Foreign Exchange Associate VP

Company: Disability Solutions
Location: Chicago
Posted on: November 8, 2024

Job Description:

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.Under limited supervision, manage an FX portfolio generating over $1M annually, continually seeking to upgrade client quality, expand wallet share, and replace an 8% attrition rate. Sales strategies should align with personal strengths, and mentoring of junior team members is expected. Contribute to growth strategies and represent the product line internally and externally.Master FX products (spot, forwards, swaps, options, NDFs, NDOs), and ensure spread optimization and shareholder value. Lead by example with strong communication, professionalism, and adherence to FX and credit policies, compliance, and regulatory requirements. Consistently execute the sales process and reinforce it with the team.This person will also:

• Build and grow a portfolio, exceeding $1M in annual revenue. Manage the full sales cycle in a consultative manner with clients and prospects.
• Master hedging products and concepts, apply risk mitigation, and ensure compliance. Focus on spread maximization and client retention.
• Coach and mentor junior associates, ensuring accuracy and fostering a positive, team-oriented environment. Assist in creating client presentations, teach products and procedures, and proof market updates.
• Know all systems, ensure proper rates and spreads, improve processes, and ensure regulatory compliance.
• Travel domestically 30-50% of the time to clients and conferences.Review the qualifications listed below:Education
  • Bachelor's Degree or equivalent combination of education and experience in Business, Finance, or Accounting. RequiredExperience
    • 7-10 years FX producer in all areas of the FX sales environment, from sales pipeline to revenue generation. Knowledge of compliance and regulatory requirements and bank policy will be understood and applied. RequiredLicenses and Certifications
      • 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.

Keywords: Disability Solutions, Waukegan , Foreign Exchange Associate VP, Executive , Chicago, Illinois