Foreign Exchange Trading Analyst

First National Bank Of Pennsylvania•Pittsburgh, PA

2d•Onsite

About The Position

The Foreign Exchange Trading Analyst supports the FX Trading Desk in managing risk and growing fee income for the Bank and its customers. The role conducts FX market analysis and research to support the department’s risk profile, fee income, and profitability. The analyst learns the FX platform and helps develop client relationships by selling foreign exchange products and risk management solutions. The position assists with customer FX transactions, books and processes customer and Bank transactions, monitors nostro balances, and helps manage Bank and client FX positions. It also supports research-driven trading ideas, client market updates, competitive pricing, relationship onboarding, FX platform enhancements, post-trade issue resolution, portfolio reviews, and International Banking Services goals. The position reports to the Managing Director of International Banking. Employees are expected to serve as risk managers and comply with applicable regulatory requirements and company procedures. The role is based at 626 Washington Place, Pittsburgh, Pennsylvania 15219, and requires frequent driving. FNB does not provide sponsorship for employment-based visas; candidates must be legally authorized to work in the United States.

Requirements

Bachelor of Arts or Bachelor of Science degree.
Excellent written and verbal communication skills.
Excellent customer service skills.
Excellent organizational, analytical, and interpersonal skills.
Excellent project management skills.
Detail-oriented.
Ability to use a personal computer and job-related software.
Excellent management skills.
Expert experience with all Microsoft Office products.
Relevant work experience is required.
Legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Nice To Haves

Experience with FX systems such as Thompson Reuters, Bloomberg, 360T, or FX All.

Responsibilities

Assist the line of business, particularly the trading desk, with customer FX transactions.
Learn and demonstrate a thorough understanding of Foreign Exchange systems by booking and processing customer and Bank transactions from start to finish.
Monitor nostro balances and help manage Bank and client FX positions.
Help identify research-driven trading ideas and market opportunities to drive business.
Liaise and interact with correspondent banks and liquidity providers to facilitate transactions and provide competitive pricing for clients.
Assist with timely research and regular publication of market insights and updates for clients and internal business partners.
Onboard new relationships in accordance with Bank policy and regulatory requirements.
Manage and test new enhancements to the FX platform.
Work with Finance, Internal Audit, Back Office, and the FX platform vendor to address post-trade and system issues.
Support International Banking Services short- and long-term goals and plans.
Conduct periodic FX portfolio reviews, create target client lists, and provide Relationship Managers and Regional Market Presidents with complete and accurate client profit-and-loss information.
Perform other related duties and projects as assigned.
Understand, report, respond to, manage, and monitor risks encountered in daily work as required by the F.N.B. Corporation risk management program.
Comply with regulatory laws and company procedures.