Compensation: $35 – $40/hour
Location: Jersey City
Job Overview:
As the Operations Specialist, you will be the backbone of the Foreign Exchange Services, ensuring that all trades executed with the company's FX trading desk are settled accurately and on time. This is a contract role with the possibility of temp-to-hire conversion for exceptional candidates.
Responsibilities:
In the role of the Operations Specialist, you will be responsible for —
- Ensuring prompt and accurate settlement of FX trades from various platforms
- Becoming proficient in FX trade-related SWIFT messages and essential transaction confirmation and payment fields
- Ensuring flawless settlement of FX trades based on provided Standard Settlement Instructions (SSI)
- Double-checking and releasing FX transaction instructions on the value date
- Escalating trade discrepancies to the FX trade initiation and management team
- Identifying opportunities to automate or improve post-execution processes
- Ensuring smooth settlements in our bilateral netting system
- Monitoring and resolving issues in the swift repair queue
- Responding promptly to queries in the FX OFAC queue
- Validating currency settlement instructions for various counterparties
Qualifications:
To be considered for the Operations Specialist role you should have —
- Bachelor's degree (BS/BA) or equivalent educational background
- 6 to 12 months of experience in FX Operations, Derivatives, or related Financial Services
- Strong multitasking skills and effective prioritization abilities
- Self-motivated and proactive mindset
- Excellent written and verbal communication skills
- Strong attention to detail
- Proficiency in MS Office (Word, Excel, and Access)
- Familiarity with BBH Core Systems is a plus
Benefits:
- Competitive hourly pay
- Flexible work schedule
- Fast-paced and dynamic environment
- Comprehensive benefits package for permanent employees
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Application Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.
Job Status Markers: #LI-DNP | #LI-Onsite