How much does a Foreign Exchange Trader I make in District of Columbia? The average Foreign Exchange Trader I salary in District of Columbia is $93,069 as of February 26, 2024, but the range typically falls between $51,184 and $119,247. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Foreign Exchange Trader I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Foreign Exchange Trader I Salary $35,100 DC February 26, 2024
25th Percentile Foreign Exchange Trader I Salary $51,184 DC February 26, 2024
50th Percentile Foreign Exchange Trader I Salary $93,069 DC February 26, 2024
75th Percentile Foreign Exchange Trader I Salary $119,247 DC February 26, 2024
90th Percentile Foreign Exchange Trader I Salary $143,080 DC February 26, 2024
25% $51,184 10% $35,100 90% $143,080 75% $119,247 $93,069 50%(Median) Didn’t find job title? Click
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What skills does a Foreign Exchange Trader I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Mortgage Servicing: A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities.

3.

SAS: SAS (Statistical Analysis System) is a statistical software suite developed by SAS Institute for data management, advanced analytics, multivariate analysis, business intelligence, criminal investigation, and predictive analytics.

Analysis 0.02%
Mortgage Servicing 0.01%
SAS 0.01%
Others 99.96%

Job Description for Foreign Exchange Trader I

Foreign Exchange Trader I is responsible for the timely buying and selling of foreign currencies. Recommends competitive foreign exchange rates based on market performance. Being a Foreign Exchange Trader I reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Carries out trades and maintains the corporation's accounts. Additionally, Foreign Exchange Trader I requires a bachelor's degree in area of specialty. Typically reports to a manager. The Foreign Exchange Trader I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Foreign Exchange Trader I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Foreign Exchange Trader I in District of Columbia

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $93,069 Date Updated February 26, 2024
Location Parcel Return Service, DC Avg. Salary $93,069 Date Updated February 26, 2024
Location Washington, DC Avg. Salary $93,069 Date Updated February 26, 2024
Location Washington Navy Yard, DC Avg. Salary $93,069 Date Updated February 26, 2024

Career Path for Foreign Exchange Trader I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Foreign Exchange Trader I, the first career path typically starts with a Foreign Exchange Trader II position, and then Foreign Exchange Trader III.

The second career path typically starts with a Trader (Options) position, and then progresses to Trader (Options), Sr..

The third career path typically starts with a Trader (OTC) II position, and then progresses to Trader (OTC) III.

Additionally, the fourth career path typically starts with a Trader (Corporate Bonds) II position, and then progresses to Trader (Corporate Bonds) III.

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Foreign Exchange Trader I Salary in District of Columbia
Foreign Exchange Trader I Salary Graph, Regional Distribution and Summary