Dealer - Balance Sheet Management & Money Markets - Banking

Dealer - Balance Sheet Management and Money Markets

Our client is a Bank and the following position is part of their Treasury Team in Mumbai

The job holder is responsible, under guidance from Seniors for :

ALM / Money Markets Dealing :

1] Managing banks liquidity (intra-day as well as longer term) in an optimal manner to contribute to NII generation

2] Is responsible for funding the bank's account in all nostros for selected currencies in timely, adequate, cost effective manner complying with limits and within the regulatory environment. 3] Using the various money market instruments allowed ensuring liquidity at all times.

3] Adherence to all applicable regulatory requirements including CRR, SLR, IBL, LCR, NSFR, Prudential limits, etc.

4] Monitoring and managing cash flows for selected currency's nostro accounts.

5] Inter-bank market dealing to ensure funding of deficit accounts and deployment of excess cash via interbank call/notice/term money, repo, FX swaps, deposits/loan, CD's, CP'S, nostro transfers for different ccy's within cutoff time.

6] Use cash flow reports/MIS, to monitor liquidity and gap positions, tracking and projecting the cash flows in liaison with all divisions in the bank.

7] Cash flow and ratio projections to pre-empt potential funding gaps and suggest timely action

8] Form and provide views for fixed income and/or interest rates positioning including arbitrage and carry-trade opportunities.

9] Generate ideas for more efficient & sustainable sources of funding

Overall :

1] Provide backup as necessary to Trading desk

2] Adherence to all applicable internal & external risk, compliance, and regulatory requirements

Networking - meeting counterparty institutions bi-laterally or forums, providing market news/views. Keep close contact with counterparty dealers and brokers so as to be aware of market movements and possible opportunities;

3] Be in regular contact with internal stakeholders (RMs, Finance, Operations, etc.) to assess funding & resultant finance and ops requirements

4] Communicates with FIG department when they need limit approvals in dealing with many Financial Institutional counterparties

5] Guidance and support on desk for pricing the products the desk deals in viz., repos, reverse-repos, fixed income.

6] Initiate and drive New Products & Process approvals (NPPAs) relevant to the department.

7] Keeping abreast of market developments and regulations