MUFG Union Bank Foreign Exchange Operations Specialist in Los Angeles, California

Foreign Exchange Operations Specialist

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Job Summary:

Reporting to an Operations Supervisor within Foreign Exchange Operations (FX), the FX Specialist provides operational support to the Foreign Exchange Advisory area. Typical duties include handling, confirming, processing, accounting and settlement of purchase and sale foreign exchange transactions in various currencies and a wide variety of FX business products.

Responsibilities:

  • 45% Confirm, process and settle purchase and sale of Foreign Exchange transactions in select currencies and a wide variety of FX products such as Foreign Currency Time Deposit, Foreign Currency Demand Account, Foreign Currency loans, Spots, Forwards and Option Deals.

  • 15% Enter and Release Wire payments, messages and telex through the Global Funds Transfer System.

  • 15% Provide assistance and act as liaison between the FX Advisory team, other internal business units within the Bank, correspondent banks and customers while exhibiting positive attitude towards servicing goals. This will include complex trade and settlement discussions.

  • 10% Research out of balance conditions; investigate incoming and outgoing compensation claims and overdraft charges.

  • 5% Escalate to FX Advisory and Operations Management any issues that are considered high risk and a potential for possible loss to the bank.

  • 5% Enter and release wire payments, messages and telex through the Global Funds Transfer System.

Additional Information/Qualifications:

  • Provide continuous high level of Customer Service and exhibits positive attitude towards servicing goals Manage Risk and follow compliance regulations.

  • Good Analytical, organizational and accuracy skills.

  • Be able to multi-task, effectively prioritize work, ability to work under high pressure/strict deadline environment.

  • Must have excellent follow through and able to communicate effectively with all levels of personnel.

  • Knowledge of MS Office Suite – Word, Excel, PowerPoint, etc.

/The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified./

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/We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category./

Job: *Operations

Title: Foreign Exchange Operations Specialist

Location: CALIFORNIA-Los Angeles

Requisition ID: 10015513-WD