Job Description
Bombay Mercantile Co-Operative Bank Ltd., a leading Multi-State Scheduled Bank, with 52 branches across 10 states, requires dynamic and experience personnel.
Age: 45-50 Years
Location: Mumbai
Qualification and Experience:
Postgraduate in Finance, Economics, or related discipline.
Minimum 10 years of banking experience with at least 5 years in treasury operations.
Certification in Treasury or Investment Management is desirable.
Key Responsibilities:
Funds Management:
Ensure efficient day-to-day fund management to meet the bank’s operational and regulatory liquidity requirements.
Monitor inflows and outflows and maintain an optimal balance between liquidity and return on investments.
Investment Portfolio Management:
Manage the investment of surplus funds in government securities, bonds, mutual funds, and other permissible instruments.
Ensure that investments are made as per the Board-approved Investment Policy and RBI guidelines.
Regulatory Compliance:
Maintain Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) as per RBI norms.
File statutory returns related to treasury operations accurately and timely.
Asset-Liability Management (ALM):
Participate in the ALCO (Asset Liability Committee) and support in managing interest rate and liquidity risk.
Monitor mismatches and recommend measures for effective balance sheet management.
Dealing Operations:
Supervise front office and back office dealing functions.
Ensure accurate and ethical dealing in the money market and government securities market.
Market Intelligence:
Track market trends, interest rate movements, and economic indicators.
Provide insights to senior management for strategic decision-making and policy formulation.
Policy & Procedure Management:
Develop and periodically review Treasury Policy, Investment Policy, and ALM Policy.
Ensure implementation of best practices in treasury management.
Audit & Risk Controls:
Ensure treasury operations are subject to proper internal control, risk management, and audit mechanisms.
Facilitate timely reconciliation and settlement of all treasury transactions.
Reporting & MIS:
Prepare and submit regular reports to the Management, ALCO, Board, and regulators.
Maintain accurate and up-to-date records of all treasury transactions and holdings.
Job Type: Full-time
Schedule:
Day shift
Ability to commute/relocate:
Masjid, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)
Education:
Bachelor's (Preferred)
Experience:
Head of Treasury: 10 years (Preferred)
Work Location: In person
Age: 45-50 Years
Location: Mumbai
Qualification and Experience:
Postgraduate in Finance, Economics, or related discipline.
Minimum 10 years of banking experience with at least 5 years in treasury operations.
Certification in Treasury or Investment Management is desirable.
Key Responsibilities:
Funds Management:
Ensure efficient day-to-day fund management to meet the bank’s operational and regulatory liquidity requirements.
Monitor inflows and outflows and maintain an optimal balance between liquidity and return on investments.
Investment Portfolio Management:
Manage the investment of surplus funds in government securities, bonds, mutual funds, and other permissible instruments.
Ensure that investments are made as per the Board-approved Investment Policy and RBI guidelines.
Regulatory Compliance:
Maintain Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) as per RBI norms.
File statutory returns related to treasury operations accurately and timely.
Asset-Liability Management (ALM):
Participate in the ALCO (Asset Liability Committee) and support in managing interest rate and liquidity risk.
Monitor mismatches and recommend measures for effective balance sheet management.
Dealing Operations:
Supervise front office and back office dealing functions.
Ensure accurate and ethical dealing in the money market and government securities market.
Market Intelligence:
Track market trends, interest rate movements, and economic indicators.
Provide insights to senior management for strategic decision-making and policy formulation.
Policy & Procedure Management:
Develop and periodically review Treasury Policy, Investment Policy, and ALM Policy.
Ensure implementation of best practices in treasury management.
Audit & Risk Controls:
Ensure treasury operations are subject to proper internal control, risk management, and audit mechanisms.
Facilitate timely reconciliation and settlement of all treasury transactions.
Reporting & MIS:
Prepare and submit regular reports to the Management, ALCO, Board, and regulators.
Maintain accurate and up-to-date records of all treasury transactions and holdings.
Job Type: Full-time
Schedule:
Day shift
Ability to commute/relocate:
Masjid, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)
Education:
Bachelor's (Preferred)
Experience:
Head of Treasury: 10 years (Preferred)
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Head of Treasury 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.