FOREX SALES Officer

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

Job summary

Muthoot FinCorp (MFL) in Visakhapatnam seeks an FX Branch Officer to drive revenue across currency, remittance and Travel Card sales, and to supervise both licensed and non-licensed branches within mapped limits.

You will onboard eco-partners such as educational consultants, tour operators, hotels and money transfer agents for Travel Card/Bank Notes and outward remittance, while ensuring regulatory compliance and product hygiene at all levels.

Qualifications

• Responsible for FX branch revenue targets and achieving them; deliver currency, purchases, sales and Travel Card sales, and outward remittance.
• Handhold non-license branches to build remittance revenue.
• Oversee Forex business revenue for Branch-Retail & Eco partner channels; bulk purchase/sales for cluster.
• Onboard eco-partners (educational consultants, tour operators, hotels, travel & money transfer agents, FFMC/AD-II) for Travel Card/Bank Notes and outward remittance.
• Ensure regulatory compliance and product hygiene at all levels.

Responsibilities

• Responsible for FX branch revenue targets and achieving them; deliver currency, purchases, sales and Travel Card sales, and outward remittance.
• Handhold non-license branches to build remittance revenue.
• Oversee Forex business revenue for Branch-Retail & Eco partner channels; bulk purchase/sales for cluster.
• Onboard eco-partners (educational consultants, tour operators, hotels, travel & money transfer agents, FFMC/AD-II) for Travel Card/Bank Notes and outward remittance.
• 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 Banker’s 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

Preferred candidate profile