JOB SUMMARY

• The FM IMO Specialist will be responsible for managing the end to end on-boarding process for NTB sub-funds of existing Investment manager clients and for FM on-boarding activities associated with NTB.

RESPONSIBILITIES
Key components of the role will include:

• Client outreach, including discussion around data requirements, collation.
• Client Due Diligence (CIP information)
• Working closely with FM Product and Ops units to achieve suitable outcomes for clients.
• Data input, provision of account opening instructions, static data maintenance
• Accountable to ensure that all facilities are set up in accordance with client instructions, this involves working closely with ops functions.
• Ensure trading limits are in place and linked to the required e-platform prior to trading and ensure that the start to end process of onboarding is completed in a timely manner.
• Responsible for all New to Bank onboarding
• Responsible for conducting the weekly FM team meeting.
• Conduct team meetings with internal stakeholders
• Responsible in capturing meeting minutes for internal team meetings.
• Manage client expectations with sub fund onboardings/queries.
• Initiating the closure of existing sub funds
• Internal data Remediation tasks
• Operating and managing internal & external onboarding tools
• Attend meetings with internal teams/stakeholders.

Strategy

• Fostering and maintaining dialogue across the SCB global on-boarding network to develop and enhance global client relationships and responding to client needs.
• Spot opportunity to take on additional responsibilities.
  

Business

• To be responsible for undertaking Due Diligence requirements to ensure adherence to relevant SCB policies on sub funds of Investor clients working with the Risk Control team to ensure all necessary Compliance risks are properly managed and accurate records diligently maintained.
• Client outreach and interaction with CM to gather deal requirements, financial statements and other inputs for performing CIP due diligence. information collection & verification (depending on product usage predominantly derivatives)
• Responsible for supporting CM and CR in all Regulatory related onboarding matters in the Investor sector.
• Ensure efficient and timely opening of Investor client accounts, and managing related FATCA, EMIR, Dodd Frank and other regulatory due diligence requirements as they arise.
• Own set up of trading accounts
• Request in eOps trading accounts to be opened in the systems required to trade the relevant product and follow through any eCommerce mapping request as per client requirement.
• Ensure client trading accounts are set up end-to-end in E-Ops. This will include checking to ensure the final operational flow chain is complete, including items such as signing authorities and SSI’s as required by policy and the trading strategy of the client. This will involve liaising directly with Data Administration Unit, Investor Service Operations, E-Client Services and other internal administrative areas.
• Identify and escalate blockages in the on-boarding / maintenance processes.
• Manage the end-to-end process to orchestrate the relevant account setups and internal approvals.
• Operate and manage the onboarding requests within the internal and external onboarding workflow tools.

Processes

• Working closely with client managers and product partners, including FM management, across the FM suite of products to understand FM’s value proposition in these areas to ensure correct prioritisation in line with client needs and requirements.
• Ensure that accounts and data is set up to achieve full operational readiness.
• Liaise through the value chain to ensure all units engaged in FM account opening readiness successfully complete.
• Working closely with our Investor Service Operations group and other operational and administrative areas to ensure the timely set up of client trading infrastructure.

Risk Management

• Support CA in Client document follow-up and collection for accounts that need some form of Credit line
• Support CA in Upload fund limits in Credit mate
• Due Diligence required to capture all data for a new sub fund opened under an existing IM

Governance

• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Maintain the funds team database.
• Act as Liaison between the CM team, Legal, FMC, Credit, ECN, Sales, Middles office teams, Back office teams, settlement teams and the on-boarding team.
• Assist with queries regarding the Static data and processes for clients.
• Ensure that all systems are updated when a request is submitted to the COM team.
• Own relevant static data updates for investor clients as advised by client managers, product or other triggers. Ensure these updates are cascaded across systems.

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.
• Lead the European Account opening and Orchestration team to achieve the outcomes set out in the Bank’s 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

• Work in partnership all relevant stakeholders effectively within the end-to-end processes, including:
• CIB Client Managers (as delegated authority for GAMs and FAMs)
• CIB Credit Analysts
• IMO Risk and CDD teams
• Operational Risk
• Credit analyst
• FM Product partners
• Audit
• Risk & Controls Governance functions and relevant regulators
• MTCR
• FMOCC
• CLM
• DAU Crops
• Sales
• Middle office teams
• FM Legal

Other Responsibilities

• Perform ad-hoc projects as needed.
• Assist to obtain Nav/AUM data for existing sub funds on ad hoc basis.
• Providing regular updates to business and sales teams
• Training new joiners
• Process/System changes testing
• Assist with updating of RM/GAM tagging in the various systems.

Our Ideal Candidate

• Manage Conduct
• Manage Risk
• Manage People
• Operational
• Process Management
• Onboarding (CDD and Regulatory Onboarding)
• Credit Documentation
• Enablement (Account Opening & Channels Activation)
• Servicing (Static Data Maintenance, Offboarding)
• Data Conversion and Reporting
  

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.