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  • Posted: Feb 14, 2024
    Deadline: Not specified
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    Mama Money is an innovative, rapidly growing tech company and the worlds first Social Business Money Transfer Operator. An ethical fintech organisation, with a focus on financial inclusion, we are specifically focused on those who are often excluded and unable to take part in the financial landscape. While Mama Money has all the bells and whistles of a fi...
    Read more about this company

     

    Currency Manager - Cape Town

    As our Currency Manager you will:

    • Engage with existing and new partners to source the most competitive exchange rates 
    • Where we have our own cash-out network, you will sourcing cash from local partners at competitive rates
    • Perform competitor price analysis - pricing and exchange rates
    • Set the foreign exchange pricing to our customers and partners, based on the source rates you have managed to secure, competitor pricing and market analysis
    • Work with commercial and data teams to review Gross Margin to ensure profitability for every payout 
    • Manage the risks of exchange rate volatility while ensuring profitability
    • Renegotiate fees with pay-in and payout (aggregators) partners
    • Be the point person for our internal technical, data and accounting teams on all exchange rates related matters. 
    • Prepare reports on forex margin and profitability 
    • In your first 90 days at Mama Money you will:
    • Review all existing commercials
    • Get an understanding of the pricing landscape
    • Understand gross margin per corridor
    • Getting an understanding of levers, and sensitivity in each corridor - pricing, forex margins

    About you:

    • You are comfortable and willing to work in a fast-paced, growing, and changing environment
    • You demonstrate effective problem solving ability with strong analytical and critical thinking
    • You are able to self-manage and take ownership of your work, with good organizational and time management skills
    • You work effectively with people at all levels in the business
    • You have excellent communication skills; able to present complex ideas simply, in writing, visually, and verbally
    • You have experience in currency trading 
    • You have experience in product pricing

    It would be a bonus if:

    • You have worked within the fintech space or at a rapidly scaling startup

    Method of Application

    Interested and qualified? Go to Mama Money on jobs.lever.co to apply

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