Vice President - Forex Clearing & Settlement - Bank

Urgent Opening for a VP Forex Settlement in a clearing & settlement Org

Experience : Experience of at least 22 years in the front office and back office of the treasury in Foreign Exchange area preferably in a bank.

Skill, Knowledge & Trainings :

Technical :

- Full knowledge of all Forex instruments (including Forex derivatives), operations and accounting, regulations, etc.

- Should understand the Forex retail/corporate concept, and be able to take independent charge of the development of retail platform.

Key Responsibility :

- Coordinate and manage all operations for clearing and settlement of Forex (USD-INR Settlement, Forex Forward and CLS)

- Coordinate and control all operations for Trading Platforms (FX-Clear, FX-Retail and FX- Swap),

- Manage the Sales & Marketing of Forex platforms (including FX-Retail) and other forex products in the department.

- 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