UPL - Treasury Middle Office Analyst - Market Desk Exposure

Job Title: Treasury Middle Office Analyst (Market Desk Exposure)

Function: Finance / Corporate Treasury

Role Purpose:

The Treasury Middle Office role supports the Front Office / Market Desk by ensuring robust governance, controls, risk monitoring, and reporting across treasury and market activities. The role acts as a critical link between the dealing desk, back office, finance, and risk functions.

Key Responsibilities:

Treasury Operations & Market Support

- Support treasury market desk activities including FX, interest rate, liquidity, and funding transactions.

- Validate and independently confirm deals executed by the Front Office for accuracy, limits, and compliance.

- Ensure timely capture of trades in treasury systems and coordinate settlement with Back Office

Risk Management & Controls

- Monitor market risk (FX, IR, commodity), counterparty risk, and liquidity risk against approved policies and limits.

- Prepare daily/weekly reports on respective portfolios & their exposures, VaR/sensitivity, mark to market (MTM), and limit utilization.

- Escalate breaches, exceptions, and emerging risks to Treasury Head / Risk Committee.

- Support stress testing, sensitivity analysis, and hedge effectiveness assessments.

Reporting & Analytics

- Prepare MIS for senior management covering treasury positions, P&L attribution etc.

- Assist in month end and quarter end treasury close processes, including MTM validation and accounting coordination.

Policy, Governance & Compliance

- Ensure compliance with internal treasury policies, delegated authority matrices, and regulatory requirements.

- Support audits (internal, statutory) and contribute to strengthening treasury controls and documentation.

Stakeholder Management & Systems

- Act as an interface between Front Office, Back Office, Finance, Risk, Banks, and Auditors.

- Coordinate with banks for confirmations, limits, and operational issues when required.

Qualifications & Experience:

- MBA (Finance) / CFA / FRM/Masters in Statistics/Data Science or equivalent qualification preferred.

Internal:

- Experience in Corporate Treasury, Treasury Middle Office, Bank Treasury, or Market Risk.

- Hands on exposure to treasury instruments such as FX (spot, forward, swaps), IR derivatives, and hedging structures.

Key Skills & Competencies:

- Strong understanding of financial markets, treasury products, and risk management concepts.

- High attention to detail with a strong control and governance mindset.

- Advanced Excel skills: exposure to Bloomberg/Reuters, or equivalent market systems is an advantage.

- Strong analytical, communication, and stakeholder management skills.

- Ability to work closely with the market desk while maintaining independence and objectivity.

Role Outcomes:

- Accurate and timely validation and reporting of treasury deals and exposures.

- Zero material control breaches or audit issues.

- High quality risk insights supporting informed treasury decision making.

- Effective collaboration with the market desk without compromising governance.