risk, Finance, CFCC, HR, Legal, TM, IMO, Trade Ops

    • Business Managers including but not limited to RM and Sales in other parts of SCB China


    External

    • Major Clients, particularly those where playing strategic sponsor role

    • Key regulators (in-country)

    • Competitors

    • Media

    • All stakeholders including Clients, Auditors and Regulators


    Other Responsibilities

    .Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies
    ;
    .Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities
    ,;
    .Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the Bank
    ,,;
    .Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections
    ;
    .Cooperate with any investigations or reviews on regulatory failure such as accountability review
    ,,
    Role Specific Techincal Competenices

    • Risk Management and Internal Controls

    • Manage People

    • Compliance Governance, Oversight and Control

    • Compliance Regulatory Reporting and Filing

    • Business Strategy and Model

    • Business Market Knowledge

    • Business Products and Processes

    • Business Financial Analysis and Control

    • TB Channels

    • TB Product Knowledge Trade Service and Finance



    Apply now to join the Bank for those with big career ambitions.
    To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

    Job Details

    We are a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.
    Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

    Job Source : scb.taleo.net

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