Managing Director of Foreign Exchange

Managing Director Of Foreign Exchange Trading

This position is primarily responsible for risk management and foreign exchange trading for the Bank and its customers. The incumbent will manage the Bank's foreign exchange trading desk. He/she will also be responsible for developing and retaining comprehensive relationships while meeting the risk profile, fee income and profitability profiles of the department and the Bank. He/she will build deeper client relationships through the sale of foreign exchange products and risk management solutions.

Primary responsibilities include managing the risk associated with client and Bank foreign exchange exposures, while increasing fee income through greater market liquidity and transaction execution. The role also involves enhancing the Bank's ability to service clients with risk management expertise, increasing client acquisition and retention by demonstrating FNB's expertise, knowledge, and execution ability.

The position requires working with the Bank and Bank's clients to understand and develop appropriate hedging strategies for both clients and Bank own portfolios. It also involves increasing product offering to grow fee income, working with counterparties to establish ISDA, FX Agreement and Dodd-Frank documentation when required, and developing relationship strategies with CFOs, Controllers and Treasury and Finance Managers.

Additionally, the role includes identifying research-driven trading ideas and market opportunities to drive business, liaising and interacting with institutional FX traders, correspondent banks and liquidity providers to facilitate transactions and provide competitive pricing for clients, and working with Finance, Back Office and FX platform vendor to address any post-trade/system issues.

The Managing Director will provide the sales team and administrative support staff with guidance and advice on foreign exchange transactions and market dynamics, train and educate junior members to develop skills in all aspects of foreign exchange trading, and retain and grow the profitability of assigned portfolio.

The role also involves participating in line of business training and meetings, performing other related duties and projects as assigned, and ensuring compliance with regulatory laws and company procedures.

Minimum level of education required is a BA or BS, with 15 years of job-related experience. Skills required include excellent communication, customer service, organizational, analytical and interpersonal skills, project management skills, detail-oriented approach, ability to use a personal computer and job-related software, excellent management skills, and expert experience in all MS Office products.

Experience with FX systems (Thompson Reuters, Bloomberg, 360T, FX All, etc.) is highly required.

Equal Employment Opportunity (EEO): It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.