Treasury Analyst

Key responsibility areas:

Internal audit of the end-to-end treasury management lifecycle and transactions, covering products such as:

Forex: Cash, Tom, Spot, FX-Swaps, Forwards, Non-Deliverable Forwards (NDFs)

Derivatives: Interest Rate Derivatives, Currency derivatives, Interest Rate Swaps, Options, Swaptions, Call & Floor etc.

Audit areas:

§ Adherence to regulatory and internal guidelines

§ Treasury Operations

§ Accounting and Valuation

§ RBS Tranche III Forex, Derivatives and FIMMT data points

Review effective implementation & adherence of RBI regulatory guidelines issued:

§ Master Direction - Risk Management and Inter-Bank Dealings (Updated as on September 01, 2020)

§ Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021

§ RBI guidelines on Margin for Derivative contracts

§ Operating Guidelines on forex deals with inter-bank and domestic clients

§ Operating Guidelines on derivative deals with Inter-bank and domestic clients

Review of Treasury Operations:

§ User access rights

§ Deal validation

§ Deal modification, deal cancellation and back- dated deals

§ Deal confirmations

§ Deals executed on Voice Recording Machine (VRM)

§ Early termination or unwinding of deals

§ Exchange traded products

§ Deal settlement including SWIFT related controls

§ Novation of contracts

§ Verification of underlying

§ Rate scan and MLC monitoring

§ Cash pad/ funding sheet

§ Related party transactions

§ Broker payments

§ Business Continuity Plan

Review of Accounting & Valuation:

§ Valuation of forward contracts

§ Verification of automated accounting entries and manual accounting entries w.r.t to approvals, rationale, and vouchers

§ Hedge accounting

Executing onsite client facing BFSI engagements for the above-mentioned areas with a focus on the following:

§ Evaluating the adequacy and effectiveness of policies, procedures, and controls

§ Assist in the development of audit work programs, and RACMs

§ Review and perform detailed Root Cause Analysis of critical events/ losses.

§ Assist in assessing risk, defining observations, and developing corrective actions.

§ Evaluate changes in regulatory requirements and ensure clients business processes are enabled to ensure compliance.

§ Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable regulations.

§ Prepare audit reports and undertake discussions with respective stakeholders for report closure.

§ Prepare audit committee MIS & packs for presenting to Board level committees.

§ Develop strong relationship with key stakeholders by addressing concerns in a timely manner.

§ Keep abreast of latest regulatory & risk management techniques and industry best practices.

§ Undertake data analytics across large data sets and present findings relevant to the underlying subject area. For e.g., Risk data analytics, consumer data analytics, fraud data analytics, etc.

§ Problem-solving skills i.e., conceptual, and analytical thinking

§ Excellent MS-Excel, Word and PPT skills

§ Excellent presentation and communication skills

Key performance metrics:

§ Adherence to project delivery timelines

§ Adherence to the firm’s standards for processes and quality

§ Project profitability

§ Client feedback

§ Feedback from counselor and other team members

Other expectations:

§ An “ownership attitude” whose passion for solving issues and creating value grows from one project to another.

§ Strong analytical and logical skills

§ Strong business writing and oral communication skills

§ Collaborative and partnership-oriented and ready to work as a team member.

§ Demonstrated ownership over deliverables and project engagement.

§ Ability to handle highly challenging and time-bound projects with a positive mindset.

Job Types: Full-time, Contractual / Temporary, Freelance
Contract length: 6 months

Pay: ₹600,000.00 - ₹1,000,000.00 per year

Benefits:

• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Ability to commute/relocate:

• Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Internal audit of Treasury & Risk management: 1 year (Required)

License/Certification:

• Chartered Accountant (Required)

Location:

• Mumbai, Maharashtra (Required)

Work Location: In person