Forex cashier

Chemmanur Academy and Systems; Ernakulam; On-site; INR 1,00,000 - 4,50,000; Full time

Job summary

A financial services provider in Ernakulam, Kerala, is looking for a skilled professional to manage foreign currency transactions and remittances. The ideal candidate will execute transactions, establish local exchange rates, and provide excellent customer support both in-person and by phone. Responsibilities include daily remittance processing, maintaining a cash float, and generating reports. Strong knowledge of foreign exchange operations is essential for this role.

Qualifications

• Knowledge of foreign currency transactions and exchange rates.
• Familiarity with remittance processing and balancing accounts.
• Good communication skills for customer support.

Responsibilities

• Executes foreign currency transactions for clients.
• Performs daily electronic remittance and posting to accounts.
• Maintains a cash float and reconciles daily transactions.

Job description

Executes foreign currency transactions for clients. Establishes local exchange rates for retail customers based on market fluctuations; communicates rates to and directs other staff accordingly. Advises international clients on foreign markets and fluctuations.What is the role of a cashier in foreign exchange?Performs administrative tasks such as filing, generating reports and maintaining mail correspondence. Provides support and information to customers, over the counter and by phone. Maintains a cash float and follows balancing and reconciling procedures; prepares daily 'End of Day' sheet at the close of each business day.

What are the duties of remittance cashier?

Performs daily electronic remittance with posting to accounts. The basic function is to post and balance all payments both electronically and manually. Knowledge of computer and telephone operations.

What is the role of foreign exchange?

The main function of foreign exchange is to transfer money between countries. The foreign bill of exchange is the instrument normally used. The instrument most in use in foreign payments is the Telegraphic Transfer (T. T.).