Lead - Mid Office

Role Overview

The Lead — Treasury Mid Office will own end-to-end liquidity and interest-rate risk management for Hero FinCorp, set and maintain the Fund Transfer Pricing (FTP) framework, drive capital adequacy and cost-of-funds optimization, and partner closely with the Front Office, Back Office, regulators, auditors, rating agencies and investors. The role is a critical control and analytics function bridging strategy, risk and operations within Treasury.

Location- Corporate Office, DLF Downtown

Team Size- Manages a small mid-office pod of 3-4 members

Detailed Responsibilities

M1 — Liquidity & Interest Rate Risk Management

• Own end-to-end liquidity risk and interest-rate risk management for the company.
• Manage cash flow forecasting, drawdown planning, monitoring of approvals and daily liquidity positioning.
• Ensure compliance with Liquidity Coverage Ratio (LCR), Stress Testing, Contingency Funding Plan (CFP) and other key ALM parameters.
• Create, track and monitor market-risk benchmarks for investments and treasury exposures.

M2 — FTP, Cost of Funds & Capital Adequacy

• Establish and maintain the Fund Transfer Pricing (FTP) mechanism across Lines of Business.
• Partner with business teams to work out a suitable cost of funds for each Line of Business.
• Manage the various levers of Capital Adequacy to drive efficient capital utilization.
• Finalize monthly / quarterly / yearly Cost of Borrowing and other associated treasury costs.
• Conduct competitor analysis on borrowings and cost of funds to benchmark Hero FinCorps position.

M3 — Regulatory Reporting, Compliance & Audit

• Submit RBI regulatory returns relating to Treasury and provide data inputs for other returns, including ad-hoc requirements.
• Monitor accounting closures, ECB borrowing workings and annual disclosures.
• Handle statutory, RBI, tax and bank auditors on all Treasury-related matters.
• Track economic and regulatory changes and present detailed financial-impact assessments to management.

M4 — ALCO, Stress Testing & Contingency Funding

• Ensure timely preparation of ALCO presentations, closing minutes of meeting and related compliance.
• Run periodic stress tests and maintain the Contingency Funding Plan.
• Provide analytical support for ALCO decisions on liability mix, hedging strategy and liquidity buffer.

M5 — Investor, Rating Agency & Stakeholder Management

• Handle queries from investors, rating agencies and internal stakeholders.
• Own investor decks, CMA, QIS and portfolio cuts shared with rating agencies.
• Continuously update the Information Memorandum, treasury policies and other standardized documents.
• Manage relationships and fee negotiations with Credit Rating Agencies (CRAs), investment and valuation consultants.

M6 — Research, Strategy & Management Reporting

• Conduct continuous research on the economy, debt markets, insurance companies and corporates to support informed funding decisions.
• Drive the Annual Operating Plan — working files, presentations, manpower planning and strategy decks.
• Publish updates on key macro-economic indicators to senior management.

M7 — Front & Back Office Support / Mid-Office Operations

• Support the Front Office in liaising with lenders (including family-office deals) — provide clarity on policies and procedures to resolve lender queries.
• Liaise with the Front Office and other stakeholders on Direct Assignment (DA) and Loans-against-Eligible-Receivables (LER) transactions.
• Support the Back Office in security management, limit monitoring and other operational tasks.
• Perform the checker role in debt servicing (interest calculation), DA payouts and ECB payouts.
• Ensure maintenance of Treasury systems and implementation of all treasury-related processes.

Required Qualifications

• CA / MBA (Finance) / CFA preferred.
• 7–10 years of relevant experience in NBFC / Bank Treasury Mid Office or ALM function.
• Prior experience in ALCO support, FTP design, regulatory reporting and rating-agency interactions strongly preferred.

Technical Skills

• ALM, LCR, Stress Testing & Contingency Funding Plan frameworks.
• RBI Master Directions for NBFCs (Scale-Based Regulation), FEMA / ECB framework.
• Fund Transfer Pricing (FTP) design and capital-adequacy management.
• Ind AS 109 — financial instruments, hedge accounting and impairment.
• Rating-agency frameworks (CRISIL / ICRA / CARE / India Ratings) and investor disclosure standards.
• Strong proficiency in Excel, Power BI, Treasury / ALM systems; working knowledge of Python and automation tools.

Behavioural Competencies

• Strong control mindset balanced with commercial / business partnering.
• Executive communication — board, ALCO, CFO, rating agencies and investors.
• Ability to manage a mid-office pod and groom talent.
• High ownership, accuracy and audit-readiness.
• Ability to navigate ambiguity, especially around regulatory change.