Foreign Exchange Accounting Analyst - Houston, TX

Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we're committed to being the premier employer of choice. We're proud to have ranked among American Banker magazine's "Best Banks to Work For" almost every year since 2013, as Best Employer from Utah's Best of State, among the Best Places to Work in Idaho, and "among the Salt Lake Tribune's Top Workplaces. Make the leap into a new era of banking. Let us transform your career.

With benefits starting on day one, 11 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are looking for aForeign Exchange Accounting Analyst in Houston, TX. This role focuses on providing accounting and complex operational support and analysis for the Foreign Exchange Operational functions.

Essential Functions:

• Provides accounting and complex operational support and analysis for the Foreign Exchange Operational functions related to Foreign Exchange Spot/Forward, NDF, Options, FX Loans, Collections and Letters of Credit transactions.
• Completes reconciliations, investigations, customer and bank limits, customer onboarding documentation and account maintenance.
• Ensures the accurate reconcilement of all Due From and Nostro accounts.
• Research and clears outstanding overdraft interest and wire charges.
• Completes related journal entries and investigations.
• Conducts FX transaction wire investigation and settlement of compensation claims as well as and maintains case files as required.
• Negotiates and analyzes compensation to be charged or made to counterparty banks.
• Reviews and monitors Foreign Exchange credit presentation for completeness and adherence to the FX Credit Policy.
• Coordinates with relationship managers and sales advisors to obtain renewal prior to expiration.
• Works with FX sales advisors to ensure that delivery instructions for all exotic currency wires are accurate, meet specific country requirements for proper delivery, investigations and reconcilement.
• Ensures accurate processing and issuance of Foreign Currency Drafts.
• Performs other duties as required.

Qualifications:

• Requires a bachelor's degree in accounting, finance or a related field and 2+ years of accounting, reconciliations, banking and/or foreign exchange operations or other related experience. A combination of experience and education may meet job requirements.
• Basic knowledge of general accounting principles, reconciliations, journal entries, banking, Foreign Exchange operations and processing policies and procedures.
• Knowledge of related compliance regulations.
• Knowledge and understanding of SWIFT and FEDWire formatting.
• Ability to prepare reports as needed.
• Must be accurate and able to meet deadlines.
• Good balancing, research, problem solving and reconciliation skills.
• Must be organized, detail-oriented and able to multi-task.
• Good customer service and communications skills, both verbal and written.
• Good computer skills including Excel, Word, PowerPoint, Access.

Benefits:

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts
• Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits, including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products