Talent.com
Managing Director II FX Sales

Managing Director II FX Sales

First Citizens BankCharlotte, NC, US
30+ days ago
Job type
  • Full-time
Job description

Overview

As the leader for Enterprise-wide FX Sales, this role has accountability for driving Sales & Relationship Management strategy, and supporting broader Product & Trading strategy, to ensure an exceptional client experience, and efficiency for the bank. This position combines elements of vision, leadership, strategy, sales, prioritization, execution, risk management, compliance, and accountability for team and business performance.

Responsibilities

STRATEGY DEVELOPMENT & EXECUTION :

  • Evolve, communicate and execute enterprise-wide FX sales strategy that pursues sustainable business growth across all unique client segments
  • Support broader bank-wide sales strategy evolution, elevating and scaling the focus on FX
  • Evolve cross-functional organizational design and client coverage models to meet client needs and business objectives inside and outside of FX department
  • Advise executive leadership, inside and outside of FX, on business performance and strategic initiatives
  • Drive clear and consistent prioritizing of capacity, inside and outside of Sales org, aligned with long-term business strategy
  • Collaborate with all Business Units and Functions, including Bankers, Credit teams, Sales Operations, Business Analytics, and Sales Enablement, to advance sales alignment and fee income growth across the enterprise
  • Collaborate with other senior business leaders, advising on market trends and specific, actionable insights inside and outside of FX
  • Serve as FX subject matter expert and decision maker across strategy and transformation / change agendas being led outside of FX
  • Identify, align and execute large cross-functional projects that drive sustainable growth strategy
  • Proactive contextual adviser to executive leadership on strategic and technological gaps, as well as positive results for all aspects of the FX client base
  • Define, document and manage operating standards for the business
  • BAU management of Sales Trading functions and associated opportunities / risks

TALENT DEVELOPMENT :

  • Ensure employees are motivated and feel a sense of value at work
  • Drive a team-first culture of professionalism, collaboration and accountability
  • Play an active role in coaching and personal and professional development
  • Drive inclusion of each team members' unique backgrounds and skill-sets, leveraging strengths and growth mindset
  • Hold team accountable for performance, adherence to processes, policies and regulation and alignment to FCB values
  • Provide inspirational leadership that brings alignment and energy to the team
  • Drive FX-led training and development of technical skills
  • Develop and enable in-house talent, prioritizing succession planning at all levels
  • PERFORMANCE & BUDGET MANAGEMENT :

  • Own the sales strategy, execution, P&L and overall success of the FX client base
  • Develop and manage clear growth-focused goals and KPI’s that are highly aligned to strategy, and communicate progress with key stakeholders
  • Track, understand and convey business performance at the product and client segment levels
  • Manage the budget and make appropriate decisions considering employees, clients, and shareholders, understanding how sustainable revenue is generated for the bank across all unique client segments
  • Drive segment budgeting and forecasting in collaboration with applicable Business Units and internal partner teams
  • Leverage technology and data to scale tracking, capacity, impact, and communication
  • RISK MANAGEMENT :

  • Establish competitive execution, pricing and risk management standards combined with robust oversight and accountability
  • Understand and meet all compliance and regulatory requirements, which includes keeping up to date on domestic and international regulatory trends and market best practices
  • Work with internal risk, compliance and legal teams to ensure relevant procedures, processes, technology, operating model and oversight adhere to requirements
  • Act as internal escalation point for risk events across all FX product types from sales standards to execution and settlement
  • Successfully navigate all internal and external exams
  • CLIENT AND STAKEHOLDER ADVANCEMENT :

  • Develop and maintain strong networks (internal and external) to advance the FX business advancement
  • Actively promote FCB and SVB brands by participating in internal and external thought leadership and events
  • Attend senior client facing sales and relationship calls and events
  • Establish strong partnerships with cross-product sales leadership, and Banker segment sales leadership to provide business updates and drive a more connected and proactive sales culture across the enterprise
  • ADDITIONAL KNOWLEDGE & SKILLS :

