4 Foreign Exchange Clerk Job Description Templates and Examples

Company Overview

[$COMPANY_OVERVIEW]

Role Overview

We are looking for a detail-oriented Junior Foreign Exchange Clerk to join our dynamic finance team at [$COMPANY_NAME]. In this role, you will assist in the processing of foreign currency transactions and support our clients in navigating the complexities of currency exchange. This position is an excellent opportunity for recent graduates or individuals with a keen interest in finance to develop their skills in a fast-paced environment.

Responsibilities

• Assist in executing foreign exchange transactions accurately and efficiently, ensuring compliance with regulatory requirements
• Monitor exchange rates and market trends to provide timely updates to clients and internal stakeholders
• Collaborate with senior clerks to reconcile accounts and resolve discrepancies in transaction records
• Maintain detailed records of all transactions, ensuring data integrity and accuracy
• Provide administrative support to the foreign exchange team, including preparing reports and documentation
• Engage with clients to address inquiries and provide information on currency exchange services

Required and Preferred Qualifications

Required:

• Bachelor's degree in Finance, Economics, or a related field
• Strong analytical skills with a keen attention to detail
• Basic understanding of foreign exchange markets and trading principles

Preferred:

• Previous internship or relevant experience in financial services
• Familiarity with financial software and tools
• Proficiency in Microsoft Excel and data analysis techniques

Technical Skills and Relevant Technologies

• Ability to analyze market data and trends
• Familiarity with foreign exchange trading platforms and systems
• Basic knowledge of financial regulations and compliance standards

Soft Skills and Cultural Fit

• Strong communication skills, both verbal and written
• Ability to work collaboratively in a team-oriented environment
• Proactive approach to problem-solving and attention to detail
• Adaptability to changing market conditions and priorities
• Enthusiasm for learning and professional development in the finance sector

Benefits and Perks

Salary: [$SALARY_RANGE]

In addition to competitive compensation, we offer a range of benefits, including:

• Comprehensive health, dental, and vision insurance
• Retirement savings plan with company match
• Generous paid time off and holiday schedule
• Professional development opportunities and training programs

Equal Opportunity Statement

[$COMPANY_NAME] is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

Location

This role is hybrid, requiring candidates to work from the office at least three days a week, at our location in [$COMPANY_LOCATION].

We encourage applicants from diverse backgrounds to apply, even if you do not meet all the specified qualifications. Your unique experiences and perspectives are valuable to us!

Company Overview

[$COMPANY_OVERVIEW]

Role Overview

As a Foreign Exchange Clerk at [$COMPANY_NAME], you will play a critical role in facilitating the buying and selling of foreign currencies, ensuring accuracy and compliance with regulatory requirements. You will work closely with traders and financial analysts to execute trades efficiently while providing exceptional customer service to clients.

Responsibilities

• Process foreign currency transactions with precision, ensuring accuracy in all trades and settlements
• Monitor exchange rates and market trends to provide real-time updates and insights to clients and traders
• Maintain up-to-date knowledge of regulatory requirements and compliance standards in the foreign exchange market
• Collaborate with trading teams to optimize trading strategies and improve operational efficiencies
• Assist in the preparation of reports related to currency transactions and market activities
• Provide excellent customer service to clients, addressing inquiries and resolving issues promptly

Required and Preferred Qualifications

Required:

• Associate degree in finance, economics, or a related field
• 1-3 years of experience in a financial services role, preferably in foreign exchange or trading
• Strong analytical skills and attention to detail
• Familiarity with financial markets and currency trading platforms

Preferred:

• Bachelor's degree in finance, economics, or a related field
• Experience with trading systems and financial software
• Knowledge of international regulations affecting foreign exchange transactions

Technical Skills and Relevant Technologies

• Proficient in Microsoft Excel for data analysis and reporting
• Experience with trading platforms such as Bloomberg, Reuters, or similar
• Understanding of risk management practices in currency trading

Soft Skills and Cultural Fit

• Excellent communication and interpersonal skills to effectively collaborate with team members and clients
• Ability to work under pressure in a fast-paced environment
• Strong problem-solving skills and a proactive approach to challenges
• Detail-oriented with a commitment to accuracy and compliance

Benefits and Perks

Annual salary range: [$SALARY_RANGE]

Additional benefits may include:

• Health, dental, and vision insurance
• Retirement savings plan with company matching
• Paid time off and holidays
• Professional development opportunities

Equal Opportunity Statement

[$COMPANY_NAME] is committed to diversity in its workforce and is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law.

