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17/08 Shabana Khan
Recruitment Consultant at Banking & Insurance

Views:525 Applications:47 Rec. Actions:Recruiter Actions:9

Manager/Senior Manager/AVP - Forex Dealer - BFSI (5-12 yrs)

Mumbai Job Code: 1141251

Job Role/Title: Dealer-Forex Dealer

Department: Treasury Front Office

Location: BKC, Mumbai

Reports To (Role): Head Treasury/ Chief Dealer


As a Forex Dealer the role will be

- To develop a Trading strategy to maximize income out of trading in USD/INR and Cross Currency pairs.

- Understanding of Fundamental and Technical aspects for taking trading positions in Forex Market.

- To develop new products, business relationships and enhance existing relationships.


- Taking Proprietary trading position in USD/INR and cross currency pairs to achieve the targeted income.

- Quote Forex rate to merchant and cover the position in the interbank market.

- Maintain net overnight open position and AGL as per Bank's prescriptions.

- Hedging FCNR (B) in forex forward market using appropriate products.

- Liaison with internal and external stakeholders.

- Increase wallet share of the bank through customer transactions.

- Hedging of PCFC. Borrowing and lending in Foreign currency.

- Prepare Card rate and circulate to concerned departments.

- Manage Nostro balances to ensure maintenance of optimum balances.

- Manage fund flows and getting it tallied with Treasury Back office.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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