Foreign Exchange Associate

Foreign Exchange Associate

The FX Associate plays a critical role in supporting all functions to drive success and growth of the Foreign Exchange (FX) Sales Desk. This role's primary function is to support Senior FX Advisors' efforts to manage portfolio clients, identify new opportunities and structure and execute trades. The FX Associate will also interface independently with internal and external clients to identify, pitch and close FX opportunities. Key responsibilities include client and prospect management, market and client research, data mining, report and presentation generation, and ad hoc projects. This role is expected to work collaboratively with cross-functional teams to ensure seamless delivery and end to end ownership of FX solutions.

Provide support to Senior FX Advisors and Relationship Managers by identifying and delivering foreign exchange solutions and services to bank clients and prospects. Proactively conduct data analysis, generate hedging solution ideas, and assist in all required tasks for business development for a seamless experience while maintaining end-to-end product ownership. Quoting spot trades and conducting day-to-day trade execution and booking. Develop relationships and collaborate effectively with cross-functional teams including trading, operations, compliance, and risk to ensure successful execution of transactions and regulatory adherence. Track and analyze key sales performance and other important metrics to help meet team goals. Stay informed on and be able to communicate key economic and geopolitical developments as they pertain to market sentiment and trends. Ad hoc special projects as requested by FX and Capital Markets senior leadership. Proactively identifying opportunities to enhance, streamline and automate processes. Ensure compliance with internal policies, industry regulations, and risk management frameworks while maintaining operational excellence. Maintain current knowledge of all bank products and services, analyze customer needs and cross-sells products to fit those needs. Possess exceptional organizational skills and attention to details with the ability to handle multiple tasks simultaneously.

Required Qualifications : Bachelor's Degree or equivalent. Minimum 3 year banking or financial services industry experience (preferably in Capital Markets). Minimum 3 year financial analysis experience. Additional Qualifications : Utilizes a higher degree of independence than an Analyst. Proficiency in Bloomberg, Microsoft Excel, Word, and PowerPoint. In depth understanding of financial markets, FX markets and fundamental FX products. Ability to work both independently and collaboratively as part of a dynamic, hands-on team. Ability to work and learn in a fast-paced environment while maintaining integrity, accountability, accuracy and attention to detail. Strong time management and multi-tasking skills with the ability to prioritize effectively to balance daily tasks. Excellent written and verbal communication skills that translate into presenting complex concepts in an easy to understand format for audiences with varying levels of product knowledge.

Compensation Starting base salary : $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including : Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career Development through Tuition Reimbursement and other internal upskilling and training resources. Valued Time Away benefits including vacation, sick and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career Mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement.