EXL | Senior AVP- Treasury Operations

Responsibilities

• Ensure adherence to policies and procedures governing all treasury and banking operations, including bank account management and controls.
• Manage foreign currency risk through forward contracts and derivative instruments.
• Oversee banking relationships, including engagement with bankers, senior management, and auditors on all banking matters.
• Manage liquidity, cash positioning, and inter-company fund transfers across 30+ legal entities.
• Oversee and control banking operations, including account opening/closures, mandate management, signatory controls, and bank documentation.
• Ensure timely and accurate bank reconciliations (BRS) across all entities and accounts, with robust controls to identify and resolve reconciling items.
• Manage investment portfolio of ~USD 300 million diversified across geographies.
• Lead major treasury and banking initiatives such as refinancing, dividend distribution, and banking structure optimization.
• Drive digitization/automation/AI initiatives across treasury, investments, hedging, BRS, and banking processes.
• Support financial due diligence and arrange funding for strategic initiatives such as M&A.
• Ensure compliance with regulations prescribed by central banks (e.g., RBI) and other regulatory authorities across jurisdictions.
• Manage and optimize banking infrastructure, including account rationalization, fee negotiations, and service efficiency.
• Oversee end-to-end bank reconciliation (BRS) process, ensuring: Timely completion across entities Review and clearance of reconciling items.
• Ensure compliance with all financial and non-financial covenants related to borrowings.
• Analyze impact of interest income/expense, FX gains/losses, and treasury performance on periodic financials; ensure alignment with annual targets.
• Manage internal and statutory audits, including Financial reporting, SOX compliance, and regulatory submissions.
• Lead transformation and digitization initiatives across treasury and banking operations, including automation of BRS and bank interfaces.
• Develop, update, and enforce treasury and banking policies, including controls around cash management, banking operations, and reconciliations.
• Negotiate and evaluate borrowing arrangements and banking facilities.

Requirements

• Basic Function Act as the strategy lead for the global treasury and banking function of EXL.
• Strong internal controls and audit trails Manage hedge book exceeding USD 1 billion across currencies, ensuring appropriate hedge accounting to minimize P&L volatility.
• Sound knowledge of various statutory compliances across geographies.

EXL

EXL (ExlService Holdings, Inc.) is a data analytics and digital operations company founded in 1999 and listed on NASDAQ as EXLS. It works with large insurers, banks, healthcare payers and retailers worldwide, combining data, AI and deep industry knowledge to run and transform business operations. Its Indian arm, EXL Service.com (India) Private Limited, was incorporated in 1999, and India is where the bulk of its global delivery work happens.

For finance professionals, EXL hires across finance and accounting operations (record to report, procure to pay, order to cash), financial planning and analysis, financial reporting, audit support, and risk and compliance, alongside its large analytics practice. CA, CMA, ACCA and MBA (Finance) profiles suit these roles across its Noida, Gurugram, Pune, Bengaluru, Chennai and Kochi centres.

• Industry: Data analytics, AI and digital operations (BPM)
• Headquarters: New York, USA (Indian operations headquartered in Noida)
• In India: Delivery centres in Noida, Gurugram, Pune, Bengaluru, Chennai, Hyderabad and Kochi