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Foreign Exchange Specialist

4 months ago


mumbai, India Selections HR Services Private Limited Full time

Job Title: Forex Specialist

Location: Ghansoli, Navi Mumbai

Experience: 1+ years in Foreign Exchange, with banking experience

Salary: 3L to 6L (depending on last drawn)


Key Requirements:

- Strong knowledge of Forex

- Excellent communication skills

- Immediate joiners only

**Job Summary:**

- Ensure all cross-border payments comply with South African Reserve Bank (SARB) requirements before release.

- Consult with internal and external stakeholders to meet all requirements for payment submission.


Responsibilities:

- Accurately capture Balance of Payment (BOP) data and apply correct SARB rulings.

- Release payments within the agreed service level agreement (SLA).

- Stay updated on statutory and legislative requirements related to SARB rulings.

- Provide efficient administration services and update relevant systems.

- Develop and manage key stakeholder relationships.

- Ensure high-quality work adhering to compliance and governance standards.

- Continuously assess and improve performance, seeking feedback and training as needed.


Skills:

- Understanding of Reserve Bank exchange control rules.

- Experience with cross-border payments.