About this role
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
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Manager, Corporate Treasury
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Overview
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:
• 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
Experience / All about You:
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 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
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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 [email protected] 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.
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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.
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In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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.THIS POSTING IS NOT FOR A CURRENT VACANCY, BUT MASTERCARD IS SEEKING RESUMES TO REVIEW IN THE FUTURE WHEN JOBS BECOME AVAILABLE.
Pay Ranges
New York City, New York: $137,000 - $218,000 USD
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Purchase, New York: $131,000 - $209,000 USD
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