Standard Chartered Bank Nigeria Vacancy for a Product Delivery Officer in Victoria Island, Lagos

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer.
At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

Standard Chartered is recruiting to fill the below position:

Job Title: Product Delivery Officer

Job ID: 456582
Job Function: Technology & Operations
Location: Victoria Island, Lagos State

Job Description

• 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.

• Ensure prompt and accurate settlement of all Derivatives and Commodity trades
• Track all outstanding confirmation letters and provide adequate MIS in line with approved procedure
• Ensure prompt confirmation and settlement of all Corporate term deposit transactions
• Render timely all regulatory returns required on ALM and derivative business to relevant stakeholders.
• Assist the ALM desk by monitoring and reporting timely, all late and failed payments from counter parties.
• Prompt settlement of all secured interbank placements/takings via the Central Bank of Nigeria Depo/x (S4) system.
• 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.
• 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.
• Matching incoming confirmation letters for derivatives and commodity trades.
• Follow up with counterparties for all outstanding confirmation letters related to derivatives and commodity transactions.
• Ensure compliance with all relevant laws & regulations, and that documented procedures are up-to-date at all times.
• 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
• Manage relationships between the FMO and GSSC Chennai FX/MM Settlement team and internal customers to ensure excellent interfaces between sales, trading and operations.
• Ensure timely settlement of all Interbank Money Market deals.

• University degree with a minimum of a second class qualification
• High degree of responsibility and integrity
• Good knowledge of Opics and eBBS system and related reports
• Sound knowledge of Risk control and reporting.
• Good knowledge of Treasury products and local money market practices.
• Sound analytical and business process knowledge
• Good communication and interpersonal skills