FX Operations Support

3 weeks ago


Jersey City, United States Momentum Resource Solutions Full time
Job DescriptionJob Description

Work Schedule: Hybrid

Summary: 

Create, Process, and Check Corporate/Interbank FX/MM payments and settlements via Transaction Processing Systems and Broadridge applications.  Provide support in resolving system and or transaction issues with counterparts, traders and related business units

 

PRINCIPLE DUTIES AND RESPONSIBILITIES:

(1) General Duties:

  • Ensure that all FX and MM Corporate/Inter-bank trades are processed and approved on Transaction Processing Systems in a timely manner;
  • Prepare and check manual Payments (Fed, Chip, Swift) if required
  • Enter payments in Mizuho Broadridge Metro PACS
  • Review critical control reports for manual settlement or processing;
  • Perform EOD reconciliations;
  • Enter updates in Broadridge Metro FUNDING;
  • Confirmation via email, swift, and third party platform systems related to FX and MM transactions
  • Work closely with Documentation/Confirmation team to ensure that payments are stopped for any MT-392 issuance;
  • Monitor the USD Fed/Chips reconciliations;
  • Liaison with Market Front Office as well as other inter-departments in resolving issues;
  • Perform the reconciliation of brokerage bills and payments;
  • Troubleshoot potential operational problems and resolve issues;
  • Assist with other staff members in the daily operation requirements;
  • Cross training in all aspects of the operations to be proficient with various FX/MM transactions processing/settlement;
  • Special Projects
  • Perform duties as assigned

(2) Exception Duties (As requested by Unit/Section Head)

  • Adhoc assignments  as assigned 

(3) Compliance 

  • Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division.  Attend Annual Compliance Training presented by the Americas Legal and Compliance Division.  Read and respond as necessary to all compliance-related reference and directive materials received.  Comply with the Bank’s “Code of Conduct”.

Skills:

QUALIFICATIONS:

  • College Degree Preferred 3-5 years’ experience in Money Market and Forex Operations or equivalent.
  • Knowledge of Outlook, Excel, and Microsoft Word
  • Communication skills to deal effectively and professionally with Corporate Clients, Front Office Account Officers, Front Office Traders, and other team members within organization.​


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