Foreign Exchange Analyst
Not Disclosed•Full-TimeOn-site
location_on99, North Main Street, Lauderdale Courts, Memphis, Shelby County, West Tennessee, Tennessee, 38103, United States
About Us
First Horizon Corporation is a leading regional financial services company dedicated to helping clients, communities, and associates unlock their full potential through capital and counsel. Headquartered in Memphis, TN, our banking subsidiary, First Horizon Bank, operates across 12 states in the southern U.S. We offer a comprehensive suite of services including commercial and private banking, wealth management, retail brokerage, capital markets, and mortgage banking. Recognized as one of the nation's best employers by Fortune and Forbes, and named a Top 10 Most Reputable U.S. Bank, we pride ourselves on a culture of integrity and excellence.
About the Role
The Foreign Exchange Analyst plays a vital role in supporting our clients and ensuring the precision of our trading operations. In this position, you will serve as a key partner to foreign exchange clients, managing their currency accounts and handling the end-to-end lifecycle of trades, from pricing and clearing to settlement and reporting. Your work ensures that our clients' financial activities are executed accurately and that our internal ledgers remain balanced.
You will be the point of contact for clients with foreign currency accounts, assisting with special handling needs and communicating complex transaction details clearly. The role requires a proactive approach to monitoring trading activity, investigating reconciliation outages with internal partners, and maintaining the integrity of nostro accounts. As a member of our team, you will collaborate closely with liquidity providers to ensure appropriate cover is in place and assist with regulatory reporting requirements.
Hiring Process
Candidates selected for an interview will be contacted directly by our recruiting team to schedule a conversation regarding their background and interest in the role. Successful candidates will proceed through a series of interviews designed to assess technical knowledge, cultural fit, and problem-solving abilities.
Equal Opportunity Employer
First Horizon Corporation is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Work location
Work model: On-site
99, North Main Street, Lauderdale Courts, Memphis, Shelby County, West Tennessee, Tennessee, 38103, United States
Memphis, Tennessee
Key Responsibilities
- check_circleAssist with revaluations of Foreign Exchange forward contracts
- check_circleWork with internal partners to investigate reconciliation outages
- check_circlePrice and settle trades through the FX system and send trade confirmations
- check_circleCommunicate with customers regarding foreign currency accounts and special handling needs
- check_circleMonitor activity in the bank's foreign currency nostro accounts
- check_circleCollaborate with liquidity providers to ensure appropriate account coverage
Requirements
- verifiedBanking or financial services experience
- verifiedKnowledge of accounting principles and foreign exchange risk
- verifiedProficiency in Microsoft Word and Excel
- verifiedBachelor's degree; preferred Business focus
- verifiedCompleted college level coursework in International Finance
Nice to Have
Bachelor's degree with a Business focus. Completed college level coursework in International Finance. Experience in a fast-paced work environment that requires detailed communication and interaction with internal and external clients.
Benefits & Perks
check_circleMedical, dental, and vision insurance with wellness incentivescheck_circleHealth Savings Account (HSA) with company matchcheck_circleMaternity and parental leavecheck_circleTuition reimbursementMentor program
Similar Job Opportunities
Skills, education and keywords
Skills: Microsoft Word, Excel, Accounting Principles, Foreign Exchange Risk, International Finance, Foreign Exchange Forward Contracts, Nostro Accounts, FX System.
Education: Bachelor's degree preferred with Business focus.
Frequently asked questions about Foreign Exchange Analyst at First Horizon Bank
What does a Foreign Exchange Analyst at First Horizon Bank do?expand_more
Day-to-day, the Foreign Exchange Analyst at First Horizon Bank will assist with revaluations of foreign exchange forward contracts; work with internal partners to investigate reconciliation outages; price and settle trades through the fx system and send trade confirmations; and communicate with customers regarding foreign currency accounts and special handling needs.
What are the requirements for this Foreign Exchange Analyst role?expand_more
First Horizon Bank is looking for candidates who meet the following requirements: Banking or financial services experience; Knowledge of accounting principles and foreign exchange risk; Proficiency in Microsoft Word and Excel; Bachelor's degree; preferred Business focus; and Completed college level coursework in International Finance.
Where is the Foreign Exchange Analyst role at First Horizon Bank located?expand_more
Foreign Exchange Analyst at First Horizon Bank is based in 99, North Main Street, Lauderdale Courts, Memphis, Shelby County, West Tennessee, Tennessee, 38103, United States. This is a on-site role.
Is this Foreign Exchange Analyst job remote, hybrid, or on-site?expand_more
First Horizon Bank has listed this Foreign Exchange Analyst role as on-site.
How much experience is required for this Foreign Exchange Analyst role?expand_more
Candidates for Foreign Exchange Analyst at First Horizon Bank should have mid level.
What skills do you need for the Foreign Exchange Analyst role at First Horizon Bank?expand_more
Key skills for Foreign Exchange Analyst at First Horizon Bank include Microsoft Word; Excel; Accounting Principles; Foreign Exchange Risk; International Finance; Foreign Exchange Forward Contracts; Nostro Accounts; and FX System.
What education is required for Foreign Exchange Analyst at First Horizon Bank?expand_more
Educational requirements for this role: Bachelor's degree preferred with Business focus.
What category does the Foreign Exchange Analyst role belong to?expand_more
Foreign Exchange Analyst at First Horizon Bank is part of the accounting & finance job category on Recrutus.