Industrial and Infrastructure Development Finance Company Limited (IIDFC)

Summary

Vacancy: —
Location: Dhaka
Experience: At least 10 years
Published: 3 Jul 2024

Requirements

Education

Candidate should be Bachelors/Master’s degree preferably in business discipline like Finance, Accounting, Economics, Business Management, etc. preferably with Professional qualification in banking and accounting from any recognized university.

Experience

At least 10 years

Additional Requirements

Minimum 10 (Ten) years of working experience with any reputed NBFI/Bank.
Sound knowledge and understanding about money market situation
Full awareness and appreciation of profit dynamics in Financial Institution.
Proven leadership and people management skills with a high level of commitment and enthusiasm.

Responsibilities & Context

IIDFC – an active player in the Financial Market- is a leading non-banking financial institution promoted by ten banks both from public and private sector, three insurance companies and Investment Corporation of Bangladesh (ICB).

IIDFC is looking for young, energetic and self-driven individuals among Bangladeshi citizens with good educational background from a recognized university and impressive track record, who can take up the challenges for a successful career in the following position.

Job Descriptions:

As Deputy Head of the Department s/he will assist Head of Treasury in running the department smoothly and efficiently. Under guidance of Head of Treasury s/he will perform the following responsibilities.
Conduct regular treasury activities and formulate treasury financial plan.
Determine overall treasury business and risk strategy within internal and regulatory limits.
Continuous development of systems, processes, business strategies, etc.
Understand market factors, monitor the interest rate trend, forecast market and share relevant market information with management to set strategies for better positioning of the Company.
Analysis of risk and prepare and present monthly ALCO meeting report to the management and propose for advantageous steps.
Ensure schedule reports to the senior management regarding treasury position and immediate market outlooks.
Ensure timely submission of regulatory reports and maintain Liaisons with other stakeholders.
Assist in preparation/modification of policy, guidelines, manuals, and protocol.
Ensure and maintenance of call money limit, CRR and SLR limit, and other legal requirements.
Make investment in Treasury bill, bond, or secured investment as per investment policy.
Ensure refinance application processing and arrangement of supporting documents as per refinance protocol on time.
Arrangement of loan/refinance repayment on time.
Make profitable Investment with Banks/NBFIs from the surplus fund as per investment policy.
Overseeing the day-to-day fund management and facilitate the flow of funds from Banks/NBFIs to support asset financing and build/renew credit line for continuous flow of funds.
Treasury placement (borrowing/lending) renewal or encashment and renewal of other facilities.
Monitor all deals to adhere to all internal and regulatory rules and regulations.
Effective management of asset-liability gaps by reducing overall cost and diversifying funding source.
Ensure proper documentation as per operational guidelines, manual, and transaction protocol.
Ensure accurate transaction entry in software and AIT certificate collection, all kinds of interest rechecking, and proceed for accounting records.
Enhance Company’s banking and financial institution relationships and handle key issues such as pricing, bundling of services, availability of credit and non-credit services, and developing a ‘partnership’ approach.
Communicating with banks and others for solving different operational issues and overall responsibility for the administration of all banking and treasury services for the Company.

Compensation & Other Benefits

Attractive compensation package with continuous training facilities and prospects of career progression await for the really deserving candidates.

Employment Status

Full Time

Job Location

Dhaka

Source link

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