01Overview
Job Description:
ob Description:-
This being a market facing role, it requires knowledge & understanding of:
Products in the FCY markets,
Market dynamics,
Market participants
Relevant regulations
Components of Branch balance sheet; and
Behaviour of various products with changing market landscape and environment.
Key Performance Metrics for the role are as under:
Keeping updated on market development, including various factors impacting markets.
Handle immediate term funding needs for both trade and non-trade assets across currencies, with the following being focal points:
Daily NOSTRO operations: Ensure sufficient / appropriate balances in all currencies across geographies for customer and bank related transactions
Manage operational aspects including system and internal processes. Process improvements/automation where required
Term funding for both trade and non-trade assets across currencies.
Negotiating/Liaise with Interbank counterparties on documentation and other operational aspects
Identification & capturing of various opportunities in the Fx Markets within the stipulated limits;
Compliance with regulatory and internal guidelines - operating within prescribed risk limits.
NOOP
IGL
AGL
SLS & Funding Gaps
Interbank Counter Party Limits
Limits as may be prescribed by ALCO from time to time for portfolio / exposure management.
Managing FCY investment book and maximising yield for the Bank within the stipulated limits.
Responsible for recommending FCY deposit rates based on market and internal liquidity assessment;
Seamless coordination with various Business & Operations teams and other support functions, including:
Liaise with TBO to ensure smooth settlements and manage cross currency funding mismatches
Liaise with business units to understand their funding requirements and plan short to medium term funding with least cost disruption
Daily MIS to Treasury hierarchy, updating the desks positions in FCY balancesheet. .
