Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

SONY JACOB

Chief Manager(Forex), Union Bank of India
Kochi

Summary

Forward-thinking foreign exchange professional adept at managing teams to accomplish challenging objectives. Imparts clear vision to guide cohesive, high-performing teams. Specialized in trade finance operations and skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. History of cultivating an open culture with free exchange of information. Experienced forex dealer with 22 years of experience in buying and selling securities, trend monitoring, market pricing and deal-making. Gifted in oral and written communication, contract negotiation and dispute resolution. Desire to bring expertise to dynamic position with room for career growth and opportunity to make lasting impact on team profitability.

Overview

24
24
years of professional experience
5
5
years of post-secondary education
3
3
Certifications
3
3
Languages

Work History

Chief Manager - Trade Finance In-charge

Union Bank Of India
06.2022 - Current
  • Oversee all trade finance operations of Large Corporate branch (AD branch) having total export advance and forex turnover of Rs 700 Crores. and Rs 7500 Crores respectively.
  • Provide advice to clients on trade finance products and solutions, helping them to navigate international trade complexities.
  • Lead and mentor a team of trade finance professionals fostering a culture of high performance and continuous improvement.
  • Build and maintain strong relation ship with clients, ensuring high level of satisfaction and loyalty.
  • Ensure all trade finance transactions comply with FEMA as well as banks internal policies.

Treasury Head

Union Bank Of India UK Limited
12.2018 - 05.2022
  • Oversee the bank liquidity position to ensure adequate funding and optimal allocation of financial resources
  • Develop and implement investment strategies to maximize returns on banks financial assets while managing risk. Managed investment portfolio of USD 150 Million.
  • Ensure all treasury operations comply with regulatory requirements and internal policies.
  • Collaborate with internal and external stake holders including regulators, auditors and financial institutions to ensure effective treasury operations.
  • Member of Investment Committee & Asset Liability Committee.
  • Member of the committee for the preparation and review of ILAAP & ICAAP.

Senior Manager - Cross Currency Dealer

Treasury-Forex, Union Bank Of India
04.2014 - 11.2018
  • Perform continuous market analysis to identify trading opportunities and inform strategic decisions.
  • Execute and manage trade across multiple cross currency pairs including USDINR, ensuring optimal execution and minimal slippage.
  • Monitor and manage open trading positions, adjusting strategies based on market movements and risk tolerance.
  • Prepare and present periodical reports on trading activities, performance and market insights to the top management.

Manager - Merchant Dealer

Forex Treasury - Union Bank of India
Kochi
04.2007 - 03.2014
  • Efficiently manage foreign exchange transactions for customers and branches, ensuring timely and accurate execution of trades.
  • Offer competitive exchange rates to customers and branches, staying updated with market trends and fluctuations.
  • Provide advice on foreign exchange matters helping clients to make informed decisions to optimize their currency holdings and mitigate risks.
  • Conduct covering operations to hedge currency exposure, minimising potential losses due to market volatility.
  • Build and maintain strong relationship with clients ensuring high level of satisfaction and trust.
  • Ensure all transactions and operations comply with regulatory requirements and internal policies of the bank.

Assistant Manager-Dealer

Domestic Treasury - Union Bank Of India
12.2003 - 03.2007
  • Manage investment portfolio and trading book with a focus on equities and government bonds
  • Conduct market analysis and research to inform investment strategies
  • Develop and maintain relationships with stake holders, including banks, brokers and other financial institutions.
  • Execute trades and monitored market trends to optimize investment performance.

Financial Analyst

Raptor Trading LLC
07.2001 - 08.2003
  • Conduct through analysis of various markets including currency, equities and commodities.
  • Perform in depth research on potential investments including analysis of financial statements, market conditions and economic indicators.
  • Monitor and interpret economic trends and their potential impact in financial markets and investment strategies.
  • Assist in managing investment portfolio, ensuring alignment with strategic objectives and risk tolerance.

Financial Analyst

Leaser Capital Services
06.2000 - 04.2001
  • Analysis of currency and commodities market to identify trends, opportunities and risks
  • Advising customers on currency and commodities market movements.
  • Educate clients on market dynamics and risk management techniques to enhance their understanding and decision making.

Education

MBA - Finance

Bharathiar University
Coimbatore
03.1998 - 03.2000

Bachelor of Commerce -

Mahathma Gandhi University
Kottayam
03.1992 - 03.1995

Skills

Financial Market and Investment analysis

Risk assessment and management

Data Analysis and Interpretation

Economic trend analysis

Client relationship management

Regulatory compliance

Strong communication and interpersonal skills

Team Leadership

Proficiency in treasury management systems

Certification

JAIIB, IIBF

Timeline

Chief Manager - Trade Finance In-charge

Union Bank Of India
06.2022 - Current

Treasury Head

Union Bank Of India UK Limited
12.2018 - 05.2022

Senior Manager - Cross Currency Dealer

Treasury-Forex, Union Bank Of India
04.2014 - 11.2018

Manager - Merchant Dealer

Forex Treasury - Union Bank of India
04.2007 - 03.2014

Assistant Manager-Dealer

Domestic Treasury - Union Bank Of India
12.2003 - 03.2007

Financial Analyst

Raptor Trading LLC
07.2001 - 08.2003

Financial Analyst

Leaser Capital Services
06.2000 - 04.2001

MBA - Finance

Bharathiar University
03.1998 - 03.2000

Bachelor of Commerce -

Mahathma Gandhi University
03.1992 - 03.1995

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SONY JACOBChief Manager(Forex), Union Bank of India