Macro Trading, Egypt
- Standard Chartered
- Street 1, New Cairo 1, Cairo Governorate, Egypt
وصف الوظيفة
Responsibilities
Strategy
- Set the strategic direction of and oversee management of performance Macro Trading Egypt
- Develop Macro Trading Egypt specific strategies which maximize shareholder value and are aligned to and in furtherance of the overall strategic direction of Financial Markets
- Work with Product Heads to identify the initiatives to grow the Macro Trading business
- Drive the TPI of the Macro Trading team via a strategic portfolio mix.
- Support the development of Egypt bond trading desks and promote the product across the client base covering their needs. Support the DCM efforts around supras/sovereigns/ agencies from the trading perspective when needed.
- Awareness and understanding of Group’s business strategy and model appropriate to the role.
- Active performance monitoring – spot areas of underperformance and take corrective actions.
- Work with Product Heads to identify the initiatives to grow the Macro Trading franchise in Egypt
- Strengthen the firm’s name in the market, both in front of clients and other dealers, as an active market participant and liquidity provider throughout the year, therefore resulting in an improvement in the Bank’s position in the end user surveys
- Organize meetings with Sales & Structurers to strengthen partnership and better understand their needs, preparation of marketing emails and educational presentations that allow the sales force to sell the product in a more professional manner
- Awareness and understanding of the wider business, economic and market environment in which the Group operates
- Aim for all processes to be adhered to the across Egypt, in the line with approved policies and procedures with remediation pursued when relevant.
- Continuously improve the operational efficiency and effectiveness of processes to increase productivity and reduce operational risk.
- Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
- Ensure the provision of ongoing training and development of people
- Responsibility to review team structure / capacity plans and succession planning for critical roles
- Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards
- Inspire people through leading by example and living the values
- Embed operational risk management and reporting as an integral part of the business process
- Ensure that adequate and appropriate systems and controls are in place to comply with Group and Business policies, procedures, standards and codes
- Monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk Committees
- Promote an environment where compliance with internal control functions and the external regulatory framework is a central priority of the business
- Establish, maintain and supervise the framework to ensure business functions under area of responsibility comply with internal policies, procedures, codes and applicable external laws and regulations and adhere to the expected high standards set out in the FM Code of 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.
- Central Bank of Egypt and PRA/FCA prescribed responsibilities and Rationale for allocation.
- Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
Internal
- Regional FM Head
- Head of Sales, Trading, TRM, Legal and Compliance, CCIB, Capital Markets, Treasury Markets, Research, Structuring and Support
- Country CEO
- Key and potential clients
- Local and regional regulators
- Other Financial Services organizations and relevant trade bodies and associations in MENA and Egypt
- Media
- Relevant trade bodies and associations
- Embed Here for good and Group’s brand and values in Egypt Financial Markets team;
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
- Follow FM Code of Conduct, Compliance manual and Supervision Principles
- EDUCATION Academic or Professional Education/Qualifications; Masters or Higher
- LANGUAGES English and Arabic
- Customer Behaviour and Preferences
- Financial Mathematics
- Investment Performance Measurement
- Investment Risk Economics and Finance
- Investments
- Market Risk
- Securities Laws and Regulations (SLR) Compliance
- Service Excellence
- Trading
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, 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
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
- Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks 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.
Job: Financial Markets
Primary Location: Africa & Middle East-Egypt-New Cairo
Schedule: Full-time
Employee Status: Permanent
Posting Date: 25/Apr/2024, 8:36:16 AM
Unposting Date: Ongoing