Manager, Corporate Treasury
About the role
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.
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
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
- 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
Benefits
Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay
Pay Ranges New York City, New York: $137,000 - $218,000 USD Purchase, New York: $131,000 - $209,000 USD