Analyst, Instrument and Counterparty Data Control

Standard Bank Plc (ICBCS) is 60% owned by Industrial and Commercial Bank of China and 40% by Standard Bank. ICBCS benefits from a unique Chinese and African parentage and an unrivalled global network and level of expertise.

ICBCS is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and the markets in which we operate. We deliver products in an environment which considers the appropriate needs of our clients, whilst providing guidance and expertise to ensure our employees understand our business and uphold the highest levels of conduct.

Headquartered in London, ICBCS also has operations in Shanghai, Singapore and New York.

At ICBC Standard Bank, we share the same values, challenges and opportunities. We are a diverse, close-knit, global team with a unique heritage and purpose. We put people first, and give talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise, seek new opportunities and realise their potential.

Division Summary:

The CMU function plays an integral part in the governance of counterparty and instrument data management to support the various front-to-back processes of the Bank. CMU consists of Client Lifecycle Management (CLM), Referential Data (CRD and ISD), and Third Party Risk Management (TPRM). The Referential Data function manages all aspects of legal entity and instrument data across its lifecycle and is responsible for the Bank's data quality. The unit has a mandate for ensuring that all reference and operational data is made available to support business needs in the fastest and most efficient way possible, whilst applying best in class control mechanisms.

Job Purpose:

This role is locally based within the Asia CMU team based in Singapore, but as part of the global team (follow-the-sun model), the role involves ensuring the accurate and timely set up of legal entity and/or instrument/product static reference data. The function spans across all lines of business, supporting the referential data requirements of Global Markets and Commodities for all cash and derivatives products marketed by ICBCS.

The candidate must have high levels of attention to detail, be results-focused and be capable of delivering in a fast paced and high-pressured environment.

The role will require a self-motivated individual who will bring energy and enthusiasm to the function and be capable of quickly developing a strong partnership with front office and the other operations and IT functions.

Key Responsibilities:

• Timely and accurate set up of securities reference data across all classes and ICBCS systems for the Asia timezone.
• Timely and accurate set up of other instrument data (indexes and curves) for the Asia timezone
• Timely and accurate set up of settlement instructions/post trade contacts and ledger counterparty data when tickets have been transferred to the Asia team
• Ensure that all reference data (and supported market data) is accurately maintained on the central instrument management platform FMDM to ensure accuracy and uniformity of published data across separate and distinct systems
• Ensure required daily/weekly/monthly fixings are updated in a timely manner
• Ensure that the FMDM audit reports and checks are completed on a daily basis, and that a full audit trail of reference data additions, deletions and amendments is in place for each system
• Ensure that the ISD and CRD ticketing inbox is managed daily to ensure that all stakeholder requests are responded to and processed in a timely manner

Required Skills, Knowledge, Experience and Values:

Skills and experience

• Strong attention to detail with an ability to analyse data accurately
• Able to deliver a higher level of service to internal stakeholders
• Some experience of securities or counterparty party data maintenance
• Experience with working with strict procedures and defined processes
• Understanding of risks and control processes
• IT literate, with proficiency in Microsoft Word and Excel and ability to adapt quickly to new systems

Competencies

• Strong interpersonal skills and a collaborative team player
• Self-motivated, proactive and able to work independently
• High level of personal integrity and respect for our regulatory requirements
• Strong organizational skills, with the ability to plan and prioritise work effectively
• Consistently meets deadlines and manages time efficiently