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Form of workJob OverviewThe Senior Capital Markets Service and Support Specialist will be responsible for providing operational and administrative support to the Capital Markets Team, which includes Foreign Exchange Trading, Structured Products Team and Derivatives Group. This position plays a crucial role in assisting with various Capital Markets functions, including Trade support, Settlements, liquidity management, Investigations and Reconciliations. The Capital Markets Service and Support Specialist ensures accurate and timely processing of Capital Markets-related activities, maintains compliance with regulations, and collaborates with internal teams to support overall Group operations. The Senior Capital Markets Service and Support Specialist will be Team Lead on certain Department functions/projects and reporting.
Expected work hours40
Job Description
Requirements
Pay Range InformationExact compensation may vary based on skills, experience, and location.
Salary Grade Minimum - Annual$54,600.00
Salary Grade Maximum - Annual$91,000.00
Salary Grade Minimum - Hourly$26.25
Salary Grade Maximum - Hourly$43.75
Expected work hours40
Job Description
The Senior Capital Markets Service and Support Specialist will be responsible for providing operational and administrative support to the Capital Markets Team, which includes Foreign Exchange Trading, Structured Products Team and Derivatives Group. This position plays a crucial role in assisting with various Capital Markets functions, including Trade support, Settlements, liquidity management, Investigations and Reconciliations. The Capital Markets Service and Support Specialist ensures accurate and timely processing of Capital Markets-related activities, maintains compliance with regulations, and collaborates with internal teams to support overall Group operations. The Senior Capital Markets Service and Support Specialist will be Team Lead on certain Department functions/projects and reporting.
Responsibilities include but are not limited to:
- Monitor all FX Trades, verify and authorize transactions and settlement instructions -- Interbank and Client side.
- Calculate FX Derivatives MTM and answer/send Collateral Calls to interbank trading partners.
- Generate reporting of the Bank projected FX balances for distribution to FX Trading Desk.
- Handle FX trade and Client balance inquires. Including follow up on any issues or problems with a trade or action -- bank or client.
- Liaise with internal groups including FX Trading Desk, FX Cash Management and wires, VFM
- Middle Office Support, Private Banking, Commercial Banking Service & Delivery and Finance/Accounting.
- Work with the Team in Reconciliation of the Bank's FX Nostro Accounts.
- Participate in projects and audits addressing AML issues, regulatory, legal and operational exercises.
- Assist in the support of Derivatives Desk which includes Cross-Currency Swap and USD Swap processing.
Other Responsibilities:
- Comply with all regulations pertaining to BSA, USA PATRIOT ACT, and OFAC. Complete annual BSA training. Report suspicions of criminal activity, or any attempt to avoid BSA reporting requirements on the part of customers or employees, to the AML/BSA Compliance Department. For supervisory positions, ensure BSA training requirements are completed by staff.
- All other duties as assigned.
Requirements
Required Skills:
- Knowledge of Foreign Exchange Market Products - FX Spot and Forwards, NDF, FX OTC Options, Cross-Currency Swaps and FX Trade Settlements.
- Experience in a Bank Treasury environment and Banking Systems is preferable -- CLS, FX wires, SWIFT.
- Knowledge of Banking Applications such as OPICS, Intellimatch, EGIFT, IBS, Peoplesoft and SAP a plus.
- Good understanding of Bank Operational functions including reconciliation, payments and General Ledger entries.
- Understanding of Collateral Management and Margin Calls.
- Effective communication and interpersonal skills to collaborate with internal and external stakeholders.
- Strong organizational skills with attention to detail and accuracy in all tasks.
- Demonstrate an ability to be a collaborative and effective member of a diverse and dynamic team environment.
- Demonstrate an understanding of various forms of risk, including market, operational, legal, and regulatory, as they relate to the Bank's securities portfolio.
- Strong analytical skills and problem-solving abilities.
- Proficiency in using financial software and Microsoft Office applications such as Excel, including Macros.
- Familiarity with banking regulations related to treasury operations is an advantage.
- Ability to handle multiple tasks and prioritize effectively in a dynamic environment.
Required Experience:
- High School Diploma or GED, and min. 5 years of Treasury Operations and banking experience.
- Bachelors' degree in finance, accounting, economics or related field
preferred.
Pay Range InformationExact compensation may vary based on skills, experience, and location.
Salary Grade Minimum - Annual$54,600.00
Salary Grade Maximum - Annual$91,000.00
Salary Grade Minimum - Hourly$26.25
Salary Grade Maximum - Hourly$43.75
