Job Opportunity at Standard Chartered Bank

POSITION: Associate Director, Cash Products

The Role Responsibilities:

Strategy

Create and implement a three-year strategic plan that incorporates revenue streams, linked economic revenue, competitor analysis, customer segments, and product development.
Developing and implementing CIB and CB-specific pricing strategies

Business

Responsibility for increasing product revenue pools for cash via positioning, price, campaigns, collateral, training, and oversight.
Achieve weekly and annual financial performance in Cash
Develop and implement TB Product operational plan that achieves the business and country’s financial goals and takes into account the end-to-end impacts of business actions such as sales, operations, risk, and people.

People & Talent

This position encompasses the intricacies of a multi-product, multi-segment, and multi-industry business model. Success is dependent on effectively managing several major stakeholders across business lines, geographies, and the support system.
The individual must comprehend the dynamics of bank and product profitability.

Accountability

Capability to operate in global and multicultural teams.
Ability to tackle issues and opportunities strategically and grasp the bank-wide ramifications of actions.
Ensure that team members and clients receive ongoing training and development on TB goods.

Risk Management

Help to coordinate, drive, and direct effective compliance and operational risk management at the business level.
Comply with all client due diligence (CDD), anti-money laundering (AML), and sanctions rules and procedures.
Ensure staff understands Cash’s risk and control environment. Regularly monitor areas of responsibility to ensure they meet acceptable standards.
When a risk or control weakness is identified, act swiftly and decisively to remedy it within a reasonable timeframe and escalate it through the applicable chains/channels.
Collaborate with relevant risk and control partners.
Balance business performance delivery and cost management with risk and control considerations to guarantee that the firm does not face a material danger while maintaining within its risk appetite.
Be aware of and completely comply with the TB operational risk and governance framework.
Facilitate regular talks on risk awareness, operation and risk control improvements, lessons learned from accidents, and identifying best practices to boost teams’ operational risk awareness and expertise.
Maintain excellent conduct by fully complying with all regulations, policies, and procedures. Prevent data leaks and regulatory breaches caused by a lack of expertise.

READ ON: Vacancy Announcement || Benos Resources Group Invites Job Applications

Governance

Oversee Cash in the CIB and CB teams, ensuring that the highest levels of regulatory and business behavior are met, as well as compliance methods specified by internal and external regulations. This involves compliance with local banking laws, other relevant laws (e.g., laws governing securities activities, business law), and anti-money laundering legislation and recommendations.
Integrate the Group’s values and code of conduct into Cash and Trade procedures to guarantee that staff adhere to the highest ethical standards and comply with appropriate policies, processes, and legislation.
Identify and reduce the operational, credit, regulatory, and business conduct risks associated with TB products in the country.
Ensure country compliance with the Group standard for audit, control, and financial reporting, including reporting risks to BORF/CORGs.
Work with operations to improve overall service standards and guarantee that customer service quality remains superior to the competition.
Ensure timely renewal of country addendums (CAs) to PPGs and proactive collaboration with stakeholders to identify and quantify new and existing risks. Actively participate in NPC rollout and execution in the region.

READ ON: Top 5 Highest Paying Banks in Ghana

Key stakeholders:

Internal stakeholders.

Head of Transaction Banking, Ghana
Head of Global Banking Clients
Head of Commercial Banking Clients.
Cash Management Operations
Credit Legal and Compliance
Operational Risk and Finance

External stakeholders.

CIB & CB Customers

Regulatory, competitive, and other responsibilities.

Embed the good and group’s brand and values in transaction banking; perform additional obligations allocated under group, country, business, or functional policies and procedures; Multiple functions (double-hats)

Promote thought leadership through training and client event presentations.
Other tasks are delegated in accordance with Group, Country, Business, or Functional policies and procedures.

Our Ideal Candidate

Qualifications: Bachelor’s degree, English language, and role-specific technical competencies.
Market Knowledge and Business Strategy
Risk Management and Control
Governance, Oversight, and Control

About Standard Chartered Bank

Standard Chartered provides financial analysis and control, as well as regulatory frameworks and requirements.

We are an international bank, small enough to act but large enough to make an impact. For more than 160 years, we’ve strived to improve the lives of our clients, communities, and colleagues. We question the status quo, appreciate a good challenge, and are always looking for new ways to grow and improve. If you’re seeking for a meaningful job and want to work for a bank that makes a difference, we’d like to hear from you. You can count on us to recognize your unique talents. And we can’t wait to see what abilities you’ll bring us.

READ ON: Human Resources Manager -4 Star Hotel

Our purpose, to generate commerce and prosperity via our distinctive diversity, and our brand promise, to be here for good, are realized by how we all practice our valued behaviours. When you work with us, you’ll see how much we embrace diversity and encourage inclusion.

How to Apply for this Job Opportunity at Standard Chartered Bank

Click Here to Apply Online

Closing Date: April 5, 2024

Latest Posts

Job Opportunity at Standard Chartered Bank