Soumoyjit Khan
Dubai
Summary
Experienced Treasury Manager at Al Fardan Exchange L.L.C., a leading financial services provider in the UAE. Over 15 years of experience in the financial industry. Holds a PGDM in Finance from the International School of Business & Media. Consistently delivers advanced forex treasury solutions, effectively manages funds and currency risks, and drives business growth and profitability. Oversees a team of eight reportees and works closely with internal and external stakeholders to ensure compliance, efficiency, and customer satisfaction. Leverages expertise in foreign exchange trading, hedging, and market analysis to optimize the treasury function and add value to both the organization and its clients. Ongoing goal is to continuously enhance skills and knowledge while contributing to the success and innovation of the financial industry.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Treasury Manager
AL FARDAN EXCHANGE L.L.C.
03.2021 - Current
- Presently working in the role of Treasury Manager at Al Fardan Exchange L.L.C - a leading financial services provider in UAE.
- I lead the Treasury team for managing the Currency Exposure of a portfolio for more than38 active currencies, Fund Management of more than $20 million on a daily basis and Pricing Strategies to manage a network of a sizeable retail outlets and Digital Platform.
- Key functional areas include:
- Analyze and implement Market Competitive Pricing .
- Profitably Hedging Currency Positions resulting in overall Exchange revenue growth by around12% YOY
- Daily Market Analysis and input of data for social media updates on rates.
- Mitigated foreign exchange exposures by developing internal controls and comprehensive hedging strategy to minimize currency risks.
- Maintained adequate liquidity levels through proactive cash management , retail limit setup and balancing STL from banks.
- Team Management from diverse nationalities .
- Developed a Mechanism for Routing payments thru optimum Routing partners enabling margin and volume growth
- Developed strong relationships with banking partners for improved service levels and competitive pricing negotiations.
- Developed a highly skilled and motivated treasury team through regular trainings, performance feedbacks and career growth opportunities.
- Emphasis on high yield corridors have been given special focus resulting in more than 20% revenue growth in these corridors.
Manager - Treasury and Dealing
SHARAF EXCHANGE LLC
11.2011 - 03.2021
- Sharaf Exchange is a part of Sharaf Group - a renowned conglomerate with business interests in multiple countries across the globe.
- As a Treasury Manager at Sharaf Exchange, my key areas of responsibilities were:
- Build and developed the Treasury function from scratch.
- Developed competitive pricing strategies for HNI clients leading to a growth of 30% in this segment during the first three years of starting the Treasury department.
- Accomplished multiple tasks within established timeframes.
- Build a Fund Management module leading to cost saving by AED20,000/- on a monthly basis.
- Controlled costs to keep business operating within budget and increase profits.
- Currency Risk Exposure Management Module was developed for handling a basket of 22+ actively traded currencies.
- Fluctuation risks were mitigated within 2% of total exposure.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
- Conceptualized and started the Wholesale banknotes business which increased the banknotes revenue by more than 4% on an annual basis.
- I had started the Treasury Division (banknotes and remittances) at Sharaf Exchange and within a span of9 years, Sharaf Exchange daily margin and volumes of banknotes trading and remittances reached record scales.
- Managed a cross functional team consisting of diversified nationalities and back office in India.
Senior Forex Dealer
SPICE MONEY
04.2009 - 10.2011
- Wall Street Finance (later known as Spice Money) is one of the largest Foreign Exchange business houses in India and UAE
- I started off as an intern at Wall Street Finance and gradually got promoted as Senior Forex Dealer in the Treasury Department within a period of 2 years.
- At Wall Street my principal responsibilities included Cash Management, Pricing Analysis, Banknotes shipment, Travel Currency Card and Banknotes shipments and Remittances.
Trade Specialist
NSE INDIA
01.2009 - 03.2009
- National Stock Exchange (NSEIL) is one of the biggest Stock Exchanges in India.
- AT NSE I was a part of Listing Department .
- My major responsibilities included Authentication of documents for Listing and Delisting of Securities, IPO’s and Bonus issues.
Education
MBA - Finance and Marketing
INTERNATIONAL SCHOOL OF BUSINESS & MEDIA
01.2009
Master's Degree - Finance and Accounting
CALCUTTA UNIVERSITY
01.2005
BBA -
HERAMBA CHANDRA COLLEGE
West Bengal - India01.2003
Intermediate class - undefined
NATIONAL HIGH SCHOOL
01.2000
Matriculation - undefined
ST. PAUL'S SCHOOL
01.1998
Skills
- Market Analysis
- Team Building
- Forecasting
- Risk Management
- Technical Analysis
- Pricing Strategies
- Partner Relationship Management
- Foreign exchange management
- Cash management expertise
Certification
Jan2022 - Apr2022: Diploma in Technical Analysis, NSEIL
LANGUAGES
English
Hindi
Bengali
References
References available upon request
Hobbies and Interests
Driving, Cycling, Listening to Music, Reading Fictional books
EXTRA-CURRICULAR ACTIVITIES
ISB&M, Pune - India, Aug2009 - Aug2009: Team Member - MUNA AL FARDAN EXCHANGE L.L.C, Dubai - UAE, Oct2023 - Oct2023: Runners Up - Table Tennis SHARAF EXCHANGE L.L.C, Dubai - UAE, Nov2018 - Nov2018: Member - Runners Up Football Team AIFF, Kolkata - India, July1997 - Sep1997: Member - Inter School Champion Football Team
Timeline
Treasury Manager
AL FARDAN EXCHANGE L.L.C.
03.2021 - Current
Manager - Treasury and Dealing
SHARAF EXCHANGE LLC
11.2011 - 03.2021
Senior Forex Dealer
SPICE MONEY
04.2009 - 10.2011
Trade Specialist
NSE INDIA
01.2009 - 03.2009
Master's Degree - Finance and Accounting
CALCUTTA UNIVERSITY
Intermediate class - undefined
NATIONAL HIGH SCHOOL
Matriculation - undefined
ST. PAUL'S SCHOOL
MBA - Finance and Marketing
INTERNATIONAL SCHOOL OF BUSINESS & MEDIA
BBA -
HERAMBA CHANDRA COLLEGE
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