Job Description

We are seeking an experienced and detail-oriented Operations Manager to oversee operations

under the Authorized Dealer (AD-II) category. The role involves managing end-to-end

transaction processing, ensuring audit & compliance, maintaining coordination with banks and

internal departments, and driving operational efficiency. The ideal candidate will have a strong

understanding of forex operations, remittance handling, and regulatory procedures.

Key Responsibilities:

1. Operational Management

? Supervise and manage daily operations related to outward remittances, including

education fees, living expenses, maintenance, gifts, medical treatment, and other

permitted purposes under the Liberalised Remittance Scheme (LRS).

? Ensure accurate verification and processing of Form A2, LRS declarations, and

supporting documents.

? Authorize transactions in line with internal approval limits and RBI guidelines.

? Monitor TT (Telegraphic Transfer), Wire Transfers, and SWIFT message creation and

reconciliation.

? Ensure proper filing, maintenance, and audit readiness of all transaction-related

documents.

2. Regulatory & Compliance

? Ensure strict adherence to FEMA, RBI Master Directions, AML/KYC norms, and internal

compliance policies.

? Coordinate with the Compliance Officer for screening against sanction lists (UNSCR,

OFAC, EU, PEP) before processing transactions.

? Regularly update team members on new circulars or amendments issued by RBI.

? Assist in internal, concurrent, and statutory audits and ensure timely closure of audit

observations.

3. Team Management

? Lead and mentor a team of operations executives and customer relationship staff.

? Allocate workloads, monitor productivity, and ensure training on updated RBI circulars

and operational software.

? Foster a compliance-oriented and customer-focused work culture.

4. System & Process Control

? Oversee transaction entries in the forex/ERP system, ensuring accuracy in data uploads

to partner banks.

? Implement process controls to prevent operational lapses and financial risks.

? Liaise with IT/vendor teams for resolving system-related issues in the remittance

module.

5. Coordination & Stakeholder Management

? Coordinate with banks (AD Category-I) for fund settlements, discrepancy resolution, and

swift credit to beneficiaries.

Desired Candidate Profile

? Graduate/Postgraduate in Commerce, Finance, or Management.

? Minimum 5+ years of experience in Forex, Banking, or Financial Services operations.

? Hands-on exposure to AD2 & AD1 operations, remittances, audit & compliance, and

transaction processing.

? Strong expertise in bank coordination, documentation accuracy, and client management.

? Proficient in MS Office and CRM tools.

? Excellent communication, analytical, and problem-solving skills.

? Ability to perform under pressure while maintaining precision and efficiency

Job Type: Full-time

Pay: ?75,000.00 - ?80,000.00 per month

Application Question(s):

Require Only Male Candidate
Work Location: In person