Foreign Exchange Position Clerk Job Description Sample
VP, Assistant Foreign Exchange Sales Manager - (548)
Come join Cathay Bank and be a part of a successful organization that values Integrity, Strategic and Effective Leadership, Exceptional Employees, and Extraordinary Services to Customers. Our employees play an integral part of our missions to be a bank with an open door and the premier financial partner to our customers and assist them in reaching their financial goals and dreams!
In 1962, Cathay Bank opened for business with the mission of providing financial services to the growing but underserved Chinese-American community in the greater Los Angeles area, thus becoming the first Chinese-American bank in Southern California. Recognizing that the community it served was part of a more diverse one, Cathay Bank adopted the motto "An Open Door for All." Its rapid expansion was fueled by successive waves of immigration, burgeoning trade between America and Asia, and the economic development of the surrounding community.
Today, Cathay Bank is a subsidiary of Cathay General Bancorp (NASDAQ: CATY), a publicly held bank holding company with $13 billion in assets. Its service network extends from California and Washington on the West Coast to Nevada, Texas, and Illinois, and New York, New Jersey, Maryland, and Massachusetts on the Eastern Seaboard. Overseas, it has a presence in the three important commercial centers in the Asian-Pacific Rim - Hong Kong, Taipei and Shanghai.
Achieve department assigned goal and objective including fee income, deposit, and projects.
Market new prospects. Expand and develop commercial and consumer customer base.
Coordinate with various departments and branches in developing business opportunities.
Quote exchange rate, execute transactions/follow-ups, perform all aspects of new account opening procedure, and produce reports in an accurate manner.
Conduct customer, branches, and loan teams training and seminars.
Analyze market data/development and communicate to colleagues and customers.
Maintain an awareness of competitive products, practices, rates, and changes in the market.
Risk management, negotiating and quoting foreign exchange pricing.
Education: Bachelor's degree in related field preferred.
Experience: Minimum five to seven years of experience in sales, business development, bank's new account, or customer service. Previous foreign exchange experience in financial institutions.
Skills/Ability: Good risk management, negotiating and closing skills. Strong cross-functional team skills. Ability to work independently under minimal supervision. Ability to travel locally and out of state. Bilingual in English and Chinese. Proficient in MS Excel, Word, and PowerPoint. Excellent communication skills and ability to process financial information quickly. Ability to concisely articulate information to colleagues and customers.
It is the individual responsibility of every employee to maintain a current awareness and understanding of appropriate banking laws, regulations, internal policies and procedures, and to comply fully with those laws, regulations, policies and procedures. From time to time, employees may be assigned tasks or duties as deemed appropriate by their supervisors. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed, as an exhaustive list of all responsibility, duties and skills required of personnel so classified.
Senior Sales Representative, Foreign Exchange
JOB BRIEF (PURPOSE)
This position has responsibility for driving foreign exchange sales revenue through high quality client servicing, strong internal partnerships, prospecting and strong sales process execution.
