Sales Dealer- FX & Liability Business
Job Description
Job Purpose
• Service assigned corporate accounts, book targeted corporate accounts and originate deal flow for the FX, derivatives business to meet assigned objectives.
• Increase Liability pools for the bank by adding products and counterparties
Key Result Areas
• Service assigned top tier corporate accounts as well as other desk accounts to achieve individual and team targets.
• Strategize, develop and execute game plan for the FX and Liabilities business in order to meet assigned objectives.
• Create FX / Interest Rate and Hybrid derivative structures. Disseminate dynamics of created structures to team members.
• Service the Money Market / ALM desk in order to act as back-up.
• Maintain agreed calling program to ensure adequate client coverage.
• Develop counterparty relationships to ensure competitive prices on FX, derivative and liability products.
• Adhere to all dealing room and credit limits so that no unauthorized exposure is taken.
• Maintain code of dealing ethics and conduct to achieve industry standards
• Contribute to the Bank’s financial planning, forecasting and budgeting processes
• Comply with RBI regulations to ensure that there are no violations. Also adhere to directions from other regulatory bodies like FEDAI, FIMMDA, CCIL, SEBI etc.
• Develop technical know-how to keep abreast of latest product development in the FX, derivatives and futures area in order to service clients
• Operate within designated limits to ensure bank exposure is kept at defined levels
• Train new hires in accordance with established procedures to meet the desk requirements
Knowledge, Skills and Experience
• MBA / CA with 5-10 years relevant experience in Treasury Sales business
• Strong quants orientation
• Excellent interpersonal, communication, lateral thinking and analytical skills with ability to perform as a team player