At a Glance
- Tasks: Lead Monzo's global FX strategy and optimise automated execution environments.
- Company: Join a forward-thinking fintech revolutionising banking for everyone.
- Benefits: Competitive salary, performance incentives, and comprehensive benefits package.
- Other info: Collaborative culture with opportunities for growth and development.
- Why this job: Make a real impact in a dynamic environment while shaping the future of finance.
- Qualifications: Experience in FX management and a passion for innovative financial solutions.
The predicted salary is between 93500 - 115000 £ per year.
We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us.
With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, 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.
Location: London | £93,500 - £115,000 depending on experience + Incentive Awards tied to your performance + Benefits
Our Treasury team is seeking a high-impact, technically-minded Senior Treasury FX Manager (UK) to lead the evolution of Monzo’s global FX strategy. This is not a traditional “click-and-trade” role; you will be the architectural bridge between Treasury, Data, Product and Engineering squads, building a highly scalable, automated execution environment. You will oversee Treasury FX risk management and hedging strategies - including the in-housing of FX to unlock new revenue streams. As we scale, you will design a global, multi-entity FX framework and drive efficient internal risk aggregation. Additionally, you will support the broader Treasury Markets squad with core structural hedging and liquidity investment management.
You’ll play a key role by…
- 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
Qualifications:
- 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)
Senior Treasury FX Manager employer: EngineersOfAI
Graphcore is an exceptional employer, offering a dynamic work environment where innovation thrives and every team member can contribute to groundbreaking advancements in AI technology. With a strong focus on employee growth, Graphcore provides ample opportunities for professional development and collaboration with industry experts, all while being part of the prestigious SoftBank Group. Located in a vibrant tech hub, employees enjoy a culture that values creativity, inclusivity, and the chance to make a significant impact in the rapidly evolving field of artificial intelligence.
