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This is a IBO Foreign Exchange Specialist position located in the New Orleans, MS area. 

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Job Summary: Foreign Exchange Specialist 1's are responsible for processing foreign checks (Cash Letter and Check Collection), incoming and outgoing foreign currency wires, and foreign currency drafts and foreign currency banknote exchanges. Foreign Exchange Specialist 1's also handle foreign exchange wire investigations, manage the bank's foreign currency account balances (Nostro Accounts) and reconcile the bank's Nostro Accounts and Wire Clearing GL.

Responsibilities: Review electronic Cash Letters sent to Canadian Correspondent, and process necessary entries to clients' accounts, adjusting Canadian Dollars paid as USD. Place holds on clients' accounts, when necessary. Process outgoing check collections and payments received. Input foreign currency wires into the wire system, ensuring correct rates applied. Release foreign currency wires, after detailed review, ensuring correct rates applied. Promptly notify clients of credits for incoming wires, or debits for outgoing wires or returned checks. Place online orders of foreign drafts and currencies. Handle Returned Items (foreign checks) - charge back to client's accounts, with email notification to client and/or banker. Provide Rate quotes to bankers and clients on FX Wires and Forward Contracts. Discuss Foreign Exchange with clients and bankers. Respond to FX Wire Investigations. Run End of Day process, ensuring that all wires accounted for. Prepare reports (Statistics, Revenue, Call reports, Nostro Account balance, Wire Suspense). May be called upon to fill in for other areas of International Banking operations and complete special projects as assigned.

SUPERVISORY RESPONSIBILITIES: None

Qualifications: Bachelor's Degree preferably in Business, Finance or Accounting. 1-2 years of relevant experience required. An equivalent combination of training, education and experience may be considered. Financial/Accounting/Banking experience preferred. Excellent verbal and written communication skills - must be able to discuss advantages of utilizing the bank's Foreign Exchange services, including Forward Contracts, and must be able to craft written communications that accurately and clearly describe the bank's Foreign Wire process and Foreign Exchange risks and advantages. Knowledge and understanding of pertinent Federal and International Government regulations, including OFAC and BSA/AML.

Mental and Physical Requirements: Ability to work under stress and meet deadlines. Ability to operate related equipment to perform the essential job functions. Ability to read and interpret a document if required to perform the essential job functions. Ability to lift/move/carry approximately 10 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.