Foreign Exchange Operations Manager

Job Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it’s our mission and our purpose. The Capital Markets team continues to expand and is currently seeking a well-seasoned Foreign Exchange Operations Manager that will be responsible for maintaining a stable environment whereby the day-to-day operational functions, reporting, and servicing of our clients is performed efficiently and within the guidelines of the Capital Markets procedures. In addition to this the FX Operations manager will proactively manage the needs of the front office, liaise with partner departments, and lead, teach, and empower, the FX Operations team. Job Responsibilities : Oversee reconciliations (daily, weekly, monthly) associated with FX Ops general ledger and nostro accounts. Manage daily trade production and the life cycle of trades within the portfolio. Manage and oversee processes that support Bank Notes, foreign check clearing, and foreign draft issuance. Oversee all aspects of the period closes including but not limited to P&L, cash balances, GLs, client statements, month-end/quarter-end reporting. Proactively manage all international investigations pertaining to Capital Markets transactions while at the same time providing international payment support to departments around the bank. Provide high-touch customer service to all Capital Markets customers. Apply a continuous improvement mentality to FX Operations identifying and implementing new processes that increase the level of efficiency and improve reporting. Work closely with both the FX Product and Technology Manager to build out enhancements and resolve bug issues. Support the FX policy and procedure review and update process. Support or lead project management initiatives. Demonstrate difference making leadership for direct reports and Capital Markets Operations team. Remain abreast of the latest payment trends and Swift offerings/modules. Manage our existing correspondents to stay atop of new offerings and features. Minimum Qualifications : Minimum of 8 – 12 years leading dynamic, progressive, yet stable FX Operations departments by example, with consistent results, and demonstrated ability. Must be a subject matter expert in terms of navigating, understanding and employing FX systems functionality to maximize controls, efficiency, and straight through processing rates. Must be accomplished in leading the department through…