Specialist, Custody Operations (UAE National)

Standard Chartered


Date: 2 weeks ago
City: Dubai
Contract type: Full time
Key Responsibilities

  • To Assist in achieving bank’s strategic objectives, maintain a robust risk framework as well as enhance client experience.
  • Liaise with Implementation and Sales team to onboard clients and open accounts with sub custodians in the respective markets.
  • Lead Service calls with Sub custodians including tracking and closure of open items.
  • Lead and participate in projects initiated for risk-mitigation, service improvement, technology upgrade, regulatory, etc.
  • Undertake periodic self-assessment on key controls to access the proper functioning and adequacy of existing controls.
  • Assist in coordinating facilitating and promoting understanding of operational risk and in implementation and the management of it.
  • Manage and process UAE and Regional Securities Services digital custody transactions.
  • Ensure that turnaround times in respect of processing various transactions are met.
  • Develop strong working relationship with GBS to ensure smooth workflow.
  • Avoid revenue leakage and ensure that there are no debits to P&L Accounts without appropriate authority.
  • Ensure that all internal account reconciliation escalations are addressed daily, and correction entries passed where required.
  • Ensure that any nostro un-reconciled entries are escalated are kept to a minimum and are resolved daily.
  • Translate documents from Arabic to English and vice versa.

Our Ideal Candidate

  • Knowledge of Microsoft Office – Excel
  • Finance and accounting background.
  • Good English & Arabic language skills
  • Data analytical skills
  • Good communication & presentation skills
  • Good stakeholder management
  • Business acumen – industry insight
  • Awareness about digital custody.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • 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, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

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