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

Manager, FX Trading and Treasury Strategy

Overview:

The Treasury Solutions team at Mastercard is offering an exciting opportunity for high performing candidates. We are hiring for the position of Manager, FX Trading and Strategy based in Purchase, NY. A successful candidate would have subsequent opportunities to gain exposure to other areas within Treasury or the broader finance team.

Mastercard is rapidly expanding its cross-border and cross-currency capabilities across the electronic payments landscape. The Treasury Solutions team is Mastercard’s foreign exchange “think tank” and resident expert on the role of FX in the global financial system, the Mastercard network, and cross-currency/cross-border digital payments. The team acts in a leading role to support various business initiatives across products and functions.

Role:
•\tDevelop new foreign exchange capabilities to support business initiatives involving cross-border payments
•\tDefine FX desk workflows, policies, procedures, and implement a high level of automation
•\tExecute the company’s foreign exchange risk management program and strategies
•\tDesign and program algorithms to quote FX and manage risk
•\tMonitor FX trade executions and open positions
•\tMeasure FX risk according to company policy and report exposures to senior management
•\tAnalyze approaches to optimize risk management
•\tOnboard trading partners
•\tIdentify requirements to trade exotic currencies
•\tDevelop business requirements for FX systems
•\tReview FX vendor capabilities and assess fit
•\tSupport the testing of FX risk management, quoting, and trading systems
•\tCommunicate relevant news, market events, and FX system behavior to team members
•\tAnalyze market trends (liquidity, spreads, volatility, etc.) for the business
•\tEvaluate business cases for incremental revenue opportunities related to foreign exchange transactions and support the business with project-based FX analysis
•\tContribute to all aspects of the trading desk activities including position reconciliation, risk management tasks and post trade analysis

All About You:

Ideal candidate will be proficient in or possess the following:
•\tDemonstrated experience in developing new business or service offerings
•\tExperience in and/or willingness to start a new trading operation including defining front, middle and back office responsibilities and workflows
•\tFX experience in algorithmic and/or traditional trading in spot, forward, and NDFs
•\tExperience in designing, programming, and/or managing pricing and risk management algorithms or processes is a plus
•\tStrong understanding of FX markets in G-7 and G-20 currencies; some experience with exotic currencies is a plus
•\tPrior experience evaluating trading and risk management systems a plus
•\tStrong knowledge of corporate finance and capital markets
•\tExcellent analytical skills
•\tStrong MS Excel and PowerPoint skills
•\tProven track record of prioritizing work and managing multiple projects, in addition to daily workload
•\tAbility to work independently and manage ambiguity
•\tStrong oral and written communication skills
•\tExcellent leadership qualities, including getting work done through others, being organizationally savvy, thought leadership and influencing skills
•\tFinance, 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.

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 based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 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, gender-inclusive benefits and many more.

Pay Ranges

Purchase, New York: $129,000 - $206,000 USD