Finance
Senior Treasury FX Analyst
Senior Treasury Analyst – Denver, CO
Are you confident in your ability to interact with a range of internal and external stakeholders on complex treasury matters? Can you help the team identify better, more efficient ways to work? Are you interested in joining a globally diverse organization where our unique contributions are recognized and celebrated, allowing each of us to thrive? Join Western Union as a Senior Treasury Analyst.
Western Union powers your pursuit.
This is a key position within the company, responsible for the execution of Western Union’s foreign exchange risk management programs and ensuring we have the right currency in the right place at the right time to meet the needs of our dynamic customer base.
This position will assist with the management of our FX hedging programs. The team is responsible for monitoring and hedging foreign currency exposures that arise from our core money transfer business. The Analyst will also monitor global wholesale foreign exchange markets to ensure we have accurate and timely FX rates within our core pricing systems.
Role Responsibilities
- Implementation and management of currency hedging programs for new product and service offerings
- Help manage all foreign exchange bank relationships and ensure efficient sourcing of foreign currencies
- Forecast underlying currency needs and ensure proper funding is in place to facilitate consumer transactions
- Manage and benchmark the wholesale FX rates used to price consumer money transfers
- The role will involve interaction with key stakeholder groups including regional business teams, corporate and settlement accounting teams, and technology teams
- Support internal and external stakeholder groups and provide education regarding foreign exchange markets, and risk hedging programs
- Ensure compliance with all key SOX controls
- Help maintain group policies and procedures governing FX risk management
- Ensure compliance with all global derivative regulatory frameworks (examples include Dodd Frank and EMIR)
- Work in close cooperation with Legal and Business teams to ensure compliance with local currency regulations and capital controls
- Help configure and maintain information in corporate Treasury Workstation
- Leverage automation and process improvement tools (e.g. Power Automate, Alteryx, etc) to optimize FX risk hedging, reduce manual work, and minimize errors
- Develop deep understanding of Western Union pricing and settlement mechanics to assist business teams and other stakeholders address complex ad hoc queries and issues
- Create and distribute various FX reports to key stakeholder groups
Requirements
- Bachelor’s degree in business, finance, or related subject matter.
- Demonstrated critical thinking and evaluation skills
- Strong leadership, problem solving, relationship management, and communication skills
- Ability to manage multiple priorities and deadlines
- Strong math skills and an ability to make decisions under time constraints and with incomplete information are also key
- Strong attention to detail
- Good understanding of foreign exchange markets and hedging instruments preferred
We make financial services accessible to humans everywhere. Join us for what’s next.
Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.
Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/
Salary
The base salary range is $79,000 – 95,000 per year. Total on target compensation includes a base salary and short-term (10% of base) incentives that align with individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.
Benefits
You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.
Your United States – Specific Benefits Include
- Family First Program
- Time off
- Medical, Dental and Life Insurance
- Student Loan Repayment Program
- Tuition Assistance Program
- Parental Leave
Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.
Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.
We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.
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Estimated Job Posting End Date:
12-13-2024
This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.
About Western Union
Western Union Company is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.