Associate Director, Treasury Services

Standard Chartered • New York, NY

70d • $79,200 - $118,800 • Hybrid

About The Position

The position involves real-time nostro management processes, including intraday liquidity monitoring and management of the firm's central bank accounts at the Fed and CHIPS clearing systems. Responsibilities include calculating and providing funding forecasts to Treasury Markets, managing payment scheduling systems, reconciling forecasted versus actual nostro settlements, and investigating reconciliation exceptions. The role requires proactive management of cash to ensure effective funding and liquidity management decision-making, as well as providing necessary reports.

Requirements

• Excellent analytical capabilities (including data analytics skills).
• Proficient in PC skills, particularly MS Office.
• Good people management skills.
• Strong leadership qualities and interpersonal skills.
• Prioritization and delegation of activities.
• Problem solving / troubleshooting skills.
• Expert knowledge of nostro / liquidity / cash management functions and processes.
• Ability to identify, mitigate and eliminate process related risk.
• 5-7 years relevant experience in any Banking operations.
• Minimum 2 years experience of funding and liquidity management.
• Prior people manager experience is a plus.

Responsibilities

• Be responsible and accountable for real time nostro management processes.
• Intraday liquidity monitoring and management of the firm's central bank accounts at the Fed and CHIPS clearing systems.
• Calculation and provision of funding forecasts to Treasury Markets in line with agreed cutoffs on an intraday basis.
• Provision of root cause analysis on key funding drivers and forecast swings.
• Proactive management of payment scheduling systems to ensure the firm's overall clearing requirements and all time critical payments are met.
• Reconciliation of forecasted vs actual nostro settlements in near real time.
• Immediate investigation of reconciliation exceptions and alerts.
• Being a key business partner and support mechanism to Treasury Markets for effective real time funding and liquidity management decision-making.
• Support intraday cash management to inject liquidity on an intraday basis.
• Provision of Nostro MIS and control reports.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 1,001-5,000 employees