Head Treasury:Treasury_AFL

Axis Finance Limited; India; On-site; INR 2,000,000 - 3,000,000; Full time

Job summary

A leading financial institution in India is seeking a Head Treasury to ensure optimal liquidity and develop strategies for managing costs of funds. The role requires overseeing relationships with investors and regulators, implementing financial policies, and actively managing risks. Ideal candidates will possess experience in treasury functions, a strong grasp of regulations, and a proven ability to evaluate and enhance financial systems. This position offers significant responsibility in aligning financial strategies with business needs.

Qualifications

• Proven experience in treasury functions and financial management.
• Strong understanding of regulatory frameworks like RBI and SEBI.
• Ability to develop and implement strategic financial policies.

Responsibilities

• Ensure liquidity for business while minimizing risk exposure.
• Design and oversee treasury function strategy.
• Manage relationships with institutional investors and regulators.

Skills

Liquidity management

Hedging strategies

Relationship management

Financial systems evaluation

Regulatory compliance

Job description

Role description

• The 'Head Treasury' position is primarily responsible for ensuring liquidity for business requirements including a buffer for stress events and at the same time delivering lower cost of funds for different businesses on a continual basis and achieving maximum net interest margin for the business, while ensuring minimal risk exposure from market amidst regulatory changes.
• Design, implement and oversee the strategy for treasury function with an aim to provide optimal liquidity, maintain cost of funds at a competitive cost – as per AOP and market benchmarks.
• Develop hedging strategies to manage interest rate risk.
• Represent the organization to Institutional Investors (Mutual Funds / Insurance / Others), Banks, Rating Agencies (to maintain 'AAA' rating of the NBFC), Auditors, Regulators and ensure strong relationships are maintained.
• Define strategies for optimum mix of borrowing between money market and banks to optimize cost of funds with desired structural liquidity to ensure no due risk.
• Develop alternative channels for funding the balance sheet like external commercial borrowings, retail bonds etc. to augment resources & maintain balance of funding through strategic assignment structure for long term and low return businesses to lower dependency on one kind of resource.
• Strategize internal engagement structure through asset liability committee, investment committee and meetings with business heads etc. to address the pricing and other issues.
• Plan augmentation of total borrowings of the firm by maintaining an optimal mix of core and supplementary capital to lower the burden on core capital.
• Experience in setting up policies and processes compliant with RBI/SEBI guidelines and standards.
• Ability to evaluate complex financial systems and efficiently formulate and install methods, procedures, forms and records.
• Member of ALCO and investment committee meetings, report minutes to the board to get approval on investment guidelines.
• Oversee to ensure timely mobilization of funds, utilization of core capital and augmentation of tier II capital aligned to needs of the businesses.
• Active liquidity management to ensure optimal use of funds, creating trading strategies to generate trading income through bonds & equities.