About Balancehero:

Balancehero India Pvt. Ltd. (BHI) is the wholly owned subsidiary of Balancehero Co. Ltd., Korea, which operates the mobile app True Balance a one-stop destination for financial services.

Founded by Charlie Lee in Korea in 2014, Balancehero began operations in India in 2016 as a balance check application. Since then, it has evolved into a comprehensive financial services provider, building a platform for the next billion, offering loans, utility services, pay-later options, and commerce services.

BHIs wholly owned subsidiary, True Credits Private Limited, is a licensed NBFC committed to bridging Indias financial gap by making credit accessible to all.

About True Balance:

True Balance, owned and operated by the BalanceHero Group, is an RBI-authorized Prepaid Payment Instrument (PPI) issuing entity. Through its subsidiary True Credits Private Limited (RBI-licensed NBFC) and other RBI-approved partners, it offers a range of financial services, including instant loans, utility bill payments, and mobile recharges.

Launched in India in 2016, True Balance has grown into one of the countrys leading financial services platforms, with more than US$84 million in equity funding from marquee global investors such as SoftBank, Naver, and Line. Its mission is to become the go-to financial platform for the next billion Indians, supporting the Digital India initiative and driving financial inclusion for the unbanked and underbanked.

Website: www.truebalance.io

About True Credits:

Established in 2019, True Credits is an RBI-licensed NBFC providing innovative, fast, and hassle-free financing solutions for personal and business needs. With a focus on unbanked users, True Credits addresses the growing demand for instant credit services in India.

Treasury (Mid Office)

1. Treasury Documentation & Deal Support:

- Manage end-to-end documentation for NCDs (Non-Convertible Debentures), Commercial Papers (CP), and loan agreements with banks, NBFCs, and other investors

- Negotiation of documentation with lenders / investors, coordinate with legal, compliance, and external counsels for transaction execution

- Maintain a documentation repository and ensure timely renewals

2. Covenant Monitoring and Compliances:

- Own end-to-end covenant tracking and monitoring for all borrowing instruments (NCDs, CPs, loans, etc.).

- Maintain covenant compliance tracker and ensure timely submission of deliverables (financials, reports, certificates) to lenders, investors and debenture trustees

- Collaborate with finance, legal, and business teams to ensure adherence to all financial and non-financial covenants

3. ALM & Risk Management:

- Assist in Asset-Liability Management (ALM) analysis and scenario-based stress testing.

- Prepare and file ALM returns as per RBI guidelines.

- Conduct ALCO meetings and prepare with relevant data, insights. Highlights Treasury risks (Liquidity risk, Interest rate risks, foreign exchange risks etc.) and suggests appropriate risk mitigation plans

3. Regulatory & Compliance Monitoring:

- Ensure compliance with RBI, SEBI, and Companies Act norms related to treasury operations with relevant support from compliance and secretarial function. .

- Track compliance for borrowing limits, ISIN utilization, credit ratings, and board approvals.

- File RBI returns (e.g., ALM, Structured Liquidity Statements, Securitization filings if applicable).

4. Cash Flow & Fund Planning:

- Monitor short-term and long-term cash flow positions, track repayments, disbursements, and inflows.

- Support preparation of daily/weekly fund utilization reports, forecast gaps, and manage working capital needs.

- Liaise with business and finance teams to align treasury planning with operational needs.

- Manages treasury surplus by investing in FDs / Mutual Funds etc. in accordance with investment policy and liquidity needs of the organisation

5. Treasury Controls & MIS:

- Reconcile deals, rates, and limits with the front office; escalate discrepancies proactively.

- Prepare and circulate periodic treasury MIS reports (fund utilization, borrowing cost analysis, pipeline tracking).

- Maintain trackers for sanctions, drawdowns, repayments, and covenants.

Candidate Profile:

- Qualified CA / MBA

- 4-5 years of experience in Treasury Mid Office roles within NBFCs / corporates / BFSI sector.

- Strong working knowledge of NCD/CP documentation, loan agreements, treasury operations, and RBI compliance.

- Familiarity with ALM frameworks, RBI reporting (ALM returns), and treasury risk management practices.

- High attention to detail, documentation skills, and ability to coordinate across internal and external stakeholders.

- Proficiency in MS Office / Google Workspace

Key Skills:

- Deep understanding of NBFC treasury operations and regulatory environment

- Strong coordination and communication skills

- Analytical thinking and financial acumen

- Process orientation with control mindset