    Knowledge

  • Deep expertise in FX and Markets products
  • Trade execution and risk management fluency and expertise
  • Demonstration of the ability to understand a broad array of client segments and the unique product coverage needs of each
  • Expertise in technology and work-flow best practices in the FX industry, with awareness of the product development life-cycle
  • Skills

  • Strong executive presence with the ability to communicate and influence at senior levels
  • Excel at balancing planning with prioritizing and execution
  • Data driven approach to strategy, opportunity identification, execution and accountability.
  • Strong network building skills
  • Strong financial acumen, especially in the context of trade economics
  • Strong leadership and EQ with the ability to drive and navigate complex and evolving organizational structure within and beyond the department
  • Navigate and lead through significant change
  • Ability to prioritize and focus on core risks in a fast paced and highly regulated environment
  • Adept at building a team that supports the long term growth aspirations of the business
  • Strong technical skills that will help drive creative solutions and new products to meet the needs enterprise-wide clientele
  • Ability to drive a broad agenda of work autonomously
  • Fosters organizational alignment with key stakeholders and drives organizational efficiencies across teams
  • Qualifications

    Basic Qualifications :

  • Bachelor's Degree and 10 years of experience in Sales Trading Experience OR High School Diploma or GED and 14 years of experience in Sales Trading Experience.
  • Preferred Qualifications :

  • Expertise in go-to-market strategy, client development, life cycle advancements.
  • Expertise in FX and capital markets organizational structures.
  • Expertise developing and executing a growth-oriented business plan through sales strategy, product capabilities and technology.
  • Proven track record of building and managing dynamic, successful and motivated teams.

  • Deep understanding of underpinning risk, regulatory, and legal and compliance landscape.
  • Sales Trading experience at a Swap Dealer Institution.
  • Certifications :

    Swap dealer certifications may be required at a future date

    If hired in NY or CA the base pay for this position is generally between $375,000.00 and $425,000.00. If hired in  NC or GA, the base pay for this position is generally between $325,000 and $375,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment.

    First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here :

    https : / / jobs.firstcitizens.com / benefits

    Company Description :

    Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers in 18 states and the District of Columbia. For over 100 years, customers have trusted First Citizens with their money … and their futures. Today, First Citizens is the largest family-controlled bank in the nation and the sixth-largest bank franchise headquartered in the Southeast with more than $30 billion in assets. We employ more than 6,000 associates who are focused on helping our customers achieve a lifetime of success. First Citizens operates more than 570 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

    First Citizens Bank. Forever First®. Member FDIC.

    Equal Opportunity / Affirmative Action Employer / Minority / Female / Disability / Veteran

    If you need special assistance or an accommodation in applying for employment at First Citizens Bank, please contact our Human Resources department.

    Create a job alert for this search

    Managing Director • Charlotte, NC, US

    Related jobs
    Director, FX Sales

    Director, FX Sales

    Cboe Global MarketsSingapore, Michigan, Singapore
    Full-time
    The Director, FX Sales will be part of the FX global sales team, reporting to the global head of FX sales.This role involves growing market share with existing clients and expanding the footprint w...Show moreLast updated: 30+ days ago
    • Promoted
    Managing Director

    Managing Director

    StepStone HospitalityCharlotte, NC, United States
    Full-time
    The Le Meridien and Sheraton Charlotte Hotels in Charlotte, NC, managed by StepStone Hospitality, are seeking for an accomplished and driven Managing Director. This dynamic role requires a seasoned ...Show moreLast updated: 7 days ago
    Audit Managing Director - FSG

    Audit Managing Director - FSG

    Elliott DavisCharlotte, NC, US
    Full-time
    Elliott Davis pairs forward-thinking tax, assurance and consulting services with industry-leading workplace culture.Our nine offices - located in the fastest growing cities in the US - are built on...Show moreLast updated: 30+ days ago
    Secretary to Managing Director

