FX/MM Operations Consultant

BizTek People, Inc. | APA International Placement Consultants•New York, NY

28d•Hybrid

About The Position

The FX/MM Operations Consultant will be responsible for creating, processing, and validating corporate and interbank FX/MM payments and settlements using internal transaction processing systems and related applications.

Requirements

Bachelor’s degree preferred.
5+ years of experience in Money Market and Forex Operations or equivalent.
Proficiency in Outlook, Excel, and Microsoft Word.
Strong communication skills to interact professionally with corporate clients, front office teams, traders, and internal stakeholders.

Responsibilities

Process and approve all FX and MM corporate/interbank trades using internal transaction processing systems in a timely manner.
Prepare and verify manual payments (Fed, CHIPS, SWIFT) as needed.
Enter payments into internal settlement systems.
Review and validate critical control reports for manual settlements or processing.
Perform end-of-day (EOD) reconciliations.
Input updates into internal funding systems.
Handle confirmations via email, SWIFT, and third-party platforms for FX and MM transactions.
Coordinate with the Documentation/Confirmation team to stop payments associated with MT-392 issuances.
Monitor USD Fed/CHIPS reconciliations.
Liaise with the Market Front Office and cross-functional departments to resolve operational issues.
Reconcile brokerage bills and payments.
Troubleshoot and resolve operational problems promptly.
Support the daily operations team and assist colleagues as needed.
Participate in cross-training to gain proficiency across all FX/MM processing and settlement functions.
Support special projects as required.
Perform additional duties as assigned.
Complete ad-hoc assignments as directed by leadership.
Maintain a basic understanding of applicable banking rules and regulations.
Direct compliance-related questions to the appropriate internal compliance division.
Attend annual compliance training.
Review and respond to all compliance guidance materials.
Adhere to the organization’s Code of Conduct.