Posted By
Posted in
Banking & Finance
Job Code
597682
Derivative Sales
1. Managing a team of relationship managers responsible to drive forwards and derivative business from corporate clients (viz Reliance, Tata, Aditya Birla, JSW, L&T, Vedanta etc.) of the Bank for hedging forex and interest rate exposures
2. Advising clients on a day to day basis on market movements while identifying possible hedging opportunities based on the client profile
3. Achieving forex income and turnover targets by executing hedge trades on client's foreign trade flows
4. Achieving derivative income targets from structured non-flow based transactions
5. Sourcing new to forwards/derivative clients
6. Ensuring compliance and documentation completion for all trades
Derivative Structuring
1. Independently handling the pricing of various derivative products that can be offered to a client, based on its profile and the general market parameters
2. Computation of capital charge and RAROC requirements for hedge transactions and for the derivative portfolio of the Bank
3. Negotiating ISDA (or other relevant derivative documents) with the clients. This responsibility shall entail communicating with the corporate clients and Axis Bank's Compliance and Law Departments.
4. Provide advice on regulatory and internal policy framework and update the bank's policy and processes from time to time
5. Support in execution of derivative transactions and compliance
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Posted By
Posted in
Banking & Finance
Job Code
597682