Treasury FX/Funding – Analyst

Job Description:

Remitly’s 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 2,700 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.

Remitly is on a mission to transform the lives of immigrants and their families by providing the most trusted financial products and services on the planet. Since 2011, we have been tirelessly delivering on our promises to immigrants sending their hard earned money home. Today, we are incredibly proud to have served millions of customers globally with Remitly. We strive daily to meet our promise to our customers by building peace of mind into everything we do. Join over 2,200 employees across 8 offices who are growing their careers while having a positive impact on people globally.

Team Remitly is a digital international money transfer company united through our mission - to tirelessly deliver on our promise to immigrants sending money across the world. We do this by providing immigrants and their families the most trusted financial service products on the planet.

The treasury team is uniquely positioned in the center of processing Remitly’s global transaction flows, with responsibility over FX inventory purchases and delivery of funds to destination partners for our customers. The ideal candidate will possess the skills and experience needed to assist our ongoing efforts to build out and manage a scalable and efficient global treasury FX trading and funding function. Remitly is a unique and dynamic work environment with extraordinary business growth which is perfect for an energetic candidate looking for an exciting challenge and career opportunity.

You Will:

• Execute and confirm foreign exchange (FX) trades on behalf of Remitly with precision.

• Implement risk management strategies utilizing both cash and derivatives.

• Foster and maintain liquidity relationships while collaborating closely with the business development team.

• Generate FX trade recommendations and execute trades to enhance local liquidity, minimize FX costs, and manage FX exposure effectively.

• Partner with data analytics to establish key metrics and reporting frameworks.

• Conduct analysis and reporting of FX trading and funding activities in relation to established targets.

• Monitor and enhance a comprehensive set of policies to create a robust internal control environment that safeguards assets and reduces the risk of errors.

• Identify, propose, and support the implementation of innovative technologies, products, and services designed to improve FX trading and funding, in collaboration with a dedicated treasury engineering team.

• Execute daily forecasting process to determine FX receipts and FX funding needed (by country/partner) in disbursement network for $10+ billion annualized transaction volumes in over 100 different currencies

You Have:

• 1+ years of solid global treasury foreign exchange management experience

• Previous experience trading emerging markets currencies and/or remittance industry 

• You acquire and synthesize complex datasets to support recommendations and conclusions to treasury leadership

• Strong understanding of accounting processes and concepts

• Bachelor’s degree in Accounting, Finance, Economics, Business, or a related field

• Profession certification (CFA, CTP, or CPA) a plus

Our Benefits:

• Rice Allowance
• Transportation Allowance
• Paid Vacation
• Medical, Dental & Vision
• Accident and Life Insurance
• Employee Stock Purchase Plan (ESPP)
• Mental Health & Family Forming Benefits

We 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 discharge/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.