How much does a Foreign Exchange Trader II make in Massachusetts? The average Foreign Exchange Trader II salary in Massachusetts is $117,099 as of February 26, 2024, but the range typically falls between $72,962 and $160,819. 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 II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Foreign Exchange Trader II Salary $50,034 MA February 26, 2024
25th Percentile Foreign Exchange Trader II Salary $72,962 MA February 26, 2024
50th Percentile Foreign Exchange Trader II Salary $117,099 MA February 26, 2024
75th Percentile Foreign Exchange Trader II Salary $160,819 MA February 26, 2024
90th Percentile Foreign Exchange Trader II Salary $200,623 MA February 26, 2024
25% $72,962 10% $50,034 90% $200,623 75% $160,819 $117,099 50%(Median) Didn’t find job title? Click
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What skills does a Foreign Exchange Trader II 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 II

Foreign Exchange Trader II 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 II 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 II requires a bachelor's degree in area of specialty. Typically reports to a manager or head of a unit/department. The Foreign Exchange Trader II occasionally directed in several aspects of the work. Gains exposure to some of the complex tasks within the job function. To be a Foreign Exchange Trader II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Foreign Exchange Trader II in Massachusetts

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $113,300 Date Updated February 26, 2024
Location Barnstable, MA Avg. Salary $114,520 Date Updated February 26, 2024
Location Fitchburg, MA Avg. Salary $114,716 Date Updated February 26, 2024
Location Hyannis, MA Avg. Salary $114,123 Date Updated February 26, 2024
Location Leominster, MA Avg. Salary $113,297 Date Updated February 26, 2024
Location Malden, MA Avg. Salary $121,231 Date Updated February 26, 2024
Location Methuen, MA Avg. Salary $114,915 Date Updated February 26, 2024
Location Newton, MA Avg. Salary $121,231 Date Updated February 26, 2024
Location Revere, MA Avg. Salary $121,231 Date Updated February 26, 2024
Location Weymouth, MA Avg. Salary $117,498 Date Updated February 26, 2024

Career Path for Foreign Exchange Trader II

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 II, the first career path typically progresses to Foreign Exchange Trader III.

The second career path typically progresses to Trader (Options), Sr..

The third career path typically progresses to Trader (OTC) III.

Additionally, the fourth career path typically progresses to Trader (Corporate Bonds) III.

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Foreign Exchange Trader II Salary in Massachusetts
Foreign Exchange Trader II Salary Graph, Regional Distribution and Summary