Job DescriptionAt Wise, we are fully devoted to our Mission: Money without borders. Instant, convenient, and eventually free. Over 16 million people and businesses use Wise, which processes over 3 billion in cross-border transactions every month, saving customers close to 2 billion a year. We serve a wide range of customers from personal users, freelancers, small businesses and increasingly even to large enterprises and banks. Wise also offers over 40 currencies across 160 countries and territories for customers to hold and convert money in.
As a Treasury Markets Associate joining the Global FX Markets team in Austin. You will have the opportunity to manage Wise's portfolio of currency risk, develop hedging strategies as well as be involved in broader Treasury functions. You will also have the chance to work with our Cash and Asset Management team to identify and implement yield generating opportunities as well as product teams to enable customer flow.
Your Mission:- Manage group-wide FX risks, liquidity trades and projects as part of a Global Markets Team
- Dedicated focus on hedging activities including our in-house Cross-Correlation Multi-beta Strategy across FX products in the APAC time zone
- Work closely with our Data Science team to develop new tooling and hedging strategies for FX risks
- Collaborate with Treasury Liquidity Operations to optimise funding accounts in Austin/US time zone
- Manage relationships with international banks and counterparties across Austin/US time zone, negotiating prices and optimising trades
- Participate in initiatives to improve dealing approach, policies, controls, and systems
- Provide analysis and reporting on dealing activities, working closely with the cash and asset management team for yield optimisation across fixed income products
- Support new currency and product launches, ensuring efficient risk management
- Collaborate with product and risk teams to automate risk management strategies and enhance control frameworks
Qualifications- 2+ years of trading experience preferred
- Experience in a buy/sell side FX dealing environments
- Confident dealing spot, forwards & swaps to manage live exposures
- Strong communication skills to maintain and grow relationships with our banks and counterparties
Nice to have's:- Experience dealing NDFs an added bonus
- Experience managing customer flow with a broad range of currencies, in particular with Asian FX is an added advantage
- Proficient prioritiser - you make the right decisions on how to allocate time and effort
- Ability to absorb large quantities of detail quickly and communicate complex ideas to various crowds
- Open approach to problem solving in a fast paced environment
- Experience or interactions in the payments industry/fintech space
- Experience with settlements and operating teams will be valuable
- Experience with Asset Management execution (Bonds, MMFs etc)
- ACT Qualifications or equivalent
- Finance / Science / Engineering / Maths graduate preferred
- Excel, VBA, coding a bonus Python, Java, C++
Additional Information- 115k - 149k yearly base which is dependent on various factors.
- Find out more about our benefits in our Austin location.
