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Job Summary:
The Foreign Exchange Trader will oversee and complete foreign currency trades on foreign exchanges and in worldwide commodity markets.
Supervisory Responsibilities:
- May oversee colleagues work when tasks are related to currency exchanges.
- Assists with performance evaluations as needed.
Duties/Responsibilities:
- Oversees and maintains the organizations foreign currency market position.
- Executes foreign currency transactions for clients.
- Establishes local exchange rates for retail customers based on market fluctuations; communicates rates to and directs other staff accordingly.
- Advises international clients on foreign markets and fluctuations.
- Maintains current knowledge and close following of major commodity markets including crude oil, petroleum and natural gas products, agricultural products, and precious metals.
- Recommends products based on international currency and commodity markets.
- Performs other related duties as assigned.
Required Skills/Abilities:
- Thorough understanding of international markets.
- Excellent verbal and written communication skills.
- Ability to speak at least one foreign language highly desired.
- Ability to travel internationally to increase knowledge of current global economic situations.
- Thorough understanding of trading software and brokerages.
- Excellent organizational and management skills.
- Ability to study markets to identify patterns and indicators.
Education and Experience:
- Bachelors degree in Economics or Finance required; Masters degree preferred.
- At least five years of experience as a licensed broker trading in international markets.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Must be able to travel extensively.
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