Assistant Manager Forex Sales & TripMoney
Role Overview - The Assistant Manager Forex Sales & TripMoney will be responsible for driving business performance, ensuring operational excellence, maintaining regulatory compliance, and leading Team Leaders and Sales Executives to achieve revenue and customer experience objectives. The role requires strong leadership, analytical capabilities, process governance, and the ability to scale sales operations while ensuring robust transaction monitoring and risk controls.
Key Responsibilities
Business & Revenue Management
- Own and drive overall Forex and TripMoney revenue targets.
- Develop and execute sales strategies to improve conversion and productivity.
- Monitor business performance and identify opportunities for growth.
- Collaborate with Product, Marketing, and Operations teams to maximize revenue generation.
Team Leadership & People Management
- Manage Team Leaders and their respective teams.
- Conduct performance reviews and establish clear accountability frameworks.
- Drive employee engagement, retention, and succession planning.
- Coach Team Leaders on performance management and people development.
Operational Excellence
- Ensure adherence to SOPs and service delivery standards.
- Monitor productivity, quality, conversion, and customer satisfaction metrics.
- Drive process standardization and operational eiciency.
- Lead cross-functional initiatives with Operations, Product, Finance, and Compliance teams.
Compliance & Risk Management
- Ensure strict adherence to RBI, FEMA, KYC, AML, and internal compliance requirements.
- Conduct periodic compliance audits and governance reviews.
- Monitor adherence to transaction limits, documentation requirements, and regulatory guidelines.
- Investigate and elevate potential compliance breaches and control failures.
Transaction Monitoring & Fraud Prevention
- Establish robust transaction monitoring mechanisms to identify unusual patterns and suspicious activities.
- Review high-risk transactions and ensure timely escalation to Compliance and Risk teams.
- Track fraud indicators, policy deviations, and operational risks.
- Implement preventive controls to minimize nancial, regulatory, and reputational risk.
Customer Experience & Escalation Management
- Own resolution of critical customer escalations.
- Drive customer satisfaction and service excellence across all channels.
- Analyze customer feedback and implement corrective actions to improve experience.
Continuous Improvement & Innovation
- Identify operational gaps and implement corrective measures.
- Drive automation and eiciency initiatives to improve productivity and customer experience.
Own and implement a minimum of one measurable process improvement initiative every quarter (once every three months).
Track benets realized from process improvement initiatives and present outcomes to leadership.
Reporting & Governance
- Prepare and present weekly and monthly business reviews.
- Provide actionable insights on revenue, conversion, compliance, quality, and operational performance.
- Present risk, compliance, and productivity dashboards to senior management.
Required Skills & Competencies
- Strong knowledge of Forex products, Forex Cards, Currency Notes, Remittances, and Travel-related services.
- Strong understanding of RBI, FEMA, KYC, AML, and regulatory requirements.
- Proven experience in sales management, operations, and team leadership.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong stakeholder management and communication abilities.
- Advanced prociency in CRM, MIS reporting, and performance management tools.
Experience & Qualications
- 58 years of experience in Forex, Banking, Fintech, Travel, or Financial Services.
- Minimum 23 years of experience managing Team Leaders and large teams.
- Bachelor's Degree required; MBA preferred.
- Working knowledge of travel operations and customer service processes preferred.
Key KPIs
- Revenue Achievement
- Conversion Rate
- Team Productivity
- Customer Satisfaction (CSAT)
- Quality Score
Key KPIs (continued)
- Assistant Manager Forex Sales & TripMoney
- SLA Adherence
- Compliance Audit Score
- KYC/AML Adherence
- Transaction Monitoring Eectiveness
- Fraud & Risk Control Metrics
- Escalation Resolution
- Employee Engagement & Attrition
Quarterly Process Improvement Delivery (Minimum 1 implemented initiative every 3 months)
- Stakeholder Satisfaction & Governance Compliance