Senior Analyst - Treasury Operations

Idfc First Bank Limited; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Idfc First Bank Limited is seeking a Senior Analyst – Treasury Operations in Mumbai to manage FX transactions, validate deals, and coordinate settlements. The role requires understanding of Forex, regulatory guidelines, and CCIL reporting, with emphasis on accuracy and timeliness.

The candidate will validate pre-deal requirements, prepare confirmations, and ensure compliance across the desk while communicating with stakeholders in a regulated environment. 0–5 years in banking is suitable.

Qualifications

• Graduation in B.Com / B.Sc / BA / BBI / BMS.
• Post-graduation MBA / M.Com / MA is preferred.
• 0–5 years of banking experience.

Responsibilities

• Deal validation for FX products including CTS/Forwards/Loans and deposits.
• Process settlements for client transactions and confirm cash flows.
• Prepare and issue deal confirmations with relevant clauses.
• Ensure timely and accurate reporting from systems or manually.
• Communicate with stakeholders to coordinate daily activities.
• Operate under regulatory guidelines and internal SOPs.

Skills

Forex knowledge

Regulatory compliance

Deal validation

Settlement processes

Interbank & Merchant FX

Stakeholder communication

Education

B.Com / B.Sc / BA / BBI / BMS

MBA / M.Com / MA

Job description

Job Requirements

Role/ Job Title: Senior Analyst – Treasury Operations

Function/ Department: Wholesale Banking Operations

Job Purpose 'The candidate will be responsible for processing the Treasury Fx and Merchant transactions, mainly comprising Interbank and Merchant FX transactions. All these transactions require scrutiny in line with extant regulations and internal SOPs before validation. As a prerequisite for the role the candidate needs to have good understanding of the Forex, regulatory guidelines, relevant clauses in the back paper used for validation, settlements , Deal confirmations, CCIL reporting etc.'

Roles & Responsibilities

• Deal validation: The candidate will be involved in validation of all Fx products such CTS/Forwards/ Loans and deposits. All pre deal requirements need to be verified before processing the transaction. All deal parameters agreed by the front office with the counterparty should be verified before validation.
• Settlements: The candidate will be involved in processing of settlements relating to client transactions. The process involves preparing of settlement advice, getting the cash flows confirmed with the counterparty. The candidate will be responsible for accuracy and ensuring completion of all settlements due for the day in the system.
• Deal confirmation: Post validation, the candidate needs to prepare the deal confirmations for all transactions which contains the deal parameters and relevant clauses depending on the type of counterparty. The status of the confirmations is to be updated and monitored in the tracker.
• Reporting: This is a critical and time bound activity to be completed as per the timelines The candidate needs to ensure accurate reporting from the system or through manual reporting. The status of the reporting needs to be monitored for completion.
• Interaction: The candidate should have good communication skills to interact with all stakeholders for daily activities.
• Regulatory &Compliance - The desk works under a highly regulated and closely scrutinized environment. The candidate should be well versed with the extant guidelines, associated risk and mitigants.

Educational Qualification

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Experience: 0 to 5 years in Banking