Job Summary

•    Join our dynamic Financial Services Supply Chain Management (SCM) team as we focus on optimizing Brokerage, Clearing, and Exchange (BCE) fees. This exciting opportunity involves leveraging your subject matter expertise to drive thought leadership and identify optimization opportunities, from initial identification through to execution. You will also play a pivotal role in enhancing our business Management Information systems to improve transparency.

•    As part of the Financial Services team, you will collaborate closely with the Global Category Lead to achieve Fit For Growth (FFG) savings targets by the end of 2026. A key aspect of this role will be embedding the Financial Services operating model to ensure sustained operational efficiency and cost discipline of BCE fees beyond the FFG timeframe.

•    If you are passionate about financial services and have a proven track record in BCE fee optimization, we invite you to apply and contribute to our mission of achieving long-term cost efficiency and operational excellence.

Key Responsibilities

Strategy
•    Collaborate with the Financial Services Category lead to develop, implement, and execute the strategy for management of the banks BCE vendors.
•    Building out the new Financial Services capability developing target operating model and the ways of working/governance forums that will be required to effectively manage spend and stakeholders.
•    Execution of the banks FFG expense reduction targets by end of 2026
•    Identifying optimisation opportunities & working with trading, sales & clients to execute.
•    Develop Sales and Trading Management Information to provide trading & sales the analytics to understand the key BC&E drivers, associated costs & potential optimisation opportunities.

Business
•    Develop strong business relationships across all stakeholders to aid the successful implementation. 
•    Work with the Operations and Finance teams to define the strategic states to support best in class processing and Management Information generation.

Processes
•    The day-to-day requires excellent data management skills, the ability to maintain/automate processes.
•    The ability to drill down into detail and prepare clear memos to Senior Stakeholders.
•    Excellent analytical or problem-solving skills.
•    Partner with Outsourced providers to deliver best in class operations.

People & Talent
•    Build relationships across business/functions to deliver the programme outcomes.
•    Role model the Bank’s Valued Behaviours always

Risk Management
•    Proven ability to identify and implement mitigating controls in the BCE.

Governance
•    Engage and build strong relationships with key internal stakeholders, including IT, finance, risk, compliance, and senior management, to ensure alignment of the transformation with the bank’s broader objectives and regulatory frameworks.

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.

Key stakeholders
•    Global Category Lead, SCM
•    Global Sales and Trading
•    Global CIB COO organization
•    CIB Market Infrastructure Function
•    Finance and Operations Divisions
•    External vendors

Skills and Experience

•    Problem Solving
•    Business Analytics
•    Industry Knowledge
•    Cross-Functional Collaboration
•    System & Technology Integration

Qualifications

Education    
•    Bachelor’s or Master’s degree, in Business Administration, Engineering, Finance, or other relevant field.
Experience
•    A minimum of 5 years of experience in Financial Services or procurement related field.
•    Experience of negotiating commercial agreements
•    Understanding of Investment Banking products, market infrastructure, trading environment and trade lifecycle & front-to-back flows.
•    Producing business requirements specifications and performing complex analytics
•    Scripting (SQL/ Python) 
•    Data analytic tools such as Tableau, Power BI etc.
•    Self-motivator with proven track record of demonstrating ownership and ability to prioritise work under pressure

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.