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

Foreign Exchange 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:

• Lead and manage cross-functional projects to ensure successful delivery of treasury and foreign exchange initiatives
• Analyze initiatives across the globe to determine any FX impacts; design and implement appropriate hedging solutions
• Develop detailed project plans, including timelines, milestones, and resource allocation
• Proactively identify and initiate projects that capitalize on favorable market conditions and improve operational performance
• Prepare and present project status reports to senior management
• Determine and execute FX trades to support Mastercard’s cross border business and manage global FX risk; drive hedging strategies
• 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
• Review SEC disclosures related to foreign currency derivatives
• Sarbanes-Oxley controls; support internal and external audits

All About You:

• Proven experience in project management, with a track record of successfully leading and delivering complex projects on time and within budget
• Strong leadership abilities, with experience in guiding cross-functional teams and fostering a collaborative work environment
• Strong problem-solving skills, with the ability to anticipate challenges and develop effective solutions
• Excellent communication skills, both written and verbal, with the ability to clearly articulate project goals, expectations, and progress to stakeholders
• Proven ability to define problems, collect data, establish facts, and draw valid conclusions
• Knowledge of accounting concepts including hedge accounting, mark-to-market, balance sheet remeasurement, and SEC disclosures
• Strong knowledge of internal controls and experience as a control process owner
• Excellent analytical and problem-solving skills; experienced with MS Excel and PowerPoint
• Experience delivering presentations and engaging with senior leadership
• Successfully drive and integrate change; cultivate a continuous improvement culture
• MBA or equivalent qualification preferred
• Prior FX risk management, corporate treasury, accounting, or financial planning & analysis 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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges

Purchase, New York: $137,000 - $218,000 USD