Treasury FX Manager

Were on a mission to make money work for everyone.

Were 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 aspersonal 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 andcombine 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!

Were not about selling products - we want to solve problems and change lives through Monzo

London 80000 - 90000 incentive awards tied to your performance Benefits

Our Treasury team

We are seeking a high-impact technically-minded Treasury FX Manager (UK) to lead the evolution of Monzos 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 risks 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.

Youll 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 Monzos 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 internal limit while supporting FX product growth
• Partnering directly with Product squad 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

Wed 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 with a strong interest in (or direct experience with) 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
• 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)

Whats in it for you

80000 - 90000 incentive awards tied to your performance

This role is based in our London office with a minimum 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 suit you and your team.

1000 learning budget each year to use on books training courses and conferences.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.

Plus lots more! Read our full list of benefits.

The application journey has 4 key steps

• Call with Recruiter (30 mins)
• Video call with hiring manager (30 mins)
• Technical video interview with hiring manager and treasury stakeholder (60 min)
• Behavioural interview with finance stakeholders (45 min)

This process should take around 3 - 4 weeks your schedule is really important to us so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo You can read them here.

Youll hear from us throughout the application process but if youve got any questions please reach out to You can also use this email address to let us know if theres anything we can do to make the process easier for you because of disability neurodiversity or anything else.

Well only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you dont miss out.

Equal opportunities for everyone

Diversity and inclusion are a priority for us and were making sure we have lots of support for all of our people to grow at Monzo. At Monzo were embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

Were an equal opportunity employer. All applicants will be considered for employment without attention to age ethnicity religion sex sexual orientation gender identity family or parental status national origin or veteran neurodiversity or disability status.

If you have a preferred name please use it to apply. We dont need full or birth names at application stage