Treasury Dealer - Precious Metals Desk

RIverForest Connections Private Limited
  • Mumbai, Navi Mumbai
  • Confidential
  • 5-10 years
  • Views
  • 31 May 2019

  • Finance/ Accounts

  • Banking - Retail
Job Description

Job Description

  • The Dealer on the Precious Metals Desk is responsible for offering precious metals physical and hedging products and solutions to the defined customer segments of the bank.
  • Business delivery in terms of revenue and volume as per the budgeted plans.
  • Increase market and wallet share of Bullion business for the bank
  • Managing customer relationships
  • Managing treasury stock
  • Proprietary trading
  • Managing Gold Monetization Scheme in terms of cost of mobilization, deployment and replenishment.

  • Achieve the budgeted Revenue
  • Achieve the budgeted Revenue and Volume target at the customer and segment level for the customers allocated.
  • Increase Wallet share of the customers allocated
  • Maximize revenue from by capturing opportunities on customer flows in terms of pricing, orders ,Gold forward /USD INR rollbacks and rollover.
  • Managing treasury stock, thus augmenting revenue
  • Proprietary Trading

Risk Management and Risk mitigation

  • Effectively Manage price risk when quoting to customers.
  • Evaluate the Reputational and Legal Risk for the Bank on product offerings to customers in line with suitability and appropriateness policy.

Internal Processes & Regulatory Compliance/Relationship Management external and internal

  • Ensure fulfillment of all transactions in the given TAT, with zero error, while adhering to the process and policies of the Bank.
  • Hedging of all positions arising out of the transactions covered
  • Capturing all transactions in all the front office systems of the bank as per the policy
  • Ensure compliance with all internal / external guidelines, well versed with all guidelines pertaining to the Desk, ensure compliance with all the risk / credit limits pertaining to the desk activities.
  • Direct coverage of customers more at the operating level of the customer.
  • Build relationships at the relevant levels of the customers and leverage the relationships for enhanced business. The customers allocated to this role would be mostly simple customers with more transactional requirement.
  • Build relationships with overseas Bullion Banks and Suppliers.
  • Manage the internal stake holders, viz. relationship managers in various Business groups, Operations, etc. other units of treasury to achieve the objectives.

Skill Requirements
  • Aptitude and attitude to financial markets. Typically a Post Graduate/MBA in Finance, CA.
  • Proprietary trading abilities
  • Treasury product knowledge, including knowledge about pricing. Adequate knowledge of markets, with ability to interpret these data and use it for business opportunities
  • Compliance and TAT orientation
  • Eagerness to learn
  • Good communication skills
  • Strong analytical and mathematical acumen, data interpretation skills
  • Good Relationship skills & Team player
  • Regulatory knowledge
  • Grooming (critical as need to interact with external people in overseas)
  • Extremely high levels of integrity
  • Ability to Multi-task

Job Posted By

Kavita Shermon
Associate Director