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Home Credit - Senior Manager - Treasury Risk (8-12 yrs)
Senior Manager - Treasury Risk
Treasuries deal with large sums of money on a daily basis and two of the key operational risks are fraud and error. We should ensure segregation of duties. The front-office and middle/back-office roles should be performed by different people who have different reporting lines. When considering how to prevent error or fraud, the principle is to involve several people and/or technology throughout the life cycle of a transaction in order to minimise the risk of fraud or undetected errors slipping through.
In treasury, traditionally, roles are separated between the front office, the middle office (predominantly in large organisations) and the back office.
Job Responsibilities :
1. Establish the unit
2. Take over process elements from Finance
3. BAU :
i. Ensuring that deals are transacted in accordance with authorisation rules
ii. Monitoring limits and reporting limit breaches
iii. Analysis and reporting of exposures
iv. Performance reporting and use of counterparties
v. Maintaining bank account and dealing mandates; and
vi. Processing and reconciling changes in standing data, such as standard settlement instructions
b. Back-office (administers and supports the front office) :
i. Confirm treasury transactions in a timely manner
ii. Settle deals when due
iii. Perform bank reconciliations in order to ensure all funds have moved as expected
iv. Account for transactions
v. Provide all necessary reporting where no middle office exists; and
vi. Supervise the functionality and controls established within the TMS.
Experience : 8-12 yrs and working as an Individual Contributor
Industry: From Banking/NBFC