ESSENTIAL JOB FUNCTIONS
Drive revenue through high quality client servicing, strong internal partnerships, prospecting and strong sales execution
Uncover client needs beyond everyday spot/forward to be able to deliver a full solution
Establish strong internal partnerships with lending and credit teams through regular contact via team meetings and foreign exchange product presentations to build collaborative customer focused relationships
Work with relationship managers to identify prospect lists
Utilize the consultative sales model to undertand the strategic objectives of customers and to understand the financial impact of products to the client
Draw on the full resources of the bank to provide high quality solutions and service to customers
Identify ways that our product, sales and service organizations work together to deliver value and help to create efficiencies
Gain insight on successes and challenges through client and partner feedback
Bring new prospects to the institution through own resources
Maintain regular sales activity as outlined on the position's scorecard
Create and maintain client records including customer profile set-ups, foreign exchange credit facility, exception documentation
Create and maintain an updated list of individuals authorized to approve foreign exchange transactions by lending group and / or sales territory
Continue professional and personal development by completing at least one sales and or professional development seminar as appropriate
Demonstrate an understanding about our sales process; incorporating changes when necessary
Serve as the key leader for client quality and service; act decisively to implement solutions and resolve crisis and follows up to assure resolution
Possess a Bachelor's degree
Excellent written and oral communication, interpersonal, and organizational skills
Strong mathematical skills
Embrace a client-focused work ethic
Have desire to work in a team environment
Be self-motivated and results-oriented
Be able to function effectively under pressure
Minimum five years experience on a foreign exchange corporate sales desk
Previous sales experience
Strong analytical skills of political and economic data
Familiarity with Reuters, Bloomberg, Word, PowerPoint, Excel, Salesforce
- Seven years experience on a foreign exchange corporate sales desk
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
ABOUT THE BUSINESS:
Key Corporate Bank is a full-service corporate and investment bank focused principally on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology. Key Corporate Bank delivers a broad product suite of banking and capital markets products to its clients, including syndicated finance, debt and equity capital markets, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance.
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Foreign Exchange Trader
Req ID: 15464
Other Location(s): N/A
Come grow with us
At Capital Group, how we work is defined by shared values that include absolute integrity, respect and collaboration. But it's more than that. It's smart and highly driven people united in purpose to serve our investors and one another.
Bring your energy and unique perspective to Capital and you'll have the opportunity to grow with us professionally, personally, and financially. You'll be part of a team that genuinely cares about helping you succeed. You'll work alongside talented colleagues, many of whom build long careers while progressing through multiple roles, establishing lifelong friendships and making a difference in our communities. In return for your contributions, you'll receive premier compensation and benefits, and a company-funded retirement plan that ranks among the most generous.
The Fixed Income Group is seeking an FX Trader who will be responsible for advising on and transacting foreign exchange transactions in support of Capital Group's investment activities worldwide, utilizing the latest in trading technology and applications. The trader will partner with 3 current FX Traders, based in LA and London, as well as investment professionals throughout Capital Group's offices around the world. Established in 1931, Capital Group has $1.7tn in assets under management, and has been managing fixed income strategies since 1973, with approximately $300bn in fixed income assets under management. We have an experienced team of 26 fixed income traders in Los Angeles, London, Singapore and New York. This position will be based in Los Angeles.
Primary responsibilities/essential functions:
Function as a subject matter expert on all currency related matters, building strong relationships with other trading desks to ensure that FX trading activity is aligned with overall trading strategy
Play a critical role in implementing and championing the latest in FX trading technology, analysis and platforms, to continue to elevate Capital Group's FX Trading function to best in class
Execute trades and identify trading strategies/investment opportunities in G10 currencies and Emerging Market currencies
Perform ongoing risk management, with regards to currency hedging and rebalances
Build and maintain strong internal and external relationships, with investment group colleagues and sell side counter-parties
Collaborate with Capital's investment professionals worldwide to discuss market trends and investment strategies
Liaise with Investment Operations and other business units to maintain order flow integrity, monitor risk and improve communication
Perform additional responsibilities and undertake special projects as assigned
Minimum of 7-10 years' experience of FX trading experience
Experience on a well-regarded FX desk, combination of buy-side and sell-side experience desirable
Proficient with Excel and other analytical tools
Proficient in state of the art trading technology and applications, with knowledge of algorithmic trading
Self-starter and team player with excellent communication skills
Able to work calmly, flexibly and efficiently in a fast-paced environment
Strong relationship building and negotiation skills
Bachelors or Master's degree in business, economics or other quantitative major
Founded in 1931, Capital Group is one of the world's largest and most trusted investment management companies and home to the American Funds. We manage more than US$1.39 trillion in assets, and our 7,500 associates make our clients their first priority every day. When we do our job right, millions of investors around the world fulfill their dreams and financial goals, from home ownership and higher education, to a comfortable retirement. Our long-term investment results and outstanding service set us apart from our competitors, while our workplace sets us apart from other employers.
