Unit Head - Treasury Back Office - Finance Market Operations - Bank

Responsible for managing entire life cycle of operations of Treasury Back Office, consisting of FIMM, Interbank, Derivatives, FX, Bullion IBU & Nostro operations. The role holder is responsible for Team Management, escalations to management, meeting end to end department deliverables and management expectations, in line with internal and external guidelines.

- Operations Management & Vendor Management

- Knowledge of all treasury product covering the complete spectrum of FIMM, Derivative, Interbank treasury products

- Well versed with all regulations governing treasury market

- Experience of Handling IBU treasury operations

- Ensures that all transactions are processed as per agreed SLAs and approved procedures and guidelines

- Ensures nil operational losses/ revenue leakages.

- Accepts responsibility and accountability for the execution of all operational processes.

- Ensures timely review & renewal that all process notes, flowcharts, checklist etc that is referred to by the unit

- Reports to the business head on any changes in the process followed or deviation from the standard process & if need be make relevant changes & obtain approvals

- Plans & conduct periodic meetings with stakeholders & ensure corrective & preventive actions are in place based on the feedback

- Ensures tracking of open items related to the department and their logical closures

- Ensures proper due diligence of new products & processes and every inherent risk is documented with mitigants are put in place

- Performance Dashboards

- To ensure performance review mechanisms are in place and practically translated into action within the area of responsibility to achieve strategies, objectives and team plans

- Identify training, development needs of the team, conduct training at frequent intervals to meet the training requirements
 
- Audit & Compliance

- Ensure satisfactory audit rating (internal and regulatory) for the business.

- Take corrective action and ensure compliance with audit findings.

- Ensure tracking of open audit items related to the department and their logical closures

- Process Improvement & Automation

- Encourage, Drive & formulate process improvement ideas/projects in the unit resulting in cost saves or productivity improvements

- Assist in new Product and Process Implementation

- Ensure detailed UAT of new products and identifying automation projects for faster and robust processes

Internal Control:

- Follows risk policy and processes to mitigate the operational, regulatory, financial, informational, reputational and audit risks as instructed by the departmental manager

- Executes the established internal control systems and compiles relevant information for departmental audits, as necessary