Treasury Operations - Forward Contract

Hiring for: A leading private sector bank in India, offering a wide range of banking and financial services to corporate, retail, and institutional clients.

Role: Treasury Operations - Forward Contract

Positions: 2

Experience: 4 to 8 years

Location(s): Andheri East, Mumbai

Type: On-site / Permanent

Salary: Up to INR 12 LPA

Job Purpose:

Manager role in Treasury Operations with key focus on Process, Risk, Compliance and Controls related to Forward Contract documentation & Operation

• Ensure day to day operations are managed as per Operational Manual

• Well aware of Regulatory reporting related to Forex & Derivative Market documentation and comply to any changes from time to time.

• Monitor, track and review centralized documentation requirement of all Treasury products and report in case escalation

• Ensure procedures, process maps are developed / maintained for each Treasury product.

• Build and maintain relations with Stakeholders

• Ensure processes minimize risk and improve controls

• Coordinate and play active role in Treasury projects of Automation, Digitization, Process improvements etc.

• Bring about good market practices in ensuring service delivery excellence

• Streamline process through quality initiatives.

• Handle Audits – Concurrent audit, Internal audit & external audit with “Nil” observation.

• Actively support the building and rolling out of a continuous improvement culture / framework.

• Support Management deliveries as per mandate

What is a Forward Contract?

A forward contract is a customized, over-the-counter (OTC) agreement between two parties to buy or sell an asset at a specified price on a future date. It is a derivative because its value is derived from the underlying asset.

Educational / Professional Qualification

Graduate / Post Graduate / MBA from reputed Institute

Technical Knowledge

• Well verse with product lifecycle related to Foreign Exchange / Derivative Operation
• Working knowledge of Calypso Treasury system will be an advantage
• Advance knowledge of Excel is mandatory

Work Experience (in Yrs.)

4-8 years’ experience in Treasury Operation ( Preferably with Forward Contract Operation)