Foreign Exchange (FX) Ops Analyst

Lenmar Consulting Inc; New York (NY); Hybrid; USD 30,000 - 43,000; Full time

Job summary

Lenmar Consulting Inc, NYC-based, seeks an FX Ops Analyst on a 12-month contract hybrid role. You will support FX Sales and Trading desks, handle trade bookings, and help mitigate risk across the trade lifecycle.

The ideal candidate has Middle Office or Trading Assistant experience, strong communication, and the ability to automate improvements in processes while delivering client excellence in a fast-paced environment.

Qualifications

• Bachelor's degree required.
• Foreign Exchange product knowledge preferred (Spot, Forwards, Options, Vanilla and Exotic Trades).
• Previous Middle Office / Trading Assistant experience.
• Experience with risk management of Trader positions.
• Superior client service and meticulous attention to detail.
• Excellent verbal and written communication skills.
• Ability to drive automation and improvement initiatives.
• Ability to work in both team and independent settings, under time pressure.

Responsibilities

• Direct support of the FX Sales and Trading desks, and support to other teams covering FX products.
• Monitor and mitigate the firm's risk across the FX trade flow, front to back.
• Collaborate with Sales and Trading on trade booking, allocations, give-ups and amendments; communicate with FX Desk.
• Review and resolution of exceptions across internal systems and external counterparties; ensure timely task completion.

Skills

Middle Office

Trading Assistant

Risk management

Client service

Communication skills

Automation improvement

MS Office

Education

Bachelor's degree

Tools

Harmony

Netlink

CAS

Bloomberg

Reuters

FX Connect

Job description

• Previous Middle Office / Trading Assistant experience

We have this W2 Contract opportunity for a Foreign Exchange (FX) Ops Analyst with our Direct Client in NYC, NY.

Foreign Exchange (FX) Ops Analyst

Location: NYC, NY - Role is hybrid - 3 days/onsite, 2 days/remote

Duration - 12 months +

Max Pay Rate: $26.67/hr W2 (No Benefits)

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Operations continuously seeks ways to improve while actively supporting the development of new businesses, structures and markets. We are recruiting for a position within the Foreign Exchange Trade Support Team.

Responsibilities

• Direct support of the FX Sales and Trading desks, as well as providing support to all other teams covering a suite of FX products. Our client base is comprised of Asset Managers, Corporates, Hedge Funds, Central Banks and Interbank counterparties located globally.

In addition, the team is responsible for all FX trades transacted on behalf of other businesses such as Interest Rates, Equities, Private Wealth Management and Commodities.

• Responsible for monitoring and mitigating the firm's risk throughout the FX trade flow, front to back.
• Working with Sales and Trading on trade booking, allocations, give-ups and amendments. The position requires a lot of interaction with the FX Desk, so the ability to communicate with confidence and accuracy is essential.
• The position will also involve the review and resolution of exceptions and discrepancies across internal systems and with external counterparties. Attention to detail, and timely completion of tasks will play an integral role in ensuring the team executes on its responsibility to mitigation risk and deliver client excellence.

Requirements

• Bachelor's degree required
• Preferred candidate with Foreign Exchange product knowledge; Deliverable and Non-Deliverable Spot, Forwards, Options, Vanilla and Exotic Trades
• Previous Middle Office / Trading Assistant experience
• Experience with risk management of Trader positions
• Superior Client Service skill set- Meticulous attention to detail
• Excellent verbal and written communication skills
• Ability to drive automation and improvement initiatives
• Ability to function at a high level in both a team environment, as well as on individual functions
• Ability to work under pressure in a time sensitive and deadline driven environment
• Relationship Management skills
• Working knowledge of Microsoft Office applications

Skills Desired

• Self-Starter with excellent time management and problem-solving skills
• In Depth knowledge of Foreign Exchange Cash products
• In Depth knowledge of Foreign Exchange Option/Exotic products
• External vendor system knowledge (Harmony, Netlink, CAS, Bloomberg, Reuters, FX Connect)

Thanks and Regards,

Valerian D’Cunha

Lenmar Consulting Inc (a Kellton Company)

185 Hudson Street, Suite 1440, Jersey City, NJ

D: 201-484-0120

F: 201-946-1790

E: [e-mail]