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       CODE: 186.117-082 Buy the DOT:Download/CD-ROM
TITLE(s): FOREIGN-EXCHANGE DEALER (financial) alternate titles: foreign-exchange trader
Maintains bank's balances on deposit in foreign banks to ensure foreign exchange position, and
negotiates prices at which such exchanges shall be purchased and sold, based on demand, supply, and
stability of currency: Refers to international bank market rate to determine foreign exchange rates.
Establishes local rates based upon international bank rates, size of transaction involved, stability
of market, and bank's balances available to fund customer requirements. Negotiates purchase and sale
of foreign exchange drafts on foreign exchange market and calculates U.S. dollar equivalents, using
calculator or computer. Adjusts deposit balances with foreign banks. May direct foreign exchange
personnel in transactions relating to international monetary business.
GOE: 11.06.03 STRENGTH: S GED: R5 M4 L4 SVP: 8 DLU: 89
ONET CROSSWALK: 13002B Financial Managers, Branch or Department
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