Foreign Exchange Associate I
The Foreign Exchange Associate role is a highly visible role that works directly with the Senior Marketers to maintain and grow client relationships and ensuring a positive client experience. It requires a comprehensive understanding of capital markets and the macroeconomic impact of domestic and foreign policies on currency fluctuations.
Maintain constant supervision of electronic dealing platforms, executing spot, forward and option transactions under time constraints with adherence to risk and credit policies
Work with Analysts to complete administrative functions to support the trading desk i.e. ad-hoc report generation and assist in new customer setup and investigations for clients
Focus on assisting Senior Marketers with Work with the team to research, create and present pitch books for clients based on individual needs and suitability standards
Pricing and executing transactions and ensuring seamless transaction settlement
Manage weekly distributions (including market updates and memos to Senior Management), deal tracking sheets/systems, Salesforce and pipeline activity, and project work as needed.
Independently follows up with clients to address any questions or to resolve issues on a timely basis
Minimum 2-3 years of FX analytical and/or Associate experience in Financial Markets with one to two years experience in Foreign Exchange
Financial modeling, back testing, and quantitative analytics as required
Demonstrate competency with Microsoft office applications and excel modeling
Competency with Bloomberg applications and multi-dealer FX platforms
Additional competencies preferred and to be developed: financial analysis/modeling, risk evaluation, macro programming, option pricing, and other quantitative measures as required.
Requires an understanding of Credit and Risk as it pertains to Citizens Bank, preferably with experience in these areas
Independently ensures that all monitoring and tracking requirements are met and that all documentation is on file for new/existing clients and transactions
Demonstrates an ability to learn quickly, and actively pursues opportunities to develop skill sets and networks
Displays strong verbal, written communication, and interpersonal skills as well as the ability to work effectively in a team environment
Bachelors Degree Required
Masters Degree or MBA preferred
Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday to Friday
Why Work with Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment and Opportunity Employer/Disabled/Veteran
It is the policy of Citizens Bank and Citizens Securities, Inc. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Opportunity & Affirmative Action Employer Disabled/Veteran
Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.
Manager, Global Treasury - Foreign Exchange
Under Armour is the chosen brand of this generation of athletes... and the athletes of tomorrow. We're about performance - in training and on game day, in blistering heat and bitter cold. Whatever the conditions, whatever the sport, Under Armour delivers the advantage athletes have come to demand.
That demand has created an environment of growth. An environment where building a great team is vital. An environment where doing whatever it takes is the baseline and going above and beyond to protect the Brand is commonplace.
The world's hungriest athletes live by a code, a pledge to themselves and everyone else: Protect This House... I Will. Our goal is to Build A Great Team! Will YOU…Protect This House?!
The Lead, Global Risk Management is responsible for all aspects of the Company's FX and interest rate risk management activities. Specific responsibilities include managing FX and interest risk for the global company, overseeing the daily and monthly execution of the Company's hedging strategy, coordinating cross-over functions between FX and global cash management. The Manager will also act as advisor and business partner to Business Units and Continents in the areas of FX and interest rates.
Essential Duties and Responsibilities
Analyze and manage the global execution of the Company hedging strategies to mitigate exposure to significant FX and Interest Rate risk, including:
Executing monthly balance sheet hedge program.
Executing cash flow and net investment hedge strategies.
Analyzing and assessing currency exposures to identify opportunities to enhance the hedging program.
Monitoring interest rate risk, developing recommendations, and supporting the execution of the strategy to manage risk within established guidelines.
Partnering with various banking providers to evaluate and enhance existing hedging programs.
Preparing monthly accounting reconciliations and ensuring compliance with applicable derivative regulatory requirements.
Support monthly FX hedge committee meetings with Senior Leadership by preparing key supporting schedules, participating in the discussions and documenting key takeaways and action items.
