Job Purpose
To provide treasury support to settle foreign exchange, money market, securities & repo trades with good understanding of accounting entries flows to core banking. To test, validate the new products in all the UAT systems and the deploying in production.
Principal Accountabilities
- Sound knowledge of Trade life cycle from front to back office and complete understanding on all products (FX Spot, Swap, forward, Options, IRS, Bonds, Repos, M-Bills, ODF, IMLF, Money Market etc.)
- Execute all Treasury transactions in FX, MM, Securities, and any other transaction processed by Treasury Front office within the stipulated cut-off time.
- Strong knowledge on updating static details to treasury system.
- Validate deal confirmations against counterparty’s confirmation to avoid settlement risk.
- Ensure immediate resolution to the matching issues, settlement with counterparty and custodian.
- Responsible for all the GL’s related to treasury and to ensure no breaks in GL.
- Promptly investigate and respond to all alerts and escalation received from TFO, counterparty and or Reconciliation team.
- Support and assist the unit manager in various projects and actively interact with other units to add value.
- Vigilant for the payments close to cut-off, connect with correspondent, counterparty bank through email or via phone and ensure sighting of funds in nostro account at EOD.
- Coordinate with stakeholders like reconciliation, IT operations, Finance and onboarding team in case of any issues.
- Perform other duties as requested by the manager.
- Liaison with TFO other inter-departments in resolving issues.
- Perform user testing activities in case of any new products implemented by TFO.
- Co-ordinate with the stakeholder to sort issue and to deploying in production.
- Maintain clear and accurate documentation for Treasury operations and liaise between departments to ensure the accuracy of all workflows related to the Treasury Department
- Facilitate the timely and accurate month-end and year-end closing processes.
- Ensure proper reconciliations within systems and accounts related to treasury operations.
- Basic understanding of Banking Return Forms reported to Central Bank.
Qualifications & Experience
- Preferred bachelor’s in finance B.com / MBA Finance.
- Minimum 5 years of experience with strong knowledge in Treasury products, Treasury system and Trade life cycle.
Other Skills
- Team Player with digital mindset.
- Planning & organizing.
- Change & improvement.
- Decision making.
- Delivery and implementation.
