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Senior FX and Liquidity Manager

Vitesse PSP

Vitesse PSP

London, UK
Posted on Feb 25, 2025

You will be leading Vitesse’s FX & Liquidity team within Operations and will be responsible for all FX processing, team management & liquidity positioning. The role is newly created within the team and includes oversight of processes within the processing vertical and comes we a strong requirement to work closely with peers in Operations and stakeholders across all facets of the business

Responsibilities:

  • Develop the team through training and leverage existing FX Operations knowledge of processes and controls to drive improvement with Vitesse's inhouse expertise.
  • Responsible for the trade life cycle process for all FX trades; internal and client OTC.
  • Serve as the FX SME for several internal stakeholder groups, including, but not limited to; Operations, Finance, Risk and Control, & Commercial.
  • Act as a Senior Leader within Operations, providing knowledge and advice on FX and liquidity management, offering input for potential front-to-back Operations improvements.
  • Working closely with Operations peers to ensure efficient process interactions between payments & reconciliations.
  • Leadership and day-to-day management of the London based team, with potential to grow the footprint in line with Vitesse's growth.
  • Take overall responsibility for relationships with Vitesse’s FX partners.
  • Lead and develop future enhancements of Vitesse's FX and Liquidity systems.
  • Work as a proactive member of the Operations management team fostering good relationships and demanding robust processes throughout the business for maximum control and transparency
  • Improving our systems to further embed control into existing processes, while enabling scalability.
  • Management of Vitesse's global liquidity positioning, ensuring funding is appropriate to meet payout demand and within accepted bank / partner thresholds.
  • Optimise cash positioning across network to free up e money balances for alternative use.
  • Build out and maintain reporting suite covering all aspects of FX & Liquidity Operations.

WHAT YOU NEED TO SUCCEED

This role would suit someone with an established background in FX operations, Settlements or Middle Office roles gained from a financial services environment. The candidate must be a self-starter and have a resilient mindset. Experience from financial services or a Corporate Treasury background is a must. The individual must be comfortable managing and driving a team.

  • Minimum of 7 years direct experience of Payments & FX Operations (or suitable experience from Corporate Treasury), 4 years at a senior level, with a proven history of changing existing processes to align to industry best practices.
  • Experience with all aspects of Foreign Exchange, including, Spot, Forwards, & OTC.
  • Advanced knowledge of international payments schemes a plus.
  • Cash management experience a must, gained from Financial Services or a Corporate Treasury role.
  • At least 3 years’ experience of managing a team, with a focus on the training and development of employees.
  • Experience with rolling out new systems, improving processes and controls is also essential.
  • A working knowledge of regulations, including reconciliations and safeguarding is desirable
  • Using 3rd party FX tools and platforms highly desirable, including integration into internal systems.
  • Knowledge of reporting and development of linked KRI’s / KPI’s a must have.
    • 25 days Holiday per year (increasing by 1 day per years' service, up to 30 days) + Bank Holidays
    • Hybrid working arrangements – minimum 2 days in the office, Tuesday - Thursday
    • Contributory pension scheme
    • Enhanced Parental leave
    • Cycle to Work Scheme
    • Private Medical Insurance with AXA
    • Unlimited access to therapy sessions through our partner, Oliva
    • Discounted Gym membership through Gympass
    • Financial Coaching with Octopus Wealth
    • 2 days of volunteering leave per year
    • Sabbatical after 5 years’ service
    • Life Assurance - MetLife (UK employees only)
    • Ongoing Learning and Development to support you reach your career goals

We are Vitesse – the payment provider of choice for the insurance and treasury industry.

Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA regulated payments business that is driven to be the payment partner of choice for the insurance market, by providing global payment services and treasury optimisation. Operating one of the largest domestic banking and payment settlement networks in the world, we give our customers direct access to more than 170 countries and territories, covering over 110 currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds, delivering a better customer experience to their claimants. Our market-leading treasury optimisation service brings complete control and transparency to insurers and allows them to have their money in the right place, at the right time, to make that all important payment - fast, and when their customers need it most.

With now over 160 employees across Europe and our London headquarters, $26m series B funding in 2022 in the bag and approaching £8bn in processed transactions, we are only just getting started.

We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference.

As we continue to scale up, we want like-minded humans to join us on this exciting journey. Are you ready?

Vitesse at our best – our values

The Vitesse values are a true reflection of what it takes to thrive in our business, so it’s important to us that any employee who joins our business is aligned with these 3 attributes

Confident Humility

We don’t do ego and we know that unless we all win, none of us win. We admit when we’re wrong, ask for help and always think about the wider business before ourselves.

Driven to Succeed

We see the opportunity ahead of us and we won’t stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our customers.

Tenacious Responsibility

We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity.

We are an Equal Opportunity Employer We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.