Operation Manager

3 days ago

Mumbai Metropolitan Region, India GLOBELANCE Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Industry:
Financial Services — Forex & Banking Operations.
Sector:
Treasury, Payments & Trade Settlements. Location: India (On-site).

Role:
Banking Operations Manager (Forex)

About The Opportunity
A rapidly-scaling player in the forex and corporate banking operations space is hiring an on-site Operations Manager to own day-to-day trade lifecycle, payments, settlements and regulatory controls across FX and treasury workflows. You will lead a cross-functional operations team, drive process reliability, reduce settlement risk, and partner with compliance and technology to scale operational resilience for high-volume FX activity.

Role & Responsibilities

  • Lead and manage end-to-end forex and treasury operations: trade capture, confirmations, settlements, and reconciliations to meet SLAs and reduce exception rates.
  • Oversee payment processing and SWIFT message flows (including MT formats), coordinate RTGS/NEFT processing and intraday liquidity management.
  • Implement and maintain AML/KYC controls and transaction monitoring workflows; partner with Compliance on investigations and regulatory reporting.
  • Drive continuous improvement: automate reconciliations, tighten controls, define KPIs/SLAs, and deliver measurable reductions in fails and processing time.
  • Manage, coach, and develop on-site operations staff; design shift rosters to cover market hours and ensure robust handovers.
  • Escalate and resolve settlement exceptions with counterparties, custodians and internal stakeholders; coordinate system fixes with technology teams.

Skills & Qualifications
Must-Have

  • Bachelor's degree in Finance, Commerce, Economics or equivalent and proven experience in forex/treasury or banking operations.
  • Hands-on knowledge of SWIFT messaging (MT formats) and FX settlements processes.
  • Familiarity with payment rails and settlement systems such as RTGS and NEFT.
  • Working knowledge of AML and KYC regulatory requirements and transaction monitoring procedures.
  • Practical experience with reconciliations, exception management and SLA/KPI-driven operations.
  • Ability to work on-site in India with overlap for international market hours and to lead an operational team.

Preferred

  • Certification in AML/Compliance or Treasury operations.
  • Experience with Oracle FLEXCUBE or other core banking platforms.
  • Familiarity with ISO 20022 migration and reporting tools such as Power BI.

Benefits & Culture Highlights

  • Work in a fast-paced, international forex environment with exposure to global liquidity and treasury processes.
  • Clear career progression, learning opportunities, and collaborative on-site teams focused on operational excellence.
  • Competitive compensation with performance-linked incentives and a strong focus on compliance and risk management.

About the employer: Globelance is recruiting for this on-site Banking Operations Manager (Forex) role in India. If you are an experienced operations leader with deep FX/treasury knowledge and a track record of improving settlement reliability, we encourage you to apply.

Skills: swift,rtgs,operations,neft,communication skills,kyc,aml,forex,banking

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