Foreign Exchange Trading Analyst

F.N.B. Corporation•Pittsburgh, PA

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 help meet the department’s and Bank’s risk profile, fee income, and profitability goals. The analyst learns the FX platform and helps develop client relationships through the sale of foreign exchange products and risk management solutions. The analyst assists with customer FX transactions, learns and uses Foreign Exchange systems to book and process customer and Bank transactions from start to finish, monitors nostros balances, and helps manage Bank and client FX positions. The role also supports research-driven trading ideas and market opportunities, coordinates with correspondent banks and liquidity providers to facilitate transactions and provide competitive client pricing, and prepares market insights and updates for clients and internal business partners. Additional duties include onboarding relationships in accordance with Bank policy and regulatory requirements; managing and testing FX platform enhancements; working with Finance, Internal Audit, Back Office, and the platform vendor to resolve post-trade and system issues; supporting International Banking Services goals and plans; and conducting periodic FX portfolio reviews. The analyst creates target client lists and provides Relationship Managers and Regional Market Presidents with complete and accurate client profit-and-loss information. Other related duties and projects may be assigned. All employees are accountable for serving as risk managers by understanding, reporting, responding to, managing, and monitoring risks in accordance with F.N.B. Corporation’s risk management program. Compliance with applicable regulatory requirements and company procedures is required.

Requirements

BA or BS degree.
Zero years of job-related experience required; relevant work experience is also stated as required.
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 in all MS Office products.
Legally authorized to work in the United States; FNB will not provide employment-based visa sponsorship.

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 customers’ FX transactions.
Learn and demonstrate thorough understanding of Foreign Exchange systems by booking and processing customer and Bank transactions from start to finish.
Monitor nostros 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.
Conduct timely research and regularly publish market insights and updates for clients and internal business partners.
Onboard new relationships in accordance with Bank policy and regulatory requirements.
Manage and test 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 and create target client lists.
Provide Relationship Managers and Regional Market Presidents with complete and accurate client P/L information.
Serve as a risk manager in accordance with F.N.B. Corporation’s risk management program and comply with regulatory laws and company procedures.
Perform other related duties and projects as assigned.