Sr 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
  • 2 months ago
JOB DESCRIPTION for Senior Manager – Forex SettlementJob Title: Senior Manager Department: Forex SettlementReports to: Sr.Vice President Required Qualification:Preferably MBA (Finance), CA,CFA, Post GraduateExperience:Experience of at least 12 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
Behavioral & Leadership:
  • Leadership skills, Team building and Team working
  • User interactions management at senior level
  • 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
  • Proactive and solutions oriented
Job Purpose:
  • The incumbent will have primary responsibility of managing 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
Key Responsibility:
  • Coordinate and manage all operations for clearing and settlement of Forex (USD-INR Settlement, Forex Forward and CLS)
  • Coordinate and manage all operations for payment and settlement at the GIFT City, Gandhinagar
  • Develop capabilities to handle clearing and settlement of new instruments
  • Interact with the Regulators for necessary approvals and for reporting
  • Interact with member banks and respond to all queries
  • Handle documentation and correspondence
  • Build/maintain relationships with members, regulators, etc.
  • Coordinate with other departments where necessary
  • Interaction with senior executives/ Directors of the Board etc. in a formal environment
Any other Requirement:This is a middle management position for shouldering responsibilities as part of leadership team and contributing to multiple areas related to Forex. Candidate will normally be working in general shift.
However, based on the need of the hour, the candidate may have to extend his working hours.

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