Trade Support Analyst

FX Trade Support Analyst

Job Summary:

We are seeking an analytical and detail-oriented FX Trade Support Analyst to join our growing foreign exchange (FX) operations team. The successful candidate will be responsible for providing critical support to the FX trading desk, with a strong focus on data analysis, sales material preparation, and trade execution support. This role requires a blend of operational expertise, data management, and financial market knowledge. The ideal candidate may come from an investment bank or risk management business

Key Responsibilities:

• Trade Execution Support:
• Assist in the execution, confirmation, and settlement of FX trades, ensuring accuracy and timeliness.
• Work closely with traders, brokers, and middle office teams to monitor trade flows and address any discrepancies or errors.
• Ensure all trade details are correctly captured in the internal systems and aligned with external counterparties.
• Data Management and Analysis:
• Gather, analyze, and manage large sets of FX trade data to produce actionable insights for the trading and sales teams.
• Perform in-depth analysis of FX trades and market trends to support decision-making on strategy and execution.
• Develop and maintain dashboards and reports that track key performance indicators (KPIs), P&L, and risk metrics for the FX desk.
• Sales and Client Support:
• Prepare high-quality sales materials, pitch decks, and presentations for clients and prospects, using data-driven insights.
• Collaborate with the sales team to develop customized FX hedging solutions and recommendations based on client needs.
• Respond to client inquiries and provide detailed trade analysis, market commentary, and updates on FX positions.
• Reconciliation and Reporting:
• Reconcile FX trade data between internal systems, counterparties, and clearinghouses to ensure accuracy.
• Generate and distribute daily, weekly, and monthly reports on FX trading activity, positions, and exposure for both internal teams and external clients.
• Assist in the preparation of regulatory reports and ensure compliance with relevant FX market regulations (e.g., Dodd-Frank, EMIR).
• Risk Management:
• Support the risk management team by analyzing FX exposure, monitoring trade limits, and identifying potential risks in trading activities.
• Assist in the development and execution of hedging strategies to manage FX risk for the company and its clients.
• Process Improvement:
• Identify inefficiencies in trade support workflows and recommend improvements to streamline operations.
• Partner with IT and other departments to enhance FX trading systems and automation tools.

Qualifications:

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field.
• 2-4 years of experience in FX trade support, operations, or risk management within an investment bank or Risk management firm, or similar environments.
• Strong knowledge of FX markets, trade lifecycle, and financial instruments such as spot, forwards, swaps, and options.
• Experience with trade execution platforms (e.g., Bloomberg, 360T, FXall) and risk management systems.
• Advanced proficiency in Microsoft Excel; experience with SQL, VBA, or Python is a strong advantage.
• Excellent analytical skills and attention to detail.
• Ability to manage and manipulate large datasets for analysis and reporting.
• Strong communication skills, with the ability to translate complex data and analysis into clear, client-friendly presentations.