Foreign Exchange Trader I

Company: Wintrust Financial Corporation
Location: Chicago
Posted on: May 18, 2025

Job Description:

Foreign Exchange Trader I page is loadedForeign Exchange Trader IApply locations Chicago, IL time type Full time posted on Posted 2 Days Ago job requisition id 25979Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol "WTFC."Wintrust was founded with the idea to be the alternative to the big banks. We are looking for top talent to join Chicago's Bank, as an FX TraderWhy join us?

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 years) and Employee Recommended award by the Globe & Mail (past 6 years)
• Competitive pay and annual discretionary bonus eligible
• Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
• Family-friendly work hours
• With 175+ community bank locations, we offer opportunities to grow and develop in your career
• Promote from within culturePosition Overview:The incumbent is responsible for learning and execution of FX Trading desk workflow and policy to assist in day to day processing of FX transactions under the direction of the VP, FX Trading. Duties will include processing client and bank transactions, reporting, assisting with customer needs on the execution side of things and participation in other initiatives to assist in the growth of the department.What you'll do:
  • FX Desk Coverage: Responsible for aiding VP FX Trading in managing day to day flow from trading desk perspective including pricing transactions from manual channels, incoming wires, forwards, swaps and more. Includes keeping clients up to date via commentaries and conversations on current market conditions. Acts in a mindful manner and in the best interests of the bank from a risk and revenue perspective to help maximize P/L on bank FX opportunities. Expected to grow mastery of FX concepts and workflows over time.
  • Departmental Reporting: Responsible for running and upkeep of various system reports to support daily workflow, management visibility, regulatory requirements and more. Also includes improvement of reporting tools used by the department.
  • US Dollar Flow conversion/sales support: Work with FX sales team to highlight opportunities to convert customers sending international USD wires to sending FX. Includes ongoing analysis of current flows and preparation of reporting for opportunities based on banker, currency, etc. May also entail writing market commentaries.
  • Special Projects: Work on additional projects at the direction of ISG management to help expand ISG product capabilities and improve processes/best practices.Qualifications:
    • Bachelor's degree or equivalent
    • 1-5 years financial payments background
    • Experience in commercial banking with international products preferred
    • Experience with foreign exchange concepts and products and/or international payments preferred
    • Customer service experience with bank and corporate client bases
    • Ability to work independently, while establishing strong working relationships with other areas of the Bank
    • Comfortability with online payment portals
    • Ability to gain and apply knowledge of information systems
    • Strong organization skills with high attention to detail
    • Strong verbal and written communication skills are required
    • Ability to handle sensitive customer information and issues with tact and discretion
    • Background/interest in global financial markets, economicsBenefits:Medical Insurance --- Dental --- Vision --- Life insurance --- Accidental death and dismemberment --- Short-term and long-term Disability Insurance --- Parental Leave --- Employee Assistance Program (EAP) --- Traditional and Roth 401(k) with company match --- Flexible Spending Account (FSA) --- Employee Stock Purchase Plan at 5% discount --- Critical Illness Insurance --- Accident Insurance --- Transportation and Commuting Benefits --- Banking Benefits --- Pet InsuranceCompensation:The estimated salary range for this role is $59,000 - $79,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills, and experience.#LI-ONSITEFrom our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.About UsWintrust provides community and commercial banking, specialty finance and wealth management services, delivering the sophisticated solutions of a large bank through a relationship-focused approach built from our community banking roots.Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here
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Keywords: Wintrust Financial Corporation, Glenview , Foreign Exchange Trader I, Accounting, Auditing , Chicago, Illinois