Entry-Level Operations Intermediate Specialist * FX Settlements

Are you a recent finance graduate looking to join one of the top companies within the Investment Banking Industry?

Are you looking to start your professional career and grow at an Entry-Level opportunity?

Do you have experience in MS Office, including MS Word, MS Excel, and MS Access?

If you answered yes to those three questions, then apply today!

Acara Solutions is seeking highly qualified candidates to work in a Hybrid with our client in Jersey City, NJ. Interested?

Here's what you'd do:

• The Operations Intermediate Specialist-FX Trade Initiation assists the Foreign Exchange RMs in processing trades and ensuring trader positions are accurately updated.
• Support various eCommerce initiatives.
• Act as the focal point person between the FX NY, Tokyo & London RM's and the various post-execution units, including Confirmations, Settlements, and Investigations.
• Responsibilities include trade entry, compensation, and position checks.
• Work closely with eCommerce, Marketing, and Data Security teams to set up new clients/users for trading on eCommerce platforms.
• Respond to internal and external client service requests concerning FX reconciliation, discrepancies, and investigations.
• Monitor any technical issues with FX systems and the portal and work with the Systems Support team to resolve them quickly.
• Participate in process improvements within the FX Trade Initiation Unit and see improvements through to completion.
• Monitor and liaise with the Emerging Market currency process with the SI team.
• Provide scheduled and ad hoc reporting to FX Trading and InServ as necessary on open trades, client volumes, and passive hedge trades.
• Call clients and CSG to reconfirm details on Fax orders.
• Process and monitor daily trading activity with various Prime Brokers and Liquidity Providers for the Agency Prime Brokerage business.
• Prepare and confirm net settlement files with Prime Brokers and monitor various websites for CLS settlement with the client's custodians.

Here's what you'll get:

Sound like a good fit?

APPLY TODAY

About Acara Solutions

Acara is a premier recruiting and workforce solutions provider-we help companies compete for talent. With a legacy of experience in various industries worldwide, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

• Bachelor's Degree (BS/BA) in Finance or Accounting.
• Minimum 6 months of experience in MS Office, including MS Word, MS Excel, and MS Access.

• Minimum 6 months of experience in FX Operations, Derivatives, or related Financial Services
• Ability to multitask and prioritize volume
• Ability to work independently as well as in a team environment.
• Proactive approach to daily work and ability to handle multiple responsibilities
• Ability to communicate professionally with others
• Good client service skills
• Good attention to detail
• Client Core Systems.

Additional Information:

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.