
Industrial and Infrastructure Development Finance Company Limited (IIDFC)
Industrial and Infrastructure Development Finance Company Limited (IIDFC)
Industrial and Infrastructure Development Finance Company Limited (IIDFC)
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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