Foreign Exchange Analyst

First Horizon Bank•Memphis, TN

1d•Onsite

About The Position

The Foreign Exchange Analyst is responsible for assisting foreign exchange clients, managing client foreign currency accounts, pricing, clearing and settling trades, providing trade confirmations and periodic valuation reports, assisting with reconciliations of general ledger and foreign currency accounts, monitoring trading activity, and some regulatory reporting.

Requirements

Banking or financial services experience
Analytical skills
High level of attention to detail and ability to explain concepts and transactions
Initiative, integrity, reliability and ability to meet deadlines
Demonstrates a client-focused work ethic
Highly effective and cooperative team player
Knowledge of accounting principles and foreign exchange risk
Proficiency in Microsoft Word and Excel
Excellent oral and written communication as well as interpersonal and organizational skills
Bachelor’s degree; preferred Business focus

Nice To Haves

The ideal candidate for this role will have completed college level coursework in International Finance and have some experience in a fast-paced work environment that requires detailed communication and interaction with internal and external clients.

Responsibilities

Assist with revaluations of Foreign Exchange forward contracts
Monitor activity in the bank’s foreign currency nostro accounts
Communicate with customers who have foreign currency accounts and assist with any special handling needs
Work with internal partners to investigate any reconciliation outages
Price and settle trades through the FX system, including sending trade confirmations as needed and working with liquidity providers to ensure that appropriate cover is in the accounts