(#R-17970) 2023 FX Co-op - July-Dec - Cleveland, OH
Location: 127 Public Square - Cleveland, Ohio 44114
ABOUT THE JOB (JOB BRIEF)
Learn on both a macro and micro level all aspects of working on a bank trading floor with the foreign exchange (Fx) corporate sales team. The position is full-time from July through December in Cle
ESSENTIAL JOB FUNCTIONS TO BE LEARNED DURING CO-OP
- Awareness of global market and economic conditions and what factors move Fx markets. Be able to communicate, both orally and in writing with internal and external clients.
- Learn FX products offered: spot, forwards, and options. Know each product's advantages and disadvantages to various clients.
- Understand Fx pricing conventions.
- Work directly with clients face to face and on the phone.
- Assist in creating customer presentation materials.
- Assist in writing and publishing daily market commentary.
- Attend prospect and client meetings with companies of all sizes.
- Learn how Fx fits into the Payments chain and interact with other client facing teams at the Bank.
- Learn how Fx fits into a client's overall bank relationship and work with bank relationship officers.
- Learn how credit plays a role in Fx transactions and to work with internal bank credit teams.
- Become proficient in how SalesForce is used. Be able to create and maintain client information.
- Learn how Bloomberg and/or Reuters is used for gathering information and client requests.
- Learn from Fx traders how to manage risk of Fx trades.
- Learn our Fx trade entry system, including deal entry of all trade types, checking availability of FX credit lines and creating reports of all types.
- Learn and assist clients with our client facing Fx trading platform, Key2Fx. Become thoroughly versed on features and benefits of the system.
- Learn the intricacies of Fx payments and interacting with our Fx Operations team in assisting clients.
- Learn how clients use Multi-Bank platforms for interactions with their bank's for Fx transactions.
REQUIRED QUALIFICATIONS
- On track for bachelor's degree
- Have excellent written and oral communication, interpersonal and organizational skills
- Embrace a client-focused work ethic – ability to communicate face to face and on the phone with clients
- Have desire to work in a team environment
- Be self-motivated and results-oriented
- Be able to function effectively under pressure
- Managers will consider all students, but prefer students on their last co-op for potential full-time conversion
- KeyBank’s Campus Program Internship and Analyst positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.
PREFERRED QUALIFICATIONS
Economics or Finance Major
COMPENSATION
Hourly rate is $21.
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.