Senior Treasury FX Trading & Funding – Analyst

Posted:
9/17/2024, 5:00:00 PM

Location(s):
Manila, Metro Manila, Philippines ⋅ Metro Manila, Philippines

Experience Level(s):
Senior

Field(s):
Finance & Banking

Job Description:

Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

The treasury team is uniquely positioned in the center of processing Remitly's global transaction flows, with responsibility over FX inventory purchases and delivery of funds to destination partners for our customers. The ideal candidate will possess the experience needed to assist our ongoing efforts to build and manage a scalable and efficient global treasury FX trading and funding function. Remitly is a unique and dynamic work environment with extraordinary business growth which is perfect for someone looking for an exciting challenge and career opportunity.

You Will:

  • Support growth in Asia trading capabilities
  • Develop and execute FX trade recommendations and related trade execution to optimize local liquidity, FX costs, and FX exposures
  • Manage FX inventory cost basis (a key component of revenue) and FX gain/loss
  • Analysis of FX trading and funding activities vs. targets
  • Monitor, and improving an excellent set of operational policies to ensure a robust, internal control environment protecting assets and mitigating the risk of errors
  • Identify, recommend, and help implement new technologies and enhancements, products, and services to improve FX trading and funding with the support of a dedicated treasury engineering team
  • Manage daily forecasting process to determine FX receipts and FX funding needed (by country/partner) in disbursement network for $10+ billion annualized transaction volumes in over 100 different currencies

You Have:

  • 2+ years of solid global treasury foreign exchange management experience in a multinational corporate setting
  • Previous experience trading emerging markets currencies and/or remittance industry experience a plus
  • You acquire and synthesize complex datasets to support recommendations and conclusions to treasury leadership
  • Strong understanding of accounting processes and concepts
  • Bachelor's degree in Accounting, Finance, Economics, Business, or a related field
  • Profession certification (CFA, CTP, or CPA) a plus

Our Benefits:

  • Rice Allowance
  • Transportation Allowance
  • Paid Vacation
  • Medical, Dental & Vision
  • Accident and Life Insurance
  • Employee Stock Purchase Plan (ESPP)
  • Mental Health & Family Forming Benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.