Product Delivery Officer Needed At Standard Chartered Bank Nigeria
We’re a leading international bank, with more than a 150-year history in some of the world’s most dynamic markets.
We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East.
With 1,600 branches and offices in 70 countries, we offer exciting and challenging international career opportunities.
Product Delivery Officer
This role will be responsible for the end to deal processing, settlements, confirmation, and record keeping of all Derivative, commodity and Interbank Money Market transactions
Key Roles & Responsibilities
1.Ensure prompt and accurate settlement of all Derivatives and Commodity trades
2.Track all outstanding confirmation letters and provide adequate MIS in line with approved procedure
3.Matching incoming confirmation letters for derivatives and commodity trades.
4.Follow up with counterparties for all outstanding confirmation letters related to derivatives and commodity transactions.
5.Ensure compliance with all relevant laws & regulations, and that documented procedures are up-to-date at all times.
6.Ensure that all required analysis, statistics and returns are completed accurately and on a timely basis as it relates to Money Market and Derivative transactions
7.Manage relationships between the FMO and GSSC Chennai FX/MM Settlement team and internal customers to ensure excellent interfaces between sales, trading and operations.
8.Ensure timely settlement of all Interbank Money Market deals.
9.Ensure prompt confirmation and settlement of all Corporate term deposit transactions
10.Render timely all regulatory returns required on ALM and derivative business to relevant stakeholders.
11.Assist the ALM desk by monitoring and reporting timely, all late and failed payments from counter parties.
12.Prompt settlement of all secured interbank placements/takings via the Central Bank of Nigeria Depo/x (S4) system.
13.Ensure prompt review and investigation of derivative, commodity and Money Market related transactions and items cleared from internal suspense and nostro accounts within the stipulated timeframe.
14.Maintain required standards of customer service quality, efficiency and productivity; and where necessary, analyze, review and develop methods of working to improve efficiency and reduce TAT.
Qualifications & Skills
1.University degree with a minimum of a second class qualification
2.Good knowledge of Treasury products and local money market practices.
3.Sound analytical and business process knowledge
4.Good communication and interpersonal skills
5.High degree of responsibility and integrity
6.Good knowledge of Opics and eBBS system and related reports
7.Sound knowledge of Risk control and reporting.
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required
Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.