Money market dealer

ob Purpose/Objectives: • To effectively manage the Bank’s liquidity, cash flows and cover operations. Job Context: • Responsible for the overall liquidity positions of the Bank as authorized. • Funding of all Bank activities and optimum utilization of the Bank’s excess liquidity. • Creativity in dealing with changes.Principle Responsibilities: • Formulate ideas and strategies to take advantage of money market movements for Investment Portfolio. • Provide a comprehensive assessment on Money Market activities and highlight trends. • Constant follow-up of market changes, especially those related to monetary and fiscal policies that would have impact on the direction of interest rates. • Use Repos, Reverse Repos, Swaps and any other methods of funding within the mandate to ensure the most efficient way of funding the various activities of the Bank. • Enhance/maximize yield on the Core investment portfolio for SLR and Liquidity management. • Maintains cordial relationships with market participants including brokers for sourcing market intelligence. • Ensures compliance with the stipulated market risk limits, internal policies & operate within the domestic regulatory norms. • Perform other duties as required by the Bank. • Development of front office MIS.

Job Types: Full-time, Permanent

Pay: ₹35,000.00 - ₹55,000.00 per month

Schedule:

• Day shift

Work Location: In person