Clerk Foreign Exchange Banking Salary in Ware, Massachusetts

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Average Salary for Clerk Foreign Exchange Banking in Ware, Massachusetts

The average salary of a(n) Clerk Foreign Exchange Banking in Ware, Massachusetts is $40,211.

The average hourly rate of a(n) Clerk Foreign Exchange Banking in Ware, Massachusetts is $19.33.

The average bonus of a(n) Clerk Foreign Exchange Banking in Ware, Massachusetts is $668.00.

Job Description:

Keeps records of bank's funds on deposit (position) in foreign Banks that may involve bank's balances on deposit in foreign banks, outstanding (future) purchase and sales contracts, and undelivered items. Lists totals in holdover register and posts net balances to daily position reports to determine new position. Checks records to determine when balances need replenishing. Computes net balances and informs trading personnel. May answer inquiries regarding foreign exchange trading regulations. May assist trading personnel in preparing monthly revaluation of foreign currency accounts. May compare current and previous balance sheets to eliminate double-posting to transactions and verification of limits. May quote established conversion rates for bank branch staff and customers. Less

Keeps records of bank's funds on deposit (position) in foreign Banks that may involve bank's balances on deposit in foreign banks, outstanding (future) purchase and sales contracts, and undelivered items. Lists totals in holdover register and posts net balances to... More

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