About the Role
We are seeking a motivated and results-oriented FX Sales I (Analyst) to join our dynamic Foreign Exchange team. This role involves supporting senior FX salespeople covering a portfolio of Middle Market and Corporate clients, executing trades, and proactively seeking new business opportunities through in-depth client discovery. The ideal candidate will be a self-starter with a strong understanding of FX products, pricing, and risk management.
Responsibilities
- Support and grow a portfolio of clients alongside senior salespeople, building strong relationships and providing exceptional service.
- Conduct in-depth client discovery 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.
- 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.
- 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.
- 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 a 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.
- Ability to travel 10-20% of the time, including air travel and regional travel.
Skills
- 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.
Location
- New York City
Work Type
- Hybrid
- Full-time
Experience Level
- 1 year of experience in Foreign Exchange (with Bachelor's Degree)
- 5 years of experience in Foreign Exchange (with High School Diploma or GED)
Education Level
- Bachelor's Degree
- High School Diploma or GED
Salary/Compensations
- 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
Benefits
- Competitive, thoughtfully designed and quality benefits program.
About the Company
- First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
