Manager, Treasury Front Office Forex at Bank of Baroda (2023-12 – Present)
Execute proprietary trading strategies, managing USD 300–400 million in daily trading positions while optimizing risk-adjusted returns and ensuring disciplined risk management.
- Serve as a Position Dealer, managing merchant transaction flows and covering daily positions of USD 200–300 million while ensuring effective risk management, liquidity, and position balancing.
- Manage Forex rate quotations and execute strategic hedging transactions (Swaps, Forwards, Currency Futures, NDF) with market cover for corporate clients, while identifying arbitrage opportunities to enhance profitability and optimize risk management for the organization.
- Support Forex and Money Market Desks in ALM optimization through efficient forex fund borrowing and placements, enhancing liquidity management, strengthening LCR, and supporting effective HQLA utilization.
- Prepare the daily "Daily Market and Economic Update" bulletin, delivering treasury market analysis on global macro trends, FX movements, and central bank policies to support risk management and liquidity decisions.
- End-to-end management of Treasury Front Office functions, encompassing forex transactions, dealer operations, and client financial advisory.
- Facilitate MUR/INR forex rate provisioning to support cross-border UPI payments between India and Mauritius.
- Contributed to the large-scale implementation of Baroda FX One, Bank of Baroda's forex trading platform across 200+ branches, enabling straight-through processing (STP) for forex rate booking and client order placement, resulting in improved operational efficiency and increasing annual platform turnover to over ₹4,000 crore within the first year of launch.
Manager, Treasury Interbank at Bank Of Baroda (2020-12 – 2023-12)
Monitored and managed funding activities for Nostro accounts across 24 hours, maintaining full regulatory compliance with RBI guidelines.
- Manage end-to-end settlement of Interbank FX transactions, including Cash, Tom, Spot, Forward, Swap, trades, ensuring accurate and timely processing.
- Led interbank settlement processes via CCIL and CLS, enabling real-time forex trade execution and optimizing daily liquidity to align with treasury strategy and regulatory timelines.
- Process and authorized SWIFT MT202/MT300/MT320/MT199 messages through STP, coordinating with global counterparties and correspondent banks for seamless settlements.
- Calculate and monitored Net Overnight Open Position (NOOP), Aggregate Gap Limit (AGL), liquidity positions, and regulatory treasury limits to support effective risk management.
- Processed INR Funding, SRVA Funding, and cross-border treasury settlements in compliance with RBI, FEDAI, CCIL, and internal control frameworks.
- Handled Forex revaluation and profit calculations on a monthly basis, ensuring audit readiness and compliance.
- Managed interbank forex desk audits, addressing auditor queries and ensuring zero audit observations.
- Oversaw SWIFT reconciliation and regulatory reporting in compliance with RBI and international standards.
- Developed strong correspondent banking relationships to support smooth cross-border settlements.
- Perform Nostro/Vostro reconciliations, maturity processing, accounting entries, and settlement validation in and maintaining high operational accuracy.
- Contributed to UPI setup for MUR/INR corridor, enhancing the bank's cross-border capabilities.
Officer – Branch & Treasury Support (Lucknow Zone) at Bank of Baroda (2014-05 – 2020-12)
Supported branch-level operation and credit operations, ensuring compliance and timely fund flow management.
- Led recovery and NPA management as Recovery In-Charge, thereby improving the bank's asset quality.
- Received multiple recognitions for excellence in debt resolution and digital banking outreach.
- Led digital banking adoption and financial literacy initiatives at a rural branch, empowering customers through digital solutions and contributing to financial inclusion efforts, earning recognition from Bank of Baroda.
