Forex Executive

Muthoot Finance

Location

Ludhiana | India

Job description

Muthoot Finance Ltd is looking for Forex Executive to join our dynamic team and embark on a rewarding career journey

As a Forex Executive, you will be responsible for managing foreign exchange transactions and providing insights and recommendations to optimize currency trading strategies
You will work closely with internal teams and external partners to execute trades efficiently and mitigate risks

Key Responsibilities:

Execute foreign exchange transactions according to established procedures and guidelines.
Monitor currency market trends and analyze factors affecting exchange rates.
Develop and implement trading strategies to maximize profits and minimize risks.
Collaborate with internal stakeholders, including finance, accounting, and treasury teams, to coordinate currency trading activities.
Maintain relationships with external brokers and financial institutions to access market data and execute trades.
Prepare regular reports and presentations on currency trading performance and market analysis.
Stay updated on regulatory changes and compliance requirements related to foreign exchange trading.
Assist in developing and implementing hedging strategies to manage currency exposure.
Provide training and support to junior team members on forex trading best practices.
Continuously monitor and evaluate the effectiveness of trading strategies and recommend adjustments as needed.

Job tags

Salary