What are the responsibilities and job description for the Foreign Exchange Analyst position at First Horizon Bank?
The position is located in Memphis, Tennessee at the main office and is primarily in-person.
The Foreign Exchange Analyst is responsible for administering on-boarding processes and documentation for foreign exchange clients, managing client foreign currency accounts, pricing, clearing and settling trades, providing trade confirmations and periodic valuation reports, assisting with reconciliations of general ledger and foreign currency accounts, monitoring trading activity, and submitting regulatory reports.
Essential Duties and Responsibilities
- Assist with revaluations of Foreign Exchange forward contracts
- Monitor activity in the bank’s foreign currency nostro accounts
- Communicate with customers who have foreign currency accounts and assist with any special handling needs
- Work with internal partners to investigate any reconciliation outages
- Price and settle trades through the FX system, includes sending trade confirmations and working with liquidity providers to ensure that appropriate cover is in the accounts
Qualifications
- Two to four years of banking and accounting experience
- Analytical skills
- 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
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The ideal candidate for this role will have completed college level coursework in International Finance and have some experience in a fast-paced work environment that requires detailed communication and interaction with internal and external clients.
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
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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.
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)