Experience:
- Experience of at least 12 years in the front office and/or back office of the treasury in Foreign Exchange, Payment and settlement area preferably in a bank.
Skill, Knowledge & Trainings:
Technical:
- Fair understanding of Forex operations, Nostro Accounts, fund settlement of banks and customers, accounting, regulations, etc.
- Should have sound understanding of the IT framework of forex, payment and settlement business functioning and can lead the related business/projects
Behavioral & Leadership:
- Leadership skills, Team building and Team working
- User interactions management at senior level
- Good communication skills
- A team-player, able to work under tight deadlines and manage multiple concurrent projects
- Ability to priorities, work independently and exercise good judgment
- Proactive and solutions oriented
Job Purpose:
- The incumbent will have primary responsibility of managing forex payment and settlement operations, coordinate with various stakeholders including the Regulator, Member banks and other entities.
- The incumbent will have to Coordinate and manage the functioning of the payment and settlement systems at the GIFT City, Gandhinagar
Key Responsibility:
- Coordinate and manage all operations for clearing and settlement of Forex (USD-INR Settlement, Forex Forward and CLS)
- Coordinate and manage all operations for payment and settlement at the GIFT City, Gandhinagar
- Develop capabilities to handle clearing and settlement of new instruments
- Interact with the Regulators for necessary approvals and for reporting
- Interact with member banks and respond to all queries
- Handle documentation and correspondence
- Build/maintain relationships with members, regulators, etc.
- Coordinate with other departments where necessary
- Interaction with senior executives/ Directors of the Board etc. in a formal environment
Any other Requirement:
- This is a middle management position for shouldering responsibilities as part of leadership team and contributing to multiple areas related to Forex. Candidate will normally be working in general shift.
- However, based on the need of the hour, the candidate may have to extend his working hours.
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