Foreign Exchange Associate VP - Chicago Illinois

Company: Disability Solutions
Location: Chicago, Illinois
Posted On: 01/23/2025

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.We invite you to view the opportunity below.The Foreign Exchange Associate VP, under moderate supervision, is responsible for managing a $500,000+ annual FX portfolio and executing key tasks in FX trading, sales, and client retention. The role involves developing expertise in spot and forward FX hedging, pricing, and regulatory requirements, with a foundational understanding of FX options. The associate is expected to manage the sales pipeline, engage with prospects, retain clients, and contribute to fee generation and business growth.This person will also:

• Grow and optimize FX business and fee income.
• Price clients for spot, cross-currency, FX swaps, and forward products, with limited oversight.
• Understand FX documentation and regulatory requirements for trade booking.
• Monitor FX market trends and advise clients on key market drivers.
• Enhance processes, recommend improvements, and minimize expenses
• Leverage internal resources for continuous skill development and networking.Education:
  • Bachelor's degree in Business, Finance, Accounting, or related field or equivalent related experience. RequiredExperience:
    • 4-7 years Solid foundation of and experience in FX trading/sales required. Proven ability to manage a sales cycle, including sourcing qualified prospects and closing business. Understanding of hedging concepts and market best practices. Knowledge of products and markets, e.g. payment vehicles in international trade, Export-Import Bank of the U.S., and foreign exchange products. Knowledge of countries' economic and currency situations. RequiredAdditional Requirements:
      • Must have access to reliable transportation and the ability to lawfully drive self, if applicable. by start date. RequiredIn addition to core traditional benefits, we take pride in offering benefits for every stage of life.
        • Retirement savings including both 401(k) and Pension plans.
        • Paid time off to volunteer in your community.
        • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
        • Competitive salaries with professional development and advancement opportunities.
        • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
        • Personal banking, loan, investment and insurance benefits.Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.Compliance StatementAssociated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.Associated Bank is Pay Transparency compliant.The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.$86,100.00 - $147,600.00 More...

              

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