Treasury Manager

About Balancehero

True Balance

Founded by Charlie Lee in Korea in 2014, Balancehero began operations in India in 2016 as a balance check application. Since then, it has evolved into a comprehensive financial services provider, building a platform for the next billion, offering loans, utility services, pay-later options, and commerce services.

True Credits Private Limited

About True Balance

True Balance, owned and operated by the BalanceHero Group, is an RBI-authorized Prepaid Payment Instrument (PPI) issuing entity. Through its subsidiary True Credits Private Limited (RBI-licensed NBFC) and other RBI-approved partners, it offers a range of financial services, including instant loans, utility bill payments, and mobile recharges.

US$84 million in equity funding

Website: www.truebalance.io

About True Credits

Established in 2019, True Credits is an RBI-licensed NBFC providing innovative, fast, and hassle-free financing solutions for personal and business needs. With a focus on unbanked users, True Credits addresses the growing demand for instant credit services in India.

Treasury (Mid Office)

1. Treasury Documentation & Deal Support:

• Manage end-to-end documentation for NCDs (Non-Convertible Debentures), Commercial Papers (CP), and loan agreements with banks, NBFCs, and other investors
• Negotiation of documentation with lenders / investors, coordinate with legal, compliance, and external counsels for transaction execution
• Maintain a documentation repository and ensure timely renewals

2. Covenant Monitoring and Compliances

• Own end-to-end

  covenant tracking and monitoring

  for all borrowing instruments (NCDs, CPs, loans, etc.).
• Maintain

  covenant compliance tracker

  and ensure timely submission of deliverables (financials, reports, certificates) to lenders, investors and debenture trustees
• Collaborate with finance, legal, and business teams to ensure adherence to all

  financial and non-financial covenants

3. ALM & Risk Management:

• Assist in

  Asset-Liability Management (ALM)

  analysis and scenario-based stress testing.
• Prepare and file ALM returns as per

  RBI guidelines

  .
• Conduct ALCO meetings and prepare with relevant data, insights. Highlights Treasury risks (Liquidity risk, Interest rate risks, foreign exchange risks etc.) and suggests appropriate risk mitigation plans

3. Regulatory & Compliance Monitoring:

• Ensure compliance with

  RBI

  ,

  SEBI

  , and Companies Act norms related to treasury operations with relevant support from compliance and secretarial function. .
• Track compliance for borrowing limits, ISIN utilization, credit ratings, and board approvals.
• File RBI returns (e.g., ALM, Structured Liquidity Statements, Securitization filings if applicable).

4. Cash Flow & Fund Planning:

• Monitor short-term and long-term

  cash flow positions

  , track repayments, disbursements, and inflows.
• Support preparation of

  daily/weekly fund utilization reports

  , forecast gaps, and manage working capital needs.
• Liaise with business and finance teams to align treasury planning with operational needs.
• Manages treasury surplus by investing in FDs / Mutual Funds etc. in accordance with investment policy and liquidity needs of the organisation

5. Treasury Controls & MIS:

• Reconcile deals, rates, and limits with the front office; escalate discrepancies proactively.
• Prepare and circulate periodic treasury MIS reports (fund utilization, borrowing cost analysis, pipeline tracking).
• Maintain trackers for sanctions, drawdowns, repayments, and covenants.

Candidate Profile:

• Qualified CA / MBA

• 4-5 years of experience

  in Treasury Mid Office roles within

  NBFCs / corporates / BFSI sector

  .
• Strong working knowledge of

  NCD/CP documentation

  , loan agreements, treasury operations, and RBI compliance.
• Familiarity with

  ALM frameworks

  , RBI reporting (ALM returns), and treasury risk management practices.
• High attention to detail, documentation skills, and ability to coordinate across internal and external stakeholders.
• Proficiency in MS Office / Google Workspace

Key Skills:

• Deep understanding of NBFC treasury operations and regulatory environment
• Strong coordination and communication skills
• Analytical thinking and financial acumen
• Process orientation with control mindset