Los Angeles, California, USA
9 days ago
Foreign Exchange Specialist
FOREIGN EXCHANGE SPECIALIST WHAT IS THE OPPORTUNITY? City National Bank is looking for a Back Office Operations Specialist within Capital Markets Operations. The ideal candidate will have a strong Foreign Exchange back-office knowledge. This role is responsible for processing transactions that support Foreign Exchange Sales & Trading. This role requires the ability to work in a fast-paced environment and multitask with strong communication skills. Additional responsibilities include internal communicating with Technology, Compliance, Risk, Sales and Trading internal partners. The Operations Specialist will follow policies and procedures with company standards and analyzing current processes, identifying opportunities to improvements. What you will do Providing support to Front Office Sales & Trading desks across FX products (Spots, Forwards, NDFs, Swap, etc.) Subject Matter Expert in all Back-Office operations. Interact with clients, teammates from the LOB and other support teammates to process requests and resolve issues. Support Capital Markets projects, including procedure updates, trainings, metrics, process improvements, audits and assuring all applicable project deliverables are on time. Identifies, recommends and implements new processes, procedures and products to improve workflow, efficiency and/or profitability; oversees or participates in operations development and improvement programs Collaborate with colleagues and business leaders to identify opportunities for improvement and root causes. Ensure all areas of responsibility comply with policies and procedures Strong interpersonal, communication and relationship building skills. Must-Have* Bachelor's Degree or equivalent Or equivalent work experience Minimum of 3 years’ experience in Banking Operations in a financial institution required. Skills and Knowledge Preferred 2-3 years of Foreign Exchange Operations Banking experience Excellent verbal / written communication and organizational skills Problem resolution / investigative abilities and meticulous Must be an initiative-taker with the ability to work independently and in a team setting with minimal supervision. Extremely dependable and superior time-management skill Bachelor's degree in business or related field preferred. Compensation Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. *To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves. *City National Bank does business in Miami and the state of Florida as CN Bank. For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.
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