REGIONAL SALES MANAGER - FOREX

PeopleStrong; Patna; On-site; INR 600,000 - 1,100,000; Full time

Job summary

PeopleStrong seeks a professional to manage the Forex branch operations, focusing on revenue growth, channel onboarding, and compliance across branch counters. The role involves handling currency, remittance, and card sales while ensuring branch P&L alignment and audits.

You will oversee partner onboarding, corporate onboarding, and stock management to drive branch performance and adherence to regulatory and internal standards.

Responsibilities

• Forex branch direct channel revenue responsibility and forex revenue growth.
• Onboard ESP direct sales segments: educational consultants, tour operators, hotels, travel agents, and banking partners.
• Drive sales of currency, remittance (AD-I & II), and Travel Card business with focus on branch P&L.
• BTL and activities around the branch to make it an independent P&L with team handling.
• Report to supervisor on day-to-day business outcomes.
• Ensure the team earns incentives by bringing revenue from individual employees.
• Service the forex (currency & card) and outward remittance business across the branch counters.
• Ensure operation and compliance of the branch with regular checks of inventory and records.
• Bring FX branch P&L to the team and create awareness through branch activities.
• Onboarding corporates and build branch business and inventory/stock management.
• Manage Forex business in terms of Revenue, turnover & transaction count; focus on currency, AD-1 & AD-II & card sales.
• Cash on sales corporate business & consultancies need to be key area to focus.
• Ops & compliance is a KRI to balance business and compliance daily.
• Responsible for branch audit compliance, KYC of all transactions.

Job description

Forex Business & revenue responsibility of direct channel of the Fx Branch and forex revenue responsibility. Onboarding ESP direct sales segment like educational consultant, Tour Operators, Hotels, travel & Money transfer agents, FFMC/AD-II and Bankers business relationship to sale up currency, remittance AD-I & II with special attention of Travel Card business. BTL and activities around the branch, make it as independent P &L for the branch with team handling. And manage partner commission pay-out. Manage the WS and hub branch activities. Report the supervisor on day to day business outcome. Ensure the team to earn the incentive to bring revenue from individual employee. Service the forex (currency & card)& outward remittance business across the branch counters.

Ensure the operation and compliance of the branch by making regular check and balance of inventory and records

Bring the FX branch P & L to the team, creating awareness around branch through BTL activities. ESP partner onboarding and improve direct sales through walk in & agent transaction. Onboarding corporates, He need to build the branch business and inventory / stock management.

Manage the Forex business in terms of Revenue, turnover & transaction count enhancement at the FX branch to build the Currency, AD-1 & AD-II & card sales. Cash on sales corporate business & consultancies need to be key area need to be focused.

Ops & compliance is one of the KRI to balance the business and compliance on daily basis

Responsible for branch audit compliance, KYC of all the transactions