Dealer - Off Shore Business , with leading private sector bank

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  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 25 days ago
  • Apply easily
PURPOSE OF THE JOBThe Overseas Desk Dealer role in the Overseas Desk is responsible for Overseas Branch Treasury, which includes consolidated balance sheet management for all the overseas branches, Fund raising through short term and lond term loans / bonds, deposit and loan pricing, FI relationships with local banks, In addition to this, dealer is also required to execute interbank trades in FX, NDF, Bullion, interest rates, options, Bonds during BCP for the branch etcKEY RESPONSIBILITIESFinancial Objective
  • NII revenue as per budget from Asset/Advances pricing to the business, both in terms of Transfer pricing as well as actual pricing.
  • Reduce cost of borrowings by arranging lower cost of borrowings
  • Maximising the investment income within the risk limits
  • Managing the hedge book on foreign currency loans
Non-Financial Objective – Risk Management and Liquidity Management
  • Liquidity Management as per the regulatory and Bank's requirement of the desk
  • Gap Management
  • Other risk variable parameters management like counterparty, settlement risk limits
  • Funding management including raising funds, legal documentation
  • Identifying opportunities for end used based loans/ESG
  • Establishing new FI counterparties
  • Tax efficiency
Relationship Management – external and internal
  • Manage the internal stake holders, viz. relationship managers in various Business groups to mobile deposits and loans products for the overseas book.
  • Counterparty / FI Relationship Management and Intelligence:
  • Interact with market participants to gather information
  • Direct coverage of Banks for optimizing of borrowing lines, especially trade and money market lines
  • Target new funding lines from Banks
  • Operations team for ensuring smooth transaction processing
Internal Processes and Regulatory Compliance
  • Ensure fulfillment of all transactions in the given TAT, with zero error, while adhering to the process and policies of the Bank.
  • Hedging of all positions arising out of the transactions
  • Capturing all transactions in all the front office systems of the bank
  • Ensuring all treasury related documents are submitted by the customer in defined TAT
  • Ensure compliance with all internal / external guidelines, well versed with all guidelines pertaining to the Desk, ensure compliance with all the risk / credit limits pertaining to the desk activities.
Skill Requirements
  • Aptitude and attitude to financial markets. Typically a Post Graduate/MBA in Finance, CA.
  • Treasury product knowledge, including knowledge about pricing. Adequate knowledge of markets, with ability to interpret these data and use it for business opportunities
  • Eagerness to learn
  • Good communication skills
  • Strong analytical and mathematical acumen, data interpretation skills
  • Good Relationship skills & Team player
  • Regulatory knowledge and Compliance orientation
  • Grooming (critical as need to interact with external people in overseas)
  • Extremely high levels of integrity
  • Ability to Multi-task

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