Manager, Corporate Treasury
About The Position
Mastercard is looking for a Manager, FX Trading & Strategy to join the New York City office and oversee daily FX trading, risk management and support the implementation of new processes and procedures. This role involves developing new foreign exchange capabilities, defining FX desk workflows, policies, and procedures, and implementing automation. The Manager will execute the company’s foreign exchange risk management program and strategies, monitor FX trade executions, measure FX risk, and analyze approaches to optimize risk management. Additionally, the role includes onboarding trading partners, identifying requirements for trading exotic currencies, supporting FX risk management systems testing, communicating market information, analyzing market trends, evaluating business cases for FX-related revenue opportunities, and contributing to trading desk activities such as position reconciliation and post-trade analysis.
Requirements
- Experience in developing new business or service offerings
- Experience in and/or willingness to start a new trading operation including defining front, middle and back office responsibilities and workflows
- FX experience in algorithmic and/or traditional trading in spot, forward, and NDFs
- Strong understanding of FX markets in G-7 and G-20 currencies; some experience with exotic currencies is a plus
- Strong knowledge of corporate finance and capital markets
- Excellent analytical skills
- Strong MS Excel and PowerPoint skills
- Proven track record of prioritizing work and managing multiple projects, in addition to daily workload
- Ability to work independently and manage ambiguity
- Strong oral and written communication skills
- Excellent leadership qualities, including getting work done through others, being organizationally savvy, thought leadership and influencing skills
- Finance, accounting, economics or similar degree; MBA or CFA a plus
Nice To Haves
- Experience in designing, programming, and/or managing pricing and risk management algorithms or processes is a plus
- some experience with exotic currencies is a plus
- MBA or CFA a plus
Responsibilities
- Develop new foreign exchange capabilities to support business initiatives involving cross-border payments
- Define FX desk workflows, policies, procedures, and implement a high level of automation
- Execute the company’s foreign exchange risk management program and strategies
- Monitor FX trade executions and open positions
- Measure FX risk according to company policy and report exposures to senior management
- Analyze approaches to optimize risk management
- Onboard trading partners
- Identify requirements to trade exotic currencies
- Support the testing of FX risk management, quoting, and trading systems
- Communicate relevant news, market events, and FX system behavior to team members
- Analyze market trends (liquidity, spreads, volatility, etc.) for the business
- Evaluate business cases for incremental revenue opportunities related to foreign exchange transactions and support the business with project-based FX analysis
- Contribute to all aspects of the trading desk activities including position reconciliation, risk management tasks and post trade analysis
Benefits
- insurance (including medical, prescription drug, dental, vision, disability, life insurance)
- flexible spending account and health savings account
- 16 weeks of new parent leave
- up to 20 days of bereavement leave
- 80 hours of Paid Sick and Safe Time
- 25 days of vacation time
- 5 personal days
- 10 annual paid U.S. observed holidays
- 401k with a best-in-class company match
- deferred compensation for eligible roles
- fitness reimbursement or on-site fitness facilities
- eligibility for tuition reimbursement
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What This Job Offers
Job Type
Full-time
Career Level
Manager
