Operations Intermediate Specialist – FX Confirmations

HireTalent - Staffing & Recruiting Firm; Jersey City (NJ); On-site; USD 40,000 - 70,000; Full time

Job summary

An established industry player is seeking an Operations Intermediate Specialist to ensure the timely confirmation of foreign exchange transactions. In this entry-level role, you will be pivotal in reducing settlement risk by confirming trades and resolving discrepancies. The ideal candidate will possess strong communication and analytical skills, with a proactive attitude towards process improvements. Join a dynamic team where your attention to detail and organizational skills will enhance efficiency and contribute to a fast-paced environment. If you are eager to learn and grow in the financial services sector, this opportunity is perfect for you.

Qualifications

• 6 to 12 months of experience in FX Operations or Financial Services preferred.
• Proficiency in Microsoft Office, particularly Excel.

Responsibilities

• Confirm client and counterparty FX transactions within 24 hours.
• Identify and escalate unconfirmed trades to appropriate parties.

Skills

Attention to Detail

Communication Skills

Analytical Skills

Problem-Solving Skills

Organizational Skills

Education

BS/BA in Finance

BS/BA in Business Administration

Tools

Microsoft Excel

Job description

Operations Intermediate Specialist – FX Confirmations

The Operations Intermediate Specialist – FX Confirmations is responsible for ensuring the accurate and timely confirmation of foreign exchange (FX) transactions. This role requires meticulous attention to detail and strong communication skills to resolve discrepancies, liaise with internal teams, and ensure that all trades are confirmed and escalated appropriately. The successful candidate will play a key role in reducing settlement risk by ensuring only confirmed trades proceed to currency settlements.

Key Responsibilities:

1. Confirm all client and counterparty FX transactions within 24 hours of trade execution.
2. Identify and escalate unconfirmed trades to the appropriate parties within the same timeframe.
3. Collaborate with the Settlements group to ensure only confirmed trades proceed to settlement.
4. Maintain accurate records of confirmations and follow up on outstanding issues.
5. Troubleshoot and resolve discrepancies by liaising with clients, counterparties, and internal teams.
6. Proactively identify process improvements to enhance efficiency and reduce risk.

Qualifications:

1. BS/BA degree in Finance, Business Administration, or a related field.
2. 6 to 12 months of experience in FX Operations, Derivatives, or related Financial Services (preferred but not essential).
3. Excellent attention to detail and strong organizational skills.
4. Effective communication and problem-solving skills.
5. Ability to work under pressure and meet deadlines in a fast-paced environment.
6. Proficiency in Microsoft Office, particularly Excel.

Skills and Competencies:

1. Basic understanding of FX transactions and financial markets.
2. Strong analytical and numerical skills.
3. Proactive attitude with a willingness to learn and adapt quickly.
4. Team-oriented mindset with the ability to collaborate across departments.

Seniority level

• Entry level

Employment type

• Contract

Job function

• Accounting/Auditing

Industries

• Investment Management