Forex Operations Specialist

Department Icon Treasury & Forex
82+ Applicants
Posted: 1 year ago
0-1 years
Hyderabad
Work From Home
Upto ₹0 - ₹0

Posted: 1 year ago
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Applicants: 82+
Job Description
About Company
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Job Description

What role you will play in team: You'll be a vital part of our Forex Operations team, ensuring the smooth execution of foreign exchange transactions for our clients.

What you will do: You will process forex trades, reconcile accounts, and ensure compliance with all relevant regulations.

Key responsibility:

  • Process foreign exchange transactions accurately and efficiently.
  • Reconcile forex accounts and investigate any discrepancies.
  • Monitor foreign exchange markets and identify potential risks.
  • Ensure compliance with all relevant regulations and internal policies.
  • Prepare reports on forex transactions for management review.
  • Maintain accurate records of all forex transactions.

Required Qualification and Skills:

  • Bachelor's degree in Finance, Accounting, or a related field.
  • Strong understanding of foreign exchange markets and operations.
  • Proficiency in Microsoft Excel and other financial software.
  • Excellent attention to detail and organizational skills.
  • Ability to work independently and as part of a team.
  • Looking to get Placed? Try our Placement Guarantee Plan

  • Excellent communication and interpersonal skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and growth.
  • A dynamic and supportive work environment.
  • Health insurance, paid time off, and other employee benefits.

A Day in the Life: A typical day will involve processing forex transactions, reconciling accounts, and monitoring market trends. You will ensure accuracy and compliance in all your tasks.

Skills

Foreign ExchangeTransaction ProcessingAccount ReconciliationRegulatory ComplianceMicrosoft Excel

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About Company

Genpact was founded in 1997 as a unit of General Electric. The company was founded as GE Capital International Services (GECIS) in New Delhi. Starting with 20 employees under the leadership of CEO Pramod Bhasin, its charter was to provide business process outsourcing solutions to GE's businesses. In the beginning, GECIS created processes for outsourcing back-office activities for GE Capital such as processing car loans and credit card transactions. It was an experimental concept at the time and the beginning of the Business-Process-Outsourcing (BPO) industry.


One year after its launch, GECIS employed about 800 people and generated revenues of US$4 million. By 2001, GECIS operations had grown to 12,000 employees and the company began to manage a wide range of processes across GE's financial services and manufacturing businesses. Jack Welsh, CEO of GE at the time, said that GECIS was a key driver of GE’s growth between 1998 and 2001, and was responsible for reducing operating costs by approximately US$1 billion.


In 2003, GE reduced its stake in GECIS to 40% and sold the remainder to two American private equity firms. At the time of the sale, GECIS employed around 13,000 people in India and 4,000 people in the US, China, Hungary and Mexico, providing a range of solutions in areas such as finance and accounting, insurance claim processing, IT management and technical support.


By 2004, GECIS oversaw around 700 business processes for GE that had migrated from the US to India, generating revenues of US$426 million.

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Important dates & deadlines?

Application Deadline

28 Jun 25, 11:52 AM IST

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