FX Sales Associate in Seattle, WA at Key Bank- Corporate

Date Posted: 10/2/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    1301 5th Avenue
    Seattle, WA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/2/2019

Job Description

ABOUT THE JOB (JOB BRIEF)

Work within the FX Cleveland sales team supporting FX sales group (Cleveland / NY / Seattle) with the execution of daily departmental activities, related to delivering our suite of Foreign Exchange products and services to our corporate client base. Transaction logging, report generation, presentation preparation, online transaction system are a few key component job requirements, while learning fundamentals of the Foreign Exchange market, which will lead to corporate client contact and coverage, and ultimately to a fully-fledged corporate FX salesperson working with Business Banking and Middle Market clients and prospects.


ESSENTIAL JOB FUNCTIONS

  • Understand FX products offered: spot, forwards, windows, and options. Be able to communicate with the client how the pricing is calculated. Know each product's advantages and disadvantages to the client. Understand forward points - how they are calculated and what they represent.
  • Understand FX pricing conventions and which currencies are quoted American terms vs. European terms.
  • Know how to ask for quotes and which trader(s) to engage when pricing spot and forward trades.
  • Understand FX credit facilities including how to request appropriate credit limits from internal credit officers to meet clients' needs and how to calculate FX settlement and outstanding limits.
  • Learn the FX sales process, including calling prospective FX clients.
  • Be proficient on Lotus Notes. Be able to create and maintain client information, and RM information. Create call reports, exception memos and create/update itineraries.
  • Be proficient on Spectrum, including deal entry of all trade types, checking availability on FX credit lines, and creating reports of all types.
  • Be cognizant of who to contact for client/trade/payment problem resolution. Understand the role of each person in the Middle Office and FX Operations and know who to engage for each type of information needed or problem resolution.
  • Maintain current awareness of global market and economic conditions and be able to write about and discuss market conditions with clients.
  • Ultimately the individual will gain a level of Foreign Exchange sales expertise that can be leveraged in other areas of FX.
REQUIRED QUALIFICATIONS
  • Bachelor's degree
  • Have excellent written and oral communication, interpersonal, and organizational skills
  • Embrace a client-focused work ethic
  • Have desire to work in a team environment
  • Be self-motivated and results-oriented


FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

38038BR

Not Ready to Apply?

Joining our Talent Network will enhance your job search and application process. Whether you choose to apply or just leave your information, we look forward to staying connected with you.

At Key, we’re committed to diversity and inclusion in all we do. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by email.