Job Purpose
Rollout the Funding Centre function’s operations primarily for USD and INR, while adhering to RBI, Basel and other applicable regulatory requirements as well as internal ALCO liquidity risk management policies. Work closely with Mashreq Dubai TCM desks
To efficiently manage Bank’s liquidity pool in compliance with RBI guidelines to ensure adequate liquidity and maintenance of regulatory ratios
Assist in FX Sales related activities towards servicing existing accounts, and work with Corporate Banking and FI to onboard new relationships for treasury to increase volumes and revenues from each account
Key Result Areas
Analyze the Bank’s Balance sheet in terms of asset liability maturity gaps, repricing gaps, currency gaps and duration
Contribute to the Bank’s financial planning, forecasting and budgeting processes
Manage the INR book in an efficient manner to achieve targeted returns
Comply with RBI regulations to ensure that there are no violations. Also adhere to directions from other regulatory bodies like FEDAI, FIMMDA, CCIL, SEBI etc.
Ensure that all foreign currency gap positions are closed in a timely manner in order to avoid interest rate exposures
Work with Corporate Banking and FI to Expand avenues to raise Liability
Prepare and provide deposit rates and FX Card rates for branches in a timely manner to enable the branches to quote market rates
Develop technical know-how to keep abreast of latest product development in the FX, derivatives and futures area in order to service clients
Operate within designated limits to ensure bank exposure is kept at defined levels and maintain related MIS relating to client and bank exposures
Execute year-end balance sheet targets to enable the bank to meet its year end positioning / regulatory requirements
Handle Nostro covering to enable the bank to cover its exposure
Maintain code of dealing ethics and conduct to achieve industry standards
Train new hires in accordance with established procedures to meet the desk requirements
Service the FX / Derivatives desk in order to act as back-up
Knowledge, Skills and Experience
MBA / CA with 3-5 years relevant experience in money markets managing ALM
Strong quants orientation
Excellent interpersonal, communication, lateral thinking and analytical skills with ability to perform as a team player
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