FX Risk Manager

FX Risk Manager inDrive Posted on Mar 27, 2026 Apply now The FX Risk Manager will be responsible for developing, implementing, and managing the foreign exchange (FX) risk management strategy for the inDrive Group. This role involves identifying, measuring, monitoring, and hedging the Group's FX exposures to minimize financial volatility and protect profitability. The ideal candidate will possess deep expertise in FX markets, financial instruments, and international treasury operations, with a proven ability to translate complex financial concepts into actionable strategies. Department Finance, Treasury and Automation Employment Type Full Time Location Cyprus Address Limassol, Limassol Workplace type

Hybrid Key Responsibilities Strategy & Policy:

Develop and maintain the Group's FX risk management policy, aligning it with overall treasury objectives and corporate risk appetite. Advise senior management on FX market developments, hedging strategies, and potential financial impacts. Define clear objectives, risk tolerance levels, and acceptable exposure limits for FX risk.

Risk Identification & Measurement:

Identify and quantify all types of FX exposure (transactional, translational, economic) across global subsidiaries and currencies. Implement and utilize tools for accurate exposure forecasting, aggregation, and reporting. Monitor FX market trends, economic indicators, and geopolitical events for potential impacts on currency movements.

Hedging Operations:

Execute hedging strategies using appropriate financial instruments (e.g., spot, forwards, options, swaps) to mitigate identified exposures. Negotiate FX rates and terms with banking partners and payment providers to optimize hedging effectiveness and cost efficiency. Manage and monitor the Group's hedging portfolio

Process & Systems:

Optimize FX-related processes, including intercompany netting, multi-lateral netting, and local currency payment strategies (natural hedging). Work closely with Treasury Systems and IT teams to implement and enhance FX risk management modules within the Treasury Management System (TMS) and ERP. Ensure data integrity and automation for FX exposure reporting.

Treasury operations:

Bank relationship management (bank compliance, opening of bank accounts, negotiating banking fees and services) Payment processes coordination (enusure secure and efficient payment processes) Cash flow planning (monitor daily cash positions and ensure adequate liquidity).

Compliance & Reporting:

Ensure compliance with internal FX policy, accounting standards (e.g., hedge accounting), and relevant financial regulations across all jurisdictions. Prepare and present regular reports to management on FX exposure, hedging effectiveness, P&L impact, and market outlook. Manage documentation for all hedging activities.

Collaboration & Training:

Collaborate with local finance teams, business units, and other Treasury functions to understand their FX exposures and provide guidance. Educate and train internal stakeholders on FX risk principles and compliance requirements. Skills, Knowledge & Expertise 4+ years of experience in Treasury, with a focus on FX risk management Hands-on experience with FX hedging instruments (forwards, spot; options/swaps as a plus) Good understanding of FX exposures and practical risk management approaches Experience executing FX transactions and working with banking partners Solid analytical skills (exposure tracking, forecasting, reporting — Excel or similar) Experience with treasury processes (cash flow planning, payments, bank relationships) Ability to clearly communicate FX risks and recommendations to stakeholders Experience in a multi-currency environment; TMS/ERP exposure is a plus Job Benefits Health insurance with oncology coverage and life insurance included Hybrid work mode and flexile schedule Relocation package offered for candidates from other regions Access to professional counseling services including psychological, financial, and legal support Diverse internal training programs Partially or fully payed additional training courses All necessary work equipment Fitness club membership discount About inDrive inDrive is a global tech company on a mission to challenge injustice. We started in 2012 in the coldest city on Earth, when a group of friends created a way for people to agree on fair ride prices. That idea grew into one of the world's top ride-hailing apps, now with 360M installs across 48 countries. Today, we offer more than rides: from freight and delivery to intercity travel and financial services, all designed to put people first. Our goal is to positively impact 1 billion lives by 2030. Through inVision, our non-profit arm, we support education, entrepreneurship, and equality in underserved communities. Ready to ignite your inner drive? Apply Now Our Hiring Process Stage 8: Final Interview Stage 9: English Proficiency Test Stage 10: Offer Stage 11: Hired Stage 1: Applied Stage 2: Talent Acquisition Interview Stage 3: Test Case Stage 4: Hiring Manager Interview Stage 5: Team Interview Stage 6: Second Interview Stage 7: Team Interview Stage 8: Final Interview Stage 9: English Proficiency Test Stage 10: Offer Stage 11: Hired Stage 1: Applied Stage 2: Talent Acquisition Interview Stage 3: Test Case Stage 4: Hiring Manager Interview Stage 5: Team Interview Stage 6: Second Interview Stage 7: Team Interview Stage 8: Final Interview Stage 9: English Proficiency Test Stage 10: Offer Stage 11: Hired Not quite right? Register your interest to be notified of any roles that come along that meet your criteria. Register Your Interest Apply now See more open positions at inDrive