Assistant Vice President/Manager - FEMA Remittance & Payment Operations - Banking

Leading global banking and financial services organization is hiring for a FEMA Remittance / Payment Operations role within its regulatory reporting and payment services function. The role involves managing capital account transactions, FEMA compliance, RBI regulatory reporting, operational controls, stakeholder coordination, and process governance across remittance and payment operations. The position requires strong expertise in ECB, ODI, FDI, and related regulatory processes.

Key Responsibilities:

- Manage end-to-end FEMA and capital account transaction operations including ECB, ODI, FDI, and BOLOPO processes

- Oversee regulatory reporting and ensure compliance with RBI guidelines and timelines

- Drive operational efficiency, process governance, and service quality across payment operations

- Coordinate with internal stakeholders, customers, regulators, and external vendors

- Monitor operational risk, audit observations, and compliance adherence

- Ensure process standardization, documentation updates, and business continuity readiness

Ideal Candidate Profile:

- 3-14 years of banking operations experience with exposure to FEMA and remittance operations

- Strong hands-on expertise in capital account transactions and RBI regulatory reporting

- Experience in payment operations, regulatory compliance, or remittance processing within banking/financial services

- Strong stakeholder management, communication, and problem-solving skills

- Ability to manage operational controls, audits, and compliance requirements

- Must be willing to work onsite from Mumbai