Chief Product Owner, Clearing & Margining

Job Summary • We are seeking a talented and passionate, individual to join Standard Chartered as the Chief Product Owner of Margining & Clearing in the Markets COO Transformation Post Trade team . • Our Product Owners have a deep understanding of the target market/industry and build close relationships with key stakeholders to ensure the teams effort is aligned with overall strategy and client / customer needs. • If tackling complex challenges excites you, then join our Markets COO Transformation Post Trade team where you will get to collaborate and work on solutions across business and functions. You will have the opportunity to build and maintain the best-in-class products / services for our clients and customers, whilst continuously striving to reduce time-to-market and streamline our processes. What will you do? • The Chief Product Owner for Margining and Clearing is an empowered senior decision maker accountable for maximising the business value of two critical post-trade capabilities: margining and clearing . • They oversee the full lifecycle of these capabilities, ensuring that margin processes (collateral management, margin calls, dispute handling, optimisation and settlement) and clearing processes (trade execution, validation, lifecycle management, reconciliation, reporting and settlement) are delivered in a scalable, standardised and risk-controlled manner. • The role acts as the single point of accountability for end-to-end outcomes across both capabilities, addressing fragmentation, multiple governance forums, and lack of visibility across initiatives, and driving a unified and efficient operating model. • The Chief Product Owner leads multiple Product Owners and collaborates closely with operations, front office, technology and control functions to ensure alignment across the entire trade lifecycle. Accountable for: • Maximising business value by delivering efficient, scalable and controlled margining and clearing processes across products and regions • Establishing a single, unified view of all margining and clearing initiatives , improving visibility, prioritisation and governance across the organisation • Driving simplification by reducing fragmentation, handoffs and duplication across processes and delivery teams • Overseeing the margining capability, including: • Collateral management and optimisation • Margin calls and dispute resolution • Margin matching, settlement and lifecycle management • Owning the clearing capability, including: • Trade execution, validation and lifecycle processing • Allocation and confirmation of cleared trades • Clearing obligations and regulatory requirements • Broker connectivity and account management • Reconciliation, controls and exception management • Risk and credit management related to cleared trades • Settlement, accounting and fee processing • Static data, reporting and client information • Operational controls, audit and management reporting • Owning and prioritising a single consolidated backlog across margining and clearing, covering transformation, operational improvements, risk remediation and regulatory changes • Ensuring consistent prioritisation across competing initiatives based on value, risk and operational impact • Driving cross-capability synergies between margining, clearing, trade lifecycle processing and reporting • Establishing strong governance and efficient decision-making, including: • Streamlined engagement with control functions such as legal and compliance • Clear ownership across product, process and technology teams • Improved resource utilisation and cross-functional flexibility • Managing operational risk, process changes and delivery risks across both capabilities • Actively removing blockers and resolving dependencies across complex delivery streams Key Responsibilities Strategy • Drive convergence of processes and platforms across clearing and margining to enable a simplified and scalable operating model • Establish a single governance and prioritisation structure across all initiatives to improve transparency and execution efficiency • Promote standardisation across markets, products and regions to reduce complexity and operational risk • Drive automation and digitisation of manual processes, particularly in margin handling, reconciliation and trade lifecycle events • Enable reuse of capabilities across asset classes to avoid bespoke implementations • Ensure alignment between pre-trade, trade execution and post-trade processes…