This is a key position within the company responsible for the execution of Western Union’s foreign exchange risk management programs and assuring we have the right currency in the right place at the right time to service the needs of our dynamic customer base.
This position will be responsible for the daily management of our FX hedging programs. The team is responsible for monitoring and hedging foreign currency exposures that arise from our core money transfer business. The Analyst will also be responsible for monitoring global wholesale foreign exchange markets to ensure we have accurate and timely FX rates within our core pricing systems.
Role Responsibilities
Implementation and management of currency hedging programs for new product and service offerings
Help manage all foreign exchange bank relationships and ensure efficient sourcing of foreign currencies
Forecast underlying currency needs and ensure proper funding is in place to facilitate consumer transactions
Manage and benchmark the wholesale FX rates used to price consumer money transfers
The role will involve interaction with key stakeholder groups including regional business teams, corporate and settlement accounting teams, and technology teams
Support internal and external stakeholder groups and provide education regarding foreign exchange markets, and risk hedging programs
Ensure compliance with all key SOX controls
Help maintain group policies and procedures governing FX risk management
Ensure compliance with all global derivative regulatory frameworks (examples include Dodd Frank and EMIR)
Work in close cooperation with Legal and Business teams to ensure compliance with local currency regulations and capital controls
Help configure and maintain information in corporate Treasury Workstation
Leverage automation and process improvement tools (e.g. Power Automate, Alteryx, etc) to optimize FX risk hedging, reduce manual work, and minimize errors
Develop deep understanding of Western Union pricing and settlement mechanics to assist business teams and other stakeholders address complex ad hoc queries and issues
Create and distribute various FX reports to key stakeholder groups
Role Requirements
Bachelor’s degree in business, finance, or related subject matter.
Must have experience and firm understanding of foreign exchange markets and hedging instruments
Demonstrated critical thinking and evaluation skills
Strong leadership, problem solving, relationship management, and communication skills
Ability to manage multiple priorities and deadlines
Strong math skills and an ability to make decisions under time constraints are also key
Strong attention to detail
Applicants must be currently authorized to work in the United States on a full-time basis. Western Union will not sponsor applicants for work visas for this position.
Work Shift
HYBRID - Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.
BENEFITS AND OTHER DETAILS
Benefits
You will also have access to short-term incentives, multiple health insurance options, accident and life
insurance, and access to best-in-class development platforms, to name a few. Please see the benefits below specific to your country. If applicable, additional role-specific benefits will be mentioned during your interview process or in an offer of employment.
Your United States specific benefits include:
Paid Time off
Medical, Dental and Life Insurance
Parental Leave
Global Adoption Assistance
4% Western Union Contribution to 401K
For residents of Colorado, California, Connecticut, Delaware, Minnesota, and Pennsylvania: Please do not respond to any questions on this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.
Salary
Annual base salary range is $90,000 to 100,000 USD per year. Total on-target compensation includes a base salary and short-term and long-term incentives that align with individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.
Other Details
We are passionate about honoring our employee's identity and fostering a feeling of belonging. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.
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Estimated Job Posting End Date:
05-18-2026This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.