Treasury Manager - Forex

We are seeking an experienced and proactive Treasury Manager Forex to lead our treasury operations, FX dealing, remittance settlements, and interbank transactions. The ideal candidate should have a strong background in forex trading (retail and wholesale), derivatives hedging, SWIFT-based settlements, and regulatory documentation. This is a critical role ensuring optimal fund utilization, accurate compliance, and efficient treasury processes

• Manage day-to-day FX treasury desk operations (retail & wholesale forex).
• Quote rates for branches and clients, and hedge open positions through interbank transactions).
• Circulate daily card rates and manage FX liquidity across locations.
• Supervise treasury settlements for retail FX, travelers cheques, and bulk cash orders.
• Oversee inward and outward remittance processing, including SWIFT.
• Perform daily reconciliation of nostro/vostro accounts and address discrepancies.
• Scrutinize trade/non-trade remittance documentation for regulatory compliance.
• Liaise with banks and partners for timely fund settlements and confirmations.
• Handle export/import arrangements of physical banknotes to/from global markets.
• Ensure regulatory compliance (FEMA, RBI) in banknote movement documentation.
• Coordinate with logistics partners, customs, and regulators as needed.
• Monitor and manage credit lines extended by various banking partners.
• Implement hedging strategies using derivatives to reduce FX risk exposure
• Regulatory & Compliance Governance
• Ensure effective cash flow planning and timely fund availability.
• Identify and mitigate operational risks within treasury processes.
• Maintain accurate records of all treasury transactions and ensure end-to-end documentation.
• Leadership & People Management
• Prepare process notes, SOPs, and ensure audit-readiness across treasury operations.
• Collaborate with compliance/legal teams to maintain KYC and AML standards.
• Build and maintain strong working relationships with internal departments (sales, accounts, compliance) and banking partners.
• Lead training sessions for junior staff and branches on treasury processes and regulatory updates.
• Drive a data-first culture by ensuring real-time access to operational and financial data.
• Supervise preparation of branch-wise, product-wise, and sales performance dashboards.
• Identify business trends, sales bottlenecks, and areas of risk or opportunity using data analytics.
• Review profitability, cost structures, revenue growth, and business unit performance
• Provide strategic input for pricing, margin management, and commissions
• support budgeting, forecasting, cost optimization, and ROI analysis