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Manager - Forex

Location: Belgaum

Job Summary

Lokmanya Multipurpose Co-operative Society is seeking an experienced and knowledgeable Manager – Forex to join our team in Belgaum. The Manager – Forex will be responsible for overseeing the Forex operations and managing the sales of Forex services. The ideal candidate should have a minimum of 4 years of experience in the Forex industry, with a strong understanding of Forex rules, regulations, and sales. They should possess leadership skills and the ability to drive results.


  • Oversee the day-to-day Forex operations, ensuring compliance with regulatory requirements and internal policies.
  • Manage the sales of Forex services, including foreign currency exchange, international remittances, and travel cards.
  • Develop and implement strategies to maximize Forex revenue and achieve sales targets.
  • Build and maintain strong relationships with clients, providing personalized Forex solutions and excellent customer service.
  • Stay updated with Forex market trends, currency rates, and regulatory changes to provide accurate and timely information to clients.
  • Monitor market risks and recommend appropriate hedging strategies to minimize Forex-related risks.
  • Coordinate with banks and financial institutions to ensure smooth Forex transactions and timely settlements.
  • Prepare reports on Forex transactions, revenue, and market analysis for management review.
  • Train and mentor team members on Forex rules, regulations, sales techniques, and customer service.
  • Ensure compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.
  • Collaborate with internal teams, such as operations, compliance, and risk, to streamline Forex processes and enhance service delivery.
  • Stay informed about industry best practices, emerging technologies, and innovations in the Forex industry.

Qualifications and Experience

  • Minimum 4 years of experience in the Forex industry.
  • Strong knowledge of Forex rules, regulations, and best practices.
  • Proven track record in Forex sales and achieving sales targets.
  • Excellent understanding of currency exchange, international remittances, and travel cards.
  • Leadership skills with the ability to manage and motivate a team.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills.
  • Bachelor’s degree in Finance, Business Administration, or a related field is preferred.
  • Male candidates within the age range of 30-45 will be considered for this position.

If you meet the above requirements and have a passion for Forex operations and sales, we would love to hear from you.

To apply, please send your resume and a cover letter detailing your relevant experience to resume@lokmanyasociety.org.

Our Core Values

At Lokmanya, we believe that a career should be more than just a job; it should be a passion-driven adventure that brings out the best in you. We are not just a company; we are a community of like-minded individuals united by a common purpose: to make a meaningful impact on the world.

At Lokmanya, our core values are the heartbeat of our culture and the driving force behind everything we do. They define who we are as a company and guide our decisions, actions, and interactions with our customers, employees, and partners.


Every job seeker should be aware of online recruitment fraud. Fictitious job postings, fraudulent job offers, and individuals purporting to be recruiters can defraud job seekers, commit financial crimes or steal identities.

Lokmanya Society takes this matter seriously and is actively working to reduce the likelihood of our brand being misrepresented as part of fraudulent activity. Job seekers interested in Lokmanya Society roles should know the following:

  • At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
  • Lokmanya Society employees (including our recruitment teams) use email addresses that end in @lokmanyasociety.org
  • At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
  • Communications you send directly to Lokmanya Society or anyone recruiting for Lokmanya Society should only go to email addresses ending in@lokmanyasociety.org

These fraudulent job postings or “recruiters” may ask job seekers for money, banking details, or other personally identifiable information.Recruiting scams have become more sophisticated and can appear as legitimate recruitment activities of reputable companies and often use third-party websites or direct email approaches. Caution should always be shown when sharing personal information and we hope that by highlighting these developments, unsuspecting job seekers will not be duped by these scams.

Generally, job seekers should watch out for: Incorrect domain names or email addresses: Check for misspellings of hiring companies or emails from domains that do not match the hiring company.Use of messaging services: Legitimate companies won’t conduct job interviews through messaging services like Google Hangouts, Yahoo Messenger, or Facebook Messenger. Unclear or broad job descriptions: Scammers use broad, vague job descriptions to capture a wide net of potential targets. Legitimate job ads will have a clear description of what your duties would be and will list the requirements for the job.The “dream” job offer: Extremely high compensation for a position that requires no skills or experience or job offers without any interview process… If it’s “too good to be true” it is likely fraudulent.

Requests for financial information: Be wary of any ask for money, credit card, or bank account information to complete a job application or create eligibility for a job. Requirements to purchase training or equipment: If a company wants you to pay for training materials or equipment before it will consider you for a job, it is likely fraudulent.