UPL – Treasury Middle Office Analyst – Market Desk Exposure UPL

The Corporate Institute; Mumbai; On-site; INR 850,000 - 1,200,000; Full time

Job summary

The Corporate Institute is seeking a Treasury Middle Office Analyst (Market Desk Exposure) to support the front office and risk governance. You will act as a bridge between the dealing desk, back office, finance, and risk functions, ensuring robust controls and timely reporting.

Key responsibilities include monitoring market risk, validating trades, and coordinating settlements while supporting stress testing and hedge analysis to provide senior management with accurate insights.

Qualifications

• MBA or equivalent in finance/quantitative field.
• Experience in Corporate Treasury or Market Risk preferred.
• Hands-on with FX, IR derivatives, and hedging structures.

Responsibilities

• Support Front Office/Market Desk governance, controls, and reporting.
• Validate deals and ensure accuracy, limits, and compliance.
• Monitor market risk, prepare daily/weekly risk and MTM reports.
• Coordinate settlements with Back Office and banks; assist audits.

Skills

Treasury knowledge

Market risk

Analytical skills

Stakeholder mgmt

Education

MBA (Finance) / CFA / FRM / Statistics/Data Science

Tools

Bloomberg

Reuters

Job description

Job Title: Treasury Middle Office Analyst (Market Desk Exposure)

Function: Finance / Corporate Treasury

Role Purpose:

The Treasury Middle Office role supports the Front Office / Market Desk by ensuring robust governance, controls, risk monitoring, and reporting across treasury and market activities. The role acts as a critical link between the dealing desk, back office, finance, and risk functions.

Key Responsibilities:

Treasury Operations & Market Support:

• Support treasury market desk activities including FX, interest rate, liquidity, and funding transactions.
• Validate and independently confirm deals executed by the Front Office for accuracy, limits, and compliance.
• Ensure timely capture of trades in treasury systems and coordinate settlement with Back Office.

Risk Management & Controls:

• Monitor market risk (FX, IR, commodity), counterparty risk, and liquidity risk against approved policies and limits.
• Prepare daily/weekly reports on respective portfolios & their exposures, VaR/sensitivity, mark – to – market (MTM), and limit utilization.
• Escalate breaches, exceptions, and emerging risks to Treasury Head / Risk Committee.
• Support stress testing, sensitivity analysis, and hedge effectiveness assessments.

Reporting & Analytics:

• Prepare MIS for senior management covering treasury positions, P&L attribution etc.
• Assist in month end and quarter end treasury close processes, including MTM validation and accounting coordination.

Policy, Governance & Compliance:

• Ensure compliance with internal treasury policies, delegated authority matrices, and regulatory requirements.
• Support audits (internal, statutory) and contribute to strengthening treasury controls and documentation.

Stakeholder Management & Systems:

• Act as an interface between Front Office, Back Office, Finance, Risk, Banks, and Auditors.
• Coordinate with banks for confirmations, limits, and operational issues when required.

Qualifications & Experience:

• MBA (Finance) / CFA / FRM/Masters in Statistics/Data Science or equivalent qualification preferred.
• Experience in Corporate Treasury, Treasury Middle Office, Bank Treasury, or Market Risk.
• Hands – on exposure to treasury instruments such as FX (spot, forward, swaps), IR derivatives, and hedging structures.

Key Skills & Competencies:

• Strong understanding of financial markets, treasury products, and risk management concepts.
• High attention to detail with a strong control and governance mindset.
• Advanced Excel skills: exposure to Bloomberg/Reuters, or equivalent market systems is an advantage.
• Strong analytical, communication, and stakeholder – management skills.
• Ability to work closely with the market desk while maintaining independence and objectivity.

Role Outcomes:

• Accurate and timely validation and reporting of treasury deals and exposures.
• Zero material control breaches or audit issues.
• High – quality risk insights supporting informed treasury decision – making.
• Effective collaboration with the market desk without compromising governance.