Manager, Treasury Markets (FX)

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Company Description

We're Checkout.com - you might not know our name, but we're behind many of the digital experiences people use every day.

When you book a holiday, order food, renew a subscription or check out online with brands like Spotify, Klarna, Uber Eats, TikTok, Sony, or eBay, there's a good chance our technology powers the payment behind the scenes.

At Checkout.com, we're building where the world checks out - enabling over ten billion transactions every year for more than one billion shoppers globally. Our platform helps the world's most ambitious businesses deliver seamless digital experiences at scale.

We're also building a company designed for people who want to do career-defining work. We move fast, think globally, and believe great teams are built by hiring exceptional people with conviction, curiosity, and a focus on impact.

With 20 offices across six continents and London as our HQ, we're shaping the future of fintech and we're just getting started.

Checkout.com is seeking a talented Treasury Markets Manager to join our Treasury team, based in London. The successful candidate will be working on the buildout / enhancement and execution of market risk management capabilities for the firm. In response to the continued scaling and expansion of Checkout.com in terms of volume, geographic footprint, payment methods, currencies supported, and product diversity, you will be contributing to the implementation of a Treasury market risk management framework, monitoring and managing these risks and providing best in class execution.

About You

• 7-10 years of treasury/markets experience
• Market facing/execution experience in FX, Money Markets, HQLA management, Cash Management
• Understanding of Treasury market risks (FX, interest rate)
• Experience of market risk management frameworks
• Quantitative and analytical skills, including modeling skills
• Strong communication skills and an ability to build and leverage cross-functional relationships
• Good understanding of Treasury concepts and how they impact Treasury Markets
• Willingness to work with Payments, Analytics, Liquidity teams within Treasury as well as other teams such Accounting, New Projects, Product teams. This will also include working with Regional Treasury teams in APAC, MENA and US.
• Experience and desire in setting up Treasury investment infrastructure (risk, systems,negotiating with external counterparties)
• Experience of working through change and implementing new processes
• Attention to detail and proactivity are essential.
• Basic knowledge of regulatory frameworks, including either banking or EMI/PI regulations

What You Will Be Doing

• Support in all aspects of the day to day monitoring, analysis and management of the legal entities and regional Treasury market risks (primarily FX, and interest rate risk), that are incurred by Checkout.com in the ordinary course of business
• Implement and execute hedging/trading strategies, supporting management of cash flows by currency
• Execute external market facing transactions (FX execution, Cash deployment, HQLA portfolio management, Money markets, etc), managing within structural limits and as per parameters outlined by Treasury mandates
• Ensure end to end trade execution including exchanging trade confirms and ensuring appropriate follow up with counterparties / middle office teams to ensure settlement
• Ensure Treasury contribution to the profitability of Checkout.com
• Enhance the Treasury Markets infrastructure for the team including setting up trading counterparties, document negotiation along with legal, enhancing existing risk management / product capabilities.
• Understand current business model and payment flows, to understand and identify market risks to help design and implement a market risk management framework
• Contribute to the design and set up of MI reports, procedures and controls to mitigate/manage these risks
• Support documentation of policies and procedures associated with the above
• Participate in new product and expansion initiatives including testing and implementing process
• Maintain close awareness of market conditions by reading market reports and interacting with market counterparties
• Produce management information on Treasury P&L & analysis of drivers

Additional Information

Bring all of you to work

We create the conditions for high performers to thrive, through real ownership, fewer blockers, and work that makes a difference from day one.

Here, you'll move fast, take on meaningful challenges, and be recognized for the impact you deliver. It's a place where ambition gets met with opportunity, and where your growth is in your hands.

We work as one team, and we back each other to succeed. So whatever your background or identity, if you're ready to grow and make a difference, you'll be right at home here.

It's important we set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable.

Life at Checkout.com

We understand that work is just one part of your life. Our hybrid working model offers flexibility, with three days per week in the office to support collaboration and connection.

Curious about what it's like to be part of our team? Visit our Careers Page to learn more about our culture, open roles, and what drives us.

For a closer look at daily life at Checkout.com, follow us on LinkedIn and Instagram