TerraPay
Website:
terrapay.com
Job details:
Team Lead – Forex Operations
Location: Bangalore, Hebbal, India
Experience: 4–8 years
About the Company
Terrapay is a global payments company focused on enabling cross-border money movement across markets and currencies. The business operates in a complex financial environment where reliability, liquidity control, partner coordination, and strong governance are essential to keeping payment flows efficient and commercially sustainable. It works across multiple corridors and collaborates closely with banking and payout partners to support international transactions. The organization values disciplined operations, financial control, and continuous improvement in how money moves across borders.
About the Role
The Team Lead – Forex Operations owns daily FX execution, pricing discipline, liquidity readiness, and treasury control across multiple currencies and corridors. The role turns market movement, settlement requirements, and funding constraints into practical pricing and liquidity decisions that protect margin and support reliable operations. It also leads Forex Analysts, sets clear performance standards, and serves as the primary escalation point for FX and funding issues. The position works closely with Treasury, Finance, Operations, Product, Network, Banking Partners, and Management to improve profitability, reduce risk, and strengthen process control.
Key Responsibilities
- Own FX pricing across corridors and currencies so trades remain competitive, controlled, and aligned to target margins. Use market movement, corridor economics, and spread performance to improve profitability.
- Manage liquidity and funding positions across bank accounts, nostros, and partner arrangements so settlement obligations are met without unnecessary cost or exposure.
- Review corridor and partner profitability using FX revenue, transaction fees, transaction volumes, and credit utilization. Translate findings into actions that improve returns and reduce underperforming routes.
- Lead, coach, and develop Forex Analysts so the team has clear coverage, performance standards, and accountability for daily execution and escalation handling.
- Monitor FX exposure, treasury limits, and control requirements so risk stays within approved thresholds and audit or compliance observations are addressed quickly.
- Build strong working relationships with banking partners, liquidity providers, and payout partners so pricing, credit, and funding discussions support business needs.
- Deliver daily treasury and FX reporting and management dashboards so senior leaders can track liquidity, revenue, and operational performance with clarity.
- Drive automation and standardization of reconciliation, settlement, and reporting workflows so operations become faster, cleaner, and easier to govern.
Essential Skills & Technologies
- Strong understanding of FX markets, treasury operations, and corridor-based pricing so decisions improve both reliability and commercial performance.
- Practical experience with liquidity management, funding structures, prefunding, and credit utilization so cash availability is maintained across active corridors.
- Working knowledge of deal-based, time-based, and streaming FX models so the right execution approach is used for each flow type.
- Strong commercial judgement to balance competitiveness, margin protection, and corridor profitability when market conditions shift.
- Proven people leadership skills so analysts receive clear direction, coaching, and performance management in a high-pressure operations setting.
- Advanced Excel and financial analysis ability so reporting, profitability review, and scenario analysis are accurate and decision-ready.
- Strong communication and negotiation skills so internal stakeholders and external partners can resolve funding, pricing, and settlement issues quickly.
Additional Plus
- Exposure to treasury management systems, pricing engines, or automation initiatives that reduce manual work and improve control.
- Familiarity with banking partner onboarding, commercial discussions, and cross-functional financial operations in payments or fintech environments.
- Professional certifications such as MBA, CFA, FRM, or ACT Treasury Certification, if used to deepen treasury and risk thinking.
What You'll Bring
- A track record of protecting margin while keeping FX execution reliable, timely, and commercially competitive across multiple corridors.
- The ability to manage liquidity, funding, and partner dependencies with calm judgment when operational pressure is high.
- Leadership that creates accountability, builds analyst capability, and keeps the team focused on measurable business outcomes.
- A disciplined approach to controls, reporting, and stakeholder communication so leadership has a clear view of risk, performance, and action needed.
Why Join Us
You will join a business where FX operations directly shape transaction reliability, liquidity efficiency, and corridor profitability. The work sits at the intersection of treasury, operations, and commercial decision-making, so the impact of strong execution is visible in both day-to-day stability and long-term business performance. This role offers the chance to lead a team, strengthen controls, and improve how complex cross-border flows are priced and funded. If you enjoy solving operational problems with a commercial lens and want ownership over outcomes that matter to senior leadership, this role gives you a clear platform to do that.
What We Offer
- Ownership of a business-critical FX and treasury function where your decisions affect profitability, liquidity, and operational continuity.
- A cross-functional environment with exposure to Treasury, Finance, Operations, Product, Network, and external banking partners.
- The opportunity to improve processes, introduce automation, and leave the function stronger than you found it.
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