
Foreign Exchange Manager
1 day ago
The Forex Officer - Junior Manager plays a crucial role in managing foreign exchange operations, ensuring compliance with regulatory guidelines, and supporting forex trading, hedging, and remittance services for clients and internal departments.
Key Responsibilities:- Execute forex transactions including spot, forward, and swap deals in line with client requests or internal treasury needs.
- Provide forex rate quotes to clients based on real-time market rates.
- Assist clients in executing outward and inward remittances via SWIFT or authorized digital platforms.
- Ensure all forex transactions are compliant with FEMA, RBI, and AML guidelines.
- Track market fluctuations and currency risks to alert the treasury or risk team.
- Coordinate with the back-office team for settlement, confirmation, and reconciliation of forex deals.
- Graduate/Postgraduate in Commerce, Economics, Finance, or related fields.
- Knowledge of forex trading platforms (e.g., Reuters, Bloomberg, or MT4).
- Familiarity with SWIFT systems and international remittance channels.
- Proficiency in MS Excel, financial modeling, and MIS reporting tools.
This role offers excellent opportunities for professional growth and development in a dynamic and challenging environment.
Requirements:- Minimum 2-3 years of experience in forex operations, treasury back office, or remittance services.
- Strong analytical and numerical skills.
- Good communication and customer handling abilities.
This position is ideal for individuals who enjoy working in a fast-paced environment and have a strong passion for finance and currency markets.
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