Executive Director, Head of Hedge Strategy and Optimisation

2 weeks ago

London, United Kingdom Standard Chartered Full time

Job Summary

Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the supply and demand of liquidity and capital.

Within Treasury (which comprises Capital, Liquidity & Markets), the Treasury Liquidity function is responsible to driving the strategic liquidity agenda, including Funds Transfer Pricing (‘FTP’) and Interest Rate Risk in the Banking Booking (‘IRRBB’). Within this context, the IRRBB team works with key stakeholders at global, regional and country level to manage the Group’s exposure to interest rate risk in the banking book.

This requires designing and implementing frameworks and models to identify and measure risk exposures and advising and partnering with stakeholders to manage risk within strategic objectives and prudential requirements.

Responsibilities

  • In partnership with Treasury Markets and Regional Treasury teams, manage the Group’s structural hedging process including ongoing identification of structural balances, available hedge capacity, and determination of hedge requirements.
  • Align and integrate FTP and IRRBB to ensure economic impact of hedges is correctly reflected in the business.
  • Partner with business stakeholders to determine product and segment level exposure to interest rates, and hedging strategies to manage this within appetite.
  • Provide input in strategic planning process for businesses and translate into executable commercial actions (jointly with businesses) to support businesses achieving their strategic targets.
  • Partner with colleagues in FTP and Finance to drive IRRBB / internal risk transfer initiatives.
  • Given the diverse regional footprint, the establishment and maintenance of robust stakeholder relationships with colleagues in Treasury country teams and Finance are mission-critical to develop and execute Bank-wide approach to IRRBB management, including sharing best practice, hedging strategies, creation of hedge capacity, modelling assumptions and management actions.
  • Develop and enhance hedge execution capacity and capabilities.
  • Develop IRRBB strategic options for senior management and enable decision making with focus on commercial consequences and RoTE optimisation.
  • Drive delivery and execution of GALCO strategic initiatives to manage the Bank’s IRRBB.
  • Align IRRBB and FTP to ensure economics are passed to the business align with the IRRBB Risk framework and the Bank’s strategy.
  • Champion a collaborative working culture across both Treasury and Treasury Markets as well as Finance and the Businesses, bringing together individuals from all related areas in order to deliver the IRRBB strategy effectively.
  • Optimize team collaboration across the regions to maximise the depth of IRRBB knowledge and expertise across the Treasury function.
  • Execute IRRBB Strategy across the organisation within Risk Appetite and aligned with IRRBB Risk Management Framework.
  • In partnership with Treasury Markets and other stakeholders, provide first line risk management of interest rate risks in the banking book.
  • Enhance control environment around hedge execution and hedge effectiveness.

Qualifications

  • Practical understanding of the Company’s balance sheet and knowledge of Treasury concepts covering IRRBB, FTP, Liquidity and Capital and how the interaction between these influences the Company’s interest rate risk profile and strategies to manage this.
  • Deep understanding of UK, Basel, and international regulatory rules for IRRBB and associated regulatory/reporting frameworks.
  • Deep understanding of banking book financial products, and financial markets products used to manage interest rate risk.
  • Formal financial qualifications such as a chartered accountant, CFA holder or other Treasury related qualifications would be advantageous.

Role Specific Technical Competencies

  • Treasury: Influencing Through Expertise
  • Treasury: Effective Communication
  • Treasury: Finance and Accounting
  • Treasury: Governance, Regulation and Risk Management - Regulatory Compliance
  • Treasury: Financial Products and Markets

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.
#J-18808-Ljbffr

  • Executive Director, Head of Hedge Strategy and Optimisation

    7 days ago

    London, United Kingdom Standard Chartered Full time

    Job Summary Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the...

  • Executive Director, Head of Hedge Strategy and Optimisation

    1 week ago

    London, United Kingdom Standard Chartered Full time

    Job SummaryTreasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the...

  • Hedge Strategy and Optimisation Expert

    4 weeks ago

    London, Greater London, United Kingdom Standard Chartered Full time

    Estimated salary range: $140,000 - $200,000 per annum.About the RoleWe're seeking an experienced Executive Director of Treasury to join our team. As a leader in the Treasury Liquidity function, you'll be responsible for driving the strategic liquidity agenda, including Funds Transfer Pricing ('FTP') and Interest Rate Risk in the Banking Booking...

  • Director of Revenue Optimisation

    3 weeks ago

    London, Greater London, United Kingdom Consumer Additions and Consumer Exec Full time

    About the Role: Director of Revenue OptimisationWe are seeking an experienced Director of Revenue Optimisation to join our client's group commercial team. As a key member of the team, you will be responsible for driving revenue growth through the development and implementation of effective pricing strategies. This will involve working closely with the...

  • Executive Director of Strategy

    2 weeks ago

    London, United Kingdom Standard Chartered Full time

    Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the supply and...

  • Brand Strategy Director

    3 weeks ago

    London, Greater London, United Kingdom Eventogy Full time

    **Job Title:** Brand Strategy Director**Company Overview:** Eventogy is a leading provider of cloud-based event management software designed for large corporate enterprises. We partner with top-tier clients to deliver innovative solutions that simplify and elevate event experiences.**About the Role:** As the Brand Strategy Director, you will play a pivotal...

