Foreign Exchange Analyst

First Horizon Bank; Memphis (TN); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Tuition reimbursement

401(k) with 6% match

Maternity and parental leave

Job summary

First Horizon Bank is seeking a Foreign Exchange Analyst to support FX clients and manage co‑currency accounts. The role includes pricing, clearing and settling trades, generating confirmations and periodic valuation reports, and assisting with GL reconciliations and FX risk monitoring.

The ideal candidate will have banking/financial services experience, strong analytical and communication skills, and a background in international finance.

Qualifications

• Banking or financial services experience is preferred.
• Strong analytical skills and attention to detail.
• Ability to explain concepts and transactions clearly.
• Demonstrates initiative, integrity, reliability and meets deadlines.
• Client-focused work ethic and cooperative teamwork.
• Knowledge of accounting principles and FX risk.
• Proficiency in Word and Excel.
• Excellent oral and written communication and strong organizational skills.
• Bachelor's degree; preferred Business focus.

Responsibilities

• Assist with revaluations of Foreign Exchange forward contracts.
• Monitor activity in the bank's foreign currency nostro accounts.
• Communicate with customers about foreign currency accounts and special handling needs.
• Work with internal partners to investigate reconciliation outages.
• Price and settle trades through the FX system and issue trade confirmations; coordinate with liquidity providers.

Skills

Banking/Financial services experience

Analytical skills

Attention to detail

Communication skills

Initiative & reliability

Team player

Accounting principles

Excel proficiency

Word proficiency

Business degree background

Education

Bachelor's degree

Tools

Excel

Word

Job description

Summary

The Foreign Exchange Analyst is responsible for assisting 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 some regulatory reporting.

Job Description

Location: On site in Little Rock, AR

The Foreign Exchange Analyst is responsible for assisting 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 some regulatory reporting.

Qualifications

• Banking or financial services 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
• Knowledge of accounting principles and foreign exchange risk
• Proficiency in Microsoft Word and Excel
• Excellent oral and written communication as well as interpersonal and organizational skills
• Bachelor's degree; preferred Business focus

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.

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, including sending trade confirmations as needed and working with liquidity providers to ensure that appropriate cover is in the accounts

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com .

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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