Full-Time

Foreign Exchange Associate VP

Posted on 1/17/2025

Associated Bank

Associated Bank

1,001-5,000 employees

Fintech
Financial Services

Compensation Overview

$86.1k - $147.6kAnnually

Mid, Senior

Chicago, IL, USA

Category
Risk Management
Sales & Trading
Finance & Banking
Required Skills
Sales
Requirements
  • Bachelor's degree in Business, Finance, Accounting, or related field or equivalent related experience
  • 4-7 years Solid foundation of and experience in FX trading/sales required
  • Proven ability to manage a sales cycle, including sourcing qualified prospects and closing business
  • Understanding of hedging concepts and market best practices
  • Knowledge of products and markets, e.g. payment vehicles in international trade, Export-Import Bank of the U.S., and foreign exchange products
  • Knowledge of countries' economic and currency situations
  • Must have access to reliable transportation and the ability to lawfully drive self, if applicable.
Responsibilities
  • Manage a $500,000+ annual FX portfolio
  • Execute key tasks in FX trading, sales, and client retention
  • Grow and optimize FX business and fee income
  • Price clients for spot, cross-currency, FX swaps, and forward products, with limited oversight
  • Understand FX documentation and regulatory requirements for trade booking
  • Monitor FX market trends and advise clients on key market drivers
  • Enhance processes, recommend improvements, and minimize expenses
  • Leverage internal resources for continuous skill development and networking.

Company Stage

IPO

Total Funding

N/A

Headquarters

Green Bay, Wisconsin

Founded

1861

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent balance sheet repositioning supports organic growth and improves profitability.
  • Decreased prime rate may attract more borrowers, increasing loan origination.
  • Expansion in commercial banking with new relationship managers enhances growth potential.

What critics are saying

  • Increased competition in Midwest banking sector may pressure market share.
  • Decreased prime rate could reduce interest income if not offset by loan volume.
  • New executive appointments may lead to strategic misalignments during transition.

What makes Associated Bank unique

  • Largest bank holding company based in Wisconsin with $42 billion in assets.
  • Focus on organic growth strategy, enhancing earnings and boosting capital.
  • Strong presence in Midwest with nearly 200 banking locations.

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Benefits

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Professional Development Budget

Wellness Program

Employee Stock Purchase Plan

INACTIVE