Forecast Other Income and the impact of Cash Flow hedges in line with Company forecasting calendar.
Perform sensitivity analysis on budgets and forecasts due to movements in fx rates.
Support bi-annual VaR analysis
Distribution of planning and accounting FX rates.
Establish and maintain key banking relationships including negotiation of counterparty agreements such as ISDAs.
Monitor and advise on counterparty credit risk throughout the organization.
Support managing international cash flow/cash needs and investments as they relate to foreign currency funding and long term international capital structure decisions.
Performs other duties as assigned to meet business needs.
Knowledge of worldwide financial and capital markets, and tax, legal and accounting issues pertaining to derivatives and other capital markets tools preferred.
Understanding of generally accepted finance and accounting policies, principles and controls.
Knowledge of banking software and treasury workstations preferred.
Strategic thinker with excellent analytical, critical thinking, problem-solving, interpersonal, and relationship building skills.
Ability to communicate effectively at all levels and articulate ideas, financial results, and actionable recommendations.
Responsive; able to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.
Able to make decisions in a timely manner sometimes with incomplete information and under tight deadlines and pressure; comfortable challenging organizational norms and accepted thinking to improve effectiveness.
Demonstrated leadership skills, willingness to "do what it takes" to get the job done-done-done, and commitment to challenging the status-quo to make things better.
Must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed.
Ability to learn quickly in dynamic environment and to initiate and champion change.
Humble & Hungry.
Education and/or Experience
5+ years of Treasury experience at a large multinational company
BS/BA in Accounting or Finance; MBA or CTP preferred
Strong interpersonal skills — including written and oral communication skills
Experience with treasury workstation and SAP a plus
GET IT DONE – ACCOUNTABILITY
Delivers results and hits deadlines
Takes responsibility and ownership of role-related tasks
Acts in alignment with Brand values principles and code of conduct
FIND A BETTER WAY – CREATIVITY & INNOVATION
Generates new solutions that contribute to Brand evolution
Asks questions and challenges the status quo
Contributes to ta culture of creativity and idea generation
WIN TOGETHER – COLLABORATION
Works collaboratively with other teammates to hit goals
Builds working relationships with others cross-functionally
Acts in the best interest of the Brand, and others, versus self
THINK GLOBALLY – GLOBAL PERSPECTIVE
Demonstrated understanding of cultural practices and global perspectives
Adapts behavior and solutions based on global trends.
MAP THE FUTURE – STRATEGIC VISION
Creates goals and action plans that align with UA overall strategic vision
Makes the connection between vision, team, goals, and individual goals
Communicates clear, specific and achievable objectives to others
BUILD A GREAT TEAM – BUILDING TALENT
Attracts, selects and develops the best talent
Creates opportunities to develop and mentor other teammates
Provides feedback and coaching on teammate performance and development
Motivates others through recognition and a shared sense of purpose
At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Foreign Exchange Sales Analyst
At Wells Fargo, we have one goal: to satisfy our customers' financial needs and help them achieve their dreams. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.
Wells Fargo Securities (WFS) delivers a comprehensive suite of investment banking, capital markets & advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. WFS has over 4,600 team members in offices around the globe, including Charlotte, New York, San Francisco, Houston, London, Hong Kong and 11 other locations. This position resides within the Foreign Exchange team. Foreign Exchange is part of the Macro group which includes Rates, Liquid Products, Commodity, CVA and FX Trading. We are looking to hire an FX Sales Analyst who will support the Corporate Foreign Exchange Sales team based in San Francisco. As background, the Corporate Foreign Exchange sales team positions hedging products (spot, forward, NDF, exotic options and cross-currency swap solutions) to primarily middle-market and large corporate clients.
Key Responsibilities include:
Assisting in new business growth in a proactive manner.
Covering basic foreign exchange client transactions in the market and entering trades in our internal system.
Enhancing existing customer relationships utilizing a consultative sales and support approach.
Running reports - transaction, P&L, customer reports, etc.
