Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Requirements
Job Purpose
Handling processing of Corporate FX desk with knowledge of underlying documentation of Corporate Foreign Exchange / Derivative trades with thorough knowledge of latest RBI Guidelines on Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk.
Key Accountabilities
- Basic understanding of the Fx Market and the latest RBI regulations
- Follow up, Review and records maintenance follow up for underlying and deal confirmation documentation for FX forward trades
- Day to day processing of trades for GFM Ops
- Ensuring reconciliation of trades booked in the core system with the upstream booking source
- Ensure timely delivery of deal confirmation to clients
- Tele affirmation of trades with the customers and reporting and reconciliation of deals to CCIL platform
- Timely and accurate data to concurrent audit/ other audits as well as regular and ad hoc MIS preparation
- Monitoring of Suspense accounts and liaising with other internal stakeholders.
- Liaising with Front office/ customers for any discrepancies.
Job Duties & Responsibilities
- Operations Delivery
- MIS & Reconciliation
- Regulatory Reporting
- Support GFMO deliverables.
Required Experience
7-8 year experience in handling underlying documents for FX/Derivatives deals in operations of bank. Thorough understanding of RBI Circular on Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk.
Education / Preferred Qualifications
Graduation Degree. Professional qualifications like MBA(Finance), MCOM would be added advantage.
Core Competencies
- Product and working knowledge of Treasury Products, Underlying Documents, RBI Circulars, and operations.
- A team-player, able to work under tight deadlines and manage multiple concurrent tasks.
- Good communication skills
Technical Competencies
- Develop recommendations for continuous improvement and support STP and digital strategy for the bank.
- Good command over MS Excel, MS WORD etc
Work Relationship
- Manage stakeholders across Operations, customers, and business within given timelines.
Location:
Mumbai
Job:
Operations
Schedule:
Regular
Employee Status:
Full time
