Leadership Hiring Manager at ICICI Bank Ltd
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ICICI Bank - Forex Dealer (3-12 yrs)
Forex Dealer
Job Purpose:
- Handle Forex (FX) Flows of Corporate Clients of the Bank having forex exposure
- Manage Client relationships through continued market coverage by operating from desk and engaging with clients over call
- Execute deals seamlessly and generate FX business thereby meeting FX Volume and Revenue targets
Area of responsibility:
- Regular engagement with clients to update them about current market, market developments and regulatory developments
- Responsibility of business development and deepening client relationships across clients
- Active monitoring of client portfolio and engaging with the client to rebalance their hedging portfolios based on market opportunities
- Generating ideas as per prevailing market conditions and suiting client requirements
- Regular review of portfolio to highlight areas of concerns and business opportunities with internal stakeholders (Sales RMs, Commercial Banking, Branches etc.)
- Identifying New client (NCA) for FX business by tracking capital and current account flows, Market data, Balance of Payment data, External & Internal database mining
- Keeping abreast of latest Economic and Market developments in both Interest rate and Fx markets
- Adhering to the desk processes, ensuring compliance with applicable regulations and internal policies and abide by all activities within the Dealer's code of conduct
- Contributing to rationalization of desk processes and taking up projects and new product development
Functional Skills:
- In depth knowledge of FX spot, tom, forwards and other FX and Interest rate products and exchange rate arithmetic
- Adept at dealing in foreign exchange
- In depth knowledge of regulations governing the FX Markets
- In depth knowledge of Indian and Global markets
- Adept at fundamental and technical analysis
- Good at client engagement and relationship management