Officer

Derivatives Transaction Management

• Maintaining MIS of foreign currency exposures by regularly updating it with data from various teams, including CPC, Projects, Birla White, and BPD.
• Receiving purchase order alerts, verifying details in SAP and ensuring all relevant data is captured in the MIS.
• Managing incoming reports related to marine operations, shipping freights, and export invoices, ensuring timely updates to the MIS.
• Earmark covers against exposures, advising on earmarked Cover IDs at the time of payments and making necessary adjustments as market conditions change.
• Executing options strategies for hedging one-third of total exposures, deriving pricing for various combinations (e.G., Buy Call, Sell Put) and preparing quote summaries for comparison.
• Run the RFQ (Request for Quote) process with top banks, negotiating terms, and finalizing deals, including initial confirmations and updating trades in the Option MIS.
<...