Head of FX, Africa

Job DescriptionRemitlys vision is to transform lives with trusted financial services that transcend borders. Since 2011 we have been tirelessly delivering on our promises to people who send money around the world. Today we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need no matter where they call home. Join over 2700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.About the RoleThe Treasury team is uniquely positioned in the center of processing Remitlys global transaction flows and enabling business growth. Remitly is a unique work environment with extraordinary business growth which is perfect for someone looking for an exciting challenge and career opportunity.The ideal candidate will use their skills and experience needed to lead our ongoing efforts to build and manage a scalable and efficient Treasury FX Trading and Funding function within the Africa region.You WillEngage in trading across multiple currencies in the Africa region managing the complexities and risks associated with exotic currency pairsIdentify and engage new partners to enhance liquidity in the Africa region. Continuously manage relationships with partners within the areaPartner with the Business Development team in commercial negotiations by leveraging local market insightsNegotiate favorable FX spreads with counterparties ensuring fair pricing and cost controlRegulatory Changes: Continuously assess the impact of changes in regulation and implement necessary adjustments to maintain complianceCollaborate with local finance and product leaders to deliver strategic local insights on fund flows funding strategies and market conditionsCoordinate and partner with other trading desks located around the globe to ensure alignment on trading strategies risk management and liquidity sourcing across regions.You Have8-15 years of experience in FX trading treasury management or financial services with a focus on African marketsDeep understanding of the African FX ecosystem including regulatory environments market trends and key playersProven track record in building and maintaining relationships with banks financial institutions and other partners in the regionStrong negotiation skills to secure optimal pricing and access to funding sourcesExpertise in managing FX risk and implementing effective hedging strategiesKnowledge of regulatory compliance requirements for remittance and FX operations in African countriesFluency English; French language skills highly desirableStrong leadership and communication skills to collaborate with cross-functional teams and represent Remitly to external partnersAbility to thrive in a fast-paced dynamic environment and adapt to rapidly changing market conditionsFamiliarity with emerging trends in digital payments and fintech innovations in AfricaBachelors degree in Finance Economics or related field; MBA or relevant advanced degree preferredOur BenefitsPaid Vacation DaysHealth insuranceCommuter benefitEmployee Stock Purchase Plan (ESPP)Mental Health & Family Forming BenefitsContinuing education and corridor travel benefitsRequired ExperienceDirectorEqual Opportunity StatementWe are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharged/veteran pregnancy (including a woman's potential to get pregnant, pregnancy-related conditions and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information status as an actual or perceived victim of domestic violence, sexual assault or stalking or any other protected class as established by law.Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.#J-18808-Ljbffr