Assistant Manager - Mumbai, India - Agratas
Description
About Us:
Agratas is a wholly subsidiary of Tata Sons.
We design, develop and manufacture high-quality, high-performance, sustainable batteries applied to multiple use cases in the mobility and energy sectors, to match our customers' requirements.
We develop next-generation battery technologies at our state-of-the-art R&D Innovation Hubs in India and the UK.
Position Overview:
Agratas will significant forex and interest rate exposure The currency and interest rate risk on the same needs to be manage proactively in accordance with the Board laid down risk management policy.
The company will also have significant trade finance operations in terms of opening of Letters of Credit, Bank Guarantees, Buyers' /Suppliers Credit etc.
Responsibilities:
The candidate will be responsible for: strategizing and executing hedging transactions in accordance with the Forex Heding policy approved by the Board.
Evaluating hedging proposals and making recommendations to the management Collection of exposure details from across the company and maintaining meticulous records of the same.