Banking Foreign-Exchange Dealer Salary in Turlock, California

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Average Salary for Banking Foreign-Exchange Dealer in Turlock, California

The average salary of a(n) Banking Foreign-Exchange Dealer in Turlock, California is $114,028.

The average hourly rate of a(n) Banking Foreign-Exchange Dealer in Turlock, California is $54.82.

The average bonus of a(n) Banking Foreign-Exchange Dealer in Turlock, California is $25,975.00.

Job Description:

Negotiates purchase and sale of foreign exchange drafts on foreign exchange market and calculates US dollar equivalents. Maintains bank's balances on deposit in foreign banks to ensure foreign exchange position, and negotiates prices at which such exchanges shall be purchased and sold, based on demand, supply, and stability of currency. Determines foreign exchange rates, referring to international bank market rate. Establishes local rates based upon international bank rates, size of transaction involved, stability of market, and bank's balances available to fund customer requirements. Adjusts deposit balances with foreign banks. May direct foreign exchange personnel in transactions relating to international monetary business. Less

Negotiates purchase and sale of foreign exchange drafts on foreign exchange market and calculates US dollar equivalents. Maintains bank's balances on deposit in foreign banks to ensure foreign exchange position, and negotiates prices at which such exchanges shall be purchased... More

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