Explore a rewarding career path with Assistant Vice President, FX Settlement jobs, a senior leadership role at the heart of global financial operations. Professionals in this pivotal position are responsible for overseeing the critical final stage of foreign exchange (FX) transactions, ensuring the accurate, timely, and secure transfer of currencies between financial institutions worldwide. This role is a cornerstone of international finance, requiring a unique blend of deep operational expertise, strategic vision, and strong people leadership. An Assistant Vice President (AVP) in FX Settlement typically manages a team responsible for the end-to-end settlement process. Common responsibilities include supervising the confirmation and verification of trade details, managing the instruction process for payments, and resolving any discrepancies or failed settlements that could pose significant financial or reputational risk. Beyond daily operations, these leaders are instrumental in shaping and strengthening the control environment. They work closely with compliance, audit, and risk management teams to develop and adhere to robust control frameworks, ensuring all processes meet stringent regulatory requirements and internal policies. A significant part of the role involves driving efficiency and innovation. This includes championing process improvements, leading automation and migration initiatives, and designing standardized workflows for new financial products. They are often at the forefront of strategic change programmes, transforming operational capabilities to enhance scalability and resilience in a fast-paced market. The skill set for these senior jobs is comprehensive. Candidates generally require 5-8 years of progressive experience within the operations division of a global financial institution, with deep expertise in FX and often related products like Money Markets or Fixed Income. A strong risk management and control mindset is non-negotiable. Equally important are leadership capabilities; an AVP is expected to implement successful people strategies, mentoring team members, fostering a culture of continuous improvement, and championing diversity and inclusion within their department. They must be influential communicators, capable of proactive engagement with a wide range of regional and global stakeholders to drive initiatives and provide clear management updates. A degree in finance, business, or a related field is typically preferred. For those seeking a challenging role that blends operational excellence with strategic impact and team development, Assistant Vice President, FX Settlement jobs offer a dynamic and fulfilling career at the intersection of leadership and finance.
