Banknote Dealer at Travelex

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Foreign Exchange, Banknote Dealing, Wholesale Customers, Treasury, FX Risk, Regulatory Reporting, Compliance, Pricing, Stakeholder Management, Commercial Acumen, Problem-Solving, Data Interpretation, Communication, Project Management, Analytical Thinking, Creative Mindset

Industry

Financial Services

Description

Founded in 1976, Travelex has grown into Australia's leading foreign exchange brand, with a global presence spanning 20 countries and a team of over 5,000 employees. We serve millions of customers worldwide, making international money simple and accessible—whenever and however they need it. At Travelex, we’re passionate about retail and travel. We believe in creating a collaborative, supportive, and inclusive environment that attracts and nurtures top talent. Here, a great attitude and a willingness to learn matter more than where you come from. Join us and be part of a company that offers endless possibilities, a fun workplace, and a team you’ll be proud of. The Role: Foreign Exchange Banknote Dealer We’re looking for a Foreign Exchange Banknote Dealer to help drive growth in both our internal and external customer base globally. Reporting to the Head of Whole Banknotes & Cash Operations, you’ll play a key role in ensuring the continuous supply of banknotes across different currencies to support network demand. Key Responsibilities Manage and deliver on deadline driven trades across the Dealing Desk in line with service level agreements. Reaccreditation of existing and the onboarding of new wholesale customers. Smartly sourcing and repatriation of currencies to ensure appropriate vault inventory for current demands. Build and maintain strong interdepartmental relationships such as Treasury and FX Risk for compliance. Ownership of timely completion and lodgment of all Regulatory/Compliance reporting related to Wholesale banknote dealing. Ongoing evaluation of wholesale pricing based on market conditions and customer requirements. The Ideal Candidate Will Have: Detailed knowledge of the wholesale banknote market as well as general FX dealing systems and practices. At least 3 years of experience in a similar role, ideally within the Asia-Pacific market. A proven track record of problem-solving in a fast paced market, focused on delivering sales in a competitive, high stakes environment. Strong proficiency in stakeholder management backed with strong commercial acumen. An ASIC Regulatory Guide 146 (RG 146), preferably Additional Skills & Qualities: Project Management: Ability to prioritize and manage multiple tasks efficiently. Analytical Thinking: Strong data interpretation skills to drive sales decisions. Clear Communication: Excellent verbal and written communication skills. Creative Mindset: Innovative approach to developing and expanding pricing strategies. Proactive Attitude: Resourceful, solution-focused, and eager to take initiative. What’s in It for You? Join our Global Customer Team and enjoy a competitive salary package at an internationally recognized brand. Our culture fosters curiosity, trust, excellence, and fun. Perks & Benefits: Flexible work arrangement – hybrid environment 3 days in the office, 2 days at home Premium Martin Place office with stunning views Staff discounts on foreign currency Regular social events Bonus birthday leave and moving leave Free life/salary insurance Staff discounts on private healthcare Paid parental leave Referral bonuses We have partnered with Flare Benefits for even more perks At Travelex, we are committed to fostering an inclusive and diverse workplace. We welcome applicants from all backgrounds and do not discriminate based on race, religion, gender, sexual orientation, age, disability, or any other protected status. Founded in 1976, Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of over 900 ATMs and more than 1,100 stores in the some of the world’s top international airports and in major transport hubs, premium shopping malls, high street locations, supermarkets and city centres. Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies and hotels worldwide. In addition, we source and distribute large quantities of foreign currency banknotes for customers on a wholesale basis - including for central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.

Responsibilities

The role involves managing deadline-driven foreign exchange banknote trades, ensuring continuous supply across currencies to meet network demand, and handling the onboarding of new wholesale customers. Key duties also include sourcing and repatriating currencies for inventory management and owning all regulatory and compliance reporting related to wholesale banknote dealing.