Cross Currency Dealer
Total years of experience :6 years, 5 Months
Merchant covering (Rate Quote for I/W & O/W remittances for all kinds of Forex related transactions).
rate to merchants and covering the transaction on profitable rates. As a Dealer below is the snapshot of my work areas Trading in Currency Futures (USD/INR) Trading In Crosses. Crosses which include EUR, GBP, JPY and AUD. Hedging customer risks through derivatives. Profitably covering Merchant positions and maintaining Dealer Pad. Preparing Market Report/Views on Daily & Weekly Basis Handling Basic Front Office Operations Familiar with various Trading platform like - Barclays-Barx, JP Chase, Citi-Velocity, Bloomberg, Reuters (FXall), 360-T, etc. Funding of Nostro accounts, Gap management.
Identification of beneficiary details for Nostro credits and assigning credits to branch sol_id. Routing of swift messages to respective branch. Query Resolution / Follow-up for Unidentified and unreconciled transactions. Risk Management Analyst @ Risk Management Division, Andhra Bank (Mar 2011- Feb 2012) Worked as Credit Risk Analyst- Member of team responsible for implementing advanced risk management approaches (FIRB), calculation of CRAR, submission of important returns to RBI which includes XBRL, Board notes on ICAAP & NCAF etc. Scenario based Computation of Year-wise Capital required by the Bank under Basel III.
Development of J2ME data transfer applications, the extract client related data on PDA's(Personal digital assistants)