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Description
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Corporate Treasury Overview:Corporate Treasury is hiring a manager for our foreign exchange team. The foreign exchange team plays an integral role in managing FX risk associated with Mastercard's global revenues, expenses, asset and liability positions, daily cross border settlements, and investments.
This is a high visibility role offering opportunities for the successful candidate to manage global FX exposures, directly support Mastercard's cross-border business, bring an FX perspective to cross-functional projects, and optimize processes. A key part of this role involves partnering with the broader Corporate Finance function in the execution of hedging activities and special projects.
Role:
As a member of the foreign exchange team, you will:
• Determine and execute FX trades to support Mastercard's cross border business
• Publish FX rates utilized globally to authorize cross border transactions
• Manage a portfolio of FX derivatives, including preparing hedging strategy recommendations, executing the approved strategy, and completing managerial and regulatory reporting
• Manage relationships with FX trading counterparties and outside vendors
• Support other functions (e.g. financial planning & analysis, technical accounting, settlements, and product) with FX analysis
• Lead special projects as needed
• Review SEC disclosures related to foreign currency derivatives
• Ensure compliance activities are performed according to Mastercard policies and Sarbanes-Oxley controls; support internal and external audits
About You:
• Knowledge of accounting concepts including hedge accounting, mark-to-market, balance sheet remeasurement, and SEC disclosures
• Proven ability to define problems, collect data, establish facts, and draw valid conclusions
• Strong knowledge of internal controls and experience as a control process owner
• Creates positive team environment and supports collaboration to produce outstanding results
• Excellent analytical and problem-solving skills; experienced with MS Excel and PowerPoint
• Ability to prioritize work; manage projects in addition to day-to-day responsibilities
• Experience delivering presentations and engaging with senior leadership
• Successfully drive and integrate change; cultivate a continuous improvement culture
• Bachelor's degree or equivalent qualification. Advanced degree or MBA preferred
• Prior FX risk management, corporate treasury, accounting, or financial planning experience is preferred Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard's security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.
Pay Ranges
Purchase, New York: $129,000 - $206,000 USDApply on company website