Job closed
Job description / Role
- Overall responsibility of commodities operations relating to back office.
- Processing and handling currency transaction (FX & MM)
- Swift verification confirmation, Brokerage charges and settlement for commodity and currency trades.
- Processing and settlement of commodity Derivatives such as option, SWAPs
- Overall responsibility for developing the back office for the commodity & precious metals.
- Responsible for accounting, valuation and reporting relating to commodities and currency operations.
- Ensuring efficient handling of physical metal movements, ensuring compliance of requisite collateral.
- Monitoring utilization of various credit limits, reviewing of exception reports, issuing margin calls, ensuring that calls are topped up within grace period.
- Ensuring enquiries regarding shipment status are appropriately handled and stock records are updated in a timely and correct manner.
- Customer services such as daily deal confirmations, statements, handling customer queries, advising customer balances, account status etc.
- Ensuring that stock transfers are properly documented.
- Reconciliation and balancing of related general ledger and sub-ledgers relating to commodities and currency operations.
- Handle functional requirements of related IT system
- Checking daily the Reuters control copy
- Rate and Revaluation uploading and Forex / Ozs. Limit update
- Day to day operational activities relating to commodities and currency operations
Requirements
- Professional qualifications in Finance/ Accounts /CA/ equivalent
- Should have experience of 3+ years in Treasury Back Office Operations preferably handling commodity and Precious metals.
- Sound knowledge of Treasury functions and products
- Knowledge in derivatives operation would be an added advantage Expertise in using MS Excel, MS Access and MS PowerPoint.
- Should be well conversant with software related to precious metals.
- Good communication and presentation skills.
About the Company
wowJobs aims to build a company with the largest number of recruiting consultants in one location. We believe that by doing so, we will be able to effectively invest in training and skilling our teams thereby ensuring that our company is trusted both by job providers and job seekers as a one stop solution for talent needs across industry verticals. We also believe that by doing so we would be able to deliver better than industry returns to all our stake holders.