    Secretary to Managing Director

    Company ConfidentialSingapore, Michigan, Singapore
    Full-time
    Get AI-powered advice on this job and more exclusive features.Our client is a well-established multinational conglomerate with global operations across diverse industries.They are currently looking...Show moreLast updated: 30+ days ago
    Managing Director Healthcare Services

    Managing Director Healthcare Services

    Fifth Third BankCharlotte, NC
    Full-time
    Make banking a Fifth Third better®.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. Senior leadership role, in th...Show moreLast updated: 25 days ago
    Education Managing Director

    Education Managing Director

    FranklinCoveyUnited States
    Full-time
    Major functions of the Managing Director role is leading a sales team of 10 or more Client Partners selling to Education K-12 clients. Success in the role includes winning business and accelerating ...Show moreLast updated: 30+ days ago
    AVP / VP Sales Trader - Leveraged FX Desk

    AVP / VP Sales Trader - Leveraged FX Desk

    Maybank Investment Banking GroupSingapore, Michigan, Singapore
    Full-time
    Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & adviso...Show moreLast updated: 30+ days ago
    Managing Director, Advisory - RIA / Wealth Management

    Managing Director, Advisory - RIA / Wealth Management

    Citizens BankCharlotte, NC, US
    Full-time
    Citizens Capital Markets & Advisory (CM&A) is seeking a Managing Director with sector expertise and transaction experience in FIG - RIA / Wealth Management. The Managing Director is responsible for le...Show moreLast updated: 10 days ago
    Managing Director, Payroll Tax

    Managing Director, Payroll Tax

    FORVISCharlotte, NC, USA
    Full-time
    At FORVIS, your career is designed with a purpose.We want our team members to thrive professionally and feel the impact their work yields when serving clients, industries, and local communities.Thi...Show moreLast updated: 30+ days ago
    • Promoted
    Managing Lab Director

    Managing Lab Director

    LMSI, LLC dba Lighthouse Lab ServicesCharlotte, NC, US
    Full-time
    Full-time, remote / work from home (with up to 10% travel).Clinical Laboratory / Consulting.Leadership role overseeing technical operations of consulting projects and acting as CLIA Lab Director for...Show moreLast updated: 30+ days ago
    • New!
    Managing Director, Inland

    Managing Director, Inland

    020 Travelers Indemnity CoCharlotte,NC
    Full-time
    Taking care of our customers, our communities and each other.By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 16...Show moreLast updated: 5 hours ago
    Managing Director, Technology Banking

    Managing Director, Technology Banking

    Huntington National BankCharlotte, NC
    Full-time
    The Managing Director, Technology Banking develops and deepens relationships with technology clients and prospective clients through consultative selling and introductions to appropriate bank partn...Show moreLast updated: 30+ days ago
    • Promoted
    Managing Director - Banking Services

    Managing Director - Banking Services

    VirtualVocationsCharlotte, North Carolina, United States
    Full-time
    A company is looking for a Managing Director - Banking, Financial Services & Insurance.Key Responsibilities : Lead account revenue and margin growth for assigned strategic accounts, managing inter...Show moreLast updated: 1 day ago
    • Promoted
    Managing Director - Financial Advisor

    Managing Director - Financial Advisor

    Stone Press Financial GroupCharlotte, NC, US
    Full-time
    The Managing Director’s primary responsibility will be growing Stone Press Financial Group’s Career.Distribution, with an emphasis on selling life insurance, both personally and by recr...Show moreLast updated: 30+ days ago
    Managing Director - Private Wealth Management

    Managing Director - Private Wealth Management

    Leo WealthSingapore, Michigan, Singapore
    Full-time
    Managing Director - Private Wealth Management.Leo Wealth is a global wealth management firm with an office in Singapore that provides comprehensive services and individual guidance on wealth manage...Show moreLast updated: 30+ days ago
    Managing Director, Head of FI Sales SEA, Global Payments Solutions

    Managing Director, Head of FI Sales SEA, Global Payments Solutions

    Bank of AmericaSingapore, Michigan, Singapore
    Full-time
    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clien...Show moreLast updated: 30+ days ago