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 own middle- and back-office FX trade lifecycle operations across spot, forward, swaps, non-deliverable forwards (NDFs), and OTC derivatives. You will design and maintain robust trade capture, settlement, and reconciliations processes; resolve intraday and post-trade breaks; and drive process and automation improvements that reduce operational risk and lower T+ settlement exceptions. This senior individual contributor role requires deep practical experience with FX platforms, counterparty workflows, regulatory reporting, and proven ability to lead cross-functional remediation projects with front office, treasury, legal, and technology teams.

Responsibilities

• Own end-to-end FX trade lifecycle: trade capture, confirmation, matching, settlement instruction generation, settlement monitoring, and exception management for spot, forward, swap and NDF products.
• Lead intraday surveillance and break resolution: investigate trade mismatches using SWIFT messages (MT300/300/300+ variants), FIX logs, and platform audit trails; coordinate fixes with counterparties and custodians to ensure timely settlement.
• Manage settlement operations for multi-currency flows including CLS, nostro/vostro reconciliations, nostro funding, liquidity sweeps, and FX cash management.
• Drive operational risk reduction initiatives: implement enhanced reconciliations, root cause analysis, post-trade controls, and process automation (RPA, Python scripts, or Excel macros) to eliminate repeat breaks and reduce manual intervention.
• Partner with Technology and Product to define requirements, test and deploy trade capture and reconciliation system enhancements (e.g., Murex, Calypso, Wallstreet Suite, Misys, or proprietary platforms).
• Coordinate with Compliance, KYC/AML, and Legal on counterparty onboarding requirements, sanctions screening, regulatory reporting (EMIR, Dodd-Frank, SFTR where applicable), and audit responses.
• Maintain and improve operational documentation including Standard Operating Procedures (SOPs), playbooks for trade exceptions, Service Level Agreements (SLAs), and Architecture Decision Records (ADRs) for process changes.
• Mentor junior operations staff: lead shift handovers, conduct quality reviews, and own training on trade lifecycle tools, SWIFT messaging, and exception handling methodologies.
• Produce operational metrics and dashboards: daily P&L reconciliations, settlement fail rates, exception aging, and process KPIs using SQL, Tableau/Power BI, or equivalent BI tools.

Required and Preferred Qualifications

Required:

• 5+ years of hands-on FX operations, treasury operations, or middle-office experience covering spot, forwards, swaps and NDFs in a bank, broker-dealer, or corporate treasury environment.
• Proven expertise with SWIFT messaging standards (MT300/202/900 series), FIX protocol familiarity, and experience working with CLS settlement flows.
• Strong understanding of nostro/vostro accounting, settlement instruction lifecycle, confirmations (ISDA/FX confirmations), and custody interactions.
• Practical skills with reconciliation tools and query languages: SQL, advanced Excel (VLOOKUP, INDEX/MATCH, pivot tables, VBA/macros) and exposure to Python or R for automation.
• Experience managing operational risk, root cause analysis, and implementing remediation projects; familiarity with industry regulations (EMIR, Dodd-Frank, SFTR, local FX reporting requirements).
• Excellent stakeholder management with front office, technology, compliance, and counterparty operations; clear written and verbal communication.

Preferred:

• Experience with enterprise platforms such as Murex, Calypso, Broadridge, or proprietary trading and settlement systems.
• Familiarity with messaging gateways, message enrichment, and middleware (SWIFT Alliance, SAA, MQ systems).
• Track record of delivering automation (RPA, Python, Airflow) to reduce manual processing and exception volumes.
• Certifications such as CISI, ACAMS, Certificate in Treasury Fundamentals or other industry credentials.

Technical Skills and Relevant Technologies

• SWIFT MT messaging (MT300, MT202, MTn99 family) and FIX protocol
• CLS settlement operations and nostro/vostro accounting
• Trade capture systems: Murex, Calypso, Wallstreet Suite, Broadridge, or equivalent
• Reconciliation and middle-office tools; Excel advanced functions, VBA macros
• SQL for data extraction and reconciliation; Python for scripting/automation
• BI and dashboarding: Tableau, Power BI, Looker (or equivalent)
• Ticketing and workflow systems: JIRA, ServiceNow, or internal OMS/EMS

Soft Skills and Cultural Fit

• Proven leadership in operations: running post-trade remediation projects, writing SOPs, and leading incident post-mortems.
• Bias for operational excellence: meticulous attention to detail, ownership of outcomes, and measurable track record reducing exceptions and settlement fails.
• Strong communicator who can translate technical/system issues into business impact for senior stakeholders and external counterparties.
• Collaborative mindset with experience mentoring junior staff and improving team capability.
• Adaptable under pressure: experience resolving high-severity operational incidents during settlement windows and market stress.

Benefits and Perks

Salary Range: [$SALARY_RANGE]

We offer a competitive total rewards package including:

• Comprehensive medical, dental and vision benefits
• 401(k) or local equivalent with employer match / pension contributions
• Paid time off, parental leave, and paid volunteer days
• Annual learning & development stipend and certification reimbursement
• Commuter allowance and flexible working arrangements
• Performance bonus and long-term incentive opportunities where applicable

Equal Opportunity Statement

[$COMPANY_NAME] is an equal opportunity employer committed to building a diverse and inclusive workforce. 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, veteran status, or any other characteristic protected by law. We actively encourage applications from candidates of all backgrounds, including those who may not meet every listed requirement but bring relevant skills, aptitude, and a growth mindset.

Location

This is a hybrid role based in [$COMPANY_LOCATION]. A successful candidate will be expected to work from the office at least three days per week for cross-functional collaboration, settlement window coverage, and training; flexible remote days are available.

How to Apply

We encourage applicants to apply even if you don’t meet every qualification listed. Please submit your resume and a brief cover letter highlighting your FX operations experience, key achievements in reducing settlement exceptions, and availability. Candidates selected for interviews will be asked to provide examples of process improvements or automation you have led.