Company Description Bank of Utah is a community-focused financial institution offering personal and business banking, home lending, wealth management, and corporate trust services. The bank serves a diverse range of individual and corporate clients. The organization emphasizes responsible lending practices as an Equal Housing Lender and is a Member FDIC, providing stability and security for customers. Bank of Utah values professional, compliant communication and encourages clients to work directly with local representatives for account-related support. The bank maintains a collaborative culture where service, integrity, and long-term relationships are central to its mission.
Role Description The Foreign Exchange Dealer is a full-time role based in Salt Lake City, UT, in a hybrid work arrangement that combines in-office responsibilities with some work from home flexibility. This role is responsible for executing foreign exchange trades, monitoring currency markets, and providing timely quotes and market information to clients and internal stakeholders. The Foreign Exchange Dealer will Create business by directly selling foreign exchange services to corporate clients advising on FX risk management strategies, hedging solutions, and cross-border transaction needs.
Daily tasks include managing trade bookings, confirming settlements, ensuring compliance with internal policies and regulatory requirements, and maintaining accurate records of FX positions. The role also involves communicating market insights, responding to client inquiries, and contributing to product enhancements and process improvements in the FX business.
Qualifications
- Candidates should possess skills in Trading and Currency, including executing FX transactions, monitoring market movements, and understanding exchange rate dynamics.
- Candidates should possess skills in Finance, such as knowledge of financial markets, risk management principles, and basic accounting or treasury concepts.
- Candidates should possess skills in Business Relationship Management, with the ability to build and maintain professional relationships with corporate and individual clients.
- Candidates should possess strong Communication skills, including clear verbal and written communication and the ability to explain complex FX concepts in accessible terms.
- Bachelor’s degree in finance, economics, business, or a related field, or equivalent professional experience.
- Prior experience in foreign exchange, capital markets, or commercial banking is required.
- Strong analytical and quantitative abilities, attention to detail, and proficiency with trading or treasury systems and Excel.
- Demonstrated commitment to ethical conduct, regulatory compliance, and teamwork in a fast-paced environment.