Foreign Exchange Advisor - First Horizon Bank : Job Details

Foreign Exchange Advisor

First Horizon Bank

Job Location : Memphis,TN, USA

Posted on : 2024-11-01T23:07:07Z

Job Description :

Location: On site in Memphis, TN

Summary

The Foreign Exchange Advisor is responsible for providing primary oversight for daily trading, cover and settlements. The Advisor will interact with internal and external clients and cover a variety of duties, including pricing trades, validating back office settlements, monitoring Nostro account balances, assisting with FX Loan management and reconciliation issues. The Advisor will also be responsible for periodic revenue and regulatory reporting.

Essential Duties and Responsibilities

  • Oversight for daily trading and cover trades, including verification of others' work
  • Monitor activity in the bank's foreign currency nostro accounts (position management)
  • Communicate with clients and assist with any special handling or indicative pricing
  • Work with internal partners to investigate any reconciliation outages
  • Manage periodic revenue and regulatory reporting
  • Work with Product & System support team for FX system testing and validation

Qualifications

  • Two to four years of banking experience with at least two years exposure to Foreign Exchange
  • Analytical skills
  • Experience reviewing and approving other teammates' work
  • 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
  • Has understanding of accounting principles key to foreign exchange risk management
  • Proficient in Microsoft Word and Excel
  • Excellent oral and written communication as well as interpersonal and organizational skills
  • Bachelor's degree in Accounting or Finance; preferred International Finance concentration
  • The ideal candidate for this role will have completed college level coursework in International Finance and have some experience with Foreign Exchange in a fast-paced work environment that requires detailed communication and interaction with internal and external clients.
About Us

First Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately ~7,300 associates and ~418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

Benefit Highlights

• Medical with wellness incentives, dental, and vision• HSA with company match• Maternity and parental leave• Tuition reimbursement• Mentor program• 401(k) with 6% match• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Corporate Diversity Commitment:We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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