Job Description

Job title: FX Officer

Reports to: FX Manager

Location: India

Context of the role

The Treasury team is responsible for all aspects of International Cash & Liquidity Management, Cashflow forecasting, Working Capital management and Foreign Exchange. The Treasury department is a friendly team-based environment that values interaction and exchange of ideas and knowledge.

The FX Officer role is a remote role to be based in India, reporting to the FX Manager in Nairobi, and working closely with the rest of the team in Singapore, Beijing, Barcelona, Athens, Nairobi and Ecuador.

It is an exciting time to join the team for any professionals willing to progress their career.

Position, purpose & key responsibilities

• FX Execution Trading
  • Manage FX execution flow for key South Asian and select African markets, focused primarily on India, Pakistan and Bangladesh.
  • Monitor local market conditions and competitor pricing to assure Thunes remains competitive while controlling FX exposures.
  • Assist the Operations team with the daily forecast for key corridors, focusing on India.
  • Daily reconciliation of trades executed to ensure completeness on both buy and sell side.

• FX Technology and Systems
  • Work with the Treasury Product Owner and Development Teams to maintain the end-to-end flow of the FX trading process.
  • Provide suggestions to enhance the FX systems, monitoring and procedures required to make FX operations more scalable and to assure an excellent user experience for partners as well as the various Thunes teams.

• FX and Banking Partnerships
  • Assess FX market conditions and rate regimes and controls in countries where Thunes operates.
  • Identify and help onboard new banks and FX partners to help improve both FX costs and flow of funds where feasible.

Experience & technical skills required

• The candidate will have 5+ years of experience in a Treasury or similar role with exposure to FX trade execution and processing for a cross-border payments business. Advanced knowledge of the Indian Rupee market is required.
• Strong interest in FX global financial markets with knowledge of market fundamentals and market analysis.
• Experience with FX systems, reporting and FX performance analysis.
• The role will require part-time work on weekends and holidays; weekday schedules will be adjusted to compensate accordingly.

About you

• You possess a strong understanding of cash management, foreign exchange, and trade finance.
• You are highly motivated with excellent analytical and problem-solving skills.
• You can thrive in a fast-paced multi-cultural fintech environment.
• You are a team player who can collaborate effectively across different teams and with external partners.
• You have excellent communication skills, a curious mindset, and an innovative approach to challenges.
• You thrive in a fast-paced, multicultural fintech environment.

About Thunes

Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies.

Thunes’ network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more.

Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the network receive unrivaled speed, control, visibility, protection and cost efficiencies when making real-time payments, globally.

Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks.

Headquartered in Singapore, Thunes has offices in 14 locations, including Abidjan, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai.For more information, visit: https://www.thunes.com/