Foreign Exchange Consultant

Summary:

Responsible for creating, processing, and verifying Corporate and Interbank FX/MM payments and settlements using Transaction Processing Systems and Broadridge applications. Supports issue resolution with traders, counterparts, and internal teams to ensure smooth and accurate transaction flow.

Principal Duties & Responsibilities

1. General Responsibilities

• Process and approve all Corporate/Interbank FX and Money Market trades Transaction Processing Systems in a timely manner.
• Prepare and verify manual payments (Fed, CHIPS, SWIFT) when needed.
• Enter payments into Broadridge Metro PACS.
• Review critical control reports related to manual settlements or processing.
• Perform end-of-day (EOD) reconciliations.
• Update records in Broadridge Metro FUNDING.
• Send and confirm FX/MM transactions via email, SWIFT, and third-party platforms.
• Coordinate with the Documentation/Confirmation team to stop payments for any MT-392 issuance.
• Monitor USD Fed/CHIPS reconciliations.
• Act as liaison with Front Office and internal departments to resolve issues.
• Reconcile brokerage bills and payments.
• Identify and resolve operational problems.
• Assist colleagues with daily operational tasks.
• Participate in cross-training across all FX/MM transaction processing and settlement functions.
• Support special projects and perform additional tasks as assigned.

2. Exception Responsibilities

• Complete ad hoc assignments as requested by the Unit/Section Head.

3. Compliance Responsibilities

• Develop a basic understanding of relevant banking regulations.
• Direct all compliance-related questions to the Americas Legal and Compliance Division.
• Attend required annual compliance training.
• Review and respond to compliance directives and materials.
• Adhere to the Bank’s Code of Conduct.

Qualifications

• Bachelor’s degree preferred.
• 5+ years of experience in Money Market or Forex Operations (or equivalent).
• Proficiency in Outlook, Excel, and Microsoft Word.
• Strong communication skills to work effectively with Corporate Clients, Account Officers, Traders, and team members.

*** Pay Rate- $40-$42/hour

Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.