1

Foreign Exchange Manager Jobs in Springfield, NJ

Portfolio Manager

New York, NY · On-site

$200K - $225K/yr

Portfolio Manager - New York Company: Pharo Management is a leading global macro hedge fund with a ... Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates ...

Analyst, Treasury

New York, NY · On-site

$80K - $110K/yr

Partner with global stakeholders to support funding activities, foreign exchange management, banking services, and payment execution * Support the negotiation, execution, and administration of short ...

next page

Showing results 1-20

Foreign Exchange Manager information

How does a Foreign Exchange Manager typically collaborate with other departments within a financial institution?

A Foreign Exchange Manager regularly works with departments such as treasury, risk management, and corporate banking to ensure effective currency risk mitigation and optimal foreign currency transactions. They coordinate with relationship managers to understand clients’ needs, work closely with traders to execute transactions, and partner with compliance teams to adhere to regulatory requirements. This cross-departmental collaboration helps streamline processes and ensures that both client and organizational objectives are met efficiently.

What are the key skills and qualifications needed to thrive as a Foreign Exchange Manager, and why are they important?

To thrive as a Foreign Exchange Manager, you need a strong understanding of global financial markets, currency trends, and economic indicators, typically supported by a degree in finance or economics. Familiarity with trading platforms, risk management systems, and certifications such as ACI Dealing Certificate are commonly required. Analytical thinking, attention to detail, and effective communication are vital soft skills for negotiating deals and managing client relationships. These skills ensure effective risk mitigation, informed decision-making, and successful currency management in a fast-moving market.

What is the difference between Foreign Exchange Manager vs Currency Analyst?

AspectForeign Exchange ManagerCurrency Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like CFA are commonBachelor's or master's in finance, economics, or related; CFA often preferred
Work EnvironmentFinancial institutions, corporate treasury departments, banksFinancial research firms, banks, investment companies
Employer & Industry UsageUsed in banking, corporate finance, and treasury managementUsed in market analysis, investment research, and trading

While both roles involve currency and foreign exchange, the Foreign Exchange Manager primarily oversees currency risk management and trading operations within organizations, whereas the Currency Analyst focuses on analyzing currency market trends and providing forecasts. The roles often overlap in skills and industry settings, but their core responsibilities differ in strategic management versus market analysis.

What does a Foreign Exchange Manager do?

A Foreign Exchange Manager is responsible for overseeing and managing a company's currency exchange operations and strategies. They monitor currency markets, analyze trends, and execute foreign exchange transactions to minimize risks and optimize profits. Their role also includes developing hedging strategies, ensuring compliance with regulations, and maintaining relationships with banks and financial institutions. Foreign Exchange Managers play a key role in helping organizations manage exposure to global currency fluctuations.

Bilingual Japanese, Foreign Exchange Desk Associate

BizTek People, Inc. | APA International Placement Consultants

Hoboken, NJ • On-site

$15.75 - $19.75/hr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 17 days ago


Job description


One of the leading financial institutions is seeking a Bilingual Japanese Foreign Exchange Desk Associate who will be responsible for supporting analytical and administrative functions to support the team and the management.
Responsibilities:
Prepare dealing tickets for foreign exchange transactions
Process daily reporting to foreign exchange to the clients
Maintains the FX system setting and the accounting profiles
Liaise between parent bank and affiliates
Analyzes securities transactions, including corporate actions, of our custodial customers applicable for foreign exchange transactions and creates new workflows.
Assist the managers in planning and marketing process
Maintain policy and procedures up to dated
Promote new products to meet clients' needs
Prepare for marketing materials and manage the promotional data
Conducts regulatory compliance practices
Cover the managers' responsibilities during his/her absence
Perform other related tasks as requested
Requirements
  • ilingual Japanese/English
  • Bachelor's degrees
  • 2 years work experience in financial industry
  • Excellent MS Word, Excel, PowerPoint skills
  • MS Access preferred
  • Excellent communication skills
  • Great team-work
  • Attention to details

Benefits
A great benefit package
(Medical/Dental/Vision insurance, 401K matching, e.t.c..)
Skill Set
Japanese, Excel, Access