Product Management Analyst

Job Title: Product Management Analyst Corporate Title: Associate Location: Mumbai, India Role Description The Product Management Analyst will be responsible for the accurate and timely processing of all types of forex transactions including processing of time-critical transactions on behalf of the Banks external clients, related investigations involving enquiries from clients and internal stakeholders on before and after execution. It often involves critical, potentially complex or in some cases regulated tasks including interaction with internal and external stakeholders. The Product Management Analyst, undertakes the complete and accurate capturing of transactions, ensuring that all related information are processed according to established Service Level Agreement (SLAs). In addition, the analyst should ensure that procedures are properly executed to reduce processing risk and identify potential areas for process improvement whether internally within the Bank or for our clients. The analyst will also be the SPOC and will be in touch with relationship managers and their clients and will address processing of transactions within the set parameters and within the set timelines. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy, Best in class leave policy. Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities FX Booking /Execution Publishing daily DB rate sheet (Benchmark rates) to branches and entire PWM unit to facilitate smooth transactional flow. Preparing and analyzing Daily remittances sheets to facilitate daily FX booking. Cross verifying /ensuring the balances and EEFC’s earmarking are accurately populated to avoid any transactional loss. Executing FX spot, cross currency trades, EEFC account transfers and Trade payments transactions (Import/Export, LC etc.) at a Pan-India level. Ensuring all the transaction are closed /executed on recorded lines. Working closely with other businesses from front office and operations to ensure smooth running and proper management of the FX book, including verifying and squaring intraday and o/n GCG positions and resolving trade discrepancies and settlement issues. Facilitating daily reporting to trade teams for proper settlement to said A1- trades. Executing high volume currency transaction with extremely finer margins for Private Wealth clients within the bank's risk parameters. Ensuring correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trading activity support, as necessary. Ensuring proper reconciliation for all the trades with relevant stakeholders. Keeping a close eye on currency fluctuations, executing trades with timing precision. • Maintaining high level of accuracy while booking and executing deals leaving no open position in the FX books. MIS reporting and analysis on daily, weekly, and monthly basis to maximize value of relationships. Supported the management with market analysis, gathering market / product requirements, and collaborating with related teams. Demat Related activities Casting monthly deck on Customer Balance Variance (Cust-ID level) for demat Clients at Pan India Level Sharing monthly holding report of demat clients at Pan India level. Handling demat related customer queries. • Actively resolving issues/rendering support to ops team on demat related issues. Publishing latest update on demat circulars/processes on our official site rendering customer satisfaction and internal team support. Remitting