Area Sales Manager - Foreign Exchange
Muthoot Fincorp LimitedJob Description
AREA SALES MANAGER - FOREX
Job Specification | |||
Company Name | : | Muthoot Fincorp Limited | |
Position / Designation | : | Area Sales manager – Forex | |
Grade | : | AM /DM– applicable grade | |
Department | : | Forex Department | |
Sub Department (if any) | : |
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Employment Type | : | Permanent | |
Reporting to – Designation & Grade | REGIONAL SALES MANAGER - FOREX | ||
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 the supervisor on day to day business outcome. Ensure the team to earn the incentive to bring revenue from individual employee. 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
Bring the FX branch P & L to the team, creating awareness around branch through BTL activities. ESP partner onboarding and improve direct sales through walk in & agent transaction. Onboarding corporates, He need 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-1 & 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
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