Dealer - Forex - Bank

Forex Dealer - Bank

Our Client, a Leading Bank is looking for a Forex Dealer to be based at Mumbai.

Required Experience:

- Overall, 6-8 Years of work experience in Forex Dealing as part of Integrated Treasury

- Should have experience both in Trading USD INR and Crosses and handling Merchant Transactions

- Should have experience in implementation of Integrated Treasury Software

- Having good network amongst with interbank participants , IBA etc

- Sound knowledge of RBI FEDAI and FEMA guidelines.

Job Requirement / Key Accountability:

- Taking Trading position in intraday, short & medium term in USDINR and cross currencies

- Quoting rates to customers (Merchant covering) & advising clients on hedging their exposures through products like forward contracts etc

- Preparing Daily Card rate (TT and Bills)

- Knowledge of derivative and hedging products (FRA, Futures options and Swaps etc )

- Collaborate with different business units and support them to develop plans to meet sales targets

- Fund management in various NOSTRO accounts and managing NOOP and GAP limits

- Preparing Daily P&L statement, monthly business Report & Profit Revaluation

- Managing Portfolio and Strict adherence to compliance and risk management policies of the organization and the regulatory bodies at all times

- Good knowledge of Technical Analysis

- Fair Knowledge of treasury system implementation related to forex product

- Reporting would be to Chief Dealer Forex.

Education Qualification:

- Pref MBA CA / CFA or Professional Degree