Klarna was founded in Stockholm, Sweden in 2005. Since then we’ve changed the banking industry forever. And now we’re creating the world’s smoothest shopping experience. We serve over 90 million consumers worldwide, and partner with 250,000 merchants with a new merchant joining us every 8 minutes. Including some of the world’s leading brands, such as H&M, ASOS, IKEA, Adidas, Samsung and Lufthansa. Our offices are spread over 17 different markets, hosted by 4000+ employees from 100+ nationalities.
Klarnas Treasury is responsible for providing Klarna with the right amount of funding and capital to grow at light speed at the same time as managing the liquidity and financial risks. To manage liquidity and financial risk we carry out daily transactions in the FX and fixed income market. We are also issuing bonds and commercial papers. Klarnas’ growth into new markets generates more currency exposure. More currency exposure means more FX transactions. We are now planning to start using FX options and automate how we trade FX.
What will you do
You will be our expert in FX-automation and electronic trading of FX. You will develop the functionality and lead the implementation. You will be a part of the team Investment and Exposures within Treasury. They are responsible for the management of Klarnas interest rate risk, FX risk and management of the liquidity portfolio. The team calculates the LCR (Liquidity Coverage Ratio) and the FX exposure on a daily basis. The team is also responsible for calculating the interest rate risk; Net Interest Income and Economic Value. To adjust the interest rate risk and FX exposure the team carries out daily transactions in the fixed income and FX market. As the complexity of our products increases we are looking for a person with extensive experience of FX automation and is capable of data manipulation, modeling (SQL, VBA, Python). You will also be a part of doing the daily routines.
At Treasury you will work with
Develop and improve the full value-chain for our FX activities with the goal to increase our degree of automation in our processes.
Develop and execute strategy for FX hedging and FX-options
Manage FX risk and interest rate risk and the liquidity portfolio
Be a speaking partner in different projects in matters regarding FX and interest rate risk
Who you are
Klarna is looking for ambitious people with a significant drive! You should enjoy a dynamic and international working environment
You have strong attention to detail while not forgetting the overall strategy
Humble and easy going personality that thrives in an open environment
You love to be a part of a dedicated team and open to new ideas
You strive to find what is best for Klarna
At Klarna we embrace change, you should dare to challenge the status quo and be persistent
You should have
You possess a university degree within engineering, economics or finance and have a strong interest in the financial markets and how they work
Applicable 5 years- work experience from FX execution, FX automation and FX hedging.
Previous experience from automation of processes in the Front office field of work
Previous experience from working with FX offering and strategy within the payment sector is a plus
Understanding of how to perform data extraction and manipulation, as well as programming languages is a plus
Experience of Qlikview/sense is a plus
Klarna is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates. Please refrain from including your picture and age with your application.