Location

This role requires successful candidates to be based in-person at [$COMPANY_LOCATION].

Company Overview

[$COMPANY_OVERVIEW]

Role Overview

We are seeking a detail-oriented and experienced Foreign Exchange Supervisor to lead our foreign exchange operations. In this role, you will oversee the daily execution of FX transactions, ensuring compliance with regulatory standards while optimizing trade execution and risk management strategies. Your expertise will guide a team of traders and analysts, fostering a high-performance culture focused on accuracy and efficiency.

Responsibilities

• Supervise and manage the foreign exchange trading desk, ensuring optimal trade execution and adherence to compliance requirements.
• Develop and implement trading strategies to maximize profitability while managing risk exposure.
• Oversee the daily operations of foreign exchange transactions, including spot, forward, and swap transactions.
• Collaborate with risk management teams to monitor and mitigate risks associated with foreign exchange trading.
• Conduct regular training and development sessions for team members to enhance their trading skills and market knowledge.
• Prepare and present reports on trading performance, market trends, and regulatory changes to senior management.

Required and Preferred Qualifications

Required:

• 5+ years of experience in foreign exchange trading or operations, with a track record of managing trading teams.
• Strong understanding of FX markets, trading strategies, and regulatory requirements.
• Proven ability to analyze market data and make informed trading decisions under pressure.
• Excellent communication and interpersonal skills, with the ability to lead and motivate a team.

Preferred:

• Master's degree in Finance, Economics, or a related field.
• Experience with algorithmic trading and advanced trading technologies.
• Certifications such as CFA or Financial Risk Manager (FRM) are a plus.

Technical Skills and Relevant Technologies

• Proficiency in trading platforms and tools used for FX trading, such as Bloomberg, Reuters, or MetaTrader.
• Experience with data analysis tools and programming languages like Python or R for analyzing market trends.
• Familiarity with risk management software and methodologies.

Soft Skills and Cultural Fit

• Strong analytical and problem-solving abilities, with attention to detail.
• Ability to thrive in a fast-paced, dynamic environment while maintaining composure under pressure.
• Exceptional organizational skills and the capability to manage multiple priorities effectively.
• A collaborative mindset with a commitment to driving team success.

Benefits and Perks

Annual salary range: [$SALARY_RANGE]

Additional benefits may include:

• Health, dental, and vision insurance
• Retirement savings plan with company match
• Paid time off and holidays
• Professional development opportunities

Equal Opportunity Statement

[$COMPANY_NAME] is committed to diversity in its workforce and is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law.

Location

This role requires successful candidates to be based in [$COMPANY_LOCATION].

Company Overview

[$COMPANY_OVERVIEW]

Role Overview

[$COMPANY_NAME] is seeking a Senior Foreign Exchange Clerk to own and optimize FX trade lifecycle operations, trade capture, settlement, confirmations and exception management for high-volume spot, forwards, swaps and NDF flows. In this senior operations role you will lead end-to-end processing across trading, treasury and middle-office interfaces, design and enforce control frameworks, automate recurring workflows, and act as a primary operational escalation for complex trade breaks and regulatory inquiries. This position requires deep knowledge of SWIFT messaging standards, market infrastructure (RTGS/CHAPS/Target2), FX dealing platforms, and strong process improvement experience to reduce settlement risk and operational cost.

