Branch Business Manager - Forex

BRANCH BUSINESS MANAGER - FOREX

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