M
Muthoot FinCorp (MFL)
Area Sales Manager - Forex
Skills
Data AnalysisComplianceRegulatory Compliance
2 months ago
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Important information
Contract type:
Permanent
Salary:
₹350,000 – ₹500,000 / year
Location:
Bengaluru, Karnataka, India
Work mode:
Onsite
Published on:
3 September 2026
What they need
Roles & Responsibilities
- He will be responsible for Cluster FX Revenue target responsibility and ensure his Fx officer gives committed target delivery. In addition, he needs to handhold a branch under his direct supervision.
- Forex Business (Travel care/Remittance & Bank Notes) & revenue responsibility of Branch -Retail & Eco partner channel business. Bulk purchase/Bulk sales & small corporate Sales for the Cluster.
- Onboarding direct sales segments like educational consultants, Tour Operators, Hotels, Travel & Money transfer agents, FFMC/AD-II and Bankers business relationships to do business on Travel Card/ Bank Notes, Outward remittances AD-I & II with special attention to Travel Card business.
- Hand hold non-license branches and educate the branch team to learn on forex outward remittance and ensure to deliver of the committed. And Coordinate with the BDE team and ensure they deliver considerable business by educating incentive benefits.
- Roll out MIS & data analysis to drive the MFL branches, by sharing regular business MIS on Forex to branches & sales teams.
- And engage and build relationships with Key clients by the incentive/ commission pay-out timely to retain the agents & partner relationships to MFL for the long term.
- Coordination with RM/AM and Zona/HO team to enhance the retail forex & outward remittance business across the branch counters (license & non-License branches.)
- Ensure to oversee regulatory compliance and product hygiene at all levels.
- Branch visits and impart training on Fx business, where required In house or in Groups.
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