Description
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.
The responsibilities for this role include:
- Developing new foreign exchange capabilities to support business initiatives involving cross-border payments
- Defining FX desk workflows, policies, procedures, and implementing a high level of automation
- Executing the company’s foreign exchange risk management program and strategies
- Monitoring FX trade executions and open positions
- Measuring FX risk according to company policy and reporting exposures to senior management
- Analyzing approaches to optimize risk management
- Onboarding trading partners
- Identifying requirements to trade exotic currencies
- Supporting the testing of FX risk management, quoting, and trading systems
- Communicating relevant news, market events, and FX system behavior to team members
- Analyzing market trends for the business
- Evaluating business cases for incremental revenue opportunities related to foreign exchange transactions and supporting the business with project-based FX analysis
- Contributing to all aspects of the trading desk activities including position reconciliation, risk management tasks, and post-trade analysis
The ideal candidate will be proficient in or possess the following:
- 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
- Strong understanding of FX markets in G-7 and G-20 currencies
- 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
- Ability to work independently and manage ambiguity
- Strong oral and written communication skills
- Excellent leadership qualities
- Finance, accounting, economics, or similar degree; MBA or CFA a plus
In line with Mastercard’s total compensation philosophy, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role.
Mastercard benefits for full-time employees generally include: insurance, flexible spending account and health savings account, paid leaves, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, and many more.