Team Lead – Treasury Operations

12 - 20 Years

Job Description

Job Name Team Leader-TROPS
Business Unit (PA) : Operations
Reports to (job) : Unit Head-TROPS
Location of role : Mumbai
Role Type: Supervisory
No of direct reportees: 5 to 10

Job Purpose
This job exists in order to supervise the day to day operations of the various desk in Treasury operations processing and settlement. Operations involve deal validation; accounting, documentation and settlement. This also involves reporting of exceptions to seniors.

Job Responsibilities
Ensuring Tighter controls being plugged by revisit of the processes to eradicate loopholes in the process & incorporate automation & implement process laid down Major actionable of the JR 1
Overall monitoring of day to day activities on desk
Clean Audit Rating, Internal and External Audit criticisms and steps initiated to avoid recurrence, organize, BCP drill, Recruitment, job rotation.
Proper Record Maintenance / indexing for easy retrieval and warehousing.
Timely and appropriate escalation of issues and suggest probable solution
Ensuring Authorization of valid batches in system & accurate stock management.
No miss out of any transaction.
Check on any discrepancy / Issues in processing on the various desk.
Ensure Suspenses, Receivables and Payables, Routine accounts properly monitored and reconciled
Meeting with Clients, Relationship managers, Stamp authorities ,Treasury Front office on a regular basis to understand and ensure that their requirements are met
Cost savings and Vendor Management thru adequate stationary indent- Constantly working on Cost reduction.
Ensure proper development of Back up on Desk
Regular visit of various Circulars so that regulatory adherence on that front.
Co ordination with external Auditors, CCIL, RBI, FIMMDA etc.
Ensure BJR checking for reports.
Proper Call Back, Second verification for each activity on desk.
Monitoring TAT for various activities on desk, linked to external as well as internal Cut Off.
Ensuring MIS to be published to Department / senior management / external regulatory bodies / dept / BCU / Finance / Product to have effective control.
Ensuring all the dummy & GLs pertaining to unit are zeroing daily basis.
Ensuring timely Receipt/release of funds & status of cheques from Correspondent bank.
Ensuring receipt of all Confirmations.
Monitoring the operation activity and publishing regular MIS.
Reconciliation of Product suspense / receivable / payable accounts, central pool accounts/ system reconciliation / Retail dummy a/cs are zero wised.
Conducting regular Meeting with Staff and publishing MOM for the same.
Monitoring password sharing & password handover / take over activity adhere.

Support Function
Providing a support function for all issues / Queries of Business and Treasury.
Timely reply to queries / clarifications raised on Notes Mail / Escalation of issues.
Providing support to others functions of the bank for e.g. Treasury, Relationship Managers, CSDs.
Query Handling for all Business Units.
Acting as a one point contact for any customer related issues.
Other support functions / Implementation
Implementation of New client requirement.
Effectiveness of controls and Timely MIS Reporting.
Implementing new process which has been laid down.
Liasoning with concerned departments for e.g BPRG, Automation Unit, CCIL, RBI.
Training internal staffs and ensuring they are well motivated with staff welfare activity avoid late sitting & plan their leave accordingly.
Self update with trends / development happening in market & products offered by competitor banks.
Co-Ordination with various Units and Departments in order to proper functioning of Trops.
Effective Mentoring of all staff members.
Key functional and relational responsibilities
Timely settlement of Trades executed by customer as well as by dealers
Accurate reporting to RBI
Ensure settlement of funds to clients/counterparty Banks is done before cutoff time
Regulatory Reporting to RBI and other regulators is done before stipulated time
Ensure clean audit report of both internal and external auditors
Smooth coordination and cordial relationship maintained with dealers and all business verticals
Floor management and housekeeping
To ensure that there should not be any deal pending for reporting to CCIL
Meet all regulatory requirements from various agencies like FEDAI, RBI, FEMA, SEBI.

Educational Qualifications

NCFM Certification (Optional)
CAIIB (Optional)

Key Skills
Banking Product & Process Knowledge
Treasury Product and Regulatory Knowledge
Planning and Organizing Skills
Knowledge of Competition & Current trends in financial Industry.
Experience Required
Minimum experience in years 12 years and above
Exposure to banking preferable

Major Stakeholders(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties)
Business Teams
Product Team

Salary: Not Disclosed by Recruiter

Industry:Banking / Financial Services / Broking

Functional Area:Financial Services, Banking, Investments, Insurance

Role Category:Treasury

Role:Treasury Operations Manager


Desired Candidate Profile

Please refer to the Job description above

Company Profile

RiverForest Connections Private Limited

A Leading Private Sector Bank
View Contact Details+

Recruiter Name:Ms Prachi Singh

Contact Company:RiverForest Connections Private Limited