WTO:Retail Forex & Remittances Center Process Control – Airoli


  • Full Time

To apply for this job please visit axiscareers.axisbank.co.in.

AboutTransaction Banking Operations:

TheTransaction banking operations department helps in managing the transaction in the banks. Transaction Banking (TB) can be defined as the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g.trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges)

About the Role:

TheRetail Forex & Remittances Center Process Control is responsible for compliance of outward remittance, Inward Remittance and multi-currency card of PAN India branches. They are responsible for Processing and verification of Outward and Inward Remittance.

Key Responsibilities

·Ensure Cost Control for the FY and manage operational loss

·Handle customer Complaints and ensure adherence to prescribed TAT for customer centric clear transactions (non-rejection cases)

·Ensure Error-free compliance of transactions and processing of retail forex transactions as well as SWIFT payments

·Implement Automation of Processes

·Ensure Reduction in number of audit irregularities & timely rectification and prompt reconciliation of GL heads.


Optimal qualification for success on the job is:

·Graduate/ MBA preferred

·Additional Certificate course related to Banking sector

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

·Knowledge of banking products and services

·Knowledge of regulatory guidelines and norms

·Good communication (both verbal and written) skill in both English and the local language

·Ability to manage complex client situations

·Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

·Ability to handle pressure and meet deadlines

Job Overview