Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.
Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We've been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We're proud to be featured on among the fastest growing companies by Y-Combinator.
About the Job At Xendit, we are seeking an experienced FX professional to join our team and drive our foreign exchange operations. This role is a unique opportunity to lead our small FX team, managing several $ billions annually in FX transactions. Your mission is to enhance our FX capabilities, mitigate risks, and optimize financial outcomes, contributing to Xendit's growth and success. You will have a direct impact on our mission by ensuring the efficiency and effectiveness of our FX operations, working closely with cross-functional teams, and driving strategic initiatives.
Minimum Qualifications Extensive experience in FX management with exposure to Asian exotic currencies and global currencies Experience in managing multiple currencies across markets and implementing netting strategies to optimize spread Proven track record of managing large-scale FX transactions and operations Strong understanding of FX markets, instruments, and regulations Excellent analytical, problem-solving, and decision-making skills Experience in implementing new fx tools and processes to drive operational improvements Exceptional communication and leadership abilities Preferred Qualifications Degree in Finance, Business Administration, or a related field Experience in a fintech or payments company operating across borders Knowledge of risk management practices and strategies Familiarity with emerging technologies and trends in the FX space Strong network within the financial services industry Ability to adapt to a fast-paced, dynamic work environment ACT Qualifications or similar professional certifications Responsibilities Lead FX Operations: Manage and oversee Xendit's FX team and dealing activity, ensuring efficient and effective execution of FX transactions Partnership management: Own the relationship with local and regional liquidity partners to optimize for price and margin and for relationship Develop Strategies: Create and implement FX strategies to optimize financial outcomes and mitigate risks Market Analysis: Monitor and analyze FX market trends, identifying opportunities to enhance profitability Team Development: Mentor and develop team members, promoting their professional growth and success Policy Management: Oversee the development and maintenance of FX policies, procedures, and systems Cross-Functional Collaboration: Work closely with other teams to align the FX team with overall business goals Reporting: Provide regular reports and insights to senior management on FX performance and strategy Continuous Improvement: Foster a culture of continuous improvement, innovation, and excellence within the FX team Automation and Efficiency: Work with the product team to automate risk management and funding strategies once proven Do whatever it takes to make Xendit succeed