What are the responsibilities and job description for the Foreign Exchange Operations Manager position at Wilmington Savings Fund Society?
Job Description
At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it’s our mission and our purpose.
The Capital Markets team continues to expand and is currently seeking a well-seasoned FX Operations professional who can help navigate an expanding product offering, a customer base whose needs are growing in complexity, growing volumes, and a technological transformation. The FX Operations Manager will be responsible for maintaining a stable environment whereby the day-to-day operational functions, reporting, and the servicing of our clients is performed efficiently and within the guidelines of the Capital Markets procedures. In addition to, this the FX Operations manager will proactively manage the needs of the front office, liaise with partner departments, and lead, teach, and empower, the FX Operations team.
Job Responsibilities :
- Oversee reconciliations (daily, weekly, monthly) associated with FX Ops general ledger and nostro accounts.
- Manage daily trade production and the life cycle of trades within the portfolio.
- Manage and over see processes that support Bank Notes, foreign check clearing, and foreign draft issuance.
- Oversee all aspects for period end closes including but not limited to P&L, cash balances, GLs, client statements, month-end / quarter-end reporting.
- Proactively manage all international investigations pertaining to Capital Markets transactions while at the same time providing international payment support to departments around the bank.
- Provide high touch customer service to all Capital Markets customers.
- Apply a continuous improvement mentality to FX Operations identifying and implementing new processes that increase the level of efficiency and improve reporting.
- Work closely with both the FX Product and Technology Manager to build out enhancements and resolve bug issues.
- Support the FX policy and procedure review and update process.
- Support or lead project management initiatives.
- Demonstrate difference making leadership for direct reports and Capital Markets Operations team.
- Remain abreast of the latest payment trends and Swift offerings / modules.
- Manage our existing correspondents to stay atop of new offerings and features.
Minimum Qualifications :
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at
careers@wsfsbank.com
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
