All major institutions have a
dedicated treasury with its own set of rules and quirks. A job at the Treasury
Department is most sought after.
Indian banks too have a dedicated
Treasury Department. The functions performed by a Bank treasury department are
different from functions of a corporate treasury department.
For a brief view of the functions of
a Bank Treasury Department, click here
Specialized skills are required to
handles the pressures of Treasury Department. The on-the-job training assists a
new recruit to assimilate the skills for the Treasury Department. However,
there was no integrated course for the treasury department knowledge seekers.
Indian Institute of Banking &
Finance (IIBF) has recently launched a new course i.e ‘Certified Treasury
Dealer Course’.
The aim of the course is to create a
cadre of well trained dealers to handle the front office operations in
Integrated Dealing Rooms in Banks as well as Financial Institutions.
The dealing functions have been split
into seven easy-to-follow modules.
The target group for this course is
as under:
01) Newly posted officers in the dealing room
02)Persons identified for openings in dealing room
03)Persons aspiring to don the Dealer Had in the near future
The
candidate’s assessment is done through two modes :-
a)Online
examination
b)
3 days classroom learning
Only
those candidates who have passed the Online examination will be able to attend
the classroom learning module.
The
following are the 7 Modules
01) Financial Markets and Role of Treasury
02)Money Market Operations
03)Investments
04)Forex Dealings
05)Derivatives
06)Model Code and Dealing Ethics
07)Time value of money and Interest Rate Calculations
No comments:
Post a Comment