FX Trade Operations Specialist

Q2 HR Solutions; Philippines; On-site; PHP 800,000 - 1,200,000; Full time

Job summary

Q2 HR Solutions is seeking an FX Trade Operations Specialist for a 12-month contract in the Philippines. You will join a high-performing FX Operations team handling end-to-end FX trade support, settlement, and controls in a fast-paced environment.

The role emphasizes reconciliation, breaks investigation, and close collaboration with Trading, Treasury, Risk, and Ops teams. Strong attention to detail and experience with FX products are essential.

Qualifications

• 5–10 years in Middle Office / Back Office / Trade Operations in a financial institution.
• Strong attention to detail and ability to meet daily cut-offs.
• Clear, professional written and spoken communication with counterparties/banks.
• Experience with reconciliations, breaks investigation, and end-to-end settlement.

Responsibilities

• Reconcile FX trades against counterparty confirmations, investigate breaks, and resolve timely.
• Agree daily netted settlements for FX Spot and weekly forwards rollovers with accurate instructions.
• Monitor FX settlements during rollover periods and engage banks to resolve issues quickly.
• Perform FX settlement reconciliation and manage settlement breaks end-to-end.

Skills

Attention to detail

Strong communication

Teamwork

Problem solving

Ownership mindset

Education

Bachelor's degree in Finance or related field

Tools

SWIFT

Settlement platforms

Job description

About the job FX Trade Operations Specialist

What it's about

Join a high-performing FX Operations team that sits at the heart of the trading lifecycle- where accuracy, pace, and smart problem-solving keep markets moving. In this 12-month contract role, you'll gain deep exposure to end-to-end FX trade support, work closely with global counterparties and internal stakeholders, and sharpen your operational controls mindset in a fast-paced, professional environment.

If you enjoy investigating breaks, improving processes, and being the person who makes it work when timelines are tight-this is a great opportunity to build highly transferable skills in markets operations.

What you'll be doing (day to day)

• Reconcile FX trades against counterparty confirmations, investigate exceptions (breaks), and drive timely resolution; elevate when needed.
• Agree daily netted settlements for FX Spot and weekly forward rollovers (FX Forwards), ensuring settlement instructions are accurate and complete.
• Closely monitor FX settlements during rollover periods, proactively engaging banks/counterparties to resolve issues quickly.
• Perform FX settlement reconciliation and manage settlement breaks end-to-end.
• Partner with internal teams (Trading, Treasury/Cash, Risk, Operations colleagues) to ensure smooth pre- and post-trade workflows.
• Identify recurring issues and suggest process/control improvements to reduce breaks and improve turnaround times.

What we expect

• Amenable to work under an agency for 12 month contract
• 5-10 years of experience in Middle Office / Back Office / Trade Operations within an investment bank, asset manager, broker/dealer, or financial institution.
• Strong attention to detail, high ownership mindset, and ability to work reliably under daily cut-offs and deadlines.
• Clear, professional communication skills (written and verbal), including confidence in working with counterparties/banks.
• Strong teamwork and flexibility-someone who can support peak periods (e.g., rollovers) and help the team hit targets.

Added requirements (helpful for success in this role)

• Solid understanding of FX products (Spot, Forwards, swaps/rollovers), confirmations and settlement principles.
• Comfortable working with reconciliations, exceptions management, and investigating root causes.
• Experience with common market infrastructure/tools (e.g., SWIFT/payment workflows, confirmation platforms, settlement processes) is a plus.

What we offer

• Professional, international working environment
• Challenging, rewarding career within a growing company