Treasury Risk Manager

At Xe, we live currencies. We provide a comprehensive range of currency services and products, including our Currency Converter, Market Analysis, Currency Data API and quick, easy, secure Money Transfers for individuals and businesses. We leverage technology to deliver these services through our website, mobile app and by phone. Last year, we helped over 300 million people access information about the currencies that matter to them and over 225,000 people used us to send money overseas.

About This Role

Reporting directly into the Director of Treasury Risk Management, this is a vital role at the heart of our business. Working as part of a global team, the primary responsibility is to provide 'liquidity' to all of the different business units: making sure deals are priced correctly and that all of the currency accounts are funded appropriately. This is a great opportunity to learn the inner workings of a global financial technology business as all the technical knowledge for this role will be taught on the desk. The role will also work closely with the back office and dealing teams.

We’re looking for someone who has a real interest and passion in FX and is willing to expand their knowledge in this field.

Our principles

• AMBITION - We dream big, try things out and always ask “why not?” and “what if?” We’re ambitious in our thinking and our delivery.
• RESPONSIBILITY - We get involved, bring our perspective and are always open to new ideas. We take personal responsibility.
• COMMUNITY - We value a sense of belonging, trusting each other and encouraging authenticity. We contribute to our community.

Roles & Responsibilities

• Making sure that the forward points are correct (online trading)
• Working out the Profit and Loss for the desk
• Help manage the proprietary trading accounts
• Action currency swaps throughout the day (trading with banks)
• Help cover spot flow when required by the TRM team
• Price offline trades
• Ownership of the extended currency process (This requires a good working relationship with BAML who provide us liquidity for these currencies)
• Helping monitor the order book (clients that wish to buy or sell currency at pre-defined levels)
• Managing collateral with our Banks, making sure that we are not under or over collateralised
• Actioning rollovers at predetermined times (clients who are unable to deliver on their contracted date have their currency deal rolled)
• Covering User Acceptance Testing

Position Requirements

• Excellent attention to detail and high level of accuracy
• Able to work under pressure
• Tech savvy
• Strong communication skills
• Experience in Currency Risk
• Able to problem solve and “think out of the box”
• Desirable: Someone who has a real appetite to work in a small but key area of the business
• Keen to own the role and enhance the role
• Being calm under pressure is really important
• No day is ever the same so the ability to quickly adapt is essential

Perks & Benefits

• Competitive Salary & Discretionary Bonus
• 23 days annual leave increasing with each year of service (capped at 28 days)
• Paid day off for your Birthday
• 4% employer pension contribution
• Discounted Euronet Employee Share Purchase Plan (ESPP)
• Life Cover, Income Protections Scheme & Critical Illness cover
• Healthcare Plumm Mental Health and Wellbeing

We want Xe to be a great place to work and to ensure that our communities are represented across our workforce. A vital part of this is ensuring we are a truly inclusive organization that encourages diversity in all respects.

At Xe we are committed to making our recruitment practices barrier-free and as accessible as possible for everyone. This includes making adjustments or changes for disabled people, neurodiverse people or people with long-term health conditions. If you would like us to do anything differently during the application, interview or assessment process, including providing information in an alternative format, please contact us.

The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.