Foreign Exchange Operations Specialist

UMB Bank

FX Payment Operations Specialist managing foreign exchange payment operations at UMB. Responsible for trade settlements and compliance, contributing to process improvements.

Posted 4/24/2026full-timeKansas City • Idaho, Kansas, Montana, Oklahoma, Virginia, West Virginia • 🇺🇸 United StatesMid-LevelSenior💰 $57,760 - $124,170 per yearWebsite

Tech Stack

Tools & technologies

Swift

About the role

Key responsibilities & impact

Oversight of incoming and outgoing FX payments across multiple currencies and settlement systems
Oversight of trade details that are entered into the bank’s operations system in alignment with front-office confirmations.
Ensure timely settlement of FX spot, forward, swap, and option transactions.
Perform daily reconciliations of nostro/vostro accounts and investigate discrepancies.
Resolve settlement failures, payment delays, and trade breaks in coordination with counterparties, custodians, and internal teams.
Maintain accurate records for audit and regulatory purposes.
Ensure adherence to internal risk controls, operational procedures, and anti-money laundering (AML) / sanctions screening requirements.
Escalate unusual activity or potential fraud to compliance and management promptly.
Support compliance with global regulatory reporting requirements.
Provide operational support to corporate and institutional business partners & clients for FX transactions.
Liaise with front-office traders, relationship managers, and treasury teams to ensure smooth trade execution.
Address client inquiries regarding payment status, transaction charges, and settlement timelines.
Prepare and present reports on foreign exchange activities for presentations to senior & executive management.
Develop and maintain relationships with partner banks.
Provide training and support to other team members on foreign exchange matters.
Contribute to process improvement initiatives to enhance operational efficiency and reduce settlement risk.
Lead and participate in testing and implementation of system upgrades or new payment platforms.

Requirements

What you’ll need

At least 5 years of FX payment operations and FX settlements within a banking environment.
Strong understanding of international payment systems and SWIFT message formats (MT103, MT202, MT300, etc.) and global currency markets.
Proficiency in FX trading platforms and financial software.
Familiarity with FX products (spot, forward, swaps, options).
Knowledge of AML, sanction screening, and regulatory requirements for cross-border transactions.
Proficiency in Microsoft Excel and banking operations systems.
High attention to detail, strong problem-solving skills, and ability to work under tight deadlines.
Ability to utilize technical aptitude that allows for quick learning of company systems, platforms, and products.
Strong customer service skills.
Ability to work autonomously, escalating issues or problems as appropriate.
Ability to recognize errors, issues, special requests, or inconsistencies in daily operations to solve or escalate to appropriate associate or manager.

Benefits

Comp & perks

Paid Time Off
401(k) matching program
Annual incentive pay
Paid holidays
Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
Health savings, flexible spending, and dependent care accounts
Adoption assistance
Employee assistance program
Fitness reimbursement
Tuition reimbursement
Associate wellbeing program
Associate emergency fund
Various associate banking benefits

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

FX payment operationsFX settlementsinternational payment systemsSWIFT message formatsFX trading platformsfinancial softwareFX productsMicrosoft Excelbanking operations systemsregulatory requirements

Soft Skills

attention to detailproblem-solvingcustomer serviceability to work under tight deadlinesautonomous workescalation of issuesrelationship buildingtraining and supportprocess improvementcommunication