Treasury Manager

Position Purpose

We are seeking an experienced Forex Dealer to join our Treasury team. The ideal candidate should have a strong understanding of foreign exchange markets, foreign remittance procedures, SWIFT operations, and managing treasury forwards and derivative contracts. This role requires close coordination with banks, clients, and internal departments/ branches to ensure efficient and compliant forex transactions.

Job Specification

• Manage and monitor foreign currency exposures and hedge positions using forward
• contracts .
• Handle inward and outward foreign remittances, ensuring compliance with FEMA,
• RBI guidelines, and internal policies predominantly towards education remittances
• and tour payments.
• Coordinate with banks for execution and settlement of forex transactions.
• Operate and monitor SWIFT transactions, including preparation, validation, and
• authorization of messages
• Track and report forex market movements, provide updates to management, and
• support in currency risk management strategies.
• Prepare documentation for forex contracts, including forward booking and extension,
• cancellation, and early delivery.
• Ensure timely reconciliation of forex trades, remittances, and treasury positions
• Maintain records and MIS for forex trades, exposures, and hedging activities.

Skill and Qualification

• Sound knowledge of forex markets, currency derivatives, and treasury instruments
• In-depth understanding of foreign remittances and FEMA guidelines.
• Proficiency in SWIFT operations
• Experience in handling forward contracts and treasury risk management
• Working knowledge of treasury/forex platforms
• Ability to work under pressure in a fast-paced environment.

KPIs (Key Performance Indicators)

• Accuracy in Forex Deal Execution
• Timeliness of Foreign Remittances
• Forward Contract Management
• SWIFT Message Accuracy
• FX Exposure Monitoring & Reporting
• Regulatory Compliance
• MIS and Reporting Timeliness
• Interdepartmental & Bank Coordination
• Cost Optimization in Forex Dealing
• Audit & Internal Control