Darshana Devrukhkar

Identified and earmarked covers against exposures to manage risk effectively, advising on Cover IDs at payment time and adjusting based on market conditions.

Executed options strategies to hedge one-third of total exposures, deriving pricing for combinations (e.g., Buy Call, Sell Put) and preparing quote summaries for comparison.

Facilitated RFQ process with leading banks, negotiating terms and finalizing deals, including confirmations and updating trades in the options MIS.

Maintaining MIS of foreign currency exposures value amt 650mn USD by regularly updating it with data from various teams.

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.

• Monitoring bank-wise, month-wise net open exposure position on a live basis, ensuring compliance with internal policies on Forex exposures
• Managed the settlement of options on maturity, handling net settlements and coordinating delta transfers.

• Managed forex exposure grossing more than USD 120 million, and formulated a risk management policy for more than 10 large corporates commensurate with the risk profile of the company.
• Engaged clients through comprehensive fundamental and technical market analysis, enhancing their investment decision-making process.
• Executed treasury operations and negotiations with the bank, generated a revenue of 55 lacs by way of negotiations and reutilization of the forward contract.
• Executed treasury operations and negotiated with bank, generating revenue of 55 lacs through effective utilization of forward contracts.
• Perform valuation structures and exotic options derivative structures using Bloomberg and Reuters platforms.
• Guided corporations in wealth management by facilitating investments in fixed income, equities, and mutual funds via PMS and AIFs.

• Scoped requirements and provided various solution alternatives to align business objectives with achievable targets.
• Work with technology, vendor and business change teams to gain an in-depth understanding of the end-to-end system implementation, architecture and business processes.
• Engaged with international clients to gather insights on their business needs and implementation procedures.
• Played a PMO role where needed to communicate with clients on different access requests, planning different tasks between teams, coordinating with banking and capital management team to perform task on time.

• Guided exporters and importers in managing FX risk, evaluating currency exposures, and implementing tailored hedging strategies to mitigate financial impact.
• Oversaw forex cash flows for listed and private corporates, collaborating with leadership teams to enhance currency risk management practices.
• Coordinate with banks to secure competitive spot rates and forward premiums, and handle daily FX execution for clients.
• Studied and forecasted currency movements, providing technical and fundamental insights through regular reports and updates to inform strategic decisions.
• Lead business acquisition by onboarding EXIM clients (₹100 Cr+ turnover) and providing tailored financial and hedging solutions.

• Processed cash and non-cash transactions, ensuring accuracy in account withdrawals, deposits, cash balancing, and banking operations.
• Fund transfers, CBDT, Forex transactions and cross-selling of third-party products over the counter.
• Managed vault operations securely and handled locker accounts of retail clients.
• Ensured secure vault operations while overseeing locker accounts for retail clients.
• Register updating on EOD cash position, instruments issued etc.
• Delivered high-quality service, managed customer relationships, handled queue management, and conducted branch audits with attention to detail and accuracy.
• Conducted teller role responsibility in various branch which include Tulsi pipe road Branch, Bombay Scottish Branch, Borivali Chamunda Circle Branch and Hill Road branch.