Mid-Level

Foreign Exchange Position Clerk

Tracking the bank's foreign exchange positions in real time — feeding traders position information, reconciling against trade records, supporting position-keeping and risk reporting. The role tends to live in FX operations, back-office trading support, or treasury risk functions.

Career Level
Junior
Mid
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Director
VP
Executive
Work Personality
C
E
I
R
S
A
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Job markets for Foreign Exchange Position Clerks
Employment concentration · ~393 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Foreign Exchange Position Clerk

Most days follow the rhythm of trading day — pre-market position handoff, intraday position updates as trades book, end-of-day reconciliation, and overnight handoff to the next region's desk. You'll often work in a bank's FX operations, treasury, or middle-office function — the role is the connective tissue between the trading desk and the books of record. Speed and accuracy both matter, and trading desks expect responsive support.

What's harder than people expect is the precision required when markets move fast. Position breaks during volatile markets can grow quickly if not caught; wrong position data leads traders to make bad hedging decisions. The strongest position clerks develop pattern recognition for what trades cause what breaks, and the relationships with trading desks become real career capital. Multi-time-zone handoffs add complexity in global banks.

People who tend to thrive here are precise, calm under market pressure, and comfortable with the technical vocabulary of FX trading. The role tends to be a strong foothold into FX trading support, treasury analyst, or market risk roles. The trade-off is that the work happens in trading-hours rhythms — early mornings, late evenings, sometimes overnight coverage in global operations — and the technical specificity makes career pivots outside trading-adjacent roles harder.

SupportAbove avg
RelationshipsModerate
AchievementLower
Working ConditionsLower
IndependenceLower
RecognitionLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Foreign Exchange Position Clerks (SOC 43-3031.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$35K–$73K
Salary Range
10th – 90th percentile
1.5M
U.S. Employment
-5.8%
10yr Growth
170K
Annual Openings

How this category is changing

$64K$61K$59K$56K$53K201920202021202220232024$53K$64K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

MathematicsCritical ThinkingReading ComprehensionActive ListeningWritingSpeakingMonitoringTime ManagementCoordinationService Orientation
O*NET OnLine · Bureau of Labor Statistics
43-3031.00

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.