Associate, Foreign Exchange Trade Support

Capital One•Plano, TX

3d•$66,700 - $76,100•Remote

About The Position

Capital One Commercial Ops is seeking an Associate, Foreign Exchange Trade Support to join their virtual team. This role is part of the Commercial Client Operations (CCO) division, specifically within the Capital Markets Derivatives Operations team (CMDO). CMDO supports Commodities, FX, and Interest Rate Derivatives Desks, ensuring efficient and accurate transactions and lifecycle processing. The FX Trade Support team focuses on Trade Capture and Sales Support for Foreign Exchange derivative products, partnering with business, trading, and operational teams to support the full derivative life cycle. The role involves interaction with regional teams and domestic counterparties.

Requirements

High School Diploma, GED or equivalent certification
At least 1 year of experience working in financial services
At least 1 year of experience with MS Office (Word, Excel, Outlook, PowerPoint) or Google Suite (Sheets, Docs, Slides)
A secure home office environment that is free from background noise and distractions
A reliable private internet connection that is not supplied via cellular data or hotspot
A private network that is password protected where you have ownership or line of sight to every device on the network
Internet service must be provided by Cable or fiber Internet Service Provides (ISP)
ISP download speeds on VPN must be at least 5Mbps, with 10+ Mbps preferred
Candidates must live within approximately 50 miles from one of the hub locations based in 28203, 75024, or 23238 and be comfortable coming in person whenever required with no less than 24 hours notice.

Nice To Haves

Bachelor’s Degree or Military experience
2+ years of experience with the Foreign Exchange Products
2+ years of experience with market data providers (Bloomberg, Refinitiv)
2+ years of experience with Financial Settlement Instructions or SWIFT
2+ years of experience with Swaps and Derivatives Products
2+ years of experience working on QA or UAT testing and audits
2+ years of experience with Swap Dealer regulations and DTCC
2+ years of experience with Excel (V-lookup, Pivot Tables, Macros)

Responsibilities

Work on Trade Confirmations details and to assist in resolving any discrepancies
Liaison with the Settlement team on all cash flow items
Provide a variety of internal support functions relating to the confirmation, payment, documentation, and exceptional treatment of all transactions
Assist the Settlements team in chasing, following-up and resolving client's outstanding payments
Liaison with the Bank's Commercial Clients and Major Institutions to make sure trades are affirmed
Participate in testing for system enhancements
Book and amend FX derivative trades into the booking system
Report Real Time & Primary Economic terms to the SDR in compliance with Dodd Frank expectations (DTCC)
Perform daily trade booking and checkouts with Front Office
Tie out, analyze and obtain 3rd party support for daily marks
Generate, analyze and submit for approval daily Flash P&L reports
Run system End of Day Process
Familiarity with Cleared trades and FCM processing
Liaison with Valuation, Accounting and Risk teams to make sure the FX portfolio is correctly marked
Be an active participant in scaling the FX Derivatives Business
Stay abreast of regulatory changes impacting Foreign Exchange Derivatives Business and Industry
Develop relationships with external clients to gain market understanding and awareness
Proactively seek appropriate internal or external training to maintain professional expertise
Formulate and document user requirements and procedures to implement functional solutions to technical systems and improve or automate daily processes
Develop and participate in the daily management of controls and procedures
Provide superior internal and external client services in all areas of interaction
Work on regulatory related reporting and activities for Swap Dealer requirements
Reconcile conversion rates with Bloomberg