🔔 FCM Loaded

BRANCH BUSINESS MANAGER - FOREX

Muthoot

2 - 4 years

Hapur, Kolhapur

Posted: 26/07/2025

Job Description


Branch Business Manager – Forex 

Grade - Deputy Manager

Reporting to - Sales Manager Eco Partner 

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 to the supervisor on day-to-day business outcome. Ensure the team earns the incentive to bring revenue from individual employees.  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

Manage and bring the FX branch P & L by driving the branch team & individual contribution by creating awareness around branch through BTL activities. Corporate, ESP partner onboarding and improve the direct sales through various community activities to increase the walk in. He/she needs 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 & 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 


About Company

Muthoot Finance Ltd. is India’s largest Non-Banking Financial Company (NBFC) specializing in gold loans. Headquartered in Kochi, Kerala, the company offers a wide range of financial services including personal loans, insurance, money transfer, forex, and microfinance. Its core business is providing instant loans against gold jewellery, primarily serving the unbanked and underserved population across urban and rural India. With over 6,000 branches and a strong presence in international markets like the UAE, USA, and UK, Muthoot Finance is known for its deep-rooted trust, operational scale, and strong commitment to financial inclusion. The company is publicly listed and regulated by the Reserve Bank of India.

Services you might be interested in

File Your ITR Now

Don’t wait for the deadline to stress you out!

Smart, fast, and reliable ITR filing for 2024-25. Submit your details today.