New York, NY, USA Full-time Company Description For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail.

Benefits

package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive. Job Description Responsible for the processing of FX Spot, Forward, Time Options, Currency Time Deposits and all Currency Option contracts.

Ensure timely confirmation and settlement of trades along with preparation of management reports. Client Service support of banks online FX trading Portal.

Responsibilities

include the following : Confirm and process FX, Currency Option trades and Currency Time deposits with complete accuracy. Confirmation and review of Online FX Portal trade activity Ensure that all trades are confirmed via SWIFT, email or callback as necessary Setup and maintain Customer data on SPECTRUM including Standard Settlement Instructions. Monitor Confirmation status on unmatched deals.

Attach payment instructions to each trade. Generate payment jobs for all SWIFT and CHIPS payments in our systems Confirm new/ changed customer payment instructions via call back Interact with traders, other departments, external banks, brokers, and customers.

Qualifications

At least 3-5 years experience in FX trade and FX Option processing. Full knowledge of SWIFT message confirmation and payment types. Knowledge of ISO20022 formats a plus Knowledge of Spectrum system a plus Knowledge of Microsoft Word and EXCEL.

Effective Oral and written communication skills. Ability to work independently with a minimum of supervision.

Compensation

The expected annual salary for this position is between $90,000-$105,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Additional Information The Bank Will Make Reasonable Accommodations To The Following Employees To Allow Them To Perform The Essential Functions Of Their Position, Except Where Doing So Would Result In Undue Hardship To The Bank Those with a known mental or physical disability. Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions. Victims of domestic violence, sex offenses or stalking.

Employees with religious observance and practice obligations. Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation.

FX Specialist