Treasury Dealer - Interbank FX

Competencies:

- Operating as Dealer for forex, derivatives, fixed income products.

- Maintenance of SLR/CRR, Liquidity Management, Trading in Govt Securities/Corporate Debt, Overnight Indexed Rate Swaps, Money Market Operations, interbank and merchant desk, swaps, vanilla, repos

- Monitor inter-bank borrowing and lending; providing feedback to dealers on profitability of deal activity

- Monitor the funds position, the maturity profile of various short-term assets and liabilities and accordingly deploy funds in medium to long-term securities for AFS books

- Monitoring the daily position reconciliation of all trading products between front and back office databases. Products traded include forex, money market, overnight index swaps, interest rate swaps, futures cross currency interest rate swaps, options, NDF, NDS.

- Ensure statutory compliance of maintaining the Cash Reserve Ratio on a daily and fortnightly basis.

- Analysing yield curve trends, oscillations, identifying opportunities for trading in securities based on yield curve placement and other factors, tracking economic factors affecting market movements, monitoring interest rate spreads.

- Devising strategies for achieving the set profit targets and enhancement of yield on Investments

- Preparing of Review Notes/Board Notes on quarterly basis.

Interbank FX - Trading & Cover operation in USD/INR and other G7 currencies (Crosses)

FX hedging for clients (Foreign currency derivative products such as swap, options etc.)

Other capabilities:

Sound knowledge of relevant Regulatory directives and their implementation for achieving regulatory compliance

Exposure to Foreign Currency ALM (sourcing & pricing) is desirable

Qualification:

CA/MBA/CAIIB

Experience:

4 Year to 6 Years of Work Ex with PSU or PVT Sector Banks at an executional level.