Capital Markets Sales & Trading Specialist

Capital Markets Sales & Trading Specialist

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

The Capital Markets Sales & Trading Specialist is a critical position within Old National Bank responsible for supporting and executing the Foreign Exchange (FX) business across sales, trading, operations, client onboarding, and regulatory reporting functions. The role assists in managing FX trading and execution risk generated by client activity while ensuring operational excellence and regulatory compliance.

This is an individual contributor role with no direct reports and reports to the Director Foreign Exchange & Global Trade Services Manager.

Sales, Trading & Client Execution

• Execute and manage foreign exchange transactions with clients and liquidity providers through telephone, electronic trading platforms, and online portals.
• Provide foreign exchange pricing and market commentary to clients, relationship managers, and internal partners.
• Understand market dynamics and appropriately price transactions based on client relationship and prevailing market conditions.
• Assist with development of FX business through coordinated client calling efforts, sales presentations, and participation in relationship manager meetings.
• Maintain knowledge of commercial credit concepts and support establishment of FX credit facilities for clients.
• Understand global fixed income and currency markets and the impact on exchange rate pricing.

FX Operations & Risk Management

• Develop expertise in all FX-related systems including trading platforms, market data systems, online banking applications, SWIFT, and settlement systems.
• Manage Nostro account balances and ensure adequate liquidity exists to settle foreign exchange obligations.
• Perform trade investigations, payment exception resolution, OFAC reviews, and transaction support activities.
• Prepare materials and reporting for quarterly market risk reviews and management reporting.
• Assist with reconciliation of foreign currency accounts and support operational controls and risk mitigation efforts.
• Monitor and support transaction settlement activities while maintaining appropriate internal controls.

Client Onboarding & Regulatory Administration

• Coordinate onboarding and legal documentation for FX clients, including Dodd-Frank related requirements and other regulatory obligations.
• Maintain client files and documentation, ensuring completeness and regulatory compliance.
• Assist with client due diligence, legal entity documentation, and related reporting requirements.
• Support regulatory examinations, audit requests, and internal compliance reviews.
• Prepare departmental, management, and regulatory reporting as required

Client Service & Relationship Support

• Serve as a subject matter expert and resource for clients, Relationship Managers, Treasury Management Officers, Private Bankers, and Banking Center personnel.
• Respond to inquiries regarding transaction status, payment processing, historical activity, and FX market issues.
• Support foreign currency bank note activities and branch education across the footprint.
• Partner with sales and…