<p>We are looking for an experienced Operations Intermediate Specialist – FX Settlements to join our team in Jersey City, NJ for this role, you will oversee the accurate and timely settlement of foreign exchange transactions, ensuring compliance with industry standards and client instructions. This is a long-term contract position offering a hybrid work schedule of three days in-office and two days remote.</p><p><br></p><p>Responsibilities:</p><p>• Facilitate the timely settlement of FX trades executed through various trading desks and platforms.</p><p>• Validate and confirm FX transaction details, ensuring adherence to client-provided Standard Settlement Instructions.</p><p>• Monitor and address issues in the SWIFT repair queue and FX query queue to ensure seamless operations.</p><p>• Escalate trade discrepancies to relevant teams and collaborate on resolutions.</p><p>• Identify opportunities for process improvements, including automation and procedural updates.</p><p>• Oversee accurate settlement of transactions within bilateral netting systems.</p><p>• Verify currency settlement instructions for third-party custodians and inter-bank counterparties.</p><p>• Respond to and resolve client and counterparty inquiries professionally and efficiently.</p><p>• Maintain proficiency in using Office tools, including Excel, Word, and Access, for daily operations.</p><p>• Work collaboratively with team members to manage multiple responsibilities and prioritize tasks effectively.</p>

• Bachelor's degree in business, finance, or a related field.<br>• Minimum of 6-12 months of experience in FX operations, derivatives, or financial services preferred.<br>• Strong multitasking and prioritization skills to handle high-volume tasks efficiently.<br>• Ability to work independently while contributing to team goals.<br>• Excellent communication skills to ensure effective interactions with clients and colleagues.<br>• Keen attention to detail to ensure accuracy in settlements and documentation.<br>• Proficiency in Microsoft Office applications, including Excel, Word, and Access.<br>• A proactive approach to identifying and resolving operational challenges.

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