We are seeking an Operations Intern to assist in managing and coordinating various operational tasks. The role will involve monitoring foreign currency transactions, collaborating with internal and external teams, managing the OPS portal, ensuring timely resolution of tickets, and more.
- Operations
Operations Intern
- Intern
- Mumbai
Job Description:
Qualifications & Skills:
Bachelor’s degree in Accounts, Finance or related field.
2-6 years of proven experience in back-office operations, with a focus on financial transactions.
In-depth knowledge of FEMA and regulatory compliance requirements.
Previous working experience in Trade Forex, cross-border Payments/ FinTech /Payment firm.
Knowledge of Cash Management Operations and SWIFT payment.
Basic understanding of Compliance and Client on-boarding.
Nostro reconciliations & bank reconciliations
Strong analytical skills with keen attention to detail.
Excellent communication and interpersonal skills.
Ability to adapt to a fast-paced, dynamic work environment.
Key Responsibilities:
Payment Processing:
Manage the end-to-end process of payments, ensuring efficiency and accuracy. Oversee the reconciliation of receivables and payables, ensuring accuracy and completeness.
Policy and Procedure Compliance:
Interpret and enforce policies and procedures to ensure compliance with relevant regulations.
Stakeholder Interaction:
Engage with customers, intermediary banks, and other financial institutions to resolve payment-related issues effectively.
Transaction Monitoring:
Conduct thorough verification of invoices, ensuring accuracy and adherence to company policies. Complete due diligence of inward transactions and complete payouts as per regulatory requirements.
Coordination with Financial Institutions:
Collaborate with banks and financial institutions for seamless transactions. Ensure effective coordination for various financial operations.
Query Resolution:
Address internal and external stakeholder queries related to operational processes.
Ad-Hoc Operational Tasks:
Undertake ad-hoc tasks as assigned by clients or management. Demonstrate flexibility to handle unforeseen operational challenges.
