Senior Treasury FX Manager
🚀 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 ❤️
⭐ Our Treasury team
We are 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
🤩 We’d love to hear from you if you have…
- 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)
🙌 What’s in it for you
💰 £93,500 - £115,000 + incentive Awards tied to your performance
📍This role is based in our London office, with a minimum expectation of working 2 days per week from the office.
⏰ We offer flexible working hours and trust you to work enough hours to do your job well, and at times that s