DGM GM – Treasury Investments & Fixed Income Trading

• CA / MBA (Finance) / CFA / FRM
• Bachelors Degree in Finance Commerce Economics Mathematics or related discipline
• NISM / NCFM Certifications in Treasury Debt Markets or Derivatives preferred

We are seeking an experienced Treasury professional to manage the organizations investment portfolio fixed income trading activities and liquidity management. The incumbent will be responsible for optimizing returns while maintaining regulatory compliance and risk management standards.

The role requires deep expertise in fixed income markets treasury products interest rate movements investment strategies and institutional relationship management.

Key Responsibilities :

1. Investment Portfolio Management
Execute investments in Government Securities (G-Secs) Treasury Bills State Development Loans
(SDLs) Corporate Bonds Commercial Papers (CPs) Certificates of Deposit (CDs) and Money
Market Instruments.
Manage and optimise HTM AFS and Trading Book portfolios.
Monitor portfolio yield duration DV01 mark-to-market performance and risk-adjusted returns.
Identify investment opportunities across the yield curve and credit spectrum.
Execute transactions through approved trading platforms and market counterparties.

2. Fixed Income & Interest Rate Trading
Trade and monitor Interest Rate Swaps (IRS) OIS Bond Futures and other approved derivative
instruments.
Develop market views on interest rates liquidity conditions inflation trends and yield curve
movements.
Monitor RBI monetary policy actions liquidity operations and market developments.

Support Treasury and ALCO discussions through market intelligence and investment
recommendations.
Assist in duration management interest rate risk management and balance sheet optimisation
initiatives.

3. Market Research & Investment Strategy
Track macroeconomic indicators including inflation GDP growth fiscal developments liquidity
conditions and market sentiment.
Analyse domestic and global monetary policy developments and their impact on fixed income
markets.
Monitor credit spreads rating actions issuer developments and sector-specific trends.
Generate investment and trading ideas to enhance portfolio returns and optimise risk-adjusted
performance.

4. Relationship Management
Develop and maintain strong relationships with key market participants including:
Banks and Treasury Desks
Mutual Funds
Insurance Companies
Pension Funds
Provident Funds and Exempt Trusts
Primary Dealers
Market Intermediaries and Institutional Investors
Support investment sourcing market intelligence gathering trade execution and treasury fund-raising
initiatives through effective stakeholder engagement.

5. Liquidity & Treasury Management
Manage short-term liquidity through Repo Reverse Repo TREPS and Money Market
instruments.
Monitor cash flow requirements and optimise deployment of surplus funds.
Support ALCO presentations and investment committee reviews with market insights and
portfolio analytics.
Coordinate with Treasury Operations to ensure seamless settlement reconciliation and reporting
of transactions

6. Risk Management & Compliance
Ensure compliance with RBI regulations investment policies and internal risk management
frameworks.
Monitor issuer limits counterparty limits duration limits and concentration limits.
Review portfolio risk metrics stress-testing outcomes and scenario analyses.
Ensure timely reporting of portfolio performance investment exposures and regulatory
compliance matters.

Desired Skills & Competencies
Technical Skills
Strong understanding of Fixed Income and Money Markets.
Expertise in G-Secs SDLs Corporate Bonds CPs CDs TREPS and other treasury products.
Working knowledge of Interest Rate Derivatives and Hedging Instruments.
Sound understanding of RBI regulations FIMMDA guidelines and market conventions.
Proficiency in Bloomberg Reuters NDS-OM CCIL and other trading platforms.
Strong analytical skills in duration management yield curve analysis portfolio optimisation and
risk management.
Advanced Excel skills; working knowledge of Python Power BI Data Analytics and AI-based
analytical tools will be preferred.

Behavioural Competencies
Strong analytical and quantitative mindset.
Ability to make informed decisions in a dynamic market environment.
Excellent communication and stakeholder management skills.
Strong risk awareness and compliance orientation.
High degree of professionalism integrity and accountability.
Collaborative approach with cross-functional teams and senior stakeholders

Required Skills:

Investment Portfolio Management. Fixed Income & Interest Rate TradingMarket Research & Investment StrategyLiquidity & Treasury Management