Associate - Treasury Operations - Bank

Company: Foreign Bank

Designation: Associate

Location: Mumbai

Experience Requirement:

- MBA - Finance or Operation / Chartered Accountant.

- Previous banking experience with 6 to 8 years in Treasury Back Office processing of Derivative Products with dedicated experience in Forward Contracts processing and documentation relating to Past performance and Underlying.

- An understanding of operational workflows in particular Front-to-Back processing, from booking of trade through to back office processing with respect to processing, settlements, documentations & reconciliations.

- An understanding of Treasury Products

Role & Responsibilities

- Forward Contract Processing & Documentation Unit

- Processing : To ensure that all the deals for the day are accurately processed. Any unprocessed deal pending to be reported as unprocessed with explanation.

- Settlement : To ensure that all the deals are settled for the day.

- Reconciliation : To ensure that all Intersystem, Sundry / Suspense, Off B/S accounts reconciliations are completed and Ageing & Open Items are within the threshold limit.

- MIS to Regulators : To ensure that all the Regulatory Reports are submitted within the due dates

- MIS to Internal Stakeholders : To ensure that all MIS / Cash flows / Projections sent to Business / Other Stakeholders within the agreed timelines.

- Regulators / Quasi Regulators / Auditors Query Handling : To ensure that all the queries from Regulators responded on time.

- Internal Queries : To ensure that all the queries from Business, Projects, Other Stakeholders responded on time.

- Documentation : To ensure that all the documents due within the threshold ageing in possession.

- Communication / Escalations : To ensure that all the Issues on Documents, Limits, etc been escalated to the right forum.

- Record Management of Processing & Documentation dept.

Technical Capabilities:

- Working knowledge of Forward Contract Processing & Documentation Unit.

- Strong understanding of Regulatory Guidelines relating to Derivative including Forward contracts.

- Experience with treasury Department at least for 5 years with respect to processing, settlements, documentations & reconciliations.

- Have good Risk & Control prospective.

- Multi tasking capabilities.

- Good communications & Written skills.

- Good Team Player

- Excellent attention to details and organizational skills

- Experience of maintaining high standards particularly when working under pressure to tight deadlines and ability and attitude to excel.

- Have a comprehensive understanding/experience of underlying / past performance processing.

- Continuous Upgrade of skill relating to internal and external regulatory framework and ensure adherence to regulatory guidelines by RBI, FEDAI, Tax Authorities