Manager-Forex Settlement (front office/ back office of the treasury in Fx, Payment and settlement, Mumbai
Talent Leads HR Solutions
- Mumbai, Maharashtra
- Permanent
- Full-time
Job Title: Manager – Forex Settlement Department: Forex Settlement
Reports to: Senior Manager Required Qualification:Preferably MBA (Finance), CA,CFA, Graduate with relevant Finance ProfileExperience:Experience of at least 8 years in the front office and/or back office of the treasury in Foreign Exchange, Payment and settlement area preferably in a bank.Skill, Knowledge & Trainings:Technical:
- Fair understanding of Forex operations, Nostro Accounts, fund settlement of banks and customers, accounting, regulations, etc.
- Should have sound understanding of the IT framework of forex, payment and settlement business functioning and can lead the related business/projects
- Team building and Team working
- Project Execution skills with internal/external team members
- Good communication skills
- A team-player, able to work under tight deadlines and manage multiple concurrent projects
- Ability to priorities, work independently and exercise good judgment
- The incumbent will have primary responsibility of executing forex payment and settlement operations, coordinate with various stakeholders including the Regulator, Member banks and other entities.
- The incumbent will have to Coordinate and manage the functioning of the payment and settlement systems at the GIFT City, Gandhinagar
- Execute all operations for clearing and settlement of Forex (USD-INR Settlement, Forex Forward and CLS)
- Oversea smooth functioning of all operations for payment and settlement at the GIFT City, Gandhinagar
- Develop capabilities to handle clearing and settlement of new instruments
- Communicate with the Regulators for necessary approvals and for reporting
- Interact with member banks and respond to all queries
- Handle documentation and correspondence
- Coordinate with other departments where necessary
However, based on the need of the hour, the candidate may have to extend his working hours.