Head of Markets & Trading

Job Description: At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we’ve tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it’s supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we’re not just here to move money— we’re here to move our global customers forward. We’re looking for builders, reimaginers, and global thinkers who want to work at the intersection of technology, trust, and transformation. If that’s you and you’re ready to do the most meaningful work of your career—we invite you to join over 2,800 passionate Remitlians worldwide who are united by our vision to transform lives with trusted financial services that transcend borders.

This global leadership role is owning Remitly’s Markets and Trading function from either London or New York. You will be responsible for FX execution strategy, liquidity architecture, partner commercials, and the risk management framework that underpins how we price and trade across a global corridor portfolio.

This is not a role for someone who wants to manage steady-state operations. Remitly’s treasury function is a commercial engine — one that directly drives unit economics, enables new product lines, and supports the company’s expansion into new markets. You will be expected to build, improve, and lead, not maintain.

Treasury is a profit centre at Remitly, not a cost centre. The decisions made in this role have direct, measurable impact on revenue, customer pricing, and margin. In recent years, the markets function has contributed tens of millions of dollars in annual value through FX savings, partner renegotiations, and liquidity expansion. The Director who leads this function sets the strategy, owns the outcomes, and has the platform and the mandate to keep pushing those numbers higher.

What You’ll Do

Strategy & Commercial Ownership

Set and execute the multi-year strategy for FX execution, liquidity management, and trading across Remitly’s global corridor portfolio

Lead commercial negotiations with external FX and liquidity partners, driving favourable terms through a combination of market knowledge, relationship depth, and analytical rigour

Identify structural opportunities to improve unit economics — through partner network optimisation, hedging strategy, and execution timing — without passing cost to customers

Own sub-function P&L accountability, with direct line of sight to revenue contribution and margin impact

Markets & Risk Management

Manage FX execution across a diverse, complex portfolio of corridors, balancing cost efficiency with service continuity and risk appetite

Make risk-weighted decisions on execution timing, hedging versus internalisation, and liquidity deployment using a combination of quantitative signals and market judgment

Maintain close awareness of regulatory developments, competitor positioning, and macroeconomic dynamics in key markets — and translate those insights into actionable strategy

Ensure resilience in stressed market conditions through diversified counterparty relationships and robust contingency planning

Cross-functional Leadership

Act as the senior Treasury SME across the business — partnering with Growth, BD, Business Management, and Product to ensure new initiatives are designed with the right pricing, liquidity, and hedging strategies from day one

Translate complex FX and treasury dynamics for non-specialist senior stakeholders, enabling faster and better-informed decisions across the business

Contribute to new product development (including emerging areas such as Store of Value and FX risk solutions) as a subject matter expert and commercial voice

People Leadership & Operational Excellence

Lead, coach, and develop a specialist team of traders and liquidity managers, building capability and a culture of ownership and continuous improvement

Drive adoption of new tools, systems, and ways of working across the sub-function — including automation, AI-assisted analytics, and data infrastructure improvements

Set a high bar for operational discipline: structured reporting, milestone tracking, and executive-level communication that gives leadership full confidence in outcomes

Champion a high-performance, inclusive team environment where people feel empowered to take initiative and raise risk

What We’re Looking For

Essential

Extensive experience in FX trading, treasury markets, or liquidity management within financial services, fintech, or a related industry

Demonstrated track record of delivering commercial outcomes — measurable impact on savings, revenue, or margin through FX and liquidity strategy

Senior-level experience negotiating with external partners and counterparties in FX and/or payments markets

Deep understanding of FX execution mechanics, liquidity risk, hedging strategies, and the unit economics of cross-border payments

Experience leading and developing high-performing specialist teams

Strong communicator: able to make complex treasury concepts accessible and compelling for non-specialist executive audiences

Proven ability to operate with pace and judgment in volatile or ambiguous market conditions

Highly Valued

Experience across emerging markets, particularly Africa, South Asia, or Southeast Asia, where liquidity is thinner and market dynamics are more complex

Familiarity with cross-border payments infrastructure, payout networks, and the regulatory environment across key remittance corridors

Experience working with or contributing to data science, ML, or automation initiatives in a treasury or trading context

Appetite to engage with AI-powered tools and workflow automation as part of how you and your team operate

Previous experience at Director level or demonstrably operating at that scope within a senior manager role

Character

Genuinely open to change — you see new tools, new approaches, and new ways of working as an advantage, not a threat

High ownership: you don’t wait to be asked; you track, report, and escalate proactively

Data-driven with a bias for action: you move on evidence, but you move

Collaborative and commercially minded in equal measure

Comfortable being the person in the room who knows most about their domain, and comfortable making that knowledge useful to others

Our Benefits:

Paid Vacation Days

Health insurance

Commuter benefit

Employee Stock Purchase Plan (ESPP)

Mental Health & Family Forming Benefits

Continuing education and corridor travel benefits

Our Connected Work Culture: Driving Innovation, Together

At Remitly, we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration, where ideas ignite and challenging problems find solutions faster. For corporate team members, we have an in-office expectation of at least 50% of the time monthly, typically achieved by coming in three days a week. This creates a consistent, meaningful overlap that supports team norms and business needs. Managers also have the flexibility to set higher expectations based on their team's specific needs. These intentional in-office moments are vital for deepening relationships, fueling creativity, and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly, we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates, in full compliance with applicable laws and regulations.