Forex Officer
Muthoot FinCorp Limited · muthootfincorp.com
Kalyān, AiroliOn-site
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The job in short
Forex and banknote wholesale dealing (buying and selling foreign currency notes, bank tie-ups, import orders).
Details
- Found
- 14 d ago · posted 2024-04-05
- Location as listed
- KALYAN
- Role
- Finance (other)
- Source
- The company’s own careers site
Full description
Company Name – Muthoot Fincorp Limited
Job Title –Forex Officer
Grade – JM3
Designation –
Location – Pan India
Reports to –
Span Of Control –
Job Role:
Bank & FFMC/AD-II central tie-up Bank Notes buy & sell, Advance order on import consignments subject to ground equipment & commitment.
Plan advance booking with a partner on currency Sales to reduce to opportunity loss.
Initiate & take care of the fulfilment of branch currency requirements and excess should be pooled out and surrendered to the market with a premium rate. Similarly, WS-Desk buys at a premium/Interbank rate and helps the branch requirement to scale the retail sales.
WS- Dealers should bring daily margin at each transaction (banknotes) vertical by understanding the market demand & Supply.
Build a direct relationship with key partners for central banknotes surrender and procurements, Understand the ground demand and plan for direct import or coordinate and initiate import orders through bank partners.
Coordinate and work along with benches for bulk & retail buy & Sales of the zone /Region to increase the Wholesale desk revenue, enabling & bringing smooth transaction process in real-time to protect the revenue loss.
Fund management & fund obtainable report, track the wholesale fund utilization & volume enhancement with ROI.
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