Domain Experience: Good knowledge in Foreign Exchange, Money Market, Fixed Income, Rates. CCIL process and regulatory reporting
Role: Primarily responsible for day to day efficient, smooth and error free processing of various products (Rates, FI, Currency, MM) Treasury.
Ensure all the activities are performed within the applicable local and global regulatory guidelines and policies framed by the bank.
Understand the need of the Business Partners and ensure continuous support to handle process enhancement and increase in volumes.
To have tight control over the reconciliation and any exceptions related to settlement, accounting, and documentation and ensure timely escalation to the Higher Management
Ensure no operational risk by introducing efficient control in the department on a continuous basis. Timely reporting of various MIS and regulatory reports.
Ensure sufficient back-ups are created.
Efficiency in handling volumes, error free processing and settlements - Ensuring proper controls
monitored to have error-free processing, settlements and reporting. Increase in volumes to be managed
well within the standard processing time. Ensure that all the transactions are processed & settled within the
prescribed time limits.
Reconciliations - Perform all types of reconciliations, monitor controls, and escalate exceptions, breaks
breaks and aged items and ensure appropriate action is taken for resolution. Reconciliations like, Nostro
(FCY & INR), SGL & Demat Account, Brokerage, Front-Back office transaction & Position recon, and any
other reconciliations as applicable.
To ensure accounting entries are posted for all transactions, control accounts or any other balance
sheet, profit and loss accounts assigned are reviewed as applicable and sign off as appropriate.
Turn Around Time (TAT) - Internal and External - Controlling the TAT's of the tasks (Internal, External or
customer related) and ensuring activities are completed as per the agreed Standard TAT's. Periodic review of
the TAT's for improvement.
Audits - To provide evidences sought by various audits (Concurrent, Statutory, Internal, Group
Internal Audit, Regulatory Audit team etc). Ensure all the requirements are furnished within the time frame and
the data/information is validated before submission and ensure satisfactory audit results are achieved.
Review and Control - Continuous review of operational process to identify any Operational Risk and ensure timely escalation to Supervisor/Manager to implement of tight controls to
avoid any operational risk. Identify Operational Risk factors and to take preventive measures to avoid
operational loss, (actual and potentials) and maintain all audit trails.
Risk Controls - Identify risk in the present processes and get efficient checks and control built in to mitigate
them. Ensure manual activities/processes are automated.
Regulatory Requirements - Ensure full compliance of all regulatory policies, circulars, guidelines or any
Internal Policies - Coordinate with all business partners & stake holders to prepare internal policies for
products that are supported and introduced.
Process Manuals - To ensure department has Standard Operating Procedure manuals for all products and
review them periodically to incorporate latest process and regulatory guidelines.
Business Continuity Plan (BCP) - To ensure BCP plan is up-to-date for the department/teams and participate in periodic testing in consultation with BCM. Support day to day activities at the BCP site in event of a crisis.
Effective coordination with the stake holders - To have effective coordination with Business partners,
Treasury Dealing Room, Finance, Credit, Compliance, HR, Administration including external agencies like
RBI, FIMMDA, FEDAI, CCIL, Clients etc. Ensure to provide superior service to internal and external clients.
Systems / UAT- Actively involve in the projects, end to end UAT process and promoting the tested products into production.
Process Improvement Projects or other initiatives - Handle process improvement project to increase the efficiency and productivity for the department. Identify scope for such projects brainstorm as applicable and coordinate with the Process Improvement Project Manager to understand the requirement and ensure adherences. Ensure successful completion of such project/PEX initiatives. Ensure to implement global/regional initiatives successfully
Regulatory- To ensure error free and timely submission of regulatory reports, comply with regulatory
monitoring requirements and ensure the all system and procedures are will compliant to all regulations. To
ensure adherence to all regulatory/internal guidelines while submitting data/information to the RBI Inspectors.
MIS Reports - To publish periodic MIS, Volume, Productivity, New Business, regulatory changes, System requirements etc., to Senior Management.