Finance/accounts Specialist(foreign Exchange Experience Needed)

Jersey City, NJ 07311, United States

Job Description


Title: Finance/Accounts Specialist(foreign exchange experience needed, hybrid) job description: The Operations Intermediate Specialist \xe2\x80\x93 FX Settlements is responsible for Settlements within Foreign Exchange Services, ensuring that all trades executed with BBH\'s FX trading desk are settled in a timely and accurate manner on value date. Ensuring timely settlement of FX trades executed through various FX trading desks and platforms\xe2\x80\xa2 Developing knowledge of FX trade-related SWIFT messages and fields required for FX transaction confirmation and payments.\xe2\x80\xa2 Ensuring accurate settlement of FX trades per Standard Settlement Instructions (SSI) provided by BBH clients and counterparties.\xe2\x80\xa2 Verifying FX transaction instructions to be released on value date.\xe2\x80\xa2 Escalating trade discrepancies to FX trade initiation and management team, when appropriate.\xe2\x80\xa2 Seeking out and exploiting opportunities to improve post-execution processes, either through automation or procedural revision.\xe2\x80\xa2 Accurate and timely settlements of transactions in the bilateral netting system.\xe2\x80\xa2 Responsible for monitoring swift repair queue\xe2\x80\xa2 Responsible for monitoring and responding to queries in the FX OFAC queue.\xe2\x80\xa2 Validate currency settlements instructions for custody, third party and inter-bank counterparties. BS/BA degree 6 to 12 months FX Operations, Derivatives or related Financial Services experience preferred but not essential Ability to multi-task and prioritize volume Ability to work independently as well as in a team environment Proactive approach to daily work and ability to handle multiple responsibilities Ability to communicate professionally with others Strong client service skills Strong attention to detail MS Office proficiency required-included MS Word, MS Excel, and MS Access. BBH Core Systems Job Type: Contract Salary: $24.00 - $30.00 per hour Physical setting:

  • Office
Schedule:
  • 8 hour shift
  • Day shift
  • Monday to Friday
Ability to commute/relocate:
  • Jersey City, NJ 07311: Reliably commute or planning to relocate before starting work (Required)
Experience:
  • foreign exchange: 1 year (Preferred)
Work Location: One location

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Job Detail

  • Job Id
    JD4274450
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Jersey City, NJ 07311, United States
  • Education
    Not mentioned