Identifying new clients for boosting Forex business. Responsible of Sales , Business Growth & profitability. Meeting with new corporate , new banks & travel agents for procuring business & new clients. Preparing daily call reports / pipeline business / meeting with clients
Responsibilities and Duties
Scrutinize the transaction basis the reporting, check successful accounting entry, check swift payment details, AML, FAFT, OFAC checks and process if everything in order. Processing MT103, MT110, MT199 and MT202 in Swift system.
Co-ordinate / follow up with branches for incomplete payment instruction and process the transaction with in TAT.
Reconciliation of suspense account â??Transaction reported by branch, system credits suspense account and Retail Ops on processing internal system debits the suspense account which need to be reconciled.
Recovery of correspondent bank charges â?? Correspondent bank charges are received in Nostro for MT103, Retail Ops takes rate and debit customer account and credit Nostro account.
DD Reversal and DD Cancellation is done by Retail Ops.
Swift message MT199 to MT999 (query) is received in Inward Tracker for the transaction processed which Retail Ops Co-ordinate / follow up with branches for required details and process the transaction with in TAT.
TT return cases to be followed with branches for additional / correct details and re-effect the swift payment or credit to customer account as instructed by the customer.
Call back report to be prepared at EOD with transaction reporting dump verses swift
R Return reporting done fortnightly
Required Experience, Skills and Qualifications
Education -Any graduation
Experience - Min 3-5 Years
Job Type: Full-time
Salary: ?25,000.00 to ?35,000.00 /month
work: 5 years (Preferred)
total work: 5 years (Preferred)