About the Role
We are seeking a high-impact, technically-minded Senior Treasury FX Manager (UK) to lead the evolution of Monzo’s global FX strategy. This role involves building a highly scalable, automated execution environment and overseeing Treasury FX risk management and hedging strategies.
Responsibilities
- Designing and implementing an automated execution environment to optimise netting and minimise hedging costs
- Developing and maintaining relationships with external liquidity providers to drive efficient pricing and optimal liquidity
- Architecting data-driven FX hedging strategies in partnership with Data, Product and Engineering to unlock new revenue streams
- Taking ownership of the FX execution framework, proposing enhancements to policies, controls and systems
- Expanding Monzo’s global currency footprint, leading Treasury readiness for new markets and ensuring robust risk controls within a global multi-entity FX framework
- Optimising capital efficiency by managing FX exposure against business risk tolerance while supporting FX product growth
- Partnering directly with Product squads on new FX product launches, and collaborating with Engineering and Data squads to enhance core internal FX capabilities
- Collaborating with stakeholders across finance, second & third line defence to ensure safe and scalable growth
Requirements
- Demonstrable experience in a high paced, high-flow FX environment (whether at a bank, asset manager, broker or payment company), covering a broad range of currencies
- Proven proficiency in executing and managing live exposure across spot, forwards, swaps, and NDFs
- A future-focused mindset, for example interest in how blockchain and distributed ledger technology (DLT) are transforming traditional FX settlement and processes
- Analytical rigour and forward thinking approach, including familiarity with large data analysis and proficiency in a coding language such as Python or SQL is preferred
- Strategic communication skills, with a demonstrated ability to translate technical Treasury topics for Product and Engineering stakeholders
- A proactive and forward-thinking approach to problem-solving within a rapidly scaling, multi-entity environment
- An open and collaborative communication style, thriving in a cross-functional squad model
- A relevant professional qualification (CFA is preferred)
Skills
- FX risk management
- Hedging strategies
- Automated execution environment
- Data-driven FX hedging
- Global FX framework
- Risk aggregation
- Liquidity investment management
- Python
- SQL
- Blockchain
- Distributed ledger technology (DLT)
Location
- London
Work Type
- Hybrid
Experience Level
- Senior
Education Level
- CFA preferred
Salary/Compensations
- £93,500 - £115,000
Benefits
- Incentive Awards tied to performance
- Flexible working hours
- £1,000 learning budget each year
- Macbooks provided
- Support for work-from-home setup
About the Company
- We’re on a mission to make money work for everyone.
- We’re waving goodbye to the complicated and confusing ways of traditional banking.
- Our product offering has grown a lot in the last 10 years in the UK.
- We offer personal and business bank accounts, joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK.
- Our UK customers can also save, invest and combine their pensions with us.
- We have a long history of creating magical moments for our customers!
- We’re not about selling products - we want to solve problems and change lives through Monzo ❤️
Equal Opportunity
- All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
