Associate Foreign Exchange Sales Trader

Job Title:

Associate Foreign Exchange Sales Trader

Location:

Boston

What you'll do:

As an Associate, Foreign Exchange (FX) Sales Trader, you are responsible for the execution of foreign exchange transactions, management of client trading activity, and delivery of FX solutions within the Global Markets Group. Reporting to the Head of FX Sales and Trading, this role is designed for early career candidates seeking hands-on exposure to FX markets, client servicing, and front office risk frameworks. You'll operate in a front-office capacity, with direct accountability for trade execution, client interaction, product structuring, and transaction-level revenue outcomes, within established risk, pricing, and credit frameworks. The position requires the ability to exercise independent judgment in real-time market conditions, manage assigned client activity, and contribute to the overall performance of the FX business. You'll function as an active participant in the FX platform, maintaining ownership of day-to-day trading activity, contributing to product delivery and market insight, and supporting a disciplined, controlled, and commercially driven environment. This role is well suited for intellectually curious, highly motivated candidates with strong analytical skills and an interest in applying data and emerging technologies to financial markets and client service.

• Execute day-to-day FX trading activity across an assigned group of corporate clients and internal partners. Engage directly with clients to model, structure, and deliver foreign exchange solutions aligned with client objectives. Maintain responsibility for execution and FX trade-related decision-making. Maintain continuity and depth of client engagement through consistent interaction and product delivery. Price and execute live FX transactions across Spot, Forwards, NDFs, Swaps, and supported Options products within delegated authority. Apply real-time market judgment to determine execution strategy, pricing levels, and timing throughout the trading day. Manage transaction flow, balancing execution quality, responsiveness, and market risk considerations. Monitor market conditions, liquidity, and positioning to inform execution decisions and client outcomes. Maintain responsibility for managing risk exposure associated with executed transactions while maintaining compliance with risk limits.
• Maintain responsibility for transaction-level profitability, including disciplined pricing and execution standards. Monitor activity across assigned relationships to support consistent FX engagement and revenue generation. Identify and act on opportunities to expand product usage and increase client participation in FX activity. Contribute to internal discussions related to pricing strategy, client behavior, and commercial positioning. Leverage technical and analytical capabilities to support the evaluation and enhancement of electronic FX trading initiatives. Contribute to the development and refinement of digital trading tools used for pricing, execution, and market risk management. Apply data-driven insights to improve execution efficiency, pricing consistency, and client experience across trading channels. Identify opportunities to integrate AI tools for insights and efficiency.
• Operate within delegated pricing authority, credit limits, and risk parameters. Ensure all transactions meet eligibility, suitability, and product requirements prior to execution. Maintain responsibility for accurate trade capture, execution integrity, and risk alignment. Ensure adherence to internal risk limits, compliance policies, and regulatory requirements governing FX activity. Escalate exceptions in accordance with established governance frameworks. Operate as an active participant within the FX Sales & Trading platform, contributing to market discussions and coordination of client activity. Engage with stakeholders across Sales, Trading, Treasury Management, Risk, and Operations to support efficient transaction delivery. Contribute to a disciplined, controlled, and commercially aligned trading environment.

What you'll need:

• No related experience required. or similar field.
• Bachelor's degree in related field required.
• Entry level knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $83,050.00 - $102,590.00 for Boston, MA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [email protected] or call 602-386-2488.  When contacting us, please provide your contact information and state the nature of your accessibility issue.  We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

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