ICBC Standard Bank Plc

Skill Band: Front Office Location: London Type: Permanent Date Posted: 6 Feb 2025 Director, FIC Structuring About the Job The Director, FIC Structuring ("the Role") is responsible for all FIC Structuring activities across both FX, Rates and Credit and the FIC Origination, Structured Solutions and DCM businesses. The Role is responsible for coordinating with Origination, Trading and support functions to deliver well structured financing and risk management solutions for our global clients, shareholders and ICBCS. This will include supporting transactions through ICBCS governance including credit committees, NPSTAC etc. This role will be a Certified Person under the Senior Manager and Certified Person regime and will be expected to comply with regulatory conduct rules under the regime. What you'll be doing Structuring: Proactively work with the FIC global origination teams including the Americas and Asia to develop new products & solutions, to lead to executed transactions, to fulfil client needs and meet bank business objectives. Client needs include structured financing, risk-management, collateral trading, local market access, investment in EM and other credit risk. Bank business objectives include appetite to increase asset base, obtain related term funding, optimize return on regulatory capital, developing risk transfer and distribution methods, develop derivatives and structured financing and collateral trading products. Maintain relationships with professional counterparties to support the above objectives. Develop and maintain relationships with ICBC branches to originate collaborative opportunities. Execution & Process Partner with FIC Trading and Origination to structure and execute transactions involving Derivatives, Structured Credit and Financing products. Ensure all internal approvals are received including credit, legal, finance and compliance and all relevant committees (TAC, NPSTAC, CRMC, Credit Committee and Exco/Board if applicable). Work with Origination to obtain authorization for transactions via the TAC process. Work with Trading to obtain authorization for New Products via the NPP/NPSTAC process. Maintain deal files for Structured Transactions and transaction term sheets and/or descriptions if required. Minimise and monitor operational risk incidents, internal and external transaction audits. Work with relevant support functions to engage with external counsel or advisors supporting a transaction. Conduct Maintain an awareness of and comply with all Anti Money Laundering laws, regulations, policies and procedures relevant to ICBC Standard Bank Uphold the Values of the firm Escalate all significant Regulatory / Compliance issues immediately through appropriate channels Responsible for ensuring all mandatory training is completed Operates within the terms of the SLAs with Standard Bank Group and MOUs with ICBC Group Experience required to successfully perform the role: Proven experience in EM derivatives, structured credit / lending with a proven ability to consistently produce to revenue targets. Ideally, the candidate will have a legal background, although not essential Knowledge, technical skills and expertise Strong Technical expertise across GM products offered by us (Foreign Exchange, Credit, Interest Rate and Equities collateral). Strong understanding of Regulatory environment and working within these parameters. Strong derivative and hedging knowledge within an EM context essential Strong credit structuring and documentation expertise Understanding of PRA and FCA rules and regulations Understanding of capital, risk and control Understanding of IFRS and International Taxation Fluency in Mandarin (or other relevant languages) is preferred but not required Why should you join us? ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination. What's in it for you? Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance. Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies. Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme. Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners. Development a suite of opportunities to build the skills you need to excel in your role If you're excited about becoming part of our team, get in touch. We'd love to hear from you! ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.