Transactional Foreign Exchange (TFX) Specialist (AVP)

Transactional Foreign Exchange (TFX) Specialist (AVP)

 

Position:

The Transactional Foreign Exchange (TFX) specialist is responsible for executing FX in support of Citi’s Cross Border Payment products within FX Markets. The role will involve dealing with TTS Global Product teams, FXLM sales & trading desks, Product Development, Operations and a range of Products to deliver value and satisfaction to our clients.

 

Job Description:

• Responsible for Foreign Exchange flows including Worldlink, CBFT and Global Custody products.

• Processing FX transactions for customers as efficiently as possible.

• Responsible for FX Benchmark position management and product growth.

• Manage and reduce business risk for both Sales and Trading.

 

Key Responsibilities:

• Flexibility covering EMEA, NAM, APAC and LATAM client base

• Provide sales coverage for TFX client base

• Accurately book FX transactions as per pricing guidelines

• Demonstrate good conduct at all times including adherence with the principles of the FX Global Code.

• Monitor client usage and escalate any significant variances

• Participate in FX pricing discussions / revenue reviews

• Provide FX related MIS

• Actively manage clients through innovative solutions and automated execution

• FX risk and Market regulatory focus 

• Monitor system parameters (rate feeds, position triggers, etc.)

• Risk manage FX positions related to the activities of this role

• Manage FX Benchmark flows for WMR & BFIX products

• Testing new system enhancement and providing feedback to technology development and support teams

 

Knowledge/Experience:

• Strong knowledge / experience of the foreign exchange markets.

• Knowledge of transactional banking and cross border payments

• Proven ability to manage tasks timely and accurately under pressure

• Strong analytical and math skills

• High level of verbal and written communication skills

• Creative with a track record of innovation

• Additional language (Spanish) would be an advantage

• Existing Series 7 and 63 FINRA certification an advantage

 

Education Level: Degree in Economics/Banking/Finance or relevant market / working experience

 
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

------------------------------------------------------

Job Family Group:

Institutional Sales

------------------------------------------------------

Job Family:

Corporate Sales

------------------------------------------------------

Time Type:

------------------------------------------------------

Primary Location:

New York New York United States

------------------------------------------------------

Primary Location Full Time Salary Range:

$150,000.00 - $175,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

------------------------------------------------------

Most Relevant Skills