Creating (upon request) extensive and detailed client presentations.
Ongoing maintenance of databases, mailing lists and call reports.
Helping to manage all incoming customer phone lines.
Coordinating all details and logistics related to onsite (and offsite) customer workshops.
Being the point person between the front-office and back-office on trade and settlement issues.
Being proactive in an overall support role to the foreign exchange team on the San Francisco desk and across the wider national and global footprint.
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following, and adhering to and if applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
This position is subject to Dodd-Frank Background Screening Requirements, including successful completion and clearing of a background screen. Applicants are subject to a new screen to comply with Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which states that Associated Persons (AP) cannot be subject to statutory disqualification. Under industry regulations, an AP is defined as a team member who solicits or accepts client orders for swaps. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
- 1+ year of financial services industry experience; or a BS/BA degree or higher obtained prior to program start date
Strong organizational, multi-tasking, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Other Desired Qualifications
Familiarity with Bloomberg terminal
Comfort with self-directed task prioritization
Desire to work in collaborative environment
Basic accounting knowledge
A strong work ethic and positive attitude
Minimum 1+ year foreign exchange sales experience or other equivalent capital markets experience
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
0048280 WHOLESALE BANKING
Senior Treasury Analyst, Foreign Exchange
At World Fuel Services, our employees are the key to our global success.We are industry leaders due to the innumerable talents of our approximately 5000- strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.
When you click 'Apply', you will need to click on 'Create Account'. By creating an account, you will be able to view your applications and their statuses. Your password must contain 1 upper case letter, 1 number, and 1 special character.
World Fuel Services is an equal opportunity employer committed to a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or any other characteristic protected by law.
The Senior Treasury Analyst, Foreign Exchange (FX) manages currency risk for WFS and oversees the global corporate foreign exchange policy and strategy. This requires significant interaction with the business to ensure currency exposures are communicated and hedged in a timely manner to mitigate currency risk. The Senior Treasury Analyst, FX is responsible for:
Identify and track foreign exchange exposures on a worldwide basis
Create, maintain and deliver hedge performance to management each period
Formulate hedging strategies consistent with the objectives of the Foreign Exchange policy
Execute hedging activities once approved by appropriate personnel
Recommend foreign exchange policy changes to management
Record and communicate foreign exchange trades for verification and confirmation.
This position will have substantial contact with the commercial segment teams, Accounting, PRISM and our corporate banks
BS/BA in Finance or Accounting
3-5 years of finance experience
Knowledge of accounting for FX (FAS 133, 52) and FX process, FXALL, banking online platforms
Extremely good communication and analytical skills
Operations – Securities Division Operations – Derivatives Settlements – Foreign Exchange Settlements – Analyst – Salt Lake City
MORE ABOUT THIS JOB
Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
Foreign Exchange Settlements is seeking a professional with strong communication skills, excellent attention to detail and the ability to work in a fast paced environment managing cash flows associated with the global foreign exchange market.
The Foreign Exchange (FX) Settlements team supports the global FX market, the team operates in a fast-paced environment, ensuring that cash flow exposures are appropriately risk managed, settled and while providing a best in class client service. In addition to a high client interaction the team regularly interacts with other areas in the firm including FX Sales & trading, Middle Office, Treasury & Liquidity and Credit.
RESPONSIBILITIES AND QUALIFICATIONS
HOW YOU WILL FULFILL YOUR POTENTIAL
Prepare to gain a comprehensive understanding of the FX trade lifecycle and associated cash flows by interacting with trading and sales in addition to middle office, treasury and valuations
Partner with a team of settlement experts to deliver excellent client service while ensuring exposure risks are appropriately mitigated
Showcase your attention to detail and ability to manage several tasks at once by ensuring all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure
Identify process and controls improvements by leveraging constantly evolving tools that can be used to build scalability without introducing new risks
Grow with the team; develop a deep understanding of the businesses that are supported, the market landscape that can drive innovation and change, and how you can play a role in the team
SKILLS AND EXPERIENCE WE ARE LOOKING FOR
Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of FX experience
Self-motivated and proactive team player who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities
Flexible and able to work well under pressure in a team environment
ABOUT GOLDMAN SACHS
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Global Markets – Vice President – Emerging Markets Foreign Exchange Trader
Provides timely and accurate execution of trades for Company's targeted institutional clients in assigned area. Manages the firm's trading risk as assigned. Responsibilities commensurate with level assigned.
