This being a market facing role, it requires knowledge & understanding of:
- Products in the FCY markets,
- Market dynamics,
- Market participants
- Relevant regulations
- Components of Branch balance sheet; and
- Behaviour of various products with changing market landscape and workplace.
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Key Performance Metrics for the role are as under:
- Keeping updated on market development, including various factors impacting markets.
- Handle immediate term funding needs for both trade and non-trade assets across currencies, with the following being focal points:
- Daily NOSTRO operations: Ensure sufficient / appropriate balances in all currencies across geographies for customer and bank related transactions
- Manage operational aspects including system and internal processes. Process improvements/automation where required
- Term funding for both trade and non-trade assets across currencies.
- Negotiating/Liaise with Interbank counterparties on documentation and other operational aspects
- Identification & capturing of various opportunities in the Fx Markets – within the stipulated limits;
- Compliance with regulatory and internal guidelines - operating within prescribed risk limits.
- NOOP
- IGL
- AGL
- SLS & Funding Gaps
- Interbank Counter Party Limits
- Limits as may be prescribed by ALCO from time to time for portfolio / exposure management.
- Managing FCY investment book and maximising yield for the Bank – within the stipulated limits.
- Responsible for recommending FCY deposit rates based on market and internal liquidity assessment;
- Seamless coordination with various Business & Operations teams and other support functions, including:
- Liaise with TBO to ensure smooth settlements and manage cross currency funding mismatches
- Liaise with business units to understand their funding requirements and plan short to medium term funding with least cost disruption
- Daily MIS to Treasury hierarchy, updating the desk’s positions in FCY