Transactional Foreign Exchange (TFX) Specialist

Citi; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Citi is seeking a Transactional Foreign Exchange (TFX) Specialist in Singapore to manage FX transactions across Citi’s cross-border payment solutions. You will provide FX expertise, automate flows, and support client FX Treasury needs, working with Sales, Trading and Product teams to drive efficiency and risk management.

The role emphasizes process improvements, collaboration, and strong analytical capabilities to optimize FX execution and monetization of flows for a diverse client base.

Qualifications

• Strong knowledge of FX and cross-border payments.
• Excellent verbal and written communication skills.

Responsibilities

• Manage day-to-day FX execution activities within TFX remit.
• Develop and implement process improvements to drive TFX automation and client excellence.
• Identify growth opportunities via engagement with Sales, Trading and Product/JV partners.
• Provide expertise in product and pricing discussions to support RFPs or deals.
• Manage and reduce operational FX risk for Sales and Trading.
• Contribute to product development including system enhancements and testing.

Skills

FX expertise

Cross-border payments

Data analytics

Verbal & written communication

Multitasking under pressure

Team collaboration

Education

Degree in Economics/Banking/Finance

Tools

CFMAS

Job description

The Transactional Foreign Exchange (TFX) Specialist is responsible for managing foreign exchange transactions generated through Citi’s cross-border payment solutions across a range of automated channels. The role plays a critical part in delivering scalable FX solutions that support clients’ cross-border payments and FX Treasury needs. Key responsibilities include :

• Providing FX expertise and innovative solutions to automate and monetize flows within TFX remit
• Executing TFX strategy supporting Citi’s Cross Border Payments vision - No borders, No currencies, No constraints
• Central oversight and governance for all FX Risk within Sales and FXJVs

Key Responsibilities

• Manage day to day FX execution activities that falls within the remit of TFX
• Develop and implement process improvements to drive TFX automation while achieving operational & client excellence
• Identify key corridors / business growth opportunities via close engagements with Sales, Trading and Product / JV partners
• Provide expertise in product & pricing discussions to support client RFP or deal engagements
• Manage and reduce operational FX risk for Sales and Trading
• Involved in product development activities including system enhancements and testing

Knowledge/Experience

• Strong knowledge and/or experience in Foreign Exchange and Cross Border payments
• Proven ability to multitask and work under pressure
• High level of verbal and written communication skills
• Good organizational and project management skills
• Strong data analytics skills with problem-solving mindset
• Works well in a team environment
• Added advantage: CFMAS / FMRP certification, knowing Chinese is an added advantage as they may be executing flows from chinese based clients involving phone/email discussions

Education Level

• Degree in Economics/Banking/Finance or relevant market / working experience

Job Family Group

Institutional Sales

Job Family

Corporate Sales

Time Type

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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