Full-Time

Foreign Exchange Associate VP

Updated on 11/20/2024

Associated Bank

Associated Bank

1,001-5,000 employees

Fintech
Financial Services

Mid, Senior

Remote in USA + 1 more

More locations: Chicago, IL, USA

Chicago office at 525 Monroe; remote options available in Texas, Illinois, Wisconsin, and Minnesota.

Category
Sales & Trading
Finance & Banking
Required Skills
Sales
Requirements
  • Bachelor's degree in Business, Finance, Accounting, or related field or equivalent related experience. Required
  • 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. Required
  • Must have access to reliable transportation and the ability to lawfully drive self, if applicable. by start date Required
Responsibilities
  • 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.
  • Travel 30-50% of the time.

Company Stage

IPO

Total Funding

N/A

Headquarters

Green Bay, Wisconsin

Founded

N/A

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $1.21 million investment by Algert Global LLC indicates confidence in Associated Bank's growth potential.
  • Promotions within the company, such as Charity Olson to Director of Trust Services, suggest opportunities for career advancement and internal growth.
  • Associated Bank's participation in major investor events reflects its proactive engagement with the financial community and potential for strategic partnerships.

What critics are saying

  • The retirement of key personnel like Tammy C. Stadler could lead to transitional challenges and affect operational continuity.
  • The competitive banking landscape in the Midwest may pressure Associated Bank to continuously innovate to maintain its market position.

What makes Associated Bank unique

  • Associated Bank's launch of a new deposit vertical highlights its commitment to innovation and expanding its financial product offerings.
  • Recognition as one of the Best of Madison 2024 winners underscores its strong regional presence and customer satisfaction.
  • The bank's strategic focus on specialty deposit and payment solutions positions it uniquely in the market compared to traditional banking services.

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