Junior Currency Clerk at Mama Money

About the job

• As a Junior Currency Clerk, you will be responsible for managing exchange rates, sourcing rates from new and existing partners at competitive prices, analysing market trends, and ensuring our pricing remains attractive and profitable. You will work closely with the Currency Manager, Treasury, Finance and internal teams, partners, and data analysts to optimize margins and enhance our forex strategy.

As our Junior Currency Clerk you will;

• Build and strengthen relationships with existing and new partners to gather insights for the most competitive exchange rates managed by the Currency manager.
• Perform ongoing competitor price analysis and monitor exchange rate trends to stay ahead of the market.
• Set foreign exchange pricing for customers and partners, leveraging sourced rates, market movements, and competitor benchmarks.
• Partner with commercial and data teams to analyse Gross Margin and ensure all payouts remain profitable.
• Proactively manage risks associated with exchange rate volatility to maintain healthy margins.
• Act as the primary liaison for internal technical, data, and accounting teams on all matters related to exchange rates.
• Prepare and deliver regular reports on forex margin performance and overall profitability.
• Thrive in, and contribute to a fun, fast-paced, and collaborative team environment.

Experience & qualifications:

• Demonstrated strong analytical skills with a deep understanding of exchange rate dynamics and foreign exchange risk management.
• Excellent negotiation and communication abilities, with a proven track record of building partnerships and securing competitive rates.
• Proficient in financial analysis, with the ability to interpret market trends and provide actionable insights.
• Highly detail-oriented and capable of managing multiple priorities with efficiency and accuracy.
• Strong problem-solving mindset, thriving in fast-paced and dynamic environments.
• Collaborative team player with a proactive approach and a strong sense of ownership.