Senior Manager-Forex Risk Analyst/Consulting @ Mecklai Financial

Job Description

for Senior Manager-Forex Risk Analyst/Consulting
Location Mumbai, managing South India business
Experience Minimum 5 to 7 years
TCTC 12 15 LPA

Job Summary
Deliver high quality advisory services on FX markets to clients, helping them manage FX risk.
o Analyse the business and risk profile of corporate clients and articulate
strategies for managing their FX risk; use this understanding to provide
recommendations and support of the clients risk management team.
Client-facing involving considerable interaction with each clients treasury team, CFO and other stake holders.
Selling our services
Client acquisition requires in-depth understanding of market risk and its implication on business cash flows and profitability, and, of course, high intensity communication and follow-up.
o Undertake cross-selling of all our services, including Advisory Support, Risk Management Policy formulation, Policy review, Online MIS service, Mecklai Risk Manager (MRM, a treasury tech solution), Trade Finance services, Currency futures, Derivative Valuation and Hedge Accounting, etc.
Regional development
o Work closely with our Bangalore and Chennai branches to expand South India by acquiring new clients, and upgrading our existing relations by delivering higher-end services. It will require frequent travel to the region to meet the
team, existing clients and prospects.

Duties and Responsibilities
You will need to track financial markets (primarily FX but also allied markets, like commodities, equities, etc.) and develop currency views and strategies for both short
and long tenors for USDINR and all other major currencies
o Translate these views to actionable hedging/trading strategies, customized to specific client requirements
Drive and close sales of services offered by Mecklai from self-generated leads. As required, your reporting manager will provide support in this.

Call clients regularly as per agreed charter (daily, fortnightly, monthly, etc.) and build the relationship to where you become their extended market risk support partner.
End-To-End responsibility for clients, including invoicing, renewal of accounts, finding ways to increase fees, and steadily enhancing the quality of service delivery
Participate in and provide inputs for internal training sessions for knowledge sharing with the team.

Skills and Qualifications Required
MBA in Finance/CFA/FRM.
Minimum 5 to 7 years of experience.
Strong relationship skills; ability to build sustainable bridges with clients; ability to manage currently small staff in South India (3 people) and to recruit and manage more staff as the business grows Practical domain expertise in currency markets; knowledge of financial products like forwards, options, swaps, etc.
o Ability to focus on and understand each clients business looking at several issues, including, sales cycles, pricing issues, working capital constraints, business margins, etc.
o Thorough knowledge of fundamental and technical analysis.
o Complete ease with regular-use programs like Microsoft Excel, Word, Google spreadsheets, etc.
Strong communication (written/oral) skills.
Enthusiasm about working with internal teams

Employement Category:

Employement Type: Full time
Industry: Financial Services
Role Category: Risk / Underwriting
Functional Area: Not Applicable
Role/Responsibilies: Senior Manager-Forex Risk Analyst/Consulting

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Keyskills:   hedge accounting derivative valuation forex risk analyst/consulting trade finance services currency markets fx risk analysis risk management policy formulation fx markets