At a Glance
- Tasks: Lead FX strategies and manage cross-border payments in a dynamic tech environment.
- Company: Join an award-winning B2B tech unicorn transforming payroll and payments globally.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Be part of a fast-paced team with excellent career advancement opportunities.
- Why this job: Make a real impact in the fintech space while developing your leadership skills.
- Qualifications: 5-7 years in FX pricing or risk management; strong analytical and communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Papaya Global is a rapidly growing, award-winning B2B tech unicorn with a mission to revolutionize the payroll and payments industry. With over $400M raised from top-tier investors, our innovative technology provides a comprehensive solution for managing global workforces, from hiring and onboarding to managing and paying employees in over 160 countries.
The FX Treasury Manager will be a critical leader within the Treasury team, responsible for the strategic analysis, pricing, and execution of the company’s FX and cross-border payment offerings. This role requires deep market expertise, strong analytical skills, and demonstrated leadership to drive impactful, data-driven decisions across the business. You will be accountable for FX risk management, pricing strategy, customer insights, liquidity optimization, and cross-functional collaboration to support scalable and competitive FX operations.
Responsibilities
- Identify, monitor, and manage multi-currency exposures across products and operational flows.
- Develop and execute hedging strategies (forwards, options, NDFs, limit orders) to mitigate market and balance sheet risks.
- Oversee daily exposure calculations and ensure adherence to internal risk frameworks.
- Manage collateral requirements and credit lines for FX derivatives.
- Execute FX trades with liquidity providers and banking partners, ensuring competitive pricing and best execution.
- Evaluate LP performance, pricing quality, and execution reliability.
- Optimize internal currency matching/netting to reduce external conversions and bank FX fees.
- Enhance settlement efficiency, reduce slippage, and maintain strong STP performance.
- Support the development and maintenance of FX pricing strategies, including tiered pricing models and margin structures aligned with customer behavior, volume patterns, and market conditions.
- Conduct customer segmentation to understand FX usage trends and transaction behaviours.
- Build predictive models to anticipate FX demand and behavioural triggers (e.g., wallet top-ups, international payments) and support related liquidity positioning.
- Monitor global macroeconomic trends, central bank policy, and market liquidity to guide pricing and risk decisions.
- Deliver clear periodic FX market updates, scenario analyses, and short- to medium-term FX forecasts to support treasury and planning.
- Serve as the FX Subject Matter Expert across product, engineering, compliance, finance, and operations.
- Support the design and launch of new products with embedded FX capabilities.
- Translate market, regulatory, and technical requirements into actionable business specifications.
- Partner with engineering to optimize automation of FX systems, pricing engines, liquidity connectors, and STP flows.
- Produce FX performance reports covering revenue drivers, exposure, hedge effectiveness, and cost of funds.
- Ensure compliance with global FX regulations (MiFID II, PSD2, T+1, local payment requirements).
- Liaise with auditors, regulators, and compliance teams on FX governance and control frameworks.
Requirements
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field; CFA/FRM beneficial.
- 5–7+ years of experience in FX pricing, risk management, treasury, or cross-border payments.
- Experience in Fintech and cross-border payments company preferred.
- Strong understanding of FX markets, derivatives, pricing mechanisms, and liquidity management.
- Proficiency with analytical tools (Excel, SQL, Python, or similar).
- Experience with FX pricing engines, execution platforms, and multi-currency payment systems.
- Excellent communication skills with the ability to simplify complex topics and influence stakeholders.
- Demonstrated leadership or cross-functional influence.
FX Treasury Manager employer: Papaya Global
At Papaya Global, we pride ourselves on being an innovative leader in the B2B tech space, offering a dynamic work environment that fosters collaboration and creativity. As an FX Treasury Manager, you will not only play a pivotal role in shaping our global FX strategies but also benefit from our commitment to employee growth through continuous learning opportunities and a supportive culture that values your contributions. Join us in our mission to revolutionise the payroll and payments industry while enjoying competitive compensation and a vibrant workplace located in a thriving tech hub.
StudySmarter Expert Advice🤫
We think this is how you could land FX Treasury Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their FX operations and be ready to discuss how your skills can help them achieve their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your experience in FX pricing and risk management. Highlight specific achievements that demonstrate your analytical skills and leadership abilities. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our mission.
We think you need these skills to ace FX Treasury Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the FX Treasury Manager role. Highlight your relevant experience in FX pricing, risk management, and any leadership roles you've held. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. Don’t forget to mention your understanding of FX markets and your analytical skills.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've used data to drive decisions in your previous roles. We love seeing how you can turn numbers into insights that impact business outcomes!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Papaya Global
✨Know Your FX Stuff
Make sure you brush up on your knowledge of FX markets, pricing mechanisms, and risk management strategies. Be ready to discuss specific examples from your past experience where you've successfully managed multi-currency exposures or executed hedging strategies.
✨Show Off Your Analytical Skills
Prepare to demonstrate your proficiency with analytical tools like Excel, SQL, or Python. You might be asked to solve a problem or analyse data on the spot, so practice explaining your thought process clearly and concisely.
✨Communicate Like a Pro
Since this role involves cross-functional collaboration, it's crucial to showcase your communication skills. Think of ways to simplify complex topics and prepare to explain how you've influenced stakeholders in previous roles.
✨Stay Updated on Market Trends
Familiarise yourself with current global macroeconomic trends and central bank policies that could impact FX operations. Being able to discuss these topics will show your potential employer that you're proactive and well-informed about the industry.
