Mastercard
Manager, FX Trading & Strategy Overview
Mastercard is looking for a Manager, FX Trading & Strategy to oversee daily FX trading, risk management and support the implementation of new processes and procedures. About the role: 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 Design and program algorithms to quote FX and manage risk 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 All About You: 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 Experience in designing, programming, and/or managing pricing and risk management algorithms or processes is a plus 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 Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact
reasonable_accommodation@mastercard.com
and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly. Corporate Security Responsibility All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must: Abide by Mastercard's security policies and practices; Ensure the confidentiality and integrity of the information being accessed; Report any suspected information security violation or breach, and Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines. Pay Ranges Purchase, New York: $129,000 - $206,000 USD
Mastercard is looking for a Manager, FX Trading & Strategy to oversee daily FX trading, risk management and support the implementation of new processes and procedures. About the role: 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 Design and program algorithms to quote FX and manage risk 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 All About You: 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 Experience in designing, programming, and/or managing pricing and risk management algorithms or processes is a plus 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 Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact
reasonable_accommodation@mastercard.com
and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly. Corporate Security Responsibility All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must: Abide by Mastercard's security policies and practices; Ensure the confidentiality and integrity of the information being accessed; Report any suspected information security violation or breach, and Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines. Pay Ranges Purchase, New York: $129,000 - $206,000 USD