Job Category: Banking Jobs
Hiring For: IndusInd Bank
Job Location: Mumbai
Experience: 2 + yrs
Salary Upto: 15 LPA

Job Summary:
The candidate will be responsible for advising clients in the Emerging Large Corporates (SME), Agriculture, Education, and Healthcare sectors on currency risk management. This role involves providing tailored solutions to mitigate market risks, ensuring neutral or positive financial outcomes. The position requires effective management of currency positions, execution of Forex revenue through hedging strategies, and regular client engagement to support their financial stability and growth.

Key Responsibilities:

  1. Client Advisory & Risk Solutions
    • Offer expert advice and currency risk solutions to clients in the Emerging Large Corporates (SME), Agriculture, Education, and Healthcare sectors, leveraging analysis and hedging strategies for optimal risk management.
  2. Trade Processing & Client Inquiry Management
    • Handle client trade transactions and respond to inquiries from branches and business units (BU) with timely and effective resolutions.
  3. Currency Position Maintenance
    • Monitor and manage currency positions, ensuring proper coverage through coordination with the interbank desk.
  4. Deal Accounting
    • Execute accurate accounting for cash/tom/spot deals on the RET Fast Forex platform and forward/LTFX deals on OPICS and CALYPSO platforms.
  5. Revenue Execution & Interest Rate Swap (IRS) Hedging
    • Implement IRS hedging for Foreign Currency Term Loans (FCTL) and Working Capital Demand Loan (WCDL) products to maximize trade Forex revenue, collaborating closely with Business Units (BU).
  6. Client Relationship Management
    • Schedule and conduct regular meetings with clients to maintain strong relationships, providing on-site advisory to facilitate informed decision-making in risk management.

Qualifications:

  • Bachelor’s degree in Finance, Economics, or related field; advanced degree or certifications (e.g., CFA, FRM) is advantageous.
  • Minimum 2 years of experience in currency risk management, client advisory, and financial markets.
  • Proficiency in Forex trading platforms (e.g., RET Fast Forex, OPICS, CALYPSO).
  • Expertise in hedging strategies, especially with interest rate swaps and forward contracts.

Skills & Competencies:

  • Analytical and detail-oriented with a deep understanding of market dynamics in the SME, Agri, Education, and Healthcare sectors.
  • Strong client engagement and relationship-building skills.
  • Accuracy in trade entry and accounting, with proficiency in risk management tools.
  • Collaborative and able to work across teams and with external stakeholders.

Please fill out the below details and attach your resume. We will contact you shortly after you submit the application.

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