Forex Officer

Muthoot FinCorp (MFL); Anantapuram; Hybrid; INR 450,000 - 650,000; Full time

Job summary

Muthoot FinCorp (MFL) invites applications for an FX Branch Officer to drive revenue through currency exchange, outward remittance, travel card sales and related services in AD-I & AD-II mapped branches.

The role includes leading non-license branches, onboarding eco-partner channels such as educational consultants, tour operators, hotels and money transfer agents, and coordinating with the BDE team to grow business while ensuring regulatory compliance and product hygiene.

Responsibilities

• Drive revenue for mapped FX branches across currency, remittance, travel card sales and outward remittance.
• Oversee FX business (Travel care/Remittance & Bank Notes) and revenue for Retail & Eco partner channels within the branch.
• Onboard and educate non-license branches and eco-partner networks (educational consultants, tour operators, hotels, travel & money transfer agents, FFMC/AD-II and bankers) for Travel Card/Bank Notes and outward remittances.
• Coordinate with BDE team to maximize business and ensure regulatory compliance and product hygiene at all levels.

Job description

Job Purpose

Will be responsible for the respective mapped FX branch Revenue target & achievement, and he should ensure to deliver currency, purchase, sales & Travel card sales, and outward remittance business in both AD-I &II.

In addition, he needs to handhold a set of non-license branches under his direct supervision to build reasonable Fx remittance revenue.

Forex Business (Travel care/Remittance & Bank Notes) & revenue responsibility of Branch -Retail & Eco partner channel business. Bulk purchase/Bulk sales & small corporate Sales for the Cluster.

Branch level Eco-partner Onboarding for direct sales segments like educational consultants, Tour Operators, Hotels, Travel & Money transfer agents, FFMC/AD-II and Bankers business relationships to do business on Travel Card/ Bank Notes, Outward remittances AD-I & II with special attention to Travel Card business, within his mapped branch limit

Hand hold non-license branches and educate the branch team to learn on forex outward remittance and ensure to deliver of the committed. And Coordinate with the BDE team and ensure they deliver considerable business by educating incentive benefits.

Ensure oversee regulatory compliance and product hygiene at all levels as mapped FX officer.

Product Visibility and impart training on Fx business to all fellow colleagues at the branch– In house & External sales.

Role & responsibilities

CONTACT ZONAL HEAD : Rajashekar Yadav-9010173820