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Foreign Associate Jobs in Louisiana (NOW HIRING)

Hancock Whitney Bank

Associate degree in Business, Finance, or Accounting preferred. * 2 years of relevant experience in foreign exchange or international banking. * Knowledge of foreign exchange systems and processes is ...

NC SECU

Associate Member Services Officer

Monroe, LA · On-site

Associate MSOs perform routine branch duties and follow standard branch procedures. They are ... Process foreign and domestic wire transfers. Help order and return foreign currency. Troubleshoot ...

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Foreign Associate information

What is a foreign associate?

Foreign Associates are legal professionals, often qualified attorneys from outside the host country, who work at law firms to provide expertise on international law, cross-border transactions, or legal matters pertaining to their home jurisdiction. They typically assist with global cases, offer insights into their native legal system, and help bridge cultural and regulatory gaps. Foreign Associates often collaborate with local lawyers to serve clients with international interests and may work toward qualifying to practice law in the host country.

How does a foreign associate typically collaborate with international legal teams and clients?

Foreign Associates frequently work alongside both local and international attorneys, bridging legal systems and cultural expectations. They often assist in cross-border transactions, draft legal documents in accordance with local requirements, and help communicate complex legal concepts to clients from different jurisdictions. Effective collaboration involves regular meetings, clear communication, and adaptability to diverse work styles. This role offers the opportunity to build strong professional networks and gain exposure to global legal practices.

What are the key skills and qualifications needed to thrive as a foreign associate, and why are they important?

To thrive as a Foreign Associate, you generally need a strong legal background, fluency in relevant languages, and a law degree from your home jurisdiction. Familiarity with international legal databases, document management systems, and possible admission or certification in the host country is often required. Excellent communication, cross-cultural adaptability, and attention to detail are crucial soft skills for building client relationships and navigating diverse legal systems. These skills ensure effective collaboration across jurisdictions and successful handling of complex cross-border legal matters.

What is the difference between Foreign Associate vs Legal Associate?

AspectForeign AssociateLegal Associate
Required CredentialsLaw degree, bar admission in home country, possibly foreign legal certificationsLaw degree, bar admission in the jurisdiction of employment
Work EnvironmentLaw firms, corporate legal departments, often in international or cross-border casesLaw firms, corporate legal departments, handling domestic legal matters
Employer & Industry UsageGlobal law firms, multinational corporations, legal consulting firmsLocal law firms, corporate legal teams, government agencies

The main difference between a Foreign Associate and a Legal Associate lies in their work focus and credentials. Foreign Associates typically have legal qualifications from their home country and work on international or cross-border legal matters, often in global law firms. Legal Associates usually hold local legal credentials and handle domestic legal issues within their jurisdiction. Both roles are essential in the legal industry but differ mainly in their scope of work and geographic focus.

What are popular job titles related to Foreign Associate jobs in Louisiana?

For Foreign Associate jobs in Louisiana, the most frequently searched job titles are:

What job categories do people searching Foreign Associate jobs in Louisiana look for?

The top searched job categories for Foreign Associate jobs in Louisiana are:

What cities in Louisiana are hiring for Foreign Associate jobs?

Cities in Louisiana with the most Foreign Associate job openings:

Foreign Associate jobs near you

IBO Foreign Exchange Specialist

New Orleans, LA • On-site

Hancock Whitney Corp.
Commercial Banking • 1 - 5K employees

7.7

Company rating: 7.7 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

94th of 173 rated banks

Good employer

Recommended by parents

Respectful managers

Learn more about Hancock Whitney Corp.external

Full-time

Posted 11 days ago

Job description

Thank you for your interest in our company! To apply, click on the button above. You will be required to create an account (or sign in with an existing account). Your account will provide you access to your application information. The email address used in establishing your account will be used to correspond with you throughout the application process. Please be sure and check the spam folder. You may review, modify, or update your information by visiting and logging into your account.
The Foreign Exchange Specialist 1 is responsible for the accurate and efficient processing of foreign exchange transactions, including foreign checks, currency wires, and banknote exchanges. This role supports the bank's foreign exchange operations by handling investigations, managing account balances, reconciling suspense accounts, and providing excellent service to bankers and clients. The Specialist also contributes to maintaining compliance with regulatory requirements and may assist with special projects or other areas of International Banking operations as needed.
ESSENTIAL DUTIES & RESPONSIBILITIES:
  • Process foreign checks through Cash Letter and Check Collection.
  • Book, instruct, and release foreign currency wires in the FX wire system, including handling investigations and processing returns.
  • Prepare cash letters and process outgoing check collections and payments received.
  • Provide rate quotes for foreign exchange wires and forward contracts to bankers and clients.
  • Place online orders for foreign currency funding and banknotes for downstream banks.
  • Monitor and manage the bank's foreign currency account balances.
  • Reconcile the department's suspense general ledgers (GLs) to ensure accuracy and compliance.
  • Ensure adherence to regulatory requirements, including OFAC, BSA/AML, and internal policies.
  • Respond to inquiries from bankers and clients, offering guidance on foreign exchange transactions.
  • Communicate effectively to explain complex foreign exchange products, including forward contracts.
  • Support other areas of International Banking Operations as needed.
  • Participate in special projects and contribute to process improvement initiatives.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:
  • Associate degree in Business, Finance, or Accounting preferred.
  • 2 years of relevant experience in foreign exchange or international banking.
  • Knowledge of foreign exchange systems and processes is an asset.
  • Strong understanding of foreign exchange products, including wires and forward contracts.
  • Knowledge of regulatory requirements such as OFAC and BSA/AML.
  • Excellent verbal and written communication skills.
  • Proficiency in reconciliation and managing financial accounts.

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:
  • Ability to work under stress and meet deadlines
  • Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.

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