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Senior Analyst-Treasury Operations

Employer
idfc first bank
Location
United Kingdom
Salary
Competitive Salary
Closing date
Dec 2, 2024
View more categoriesView less categories
Job Role
Treasury
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Business: Wholesale Banking Operations

Function/ Department: Treasury Operations

Place of Work: Mumbai

Roles & Responsibilities

'Deal validation: The candidate will be involved in validation of all derivative products such as all types of option strategies, Interest rate swaps, full currency swaps etc and any new product introduced from time to time. All pre deal requirements need to be verified before processing the transaction. All deal parameters agreed by the front office with the counterparty should be verified before validation

Settlements: The candidate will be involved in processing of settlements relating to all derivative products. The process involves preparing of settlement advices, getting the cash flows confirmed with the counterparty. The candidate will be responsible for accuracy and ensuring completion of all settlements due for the day in the system

Deal confirmation: Post validation, the candidate needs to prepare the deal confirmations for all transactions which contains the deal parameters and relevant clauses depending on the type of counterparty. The status of the confirmations are to be updated and monitored in the tracker.

Reporting: This is a critical and time bound activity to be completed as per the timelines . The candidate needs to ensure accurate reporting from the system or through manual reporting. The status of the reporting needs to be monitored for completion

Interaction: The candidate should have good communication skills to interact with all stakeholders for daily activities.

Regulatory &Compliance - The desk works under a highly regulated and closely scrutinized enviroment. The candidate should be well versed with the extant guidelines, associated risk and mitigants.

  • Will be involved in testing of system bugs/improvements/enhancements in existing processes, highlight deficiencies and gaps in processes

Secondary Responsibilities

The candidate will be responsible for testing system fixes provided by IT, enhancements etc

Audit- The candidate will be required to provide the data to auditors/ and reply to the queries.

Key Success Metrics

'Error free processing of transactions within the agreed TATs and minimal audit observations ]]>

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