Job Description for VP Treasury - Treasury Mid Office and Treasury Back Office - Mumbai

Job Title : VP Treasury

Department : Finance / Treasury

Reports to : Chief Financial Officer (CFO) / Group Treasurer

Location : Mumbai

Experience Required: 10+ years in Treasury, with strong exposure to ALM, ALCO, and Treasury Operations, Treasury Complainces and Policies

Job Purpose:

- The Head of Treasury is responsible for leading the organization's treasury function, focusing on liquidity management, balance sheet strategy, risk management, ALM, and operational efficiency. The role includes active participation in ALCO, formulation of treasury strategy, managing treasury operations, and ensuring regulatory compliance.

Key Responsibilities:

1. ALM & Balance Sheet Management

- Develop and implement robust ALM frameworks to manage interest rate risk, liquidity risk, and funding risk.

- Analyze asset-liability mismatches and recommend corrective actions.

- Monitor market trends, interest rate movements, and liquidity positions.

- Support strategic planning with stress testing and scenario analysis.

2. ALCO Participation & Reporting

- Act as a key member of the ALCO, preparing high-quality reports and providing insights for decision-making.

- Present ALM analytics, funding strategies, and risk assessments to the ALCO and senior management.

- Ensure accurate and timely submission of ALCO packs and related MIS.

3. Treasury Operations Management

- Oversee end-to-end treasury operations including cash management, interbank placements, borrowings, and investments.

- Ensure efficient utilization of liquidity across the group entities.

- Supervise treasury back-office activities such as settlements, confirmations, reconciliations, and documentation.

- Implement and maintain treasury systems (TMS) and automation tools to enhance efficiency.

4. Risk Management & Compliance

- Ensure compliance with internal policies, central bank regulations, and international best practices.

- Manage interest rate, liquidity, FX, and counterparty risks within approved risk appetite.

- Monitor covenants and manage relationships with banks and rating agencies.

5. Strategic Funding & Capital Planning

- Evaluate and recommend funding strategies including debt issuance, bank lines, and structured products.

- Lead initiatives for optimizing capital structure and funding costs.

- Manage relationships with lenders, investors, and financial institutions.

Key Skills and Competencies:

- Strong expertise in ALM and liquidity risk frameworks.

- In-depth understanding of treasury operations and financial markets.

- Solid understanding of Basel III/IV, IFRS, and central bank regulations.

- Advanced analytical and financial modeling skills.

- Excellent leadership, communication, and stakeholder management abilities.

- Experience in using Treasury Management Systems (e.g., Murex, Quantum, Finastra, etc.)

Qualifications:

- Master's degree in Finance, Economics, or related field.

- Professional certifications like CFA, FRM, ACT, or CTP preferred.

- Minimum 10 years of experience in treasury, with at least 3-5 years in a leadership role.

Preferred Background:

- Banking, NBFC, Financial Services, or Corporate Treasury in large conglomerates.

- Demonstrated experience in ALCO/ALM committee roles and strategic treasury planning.