Company Info
Large organization
200 + Employees
Standard Chartered Bank - We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other.
Standard Chartered Bank – We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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. As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East.
1). Principal, FX Trader
Job ID: 32090
Location: Lagos, NG
Job type: Regular Employee
Work style: Office Working
Area of interest: Corporate & Commercial Banking
Job Summary
- Our Markets Traders identify, analyse and execute opportunities in the market, supporting the needs of our clients in a professional and fully compliant way.
- Our Markets business aims to become the leading emerging markets fixed income, financing, and securities service franchise, and a leader in sustainable finance, advisory, trading and asset servicing.
- The business will achieve this by expanding product capabilities, building on footprint market strength, developing our talent and using technology to transform our ways of working.
- We’re looking for highly capable individuals to join us and maintain the highest levels of integrity and professionalism, in line with our valued behaviours.
Job Description
- We are seeking a highly logical and commercially astute Foreign Exchange (FX) Trader to manage and execute the West Africa Foreign Exchange (FX) trading strategy.
- This role is pivotal in enhancing profitability, supporting client pricing needs, and capturing market opportunities through both intra-day and overnight volatility trading.
- The successful candidate will actively collaborate across internal and external networks to drive market engagement, deliver strategic growth, and ensure strict adherence to risk and compliance frameworks.
Key Responsibilities
Strategic Trading & Revenue Growth:
- Execute trades on the Bank’s proprietary account, informed by robust market, economic, and technical analysis.
Drive Foreign Exchange (FX) revenue growth by identifying and executing profitable trading strategies. - Ensure competitive and timely client pricing in collaboration with the Corporate and Retail Desks
Market Engagement & Client Support:
- Act as a key support to Corporate Treasury by enhancing client turnover through insightful pricing, feedback, and market positioning.
- Maintain strong relationships with internal stakeholders, regional sales teams, and global dealing centres to leverage market intelligence
Risk, Governance & Compliance:
- Monitor market risk, counterparty limits, and regulatory changes, ensuring alignment with internal controls and external expectations.
- Oversee Foreign Exchange (FX) position monitoring and reconciliation throughout the trading day and at close of business.
- Promote a strong risk culture by embedding the Group’s values and Code of Conduct in daily activities
Operational Excellence:
- Utilize advanced trading platforms and Information Technology (IT) systems for optimal execution and reporting of trades.
- Ensure trade profitability and performance metrics are consistently tracked and reported.
- Contribute to team knowledge sharing and process improvements
Leadership & Conduct:
- Uphold a culture of integrity, ethics, and high professional standards in the Financial Markets team.
- Support colleagues and emerging traders by sharing best practices and market insights.
Requirements
Must-Have Qualifications*
- Candidates should possess a Bachelor’s Degree in a relevant discipline.
- Association of Corporate and Financial Professionals Dealing Certification (ACI certification) (mandatory).
- Minimum of 5 years’ experience in Treasury or Foreign Exchange (FX) trading within a reputable financial institution.
Technical Competencie:
- In-depth knowledge of Foreign Exchange (FX) markets and financial instruments.
- Proficiency in interpreting economic trends and applying technical trading strategies.
- Strong understanding of regulatory frameworks governing financial markets.
Interpersonal & Business Skills:
- Excellent communication, negotiation, and client relationship management skills.
- Strong decision-making capabilities with high attention to detail and risk awareness.
- Demonstrated ability to work across multicultural and cross-functional teams
Additional Skills:
- Problem-solving mindset with a drive for innovation.
- High proficiency in trade systems and reporting tools.
- Comfortable working in fast-paced, high-pressure environments.
Competencies:
- Action Oriented
- Collaborates
- Customer Focus
- Gives Clarity & Guidance
- Manages Ambiguity
- Develops Talent
- Drives Vision & Purpose
- Nimble Learning
- Decision Quality
- Courage
- Instills Trust
- Strategic Mindset
Application Closing Date
Not Specified.
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2). Officer, Domestic Payments
Job ID: 30577
Location: Lagos
Area of interest: Operations
Work style: Office Working
Job Summary
- To assist Domestic Payments with salary and other Payment activities.
- Conduct pre-processing checks on transactions and post transactions entries in line with agreed operational and service standards.
- Ensure “end to end” processing of Book Transfer, NEFT Inflows and other domestic transactions on the various platforms. Investigation of entries relating to domestic payments. Ensure delivery of quality service.
- Support processing and handling of government collection transactions.
Key Responsibilities
NGN Transfers Inward and Outward:
- Raise and post all entries relating to Domestic Payment transactions and ensure appropriate approvals and authorisation for all posted entries.
- Received and record manual instruction.
- Conduct pre-processing checks ensuring compliance with operational procedures and regulatory controls.
- Ensure all transactions are processed in a manner which meets agreed Service Level Agreement (SLA) with the Business.
- Process outward NEFT transaction as per approved DOI.
- Process returned NEFT transaction from clearing as per approved DOI.
- Process inward NEFT transaction as per approved DOI.
- Process unapplied NEFT transaction from clearing as per approved DOI.
- Ensure statistics of all Outward and Inward NEFT is maintained.
- Collate all outward NEFT transfers for timely advise to Global Market (GM) and clearing for transmission.
- Process all Remita inflow received as per DOI.
- Process Remote cheques received from client via H2H.
- Investigate payment entries and close open items.
Others:
- Identify and advise Domestic Payments Manager of any risk issue.
- Respond promptly to all Domestic Payments inquiries and ensure log of customer complaints and errors are maintained.
- Provide input/ideas/feedback to make improvements to processes and procedures within the unit.
- Act as back up for Collections Officer.
- Performing other duties as may be assigned by Domestic Payments Manager
- Produce timely and accurate MIS for reporting purposes with respect to inward and outward NEFT, CBN inflows, book transfers and posted entries.
- Ensure register for incoming customer instruction and held over are maintained.
- Track and record customers complaints and errors for monthly KPI and risk management purposes.
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.
- Lead 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.] *
- Serve as a Director of the Board
- Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Qualifications
- Candidates should possess a Degree plus 3 years experience in Banking Operations.
Competencies:
- Action Oriented
- Collaborates
- Customer Focus
- Gives Clarity & Guidance
- Manages Ambiguity
- Develops Talent
- Drives Vision & Purpose
- Nimble Learning
- Decision Quality
- Courage
- Instills Trust
- Strategic Mindset
Skills and Experience:
- Customer Service
- Communication
- Excel
- Risk
- Reconciliation
Application Closing Date
Not Specified.
How to Apply: Interested and qualified candidates should use the links below to apply:
