Forex Officer
Muthoot
1 - 2 years
Hapur, Thiruvananthapuram
Posted: 27/06/2025
Job Description
Company Name – Muthoot Fincorp Limited
Job Title –Forex Officer
Grade – JM3
Designation – Forex Officer
Location – Pan India
Reports to – Cluster Manager
Span Of Control –
Job Role:
Bank & FFMC/AD-II central tie-up Bank Notes buy & sell, Advance order on import consignments subject to ground equipment & commitment.
Plan advance booking with a partner on currency Sales to reduce to opportunity loss.
Initiate & take care of the fulfilment of branch currency requirements and excess should be pooled out and surrendered to the market with a premium rate. Similarly, WS-Desk buys at a premium/Interbank rate and helps the branch requirement to scale the retail sales.
WS- Dealers should bring daily margin at each transaction (banknotes) vertical by understanding the market demand & Supply.
Build a direct relationship with key partners for central banknotes surrender and procurements, Understand the ground demand and plan for direct import or coordinate and initiate import orders through bank partners.
Coordinate and work along with benches for bulk & retail buy & Sales of the zone /Region to increase the Wholesale desk revenue, enabling & bringing smooth transaction process in real-time to protect the revenue loss.
Fund management & fund obtainable report, track the wholesale fund utilization & volume enhancement with ROI.
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.
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