Primary Responsibilities/Essential Functions:
Effectively maintains various risk positions and manages position limits, providing liquidity to clients and markets in order to maximize total revenue of trading profit plus commission
Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary
Provides consistent pricing and market making to sales force and target clients
Monitors all daily electronic trading activity and determines where certain trades should be routed for execution, reviews all activity for accuracy of account information
Ensures all trades are booked to front office position keeping system on the day they are executed
Reconciles daily and/or monthly reports, as assigned
Ensures compliance monitoring is in place, including processes for management of operational risk, in accordance with HSBC and regulatory standards
Provides management direction to foster effective selection, development and reward of subordinates (if applicable) while contributing to initiatives in support of the Company's Diversity programs
Complete other related duties as assigned
- Uses initiative and independent judgement to analyze, problem solve and proactively respond to client issues. Expected to make the necessary decisions to carry out own job responsibilities and meet primary goals and objectives. Evaluates and escalates complex issues and/or problems to manager
Management of Risk
Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues
Promote an environment that supports diversity and reflects the HSBC brand
Observation of Internal Controls
Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
Two to five plus years institutional trading experience, detailed knowledge of all aspects of equity trading/compliance
Bachelor's degree in Finance, Economics, or equivalent work-related experience
Typically series 7 and 63 registrations (may not have registrations in HBUS)
Excellent verbal and written communication skills, must have strong analytical skills
Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills
Able to understand and manage complex and diverse instruments
Foreign Exchange Middle Office Operations Manager
The Foreign Exchange Middle Office is responsible for Profit and Loss Monitoring, Risk and Compliance Reporting, Revaluations, FX Options, Trade Verifications, Foreign Currency Loans and supporting audit requests for documentation on existing FX accounts. They serve as a liaison between the FX Front and Back Offices, reviewing, monitoring and supporting FX related activity. In partnership with Interbank Traders and the FX Sales team, the department is responsible to improve efficiency, effectiveness, productivity and/or control to meet established Service Level Standards and Regulatory Compliance Requirements.
The FX Middle Office Manager is responsible for leading and effective management of a team of employees in Chicago and Minneapolis that may range from lower level non-exempt through exempt level professionals including daily operational activities as well as leading strategic initiatives focusing on continual process improvement. They provide quality service and effective operations support for all internal and external customers. Accomplish results through the execution of Service Level Agreements, validation of strong and effective controls, business continuity planning, employee development and streamlined processes focusing on risk mitigation. Administer corporate policies and procedures to ensure compliance with applicable laws and regulations. Participate in the review and recommendation of operational systems and processes affecting assigned units, coordinating system conversions from an operations perspective.
Bachelor's degree, or equivalent work experience
Eight to ten years of operations experience in the financial services industry
Four or more years of supervisory/management experience
Considerable knowledge of Foreign Exchange operational functions, systems, policies and procedures
In-depth understanding and practical application of applicable laws and regulations governing International Products including Dodd Frank, Market Risk Policies, OFAC, compliance and regulatory requirements
Excellent organizational, managerial and project management skills
Ability to manage multiple tasks/projects and deadlines simultaneously
Exceptional customer orientation and ability to balance the needs of clients and team members
Process improvement or re-design certifications/experience
Solid background in handling complex transactions with ability to identify customer solutions
Impeccable analytical, written, verbal and interpersonal communication skills
Remote Management experience with the ability to lead and drive employee development and engagement, identify and retain top talent
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