Senior Associate - Treasury

Role & responsibilities

The FX Back Office will play a crucial role in supporting and managing post-trade activities within the foreign exchange operations. This individual ensures the smooth and efficient processing of FX transactions, confirmations, settlements, and related activities in compliance with industry standards and regulatory requirements.

• Supporting for setting up and operationalising the

  International Treasury Centre

• Assisting in deploying Forex management strategies to mitigate the risk of adverse currency movement
• Assisting front office on trade confirmation, confirm trades with counterparties and ensure accuracy and completeness. Manage end to end FX operation for ITC.
• As part of compliance and governance functions, monitor FX rates and related news and raise timely escalations with banks and internal stake holders in case of variances in margins charged over rates.
• Handle the settlement with international partner and AD1 Banks of FX trades.
• Ensuring that treasury activities are carried out in accordance with approved policies and guidelines. Compliance of FX Risk Management Policy and Internal Policies.
• Negotiation with Banks for FX pricing and setting up FX limits with banks and related documentation.
• Ensuring Forex management related compliance and regulatory requirement. Keep abreast of changes in regulations affecting the FX market and implement necessary changes in processes.
• Smooth functioning of Day-to-Day activities of the Forex Management
• Maintaining the online business banking platforms and treasury management systems ensuring the correct recording of all transactions and overseeing technical upgrades as required.
• Preparing daily/ monthly/ quarterly/ annually reporting on Treasury activities to the Head of Treasury, CFO, CEO and Board.
• Identify and implement process improvement initiatives to enhance efficiency and accuracy. Liaise with IT to develop and test system enhancements.
• Reporting of Treasury transactions including month end close, reconciliations.
• Managing the Treasury internal and external audit processes and engagement with auditors.
• Working collaboratively with the business, operation and Back-office system acting as an escalation point for unresolved issues, provide specialist financial support and information that they value.
• Managing Bank and other External Stakeholder Relationships
• Working closely with our external consultants to build Fx and Fx related product offerings