Manager, eFX Trader

About UsVisa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you.Job DescriptionTeam SummaryThe FX Trading team manages all FX activity across Visa. The team manages all currency risk and pricing across the different entities and business lines, and our associated hedging activities that underpin our cross border business.The team acts as financial market SMEs, working alongside Product, Technology and Commercialization to structure and bring to market new products whilst protecting Visa from financial riskWhat an eFX Trader does at Visa:Visa is engaged in a multi-year FX investment cycle and this role will be responsible for providing technical expertise, supporting operational implementation delivery and covering the day-to-day operations of the eFX (electronic FX) trading business.The eFX Trader will be managing FX risk and liquidity across Visa, actively reviewing client performance and using analytics to improve business performance in order support the growth of the Visa cross border business.The core responsibilities of this role involve both managing market risk as part of BAU as well as support on-going FX infrastructure work across Visa:Manage all day-to-day exposures for the group efficiently and in line with risk appetite and limitsCollaborate closely with the data and risk teams to implement and monitor the current eFX strategic designEngage with the relevant teams to support FX product design and configuration, operating successfully within a continual improvement delivery cycle frameworkSupport the implementation of the roadmap for eFX Trading product and deliver the business OKRs relating to financial targets, client delivery, risk and controlsResponsible in the day-to-day management of liquidity providers and collaborate with global sales and product teams to drive the client agendaThis role will report to the Global Head of FX Trading and act as a leader as we build out a specialist trading function in Singapore, supporting regional analytics and reporting, as well as representing Trading in local business discussions. Why this is important to VisaThis multi-year FX investment cycle underpins the majority of the strategic pillars that support the company’s 2030 plans and act as the single runway to create, launch and manage new cross border products for Visa.This is a hybrid position to be located in our Foster City, CA office location. Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.QualificationsBasic Qualifications:5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD5+ years' experience in an FX role. This can be within trading, sales or productTo have worked in either the buy side (Asset Manager, Hedge Fund or Corporate), sell side (Bank or broker) or a vendor (FX technology platform)Entrepreneurial, with a curiosity and hunger to learn about the FX market and tradingAn ability to apply quantitative methods to eFX pricing and risk management. In addition, the ability to use data science to make observations and identify patterns where relevantKnowledge and understanding of payment rails, ecosystem and infrastructure Excellent interpersonal skills with a proactive / business-building aptitudeAbility to conceptualize solutions, to deliver and execute on themA pragmatic approach to apply prioritization whilst still thinking creatively on project workA team player who can collaborate and communicate with diverse stakeholdersPreferred Qualifications:6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhDPrevious experience in eFX trading infrastructure, API connectivity, GUI and stream configuration is a plus.Knowledge and understanding of eFX pricing and risk management strategiesProjects you will be a part of:This is an extremely rare opportunity to help shape and rebuild the FX infrastructure and platform for a company with as substantial international flows such as Visa. As such, this is a strategically critical area of the business with high visibility U.S. Applicants OnlyThe estimated salary range for this position is $129,200.00 to $ 206,700.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity.Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401(k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.Work HoursVaries upon the needs of the department.Travel RequirementsThis position requires travel 5-10% of the time.Mental/Physical RequirementsThis position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.Visa is an EEO EmployerQualified applicants will receive consideration for employment without regard to race, color religion, sex, national origin, sexual orientation, gender identity, disability or protect veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with the EEOC guidelines and applicable local law.SummaryLocation: US - Foster City, CAType: Full time