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

We are looking for a Senior Foreign Exchange Clerk to lead daily FX operations, ensure regulatory compliance, and mentor junior staff in a high-volume trading environment. You’ll own end-to-end processing of spot, forward, and swap transactions, reconcile nostro accounts, and serve as the escalation point for complex trade exceptions—all while maintaining razor-sharp accuracy in a market that never sleeps.

Responsibilities

• Supervise trade capture, confirmation, and settlement workflows for G10 and EM currency pairs via SWIFT, SSI databases, and trade matching platforms (Bloomberg TOMS, FXall, 360T)
• Perform daily nostro and mirror-account reconciliation using tools like Reval or AutoRek, investigating and resolving breaks within agreed SLA (typically T+1)
• Validate pricing and P&L attributions against Reuters and Bloomberg feeds, escalating anomalies to Trading and Market Risk
• Act as primary liaison with correspondent banks, prime brokers, and CLS to ensure timely funding and reduce settlement risk
• Generate regulatory reports (MiFID II, EMIR, Dodd-Frank) and maintain KYC documentation for FX counterparties
• Mentor junior clerks on SWIFT message formatting (MT300, MT202COV, MT950), FX trade life-cycle, and operational risk controls
• Continuously improve STP rates by scripting SQL queries and Python automation to eliminate manual touchpoints

Required Qualifications

• 5+ years of front-to-back FX operations experience within a bank, broker-dealer, or fund administrator
• Expert knowledge of SWIFT MT messages, CLS settlement, and FX confirmations (ISDA, ICOM)
• Proficiency with trading and OMS platforms (Bloomberg AIM, FX Connect, Murex, Calypso, or similar)
• Demonstrated ability to reconcile multi-currency nostro accounts and resolve breaks >USD 5 M under pressure
• Solid understanding of FX regulatory landscape: MiFID II RTS 27/28, EMIR trade reporting, SFTR, and Fed FX Swap reporting
• Advanced Excel (pivot tables, VLOOKUP, Power Query) and basic SQL; Python or VBA automation a plus
• Bachelor’s degree in Finance, Economics, or related field (or equivalent work experience)

Preferred Qualifications

• ACI Dealing Certificate or CFA charterholder
• Experience with distributed ledger (DLT) settlement pilots or central-bank digital currencies (CBDC)
• Exposure to emerging-market currencies and NDF products
• Project-management certification (PMP, Agile) with track record of driving STP enhancements

Technical Skills and Relevant Technologies

• SWIFT Alliance, SWIFT gpi, ISO 20022 XML
• Reuters Matching, FXall, 360T, Bloomberg FXGO
• Murex, Calypso, Summit, or similar front-to-back treasury systems
• SQL, Python, REST APIs for data extraction and trade enrichment
• Advanced Excel & data-visualization tools (Tableau, Power BI)

Soft Skills and Cultural Fit

• Meticulous attention to detail—zero-tolerance mindset for settlement fails
• Clear communicator able to translate technical FX jargon to non-specialists
• Calm under pressure when markets spike and settlement deadlines shrink
• Collaborative spirit: partner with Trading, Risk, Finance, and Tech to close issues fast
• Continuous-improvement mentality—document processes, update SOPs, and champion automation

Benefits and Perks

Base salary range: [$SALARY_RANGE] plus annual performance bonus

• Premium medical, dental, and vision coverage for you and dependents
• 401(k) / pension match up to 6%
• Professional-development stipend for certifications (ACI, CFA, FRM)
• Flexible PTO and paid market holidays across major FX centers
• Hybrid work model—core hours 7 a.m.–3 p.m. EST to overlap with London and NY markets

Equal Opportunity Statement

[$COMPANY_NAME] is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, or age.

Location

This position is based in [$COMPANY_LOCATION]. A successful candidate will be expected to work from the office at least 3 days a week to ensure real-time collaboration with Trading and Treasury teams.