Foreign Exchange Wire Specialist I

Reposted 14 Days Ago
Be an Early Applicant
Laredo, TX, USA
In-Office
Entry level
Fintech • Financial Services
The Role
Provide foreign exchange wire services to customers: quote and negotiate FX rates, create FX quotes, initiate wires through the wire transfer application, deliver bilingual customer service, ensure regulatory disclosures and accurate transaction processing, and assist FX traders.
Summary Generated by Built In
IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities.   IBC bank hires talented, creative and dedicated individuals to help our business succeed.  We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence.   We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. 

Time Type:

Full time

This is an in-office position.

Department:

330 Foreign Operations

Job Summary:

The Foreign Exchange Wire Specialist I is responsible for providing the foreign exchange (FX) wire service to existing and prospective customers while delivering the “IBC Experience”. Duties must be carried out accurately and efficiently in a fast-paced environment. This includes assigned duties in accordance with office procedures. Superior customer service with a “We Do More” attitude is a must. Provides an excellent opportunity for career-oriented individual.

Job Description:

ESSENTIAL JOB FUNCTIONS

The statements on this job description are intended to describe the general nature of level of work being performed by incumbents.  They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

  • Delivers the IBC Experience by providing prompt, efficient and friendly customer service.

  • Informed of the daily currency exchange market rates.

  • Provides exchange rates to customers requesting wires in foreign currency.

  • Negotiates exchange rates with customers/prospects.

  • Creates FX quotes and initiates wire process through the Wire Transfer application.

  • Provide verbal disclosures to customers to comply with regulatory requirements.

  • Assists Foreign Exchange Traders.

  • Other Duties as assigned.

SKILLS

  • Strong sales skills.

  • Knowledge of major world currencies and their value in relation to the U.S. Dollar.

  • Strong written and oral communication skills in English and Spanish.

  • Able to process transactions accurately and efficiently.

  • Proficient in computer skills and knowledgeable in Microsoft Office and its applications.

  • Bilingual, fluent in both English and Spanish.

  • Basic math skills and ability to use calculator functions.

  • Analytical skills, with attention to detail. 

  • Team player.

EDUCATION & EXPERIENCE

  • High School Diploma or GED equivalent.

  • Prior sales or office work experience a plus.

Skills Required

  • High School Diploma or GED equivalent
  • Bilingual fluency in English and Spanish
  • Strong sales skills
  • Knowledge of major world currencies and exchange rates relative to the U.S. dollar
  • Proficient computer skills and knowledge of Microsoft Office
  • Ability to process transactions accurately and efficiently
  • Strong written and verbal communication skills
  • Basic math skills and ability to use calculator functions
  • Analytical skills with attention to detail
  • Prior sales or office work experience
  • Ability to provide verbal disclosures to comply with regulatory requirements

IBC Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IBC Bank and has not been reviewed or approved by IBC Bank.

  • Healthcare Strength Employer-paid medical coverage for full-time employees, with prescription coverage and optional dental/vision, indicates solid core health protection. Feedback suggests this foundational coverage is a standout within the overall package even if other areas feel modest.
  • Retirement Support A 401(k) alongside profit-sharing contributions when the bank is profitable provides retirement-building mechanisms. Eligibility beginning the first day of the year following hire is a timing nuance candidates may factor in.
  • Career-Linked Recognition & Rewards Commission and bonus elements in certain roles can supplement base pay. Feedback suggests performance-tied earnings provide upside for some, despite variability.

IBC Bank Insights

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The Company
HQ: Laredo, TX
1,861 Employees

What We Do

IBC Bank was founded in 1966 and today it serves as the flagship bank of International Bancshares Corporation. Since its opening, IBC has grown in assets to more than $15 billion making it one of Texas’ largest holding companies. We believe in doing more for the communities we serve. And we've made that commitment for the last 50+ years. We know that when our communities succeed, we all succeed. Affirmative Action/ Equal Opportunity Employer Member FDIC/ International Bancshares Corporation

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