Risk & Treasury Manager recruitment
An MNC Corp: Corporate Treasury post with competitve package
Treasury Operations
♦ Maintain cordial banking relationships with Foreign Local banks.
♦ Working capital funding management – arrangement of loans / entrustment loans with the local / foreign banks.
♦ Monitor and arrange bank loan drawdown / rollover / repayment as per working capital requirement forecast ensure payments of interest etc. is on time and there is no default in payments of loans / interest
♦ Monitor bank balances Cash flow on daily basis – ensure optimum cash/working capital utilization.
♦ Monitor oversee the FX market and maintain a trend line for the currency movements, premium rates etc.
♦ Ensure the best FX rates are available for any FX contract – hedging or spot rates.
♦ Manage FX - import payments / exports collections according to SAFE regulations and other regulations
♦ Monitor bank statements to ensure that the transactions are in order and there are no unexplained entries.
♦ Support the business operations - in instruments like demand drafts, bank acceptance drafts, LC etc. at best possible rates with the bank.
Risk Management
♦ Monitor daily futures margin money calls / call back on the local commodity exchange to ensure no unutilized balance exists over and above the agreed margin %
♦ Report daily on the positions taken on the exchange for the futures businesses – cross check with brokers statement on daily basis
♦ Check the monthly futures recon – brokers vs books and ensure the recon is completed on monthly basis
♦ Monitor and control FX / Currency Risk to ensure the exposure are within limits approved by head office on weekly basis.
♦ Monitor other risks in business as defined from time to time.
Only Shortlisted candidates will be notified, information will only be used for recruitment purpose.