India Cash & Foreign Exchange Operations - Analyst
On-site · Bengaluru, Karnataka, India
Job Summary
Analyst in Foreign Exchange Operations responsible for end-to-end processing and investigation of cross-border FX transactions. You will validate purpose codes, deal references, supporting documentation, and ensure compliance with FEMA RBI requirements and sanctions guidelines. The role involves managing investigations for rejects/returns/recalls, performing nostro/vostro reconciliations, maintaining audit-ready evidence through maker-checker controls, and driving continuous improvement through root-cause analysis and SOP updates. Requires a Bachelor’s degree and at least 2 years of FX operations experience, with strong attention to regulatory detail and stakeholder coordination in a high-volume environment.
Required Qualifications
- Bachelor’s degree in Commerce, Finance, or Business
- Minimum 2 years of hands-on experience in foreign exchange operations
- Strong knowledge of Foreign Exchange Management Act and Reserve Bank of India requirements for current and capital account transactions
- Experience with purpose-code mapping, documentation standards, export realisation timelines, and Liberalised Remittance Scheme limits
- Experience performing documentary checks for trade-related foreign exchange transactions and managing regulatory evidence
- Experience managing investigations for payment rejects, returns, recalls, and beneficiary non-receipts using payment tracking and case tools
- Experience performing nostro/vostro reconciliations, clearing breaks, and completing end-of-day controls
- Strong stakeholder management and communication skills across treasury, trade operations, compliance, and client service teams
- Ability to deliver accurate outcomes under high volume and tight service-level commitments
- Strong attention to detail, control discipline, and sound escalation judgement
- Certified Anti-Money Laundering Specialist qualification (or in progress) (preferred)
- Advanced Microsoft Excel skills; familiarity with Tableau and/or Alteryx (preferred)
- Experience improving processes through root-cause analysis and SOP enhancements (preferred)
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