Foreign Currency Operations Specialist

7 days ago


Toronto, Ontario, Canada Exchange Bank of Canada Full time

At Exchange Bank of Canada, we are seeking a highly skilled Foreign Currency Operations Specialist to join our team. With a strong attention to detail and excellent organizational skills, this individual will play a vital role in maintaining our inventory and ensuring seamless operations.

Role Purpose

The successful candidate will be responsible for internally servicing customers by performing record center tasks, including retrievals, incoming, destructions, internal moves, permanent withdrawals, and special projects. This role requires strong communication and collaboration skills to ensure accurate and timely completion of tasks.

Essential Functions
  • CAD Dollar Inventory: Prepare CAD dollar packages for courier, verify courier re-deposits, adjust CAD dollar inventory accordingly, and verify CAD cash receiving from clients.
  • Daily balancing of CAD cash.
  • Foreign Currency Inventory: Verify incoming foreign currencies, consolidate foreign currencies to sell to wholesale traders and/or replenish inventory, ship foreign currencies via FedEx to clients, ship foreign currencies via Armored Couriers, and ensure outgoing shipments are accurate.
  • Daily inventory balancing of all major foreign currencies, and bi-weekly for all minor foreign currencies.
  • Record armored shipments for reporting.
  • Maintain accurate counts of all foreign banknotes in inventory.
  • Contract all obsolete banknotes.
Procedures

The successful candidate must comply with all Company policies and procedures as found in the Vault Manual and other Company Operations Manual. They must also adhere to all security procedures in place, including ensuring that entrance doors are always closed at all times and only allowing individuals who have been granted clearance to enter the Vault.

Compliance

The Foreign Currency Operations Specialist plays a critical role in ensuring that all orders and wholesale transactions adhere to all regulatory guidelines and company policies and procedures. Strong knowledge of financial regulations and compliance is essential for this role.

Competencies
  • Communication Proficiency
  • Discretion
  • Financial Management
  • Organizational Skills
  • Performance Management
  • Technical Capacity
  • Time Management
Salary and Benefits

We offer an estimated annual salary of $80,000 to $100,000 based on experience. In addition to a competitive salary, we provide a range of benefits, including:

  • Commuter Reimbursement - EBC will pay the toll, bus or metro cost in and out of work
  • Holiday Pay - Paid day off for 11 designated holidays throughout the year
  • Paid Vacation Time Off
  • Paid Sick/Personal Time Off
  • Health/Dental/Vision Basic Life, AD/D, and Short/Long-Term Disability
  • RRSP - Company matches up to 5%
Requirements

The ideal candidate will hold or be obtaining a related degree and have 1 year of related experience. This is a full-time position, with days of work being Monday through Friday. Evening hours and occasional weekend work may be necessary.



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