Job description

Job Purpose:

• To lead, supervise and control the department’s daily functions in compliance with bank’s policies and procedures. To ensure timely and satisfactory completion of the department’s daily functions
• Display UAB values of Integrity, Customer focus, Competence, Consistency and Courteousness
• Timely reporting to concerned parties on all Operational Risk, Fraud and AML issues.
• An understanding on Risk Management obligation as a systematic application of management policies, procedures and practices to the tasks of identifying, analyzing, evaluating, treating and monitoring risk which helps to mitigate risks to acceptable levels of management.

Principal Accountabilities:

• Prepare operations guidelines and procedures for Treasury Back Office operations and reporting systems.
• Ensure timely verification of all transaction made by the Treasury Front Office and validated by Back Office.
• Ensure timely completions of payments and confirmations events in the treasury application system related to Foreign Exchange, Money Market and Derivative Operations.
• Independently vouch for the complete accuracy for various financial and regulatory reports submitted to concerned departments and ensure timely submission.
• Monitor the correctness of Mark-to-market revaluation of all derivative operations and capital market instruments and related entries.
• Independent Verification for correctness of the monthly accruals of interest and premium on derivatives and debt instruments.
• Ensure timely completion of various UAT for supporting IT / Business in Treasury related system developments.
• Periodical review and update of SOP and related policies and procedures, flow charts for any amendments and process enhancements made.
• Strict adherence of self and team to various Compliance, Regulatory, process related and internal disciplinary policies and procedures.
• Arranging and organizing team meetings, team events, team outings in co-ordination with the Unit Head.
• Ensure timely submission of RCSA
• Independent maintenance of error tracker for the team
• Implementation of effective “Daily Control and Functional Checklist (DCFC)

Job Requirements: (Qualification/Experience):

• Post Graduate preferably in Management and or Commerce, Accounting and Finance
• Minimum of 10 years of experience in Treasury Back Office operations including 4 years in supervisory capacity preferably in Banking sector
• Experience in Banking Operations.
• Specialization in settlement processes of various Treasury products including derivatives.
• Understanding of various documentations under Treasury (ISDA/ CSA/GMRA/ISMA).
• Exposure in maintaining relationship with correspondent Banking relationship within international Banks.