JOB DESCRIPTION of DM-I/DM-IIJob Title: DM-IDepartment: Forex SettlementReports to: SVP/VP/SM Experience:Work experience of a minimum of 5 years preferably in a Bank or Financial institution.
Experience of Foreign exchange markets including Forex Back-office processing in banks would be preferred.Required Qualification: Graduation degree in any discipline from a recognized universityPreferred Qualification: The ideal candidate should be a Graduate in commerce with Higher educational qualification like MBA, CA, FRM, CFA, M.Com. etc.Skill, Knowledge & Trainings:1. Knowledge of financial markets preferably Foreign Exchange
2. Service oriented attitude
3. Ability to prioritize and multitask
4. Sound working knowledge of MS Word, MS Excel and PowerPoint etc.
Core Competencies:
Pleasing personality, Adaptability, Time
management, Teamwork, good
interpersonal and communication skills.Functional Competencies:
The incumbent must have proficient
knowledge about the financial markets,
preferably in the field of foreign
exchange payment system operationsJob Purpose:
The position requires the candidate to work effectively as part of a team to ensure daily settlement activities of Foreign Currency Settlement System (FCSS) are completed in a time bound manner with no scope for error. The incumbent shall be posted at Gift City, Gandhinagar.
Area of Operations Key Responsibility
- Timely settlement Operations of FCSS.
- Daily Reconciliation of Nostro Accounts in Forex and CLS
- As per laid down procedure within the defined time limit
- Preparation of various MIS Report reports for Top Management and Regulators
- Preparation of various MIS reports in an accurate and timely manner
- Interact with Participants for resolutions of queries is any & Onboarding activity of new Participants in FCSS
- As per laid down procedure and polices.
- Liasoning with Settlement Banks As per laid down procedure.
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