Senior Treasury FX Manager

We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16‑17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. With our hot coral cards and get‑paid‑early feature, combined with financial education on social media and our award‑winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products – we want to solve problems and change lives through Monzo.

London | £93,500 - £115,000 depending on experience + incentive awards tied to your performance + benefits.

Senior Treasury FX Manager (UK)

We are seeking a high‑impact, technically‑minded Senior Treasury FX Manager to lead the evolution of Monzo’s global FX strategy. This is not a traditional “click‑and‑trade” role; you will be the architectural bridge between Treasury, Data, Product and Engineering squads, building a highly scalable, automated execution environment.

You will oversee Treasury FX risk management and hedging strategies – including the in‑housing of FX to unlock new revenue streams. As we scale, you will design a global, multi‑entity FX framework and drive efficient internal risk aggregation. Additionally, you will support the broader Treasury Markets squad with core structural hedging and liquidity investment management.

Key responsibilities

• Designing and implementing an automated execution environment to optimise netting and minimise hedging costs.
• Developing and maintaining relationships with external liquidity providers to drive efficient pricing and optimal liquidity.
• Architecting data‑driven FX hedging strategies in partnership with Data, Product and Engineering to unlock new revenue streams.
• Taking ownership of the FX execution framework, proposing enhancements to policies, controls and systems.
• Expanding Monzo’s global currency footprint, leading Treasury readiness for new markets and ensuring robust risk controls within a global multi‑entity FX framework.
• Optimising capital efficiency by managing FX exposure against business risk tolerance while supporting FX product growth.
• Partnering directly with Product squads on new FX product launches, and collaborating with Engineering and Data squads to enhance core internal FX capabilities.
• Collaborating with stakeholders across finance, second and third line defence to ensure safe and scalable growth.

We’d love to hear from you if you have

• Demonstrable experience in a high‑paced, high‑flow FX environment (whether at a bank, asset manager, broker or payment company), covering a broad range of currencies.
• Proven proficiency in executing and managing live exposure across spot, forwards, swaps and NDFs.
• A future‑focused mindset, for example interest in how blockchain and distributed ledger technology (DLT) are transforming traditional FX settlement and processes.
• Analytical rigour and forward‑thinking approach, including familiarity with large data analysis and proficiency in a coding language such as Python or SQL is preferred.
• Strategic communication skills, with a demonstrated ability to translate technical Treasury topics for Product and Engineering stakeholders.
• A proactive and forward‑thinking approach to problem‑solving within a rapidly scaling, multi‑entity environment.
• An open and collaborative communication style, thriving in a cross‑functional squad model.
• A relevant professional qualification (CFA is preferred).

Compensation and benefits

£93,500 - £115,000 + incentive awards tied to your performance. Monthly flexible working hours and trust to work sufficient hours for job performance. £1,000 annual learning budget for books, training courses and conferences. Work‑from‑home set‑up with Macbook, and extra support for fully remote workers. In addition, a full benefits package including health, pension, and additional perks (detailed list available).

Application journey

• Call with recruiter (30 minutes)
• Video call with hiring manager (30 minutes)
• Technical video interview with hiring manager and treasury stakeholder (60 minutes)
• Behavioural interview with finance stakeholders (45 minutes)

This process should take around 3‑4 weeks; we promise flexibility with your schedule.

We have guidelines on using artificial intelligence (AI) to ace an application and interview. You can read them here.

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. We’re an equal‑opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We don’t need full or birth names at the application stage.

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