Manager, eFX Trader

About Us
Visa 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 Description

Team Summary

The 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 risk

What 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 limits
• Collaborate closely with the data and risk teams to implement and monitor the current eFX strategic design
• Engage with the relevant teams to support FX product design and configuration, operating successfully within a continual improvement delivery cycle framework
• Support the implementation of the roadmap for eFX Trading product and deliver the business OKRs relating to financial targets, client delivery, risk and controls
• Responsible in the day-to-day management of liquidity providers and collaborate with global sales and product teams to drive the client agenda
  

This 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 Visa

This 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.

Qualifications

Basic 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 PhD

• 5+ years' experience in an FX role. This can be within trading, sales or product

• To 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 trading

• An 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 relevant

• Knowledge and understanding of payment rails, ecosystem and infrastructure

• Excellent interpersonal skills with a proactive / business-building aptitude

• Ability to conceptualize solutions, to deliver and execute on them

• A pragmatic approach to apply prioritization whilst still thinking creatively on project work

• A team player who can collaborate and communicate with diverse stakeholders

Preferred 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 PhD
• Previous experience in eFX trading infrastructure, API connectivity, GUI and stream configuration is a plus.
• Knowledge and understanding of eFX pricing and risk management strategies

Projects 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 Only

Work Hours

Varies upon the needs of the department.

Travel Requirements

This position requires travel 5-10% of the time.

Mental/Physical Requirements

This 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 Employer