Responsibilities

• Own end-to-end FX trade lifecycle for spot, forward, swap and NDF products from trade capture through settlement, confirmations (MT300/MT202/MT103), netting and accounting.
• Act as senior operational SME for FX trade matching and confirmation platforms (SWIFTNet FIN, FIX, Bloomberg FXGO, Refinitiv), resolving bilateral mismatches and tri-party exceptions.
• Lead incident response for high-severity settlement or confirmation breaks, coordinating traders, counterparties, custodians, payment processors and technology teams to remediate within SLAs.
• Design, implement and maintain control frameworks: reconciliations, break remediation procedures, daily position checks, counterparty limits checks and settlement risk metrics.
• Develop and execute automation initiatives (VBA, SQL, Python scripts, RPA) to remove repetitive manual steps, improve straight-through-processing (STP) rates and reduce operational errors.
• Perform root-cause analysis for recurring breaks and lead cross-functional projects to remediate upstream data or workflow issues; document Architecture Decision Records (ADRs) for process changes.
• Mentor and coach junior FX operations staff, lead shift handovers, run training sessions on product conventions and SWIFT messaging, and conduct thorough operational and code reviews where applicable.
• Partner with Treasury, Trading, Middle Office, Legal and Compliance on regulatory reporting (EMIR, Dodd-Frank, local FX regulations), audit responses, and counterparty documentation (ISDA confirmations workflows).
• Maintain and evolve operational runbooks, playbooks and KPI dashboards (STP rate, average time-to-settle, break backlog) using BI tools or SQL-driven reports.

Required and Preferred Qualifications

Required:

• 6+ years of FX operations, treasury operations, or bank dealing desk support experience, with demonstrated ownership of high-volume trade processing.
• Deep practical knowledge of SWIFT message types (MT300/MT202/MT103), FIX workflows, payment rails and settlement mechanisms.
• Proven experience with trade confirmation and matching platforms such as Bloomberg FXGO, Refinitiv, Murex or Calypso.
• Strong quantitative and data analysis skills: advanced Excel (including VBA/macros), SQL and experience producing operational reports and dashboards.
• Track record of leading incident response and complex break resolution under tight SLAs.
• Excellent stakeholder communication and ability to translate technical trade/process issues to non-technical audiences.

Preferred:

• Experience with automation tools or scripting languages (Python, RPA frameworks) and experience integrating with message queues or middleware (MQ, Kafka).
• Prior exposure to regulatory reporting (EMIR, SFTR, Dodd-Frank) and familiarity with trade lifecycle data requirements for audit and compliance.
• Certifications such as CSCB, ACT (Association of Corporate Treasurers), or industry-recognized operations certifications.
• Experience working in global markets with multi-currency settlement and cross-border payment processing.

Technical Skills and Relevant Technologies

• SWIFT messaging (MT300, MT202, MT103), SWIFTNet FIN
• Trading/confirmation platforms: Bloomberg FXGO, Refinitiv, Murex, Calypso or equivalent
• Payment rails and settlement systems: RTGS, CHAPS, Target2, Fedwire
• Data tools: Excel (advanced/VBA), SQL, basic Python or scripting for automation
• Middleware / messaging: FIX, MQ, Kafka (desirable)
• Ticketing & workflow systems: ServiceNow, Jira, or internal OMS/CTRM systems

Soft Skills and Cultural Fit

• Demonstrated leadership in operational settings: leading cross-functional incident response, drafting ADRs and mentoring team members.
• Exceptional attention to detail and strong analytical judgement for financial reconciliation and exception prioritization.
• Calm under pressure with proven ability to manage competing priorities and meet SLAs in a 24/5 markets environment.
• Strong written and verbal communication skills, including preparing executive summaries for senior stakeholders and regulators.
• Continuous improvement mindset with practical experience driving process change and cost efficiencies.
• Collaborative, inclusive approach valuing diversity of thought and fostering knowledge sharing across teams.

Benefits and Perks

Salary: [$SALARY_RANGE]

Additional benefits include:

• Comprehensive health, dental and vision plans
• Retirement savings plan with employer match
• Generous paid time off and sick leave
• Professional development stipend and support for industry certifications
• Flexible work arrangements and parental leave
• Wellness programs, commuter benefits and employee assistance programs

Equal Opportunity Statement

[$COMPANY_NAME] is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability or veteran status. We also encourage applicants from non-traditional backgrounds and those who meet some, but not all, of the listed qualifications to apply.

Location

This is a remote position within [$COMPANY_LOCATION]. Candidates must be legally authorized to work and reside in [$COMPANY_LOCATION] and available to align with core market hours. Hybrid or on-site presence may be requested periodically for training, audits or critical incident response.

Application Instructions

We encourage applicants who are passionate about markets and operations to apply even if you do not meet every listed requirement. Please submit your resume and a brief cover letter highlighting relevant FX lifecycle experience, automation projects and examples of leading operational change.