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 (FX) Clerk to lead day-to-day FX operations and settlements for high-volume, multi-currency flow. In this senior operations role you will own end-to-end trade lifecycle processes — from trade capture through confirmation, settlement, reconciliation and exception management — while driving STP, operational resilience, and risk mitigation. You will work cross-functionally with Treasury, Sales, Trading, Middle Office, Risk & Compliance, and Technology to operationalize product changes and automation initiatives.

Responsibilities

• Own the end-to-end FX trade lifecycle: trade capture, confirmation (SWIFT MT3xx/MT2xx/ISO20022), matching, netting, settlement (bank/CLS/RTGS), and timely reconciliation against back-office records.
• Manage and resolve settlement exceptions, breaks and intraday fails; investigate root cause using trade blotters, SWIFT logs, FIX messages and settlement reports, and coordinate fixes with counterparties and clearing banks.
• Lead daily operations for spot, forwards, NDFs, swaps, and exotic FX ticket flows; ensure P&L feed integrity and timely trade enrichment for downstream systems.
• Maintain operational controls: pre- and post-trade checks, payment instruction validation, sanction screening handoffs, and adherence to cut-off times and settlement cycles (T+0/T+1/T+2 where applicable).
• Drive STP and automation initiatives: partner with engineering and process automation teams to implement straight-through processing improvements (RPA, Python scripts, API integrations) and reduce manual touchpoints by measurable KPIs.
• Design, document and own Standard Operating Procedures (SOPs), runbooks, and Architecture Decision Records (ADRs) related to FX operations and contingency processes.
• Provide subject matter expertise for change control: participate in testing and UAT for trade capture, middle-office systems, and payment engine releases; validate reconciliations, message formats (FIX, SWIFT, ISO20022) and parity across environments.
• Monitor operational risk and regulatory compliance: prepare required reporting for internal audit, regulatory exams, trade surveillance, and assist with periodic controls testing.
• Coach and mentor junior clerks and contractors; lead shift/handover processes and continuous improvement workshops to raise team capability and resilience.
• Own KPIs and SLAs for the desk: settlement success rate, exception backlog, time-to-resolution, STP rate, and operational cost-per-ticket; present metrics to stakeholders and propose remediation plans.

Required and Preferred Qualifications

Required:

• 6+ years of FX operations, treasury operations, or middle/back-office experience at a bank, broker-dealer, or electronic FX venue with progressive responsibility.
• Deep knowledge of FX products (spot, forwards, swaps, NDFs, options) and settlement mechanisms (bank transfer, CLS, netting).
• Hands-on experience with SWIFT messaging (MT103/202/300/320/330 series), ISO20022 basics, FIX lifecycle messages, and trade matching tools.
• Proven track record managing intraday settlement and exception workflows, with strong troubleshooting and root-cause analysis ability.
• Proficiency with Excel (advanced formulas, pivot tables, VBA/macros) and experience querying trade and settlement databases using SQL.
• Strong written and verbal communication skills; experience authoring SOPs and incident reports.
• Demonstrated ability to lead cross-functional projects and mentor junior staff.

Preferred:

• Experience with CLS, CHIPS, Fedwire, TARGET2, SWIFT gpi, and correspondent banking operations.
• Familiarity with treasury and risk systems (e.g., Murex, Calypso, 360T, Bloomberg, Refinitiv Eikon) and message-based integrations.
• Practical scripting or automation experience (Python, PowerShell, UiPath/RPA) to prototype reconciliation and reporting automations.
• Relevant certifications such as ACI Dealing Certificate, Certificate in Treasury Operations, or FRM/CAIA exposure.
• Prior exposure to regulatory reporting requirements (EMIR, Dodd-Frank, MIFID II transaction reporting) or sanctions screening workflows.

Technical Skills and Relevant Technologies

• SWIFT MT and ISO20022 message formats; FIX protocol message flows and trade lifecycle conventions.
• Settlement platforms and banking rails: CLS, RTGS, CHIPS, TARGET2, Fedwire.
• Trade capture / treasury systems: Murex, Calypso, 360T, or equivalent; front-office blotters and middle-office ticketing systems.
• Data tools: SQL (Postgres, Oracle), Excel (VBA/macros), Bloomberg/Refinitiv Eikon, and ETL familiarity.
• Automation & integrations: REST APIs, Python scripting, RPA tools (UiPath/Automation Anywhere), message queuing and transformation (XML/JSON).

Soft Skills and Cultural Fit

• Analytical rigor: ability to decompose complex breaks and propose durable fixes, supported by data and reproducible test cases.
• Risk-first mindset: proactive identification of control gaps and clear escalation to stakeholders and risk owners.
• Leadership presence: experience running operational shifts, incident calls, and post-incident reviews while maintaining composure under pressure.
• Collaborative communicator: effective at translating technical issues to non-technical stakeholders and aligning cross-functional teams.
• Continuous improvement orientation: curious, metrics-driven, and committed to automation and process simplification.

Benefits and Perks

Salary range: [$SALARY_RANGE]

• Comprehensive health, dental, and vision plans and flexible spending accounts.
• Retirement plan with company match, performance bonus program, and equity or long-term incentive plans where applicable.
• Professional development budget, paid certification support, and internal career mobility tracks into treasury, risk or technology roles.
• Generous paid time off, parental leave, and wellbeing benefits including mental health services.
• Hybrid working model with dedicated collaboration days, on-site amenities and commuter benefits in [$COMPANY_LOCATION].

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 or expression, national origin, age, disability, veteran status or other protected characteristics under applicable law.

Location

This is a hybrid position based in [$COMPANY_LOCATION]. A successful candidate will be expected to work from the office at least three days per week to support cross-functional coordination, training and on-shift coverage.

How to Apply

To apply, please submit your resume and a concise cover letter outlining your FX operations experience and key accomplishments. Applications will be reviewed on a rolling basis.