Job Description
Job Purpose:
• Accountable for delivery, processes & controls of Treasury back office processes to meet/exceed demands on the Bank.
• Provide excellent front-to-back support in terms of processing activities across Funds Monitoring, Deal settlement, accounting, reconciliation, process improvements etc. by proactively revisiting process flows, day-to-day issue resolutions, etc.
• Regulatory and product environments are dynamic and ever-changing; the incumbent is expected to keep him/herself updated on the latest changes and ensure last mile deployments/practices on the shop floor through updated SOPs, Risk & Controls etc.
• Ensure timely regulatory reporting & accuracy for the desk.
Key Result Areas:
• Completely responsible for Treasury back office functions including control over transactions entered into by the treasury front office.
• Completely responsible for exchange position tallying, various periodic regulatory reporting both online as well as in hard copy.
• Ability to effectively handle the regulators, auditors (external or internal), others.
• Complete control over confirmation of contracts with counter parties. Adherence to RBI and internal guidelines.
• Operate at an “always audit ready” state.
• Proactively identify & influence change projects like process improvements, exception management etc. and transfer of activities to MGS
• Effectively operate at the 1stlevel of management escalations with minimal or no escalations requiring senior management interventions which could have been directly managed / influenced at the incumbent’s level.
• Implement appropriate processes & controls in line with local/group policies, regulations etc. Ensure RCSA are periodically tested and updated on the system.
• Ensure that all processes on the floor are adequately documented. No review comments about identification of activities that are not documented in SOP / not practiced.
• Ensure periodical review (at least annually/documented) for all documents; SOPs, Risk & control registers, process checklist etc.
• Work towards ensuring a Satisfactory Audit ratings (IA, RBI etc.). Closely work on all audit reports and responses and ensure proper and timely resolution / closures.
• Create effective back up and also be an effective back up to AVP Ops / Corporate Ops.
• From Ops side support Unit head in finalization of Product approval programs / new products, testing, action point closures in terms of Ops preparedness before Go-LIVE.
• Direct interaction with Auditors (internal / external), / consultants, vendors, government /semi government bodies, etc. as appropriate.
• Interact closely with all offices of Treasury across day to day & service / query resolutions.
• Interacting with various tech stakeholders based in Dubai or MGS Bangalore to ensure robust service delivery for the desk as appropriate
• Direct interaction and communication with the counterparties.
• Incumbent has to demonstrate good knowledge of Treasury back office operations. Good understanding of the RBI / FEMA regulations, Internal Control Guidelines etc
• Job involves understanding treasury requirements and finding solutions
• Monitor and analyze gaps, root cause analysis and recommend solutions for the same.
• Actively participate in the development of new product and services and changes/enhancement of existing ones; initiate the change when needed.
Knowledge, Skills And Experience:
• Minimum bachelor degree , Post graduation in Management preferred
• Minimum 15+ years’ experience across Treasury Back office operations
• Preferably with relevant professional certificate etc.
• Good knowledge of statutory and regulatory requirements in the concerned operational area.
• Solution provider who caters to both the business group sand customer service requirements while maintaining adequate levels of control.
• Very effective verbal and written communications skills
• Accountable for delivery, processes & controls of Treasury back office processes to meet/exceed demands on the Bank.
• Provide excellent front-to-back support in terms of processing activities across Funds Monitoring, Deal settlement, accounting, reconciliation, process improvements etc. by proactively revisiting process flows, day-to-day issue resolutions, etc.
• Regulatory and product environments are dynamic and ever-changing; the incumbent is expected to keep him/herself updated on the latest changes and ensure last mile deployments/practices on the shop floor through updated SOPs, Risk & Controls etc.
• Ensure timely regulatory reporting & accuracy for the desk.
Key Result Areas:
• Completely responsible for Treasury back office functions including control over transactions entered into by the treasury front office.
• Completely responsible for exchange position tallying, various periodic regulatory reporting both online as well as in hard copy.
• Ability to effectively handle the regulators, auditors (external or internal), others.
• Complete control over confirmation of contracts with counter parties. Adherence to RBI and internal guidelines.
• Operate at an “always audit ready” state.
• Proactively identify & influence change projects like process improvements, exception management etc. and transfer of activities to MGS
• Effectively operate at the 1stlevel of management escalations with minimal or no escalations requiring senior management interventions which could have been directly managed / influenced at the incumbent’s level.
• Implement appropriate processes & controls in line with local/group policies, regulations etc. Ensure RCSA are periodically tested and updated on the system.
• Ensure that all processes on the floor are adequately documented. No review comments about identification of activities that are not documented in SOP / not practiced.
• Ensure periodical review (at least annually/documented) for all documents; SOPs, Risk & control registers, process checklist etc.
• Work towards ensuring a Satisfactory Audit ratings (IA, RBI etc.). Closely work on all audit reports and responses and ensure proper and timely resolution / closures.
• Create effective back up and also be an effective back up to AVP Ops / Corporate Ops.
• From Ops side support Unit head in finalization of Product approval programs / new products, testing, action point closures in terms of Ops preparedness before Go-LIVE.
• Direct interaction with Auditors (internal / external), / consultants, vendors, government /semi government bodies, etc. as appropriate.
• Interact closely with all offices of Treasury across day to day & service / query resolutions.
• Interacting with various tech stakeholders based in Dubai or MGS Bangalore to ensure robust service delivery for the desk as appropriate
• Direct interaction and communication with the counterparties.
• Incumbent has to demonstrate good knowledge of Treasury back office operations. Good understanding of the RBI / FEMA regulations, Internal Control Guidelines etc
• Job involves understanding treasury requirements and finding solutions
• Monitor and analyze gaps, root cause analysis and recommend solutions for the same.
• Actively participate in the development of new product and services and changes/enhancement of existing ones; initiate the change when needed.
Knowledge, Skills And Experience:
• Minimum bachelor degree , Post graduation in Management preferred
• Minimum 15+ years’ experience across Treasury Back office operations
• Preferably with relevant professional certificate etc.
• Good knowledge of statutory and regulatory requirements in the concerned operational area.
• Solution provider who caters to both the business group sand customer service requirements while maintaining adequate levels of control.
• Very effective verbal and written communications skills
💡 Quick Summary
Seeking a career-building opportunity? The AVP| Treasury Operations position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
