Foreign Exchange Administrator

deVere & Partners Holding Ltd
  • Posted Date: 04/09/2019
  • Closing Date: 09/10/2019
  • Views 244
Job Overview

deVere in Malta is looking to recruit a Foreign Exchange Administrator to join their team on a full-time basis. The ideal candidate coordinates monthly foreign exchange transactions in close coordination with foreign exchange management and providers.

The Foreign Exchange Administrator will be Responsible for: 

  • Dealing with the day-to-day generic Administrative duties – telephone as well as via email related to the designated region;
  • Update and maintain the database ensuring all relevant information is up to date;
  • Maintain correspondence with clients and foreign exchange providers dealing with any queries that may arise;
  • Ensure compliance checks are adhered to as per the Money Laundering Regulations (MLR) 2007 which includes collating full MLR documentation and formulating KYC (Know Your Client) packs for each client;
  • Liaising with clients and consultants for payment details;
  • Handling all payments on deVere FX Online platform whilst initiating payment settlements;
  • Ensure due diligence is adhered to with regards to trade contracts and other relevant documents;
  • Opening of private and corporate accounts on both the CRM (Client Relationship Management) System and the deVere FX platform;
  • Updating foreign exchange social media on a daily basis whilst keeping abreast with current news and events happening in the currency markets
  • Update weekly figures accordingly;
  • Maintain balance sheet on funds left on the account;
  • Formulate and reconcile trade sheets for future reference;
  • Prepare relevant documentation and assist on relevant queries when graduates are present;
  • Promote foreign exchange services by phone and/or email as and when requested by the management;
  • Train new recruits when required;
  • The support of other colleagues’ within the department as and when required;
  • Manage any ad-hoc projects when requested by the management.

*These duties and responsibilities may be amended from time to time at the sole discretion of the Employer, subject to the formal notification being provided to the Employee.

Distinguishing Features/Critical Competencies:

  • Patience;
  • The polite manner on the phone whilst maintaining confidence and being persevering when required;
  • Confident, be efficient, organized and diligent;
  • Respect confidentiality;
  • Attention to detail and willing to learn;
  • Demonstrate a pro-active and positive approach to work;
  • Time management skills;
  • Objection Handling;
  • Ability to work alone as well as part of a team;
  • Able to work under pressure and prioritise work accordingly;
  • Excellent communication skills and command of the English Language;
  • Have a high affinity for numbers and possess numeracy skills;
  • Interest in economics and the currency markets.

Required/Desirable Qualifications/Experience:

  • Previous experience in a telephone-based role, customer service and/or administration is a must;
  • Exposure and/or experience with Currency Markets considered an asset;
  • ECDL Certified;
  • Minimum level of education is “A” Level education and/or diploma level. Degree level of education would be considered an asset, however not considered a main prerequisite.

Kindly note that we shall review all the information submitted and will respond within 5-7 working days should you be successful and shortlisted for the job.  Should communication not be established within this stipulated time-frame this would prove that such an application has been deemed unsuccessful.

Job Detail
    Category: Administration & Clerical, Others, Secretarial & PA
  • Experience*N/A
  • Qualification*Certificate
  • Job Reference*Dev02
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