Posted By
Posted in
Banking & Finance
Job Code
1382605
Trader - Money Markets
- Fund management
- Managing the funding position of the bank using money market instruments like Borrowing / Lending / Repo / CDs etc.
- Manage the short term liquidity of the bank.
- Maintenance of Statutory Ratio - CRR & SLR.
- Managing the liquidity risk and interest rate gaps.
- Proficiency in money market products like NDS-Call, NDS-OM, CROMS, TREPS, LAF etc.
- Managing INR account and FCY nostro balances, ensuring sufficient overnight and term funding at appropriate rate, with an objective to enhance return.
- Co-ordination with Corporate Banking Team's Relationship Managers to meet overall profit target of the bank, ensuring smooth and transparent Transfer Pricing.
- Knowledge, adherence and compliance to all RBI regulations regarding Treasury ALM activities.
- Forex Dealing
- Access to FX swap market for managing funds position.
- Maintenance of AGL, IGL, and NOPL of the bank.
- Can act as back-up for FX and Rates Trading desk.
- Financial Institution Function
- Relationship management with banks and brokers.
- Initiative to Set-up credit limits on banks.
- Reporting
- Preparation of daily funding position.
- Preparation of the monthly reports to be submitted to the ALCO.
- Preparation of reports for transfer pricing including rate card for deposits and loans.
- Forecast of balance sheet, profitability.
- Any other regulatory reporting or as required by the management and Head Office, from time to time.
- Experience
- 3-5 years of Prior experience in Money Market or Rates Trading Desk in a Bank.
- Requirements:
- Education: Minimum degree in Finance, Business or Economics and/or MBA preferred.
Skills:
- Strong interest in number crunching
- Strong communication skills
- In depth knowledge of treasury's products and applications
- Ability to work with all levels of senior management
- A natural team player with a passion for excellence
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Posted By
Posted in
Banking & Finance
Job Code
1382605