  • Customer Acquisition Director

    3 weeks ago

    London, Greater London, United Kingdom Head Office Full time

    The Head Office invites applications for the position of Customer Acquisition Director, responsible for driving business growth and customer outcomes through the development and execution of a comprehensive customer acquisition strategy. The estimated annual salary range for this role is $120,000 - $150,000.This role involves:Developing and implementing a...

  • Head of Regional Hedging

    6 months ago

    London, United Kingdom BRUIN Financial Full time

    Permanent - London, **Ref**: 35560 We are currently seeking an accomplished professional to join this team in the position of Head of Regional Hedging Unit (RHU) - Americas at a leading bank. In this capacity, you will: - Oversee all aspects of Hedge Accounting activities, controls, and methodologies within the Americas region. Act as a central point of...

  • Director of People Strategy

    2 weeks ago

    London, United Kingdom Director File Full time

    We are seeking a highly skilled and experienced Director of People and Culture to join our leadership team at Director File. Key Responsibilities: • Develop and implement strategies to drive business growth and improve employee engagement. • Lead and manage a team of HR professionals to deliver HR services. • Collaborate with senior leaders to...

  • Director of People Strategy

    1 week ago

    London, United Kingdom Director File Full time

    We are seeking a highly skilled and experienced Director of People and Culture to join our leadership team at Director File. Key Responsibilities: • Develop and implement strategies to drive business growth and improve employee engagement. • Lead and manage a team of HR professionals to deliver HR services. • Collaborate with senior leaders to develop...

  • Executive Director of Strategy and Operations

    2 days ago

    London, Greater London, United Kingdom Page Executive Full time

    **About the Role:**We are looking for an Executive Director of Strategy and Operations to join our team at Page Executive. In this role, you will be responsible for developing and implementing strategies that drive business growth and improvement.The ideal candidate will have a strong background in strategy development, public policy, or management...

  • Managing Director, Head of Strategy Execution

    19 hours ago

    London, United Kingdom CPP Investment Board Full time

    Managing Director, Head of Strategy ExecutionFull-timeFunction: Information TechnologyMake an impact at a global and dynamic investment organizationWhen you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional...

  • Head of Paid Social Strategy and Execution

    4 weeks ago

    London, Greater London, United Kingdom WeDiscover | Performance Marketing & Technology Agency Full time

    The role of Head of Paid Social at WeDiscover | Performance Marketing & Technology Agency is to develop and execute strategies across core social platforms. This includes setting the direction for the paid social team, ensuring high standards of execution, and evolving best practices for campaign management and optimisation.

  • Head of Estates Director

    4 weeks ago

    London, Greater London, United Kingdom Insight Executive Group Full time

    Job Title: Head of Estates DirectorThe Insight Executive Group is seeking an experienced Facilities Management Executive to lead the delivery of hard services on a Healthcare account in Buckinghamshire. This is a challenging and rewarding opportunity for a motivated individual with a strong background in FM Contract management.About the Role:In this role,...

  • Hedge Fund Operations Director

    2 days ago

    London, Greater London, United Kingdom Mondrian Alpha Full time

    Job OverviewMondrian Alpha is a leading hedge fund seeking an experienced Operations Director to join their team in London.The successful candidate will be responsible for supporting senior executives, managing various tasks and projects, and working closely with the Head of HR on key initiatives. Key responsibilities include:Managing internal and external...

  • Senior Director/Executive Director

    2 weeks ago

    London, United Kingdom ADLIB Full time

    Reporting directly to the Chief Evolution Officer (CEO), you will spearhead the commercialisation function, which includes the Impact Solutions Director, Head of Partnerships, Head of IP, Head of Process Innovation, and Commercial Lead. Strategic Commercial Leadership: Develop and implement comprehensive commercial strategies that align with Biohm’s...

  • Director of Finance and Strategy

    2 days ago

    London, Greater London, United Kingdom Page Executive Full time

    Job Summary:We are looking for a Director of Finance and Strategy to join our team at Page Executive. As a key member of the executive team, you will be responsible for developing and implementing financial strategies to ensure the organisation's financial sustainability.Key Responsibilities:Develop and implement financial strategies to ensure the...

  • SEO Strategy Executive

    2 days ago

    London, Greater London, United Kingdom Hookflash Full time

    About HookflashWe are a dedicated website optimisation agency based in Shoreditch, London. Our team has over 35 years of combined experience in the field and is passionate about helping businesses succeed with data-driven strategies.Job DescriptionWe are seeking an experienced Senior SEO Executive to join our team as a key member responsible for developing...

  • Client Strategy Director

    5 days ago

    London, Greater London, United Kingdom WPI Strategy Full time

    Job DescriptionWe are seeking a highly skilled Client Strategy Director to join our team at WPI Strategy.As a senior member of the team, you will work closely with directors and associate directors to lead and drive the delivery of client work. Your primary responsibility will be shaping the development of innovative and insightful client work and leading on...

  • Senior Marketing Director

    2 days ago

    London, Greater London, United Kingdom Page Executive Full time

    About Our ClientPage Executive is proud to partner with a renowned global lifestyle apparel company, specialising in sporting pursuits. This premium brand has established itself as a leader in quality and functional design, thanks to its innovative products.Job DescriptionThis role will drive the company's brand across EMEA, aligning with long-term brand...