Foreign Exchange Sales I

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office, based in New York City. The position requires three to four days per week in the office, with the flexibility to work remotely the remainder of the week. Travel may be required (10-20% of the time), including air and regional travel.

Responsibilities

• Client Relationship Management and Business Development:
  • Work alongside senior salespeople to support and grow a portfolio of clients, building strong relationships and providing exceptional service.
  • Conduct in-depth client discovery dialogue to uncover new business opportunities.
  • Proactively identify and pursue new business opportunities within the assigned client base.
  • Conduct and support regular client meetings and attend industry events to expand the client network.
  • Build relationships with internal partners across Product, Trading, Credit, Operations, and Relationship Management teams.
  • Respond to client inquiries and requests in a timely and professional manner.
• Deal Execution and Sales Support:
  • Execute FX trades, including spot, forward, option, and swap deals.
  • Assist in pricing and structuring FX transactions.
  • Create presentation and marketing material for client, prospect, and internal meetings.
  • Monitor market movements and provide timely updates to clients and traders.
• Market Awareness:
  • Stay up to date on market trends, economic indicators, and geopolitical events affecting FX markets.
  • Leverage market knowledge to provide insightful commentary and trade recommendations to clients.
• Operational Support:
  • Assist in the day-to-day operations of the FX sales team.
  • Ensure compliance with all relevant regulations and internal policies.
  • Investigate and resolve payment issues, including wire tracking, trade confirmations, and settlement exceptions.
  • Execute trade amendments and corrections.
  • Serve as primary liaison between Sales and Middle Office/Operations teams to expedite issue resolution.
  • Support trade booking and transaction workflow.
  • Monitor and assist with compliance requirements for client transactions.
  • Assist with data analysis and reporting for sales performance tracking.
  • Contribute to the development and improvement of operational processes.

Requirements

• Bachelor's Degree and 1 year of experience in Foreign Exchange OR High School Diploma or GED and 5 years of experience in Foreign Exchange.

Preferred Qualifications

• Strong understanding of FX products, pricing, and risk management.
• Excellent written and verbal communication, interpersonal, and presentation skills.
• Strong analytical and problem-solving abilities.
• Proficiency in financial analysis and presentation tools (e.g., Bloomberg, PowerPoint, Excel).
• Ability to work effectively both independently and as part of a team in a fast-paced, dynamic environment.
• Strong attention to detail and accuracy.

Pay

• If hired in NY/MA, the base pay for this position is generally between $143,850.00 and $191,900.00.
• If hired in NC, the base pay for this position is generally between $119,850.00 and $159,800.00.

Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits

Benefits are an integral part of total rewards, and First Citizens Bank is committed to providing a competitive, thoughtfully designed, and quality benefits program. More information can be found at https://jobs.firstcitizens.com/benefits.