Associate, Foreign Exchange Trade Support

Discover Financial
Charlotte, Plano, Richmond
Workplace: RemoteFull timeUSD 66,700 - 76,100 annuallyFunction: Product ManagementExperience: 1+ yearsEducation: high_schoolSkills: ["Client service","Attention to detail","Stakeholder liaison","Process improvement"]

Support the full lifecycle of foreign exchange (FX) derivatives, including trade capture, confirmation, booking, and discrepancy resolution. Liaise with settlement and front office teams to ensure accurate cash flows, payments, documentation, and affirmed trades. Assist with daily marks tie-outs, Flash P&L reporting, end-of-day processing, and regulatory-related reporting (including Swap Dealer requirements). Participate in testing for system enhancements and help scale the FX derivatives business.

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FursaFursa
Discover Financial
Discover Financial
2 weeks ago

Associate, Foreign Exchange Trade Support

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Last checked: 3 hours agoStatus: Live

Job Summary

Support the full lifecycle of foreign exchange (FX) derivatives, including trade capture, confirmation, booking, and discrepancy resolution. Liaise with settlement and front office teams to ensure accurate cash flows, payments, documentation, and affirmed trades. Assist with daily marks tie-outs, Flash P&L reporting, end-of-day processing, and regulatory-related reporting (including Swap Dealer requirements). Participate in testing for system enhancements and help scale the FX derivatives business.
Location: Charlotte, Plano, Richmond
Workplace: Remote
Employment Type: Full time
Job Function: Product Management
Seniority: Entry level

Key Responsibilities

  • •Work on FX trade confirmations and assist in resolving discrepancies.
  • •Liaise with settlement and other teams on cash flow items, payments, documentation, and transaction exceptions.
  • •Book and amend FX derivative trades in the booking system and perform daily trade booking/checkouts with front office.
  • •Tie out, analyze, obtain third-party support for daily marks, and generate/analyze daily Flash P&L reports for approval.
  • •Support regulatory reporting and activities for Swap Dealer requirements, and stay abreast of regulatory changes impacting the FX derivatives business.
Travel: Low travel

Pay and Benefits

Salary: USD 66,700 - 76,100 annually

Key Requirements

  • •High School Diploma, GED, or equivalent certification.
  • •At least 1 year of experience working in financial services.
  • •At least 1 year of experience with MS Office (Word, Excel, Outlook, PowerPoint) or Google Suite (Sheets, Docs, Slides).
  • •Bachelors’ Degree or Military experience.
  • •Experience with Foreign Exchange Products and/or Swaps and Derivatives products is preferred.
Experience:1+ yearsFinancial servicesForeign exchangeDerivativesCapital markets
Education:High School
Skills:Client serviceAttention to detailStakeholder liaisonProcess improvement
Tech Stack:MS OfficeWordExcelOutlookPowerPointGoogle SuiteSheetsDocsSlidesBloombergRefinitivSWIFTExcel (V-lookup)Excel (Pivot Tables)Excel (Macros)DTCCDodd FrankVPNChromeSpeed Test

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn