Treasury Dealer

Job Purpose • Rollout the Funding Centre function's operations primarily for USD and INR, while adhering to RBI, Basel and other applicable regulatory requirements as well as internal ALCO liquidity risk management policies. Work closely with Mashreq Dubai TCM desks • To efficiently manage Bank's liquidity pool in compliance with RBI guidelines to ensure adequate liquidity and maintenance of regulatory ratios • Assist in FX Sales related activities towards servicing existing accounts, and work with Corporate Banking and FI to onboard new relationships for treasury to increase volumes and revenues from each account Key Result Areas • Analyze the Bank's Balance sheet in terms of asset liability maturity gaps, repricing gaps, currency gaps and duration • Contribute to the Bank's financial planning, forecasting and budgeting processes • Manage the INR book in an efficient manner to achieve targeted returns • Comply with RBI regulations to ensure that there are no violations. Also adhere to directions from other regulatory bodies like FEDAI, FIMMDA, CCIL, SEBI etc. • Ensure that all foreign currency gap positions are closed in a timely manner in order to avoid interest rate exposures • Work with Corporate Banking and FI to Expand avenues to raise Liability • Prepare and provide deposit rates and FX Card rates for branches in a timely manner to enable the branches to quote market rates • Develop technical know-how to keep abreast of latest product development in the FX, derivatives and futures area in order to service clients • Operate within designated limits to ensure bank exposure is kept at defined levels and maintain related MIS relating to client and bank exposures • Execute year-end balance sheet targets to enable the bank to meet its year end positioning / regulatory requirements • Handle Nostro covering to enable the bank to cover its exposure • Maintain code of dealing ethics and conduct to achieve industry standards • Train new hires in accordance with established procedures to meet the desk requirements • Service the FX / Derivatives desk in order to act as back-up • Comply with local regulations and internal guidelines to ensure that there are no violations • Effective liaison with superiors and team members of Money markets desks at all overseas locations is essential to achieving business objectives in competitive, dynamic and volatile business environment • Maintaining a close working relationship with external counterparties to ensure in-depth understanding of business conditions to reduce risks and maximize earnings • The job would require extensive interaction with external counterparties including Central Banks, Liquidity managers, Money market desks and Investment Managers • Contact with clients and back office • Support in activities relating to FX / IR sales • The job requires analytical ability, lateral thinking, sound judgment and quick decision making to efficiently balance the opposing objectives of maximizing returns versus ensuring adequate liquidity and maintenance of regulatory ratios. The job also requires quick turnaround on liquidity and regulatory issues faced by international branches • Resolving late payment issues with RBI and other counterparties • Assists in resolving bank / branch issues relating to reporting / transactions. • Envisage all requirements and to provide tailor-made solutions with a view to generate maximum possible turnover and profit for the bank • The job also requires resolving complex issues on • defining and measuring cost of liabilities, asset liability gaps, balance sheet duration and other analytics • analyzing investment opportunities including economic / financial modeling to support investment recommendations. • Complex and dynamic operating environment which requires extensive knowledge of products and regulations • The job holder has a great deal of autonomy in day to day operations, although a summary of operations and matters of wide ranging importance or unusual problems have to be referred to the superior and/or ALCO • The jobholder has to ensure that he / she operates within the guidelines, instructions and policies laid down by the bank. A strict code of conduct and ethics has to be maintained • Complete authority to negotiate rates for borrowing / lending and authority to deal with any approved counterparty • Authority to deal with any approved counterparty and determine spreads while quoting Knowledge, Skills & Experience • MBA / CA with 5-10 years relevant experience managing ALM • Strong quants orientation • Excellent interpersonal, communication, lateral thinking and analytical skills with ability to perform as a team player