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 hiring a Senior Foreign Exchange Clerk to operate at the intersection of high-volume trade execution, operational control, and client-facing settlement workflows. In this senior role you will own end-to-end FX trade lifecycle execution and operational risk controls across spot, forward, NDF, and simple FX option instruments. You will collaborate with Sales, Treasury, Middle Office, Legal and Technology to optimize straight-through-processing (STP), reduce settlement failures, and drive automation of manual controls. This position requires deep familiarity with FX conventions, settlement rails, trade capture systems, and regulatory reporting obligations.

Responsibilities

• Execute and confirm high-volume FX trades (spot, forward, NDF, swaps) across voice and electronic channels with precision and adherence to firm limits and best execution policies
• Own trade lifecycle management: trade capture, confirmation, matching, settlement instruction, MT/MX message reconciliation and exception resolution
• Lead daily operations for FX cash and forward settlements, ensuring timely funding, nostro confirmations and resolving breaks with counterparties and custodians
• Design, document and maintain Standard Operating Procedures (SOPs), workflow diagrams and Exception Playbooks for recurring failure modes
• Perform pre- and post-trade risk controls including limit checks, trade blotter reconciliation, price verification and P&L sanity checks
• Drive automation and STP improvements by partnering with Engineering to translate recurring manual tasks into clear requirements, test plans and acceptance criteria
• Mentor and train junior clerks and operations staff; lead shift handovers and maintain knowledge base for complex instrument handling
• Serve as escalation point for incidents, perform root-cause analysis using RCA methodology, and implement corrective actions to prevent recurrence
• Support regulatory and internal audit requests, provide transaction level evidence, and ensure adherence to AML/KYC and trade reporting obligations (e.g., EMIR/ SFTR where applicable)

Required and Preferred Qualifications

Required:

• 5+ years of hands-on FX operations, trade support or middle-office experience at a bank, prime broker or FX utility
• Deep understanding of FX instrument mechanics: spot, forward, swaps, NDFs, basic FX options settlement mechanics
• Proven experience with trade capture systems, SWIFT MT/MX messaging, FIX protocol, and settlement platforms
• Strong knowledge of nostro/vostro accounting, CLS settlement processes, and custody relationships
• Demonstrated ability to own incident response and communicate clearly with internal and external stakeholders under time pressure
• Proficiency in Excel (advanced formulas, pivot tables, VBA/macros) and experience with SQL for ad-hoc reconciliations
• Excellent written documentation skills and experience producing SOPs and operational runbooks

Preferred:

• Experience implementing automation initiatives using APIs, RPA or workflow orchestration tools
• Familiarity with cloud-based trade processing stacks, message queuing and microservices integration patterns
• Prior exposure to regulatory reporting frameworks (EMIR, SFTR, Dodd-Frank) and trade surveillance systems
• Certifications such as SIFMA operations training, ACAMS, or industry-recognized settlement/operations credentials

Technical Skills and Relevant Technologies

• Operational systems: SWIFT, Bloomberg AIM/FXGO, ION Treasury, Calypso, Murex, or similar platforms
• Messaging & connectivity: SWIFT MT/MX, FIX, API-based trade venues and vendor connectivity
• Data & tooling: SQL (Postgres/SQL Server), Excel advanced, Python or R for scripting/automation
• Monitoring & reconciliation: trade blotters, automated matching engines, reconciliation platforms and messaging logs
• Risk & compliance tech: trade surveillance tools, AML screening systems, and regulatory reporting pipelines

Soft Skills and Cultural Fit

• Calm, decisive operator with demonstrated experience handling time-sensitive, high-stakes incidents
• Strong communicator who can synthesize technical trade data into concise summaries for traders, legal, and senior management
• Track record of process improvement: identifying root causes, building ADRs (architecture decision records) for workflow changes, and executing on remediation
• Mentoring mindset: experience upskilling junior staff, running training sessions, and building knowledge transfer artifacts
• Bias for measurable outcomes—reducing exception rates, improving STP rates, shortening mean time to resolution (MTTR)

Benefits and Perks

Salary range: [$SALARY_RANGE]

• Competitive base salary plus discretionary bonus aligned to individual and team performance
• Comprehensive health, dental and vision plans; generous retirement plan contributions
• Learning & development stipend, certifications reimbursement and on-site or virtual technical training
• Paid time off, parental leave, and flexible scheduling within business needs
• Commuter benefits and professional membership sponsorship

Equal Opportunity Statement

[$COMPANY_NAME] is an equal opportunity employer committed to building an inclusive, diverse workforce. We welcome applicants from all backgrounds and will consider qualified candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. Reasonable accommodations are available upon request for candidates taking part in all aspects of the selection process.

Location

This position is based in [$COMPANY_LOCATION] and requires regular on-site presence to coordinate with trading, treasury, and settlement teams. Occasional hybrid flexibility may be granted with manager approval but candidates must be able to work from the office as required by operational hours.

How to Apply

We encourage applicants to apply even if you do not meet every listed requirement. Please submit your resume and a brief cover letter highlighting relevant FX operations experience and examples of process improvements or incident responses you have led. Qualified applicants will be contacted for next steps.