sumitomo mitsui banking corporation smbc group 34280

▷ Urgent Search: AVP – Treasury FX Sales & Execution (Large Corporate) – Mumbai

Mumbai
December 6, 2024
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Deadline date:

Job Description

COMPANY OVERVIEW

Headquartered in Tokyo, SMBC is one of the largest Japanese banks by assets (with over ¥238,700 billion in total assets), with strong credit ratings across the globe. The bank offers personal, corporate and investment banking services to their customer network that extends across 39 countries and regions, 15 of which are in Asia. The Asia-Pacific regional headquarter, established in 2008, is based in Singapore. The bank’s presence in India was established in New Delhi in December 2012, in Mumbai in March 2017 and Chennai in November 2020. In India, SMBC concentrates on Wholesale Banking with a strong client base and coverage of global and local conglomerates and corporates. Its strong financials and worldwide operations provide clients with global solutions that makes SMBC the leading choice for businesses expanding around the globe, particularly in Asia.

OUR VALUES

Integrity || Customer First || Proactive & Innovative || Speed & Quality || Team“SMBC Group”

URL: www.smbc.co.jp/global and www.smbc.co.jp/asia/

Purpose of the position

– Marketing FX and derivative products to corporate clients.
– Execute FX and derivative deals with clients.
– Assist senior team members with their deal execution as well.
– Coordination with Business RMs to onboard new clients and grow Treasury Sales business.
– Prepare and send daily market report to clients.
– Prepare Treasury Sales MIS for management review.
– Coordination with Back office, Trade Operations to ensure smooth deal execution.
– Adherence with relevant RBI Guidelines and SMBC policies at all times.
– Anciliary activities on the desk, viz, preparing daily Board rates etc.

Job Responsibilities:

– Deal FX and derivative transactions with customers.
– Work closely with Trading team to ensure smooth execution.
– Ensure compliance with regulatory as well as internal (SMBC HO) guidelines at all times.

Skills & Qualifications:

– Good FX and derivative execution skills.
– Good understanding of client’s underlying FX exposures and marketing FX and derivative hedge solutions to corporate clients
– Maximum 5 years of total experience, out of which 1-3 years of relevant experience of executing & marketing FX products to clients.
– MBA or Chartered Accountant.
– CFA / FRM would be an added advantage.