Credit Trader

Job ID: 24590

Location: Sydney, AU

Area of interest: Corporate & Commercial Banking

Job type: Regular Employee

Work style: Office Working

Opening date: 10 Apr 2025

**RESPONSIBILITIES**

**Strategy**
- Work constructively with the Head of Credit Flow Trading, Asia to further the Credit Trading agenda
- Work with FM Sales, Research, Capital markets, technology and syndications to identify the initiatives to grow Australia Credit Flow as well as broader Credit Flow, Credit Trading and Credit Markets franchise
- Awareness and understanding of the business strategy of the Group and Global Credit and business model appropriate to the role.
- Maximise total product income by ensuring effective end to end client risk management/service
- Be responsible for p/l and risk of Australia Credit Flow portfolios.
- Be responsible for engagement with Sales and Syndicate to ensure our DCM offering is covered, in a compliant manner, to the extent possible while noting risk reward considerations
- Work in conjunction with other partners to ensure SCB has a best-in-class offering for the broader EM credit asset class

**Business**
- Achieving assigned full year objectives as per annual P3 document
- To increase SCB's visibility through commercial, competitive pricing of traded markets for our clients
- Help manage the implementation of flow credit trading specific strategies and ensure that performance objectives and revenue goals are met and RWA targets managed
- Help develop global relationships and use them to actively promote relative value trades in EM credit thus utilizing our strengths in different regions

**Processes**
- Ensure adherence to all internal and external regulations.
- To embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance.
- Ensure that the business meets its obligations in the prevention of money laundering under the Group Policy and Standards and under local laws and regulations.
- Ensure all appropriate and documented internal controls and procedures are followed.
- Raise any issues of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policies, and regulations relative to responsibilities.
- Accountable for establishing and maintaining frameworks to ensure Credit Flow Trading processes for East and globally are efficient, appropriate, and compliant with all internal and external regulations

**People & Talent**
- Build a transparent and collaborative culture in which incentives are based on support of Client Income with specific performance metrics on the Bank's values.
- To work in partnership with Credit Flow desks to ensure that the flow trading product is value additive for clients and the bank
- Ensure active communication of vision, priorities, and progress to the business to foster engagement, awareness, and motivation
- Contribute to continuous process improvement and sharing best practice.

**Risk Management**
- Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
- The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures
- Comply with guidelines as outlined in the annual dealer mandate
- Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance
- Monitor all major risk issues and concentrations and ensure that trading limits are adhered to by traders
- Ensure that developments in the Credit Markets are communicated effectively and in a timely, compliant manner to internal and external stakeholders

**Governance**
- Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
- Willingness to 'speak up' in the event of any realised or perceived breach of group conduct rules or laws by colleagues
- Willingness to work with any local regulators in an open and cooperative manner.
- Establish, maintain, and supervise the framework to ensure business functions under area of responsibility comply with internal & external policies, procedures, and codes as applicable

**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, guideli