Director, Algorithmic Trading Quants - Singapore - Standard Chartered

Standard Chartered

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Job:
Financial Markets

Primary Location:
Asia-Singapore-Singapore

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 22/Jan/2024, 12:20:29 AM

Unposting Date:
Ongoing

The Role 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 spreadcapture/ 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 / Vsales 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