FX Manager- Musket Europe SARL (Geneva, Switzerland)
BASIC PURPOSE: Musket Europe, SARL is looking for a FX Manager based in Geneva, Switzerland to own and evolve the company's foreign exchange risk management function. This is a build-and-run role: the person in this seat will need to critically assess our current approach to identifying, tracking, and managing FX exposure, and actively improve the systems and processes behind it — not just administer what already exists.
FX exposure at Musket arises from both above-the-line items (trading and commercial activity — physical and paper positions, pricing exposure on commodity flows denominated in or linked to foreign currencies) and below-the-line items (financing, balance sheet translation, intercompany funding, and other non-operating exposure). The Head of FX will be responsible for building a clear, complete picture across both, and for managing the resulting exposure in a disciplined, well-governed way.
This role sits at the intersection of treasury, trading, and technology — equal parts risk management, relationship management, and process ownership.
MAJOR RESPONSIBILITIES:
Exposure identification and tracking
• Identify, quantify, and track FX exposure generated by both above-the-line (trading/commercial) and below-the-line (financing/balance sheet) activity
• Maintain a consolidated, accurate view of exposure across all currencies and entities in scope
• Flag emerging or unusual exposure promptly to relevant stakeholders
Risk management
• Develop and execute hedging strategies appropriate to the underlying exposure and the company's risk appetite
• Monitor and manage exposure across Europe, North America, and potentially parts of Latin America, adapting the approach to the liquidity, volatility, and regulatory characteristics of each region
• Continuously reassess hedging approach as the business and its geographic footprint evolve
Systems and process ownership
• Learn the current FX tracking/management system and processes in detail
• Identify gaps, inefficiencies, and manual workarounds, and drive improvements — this role owns making the system genuinely fit for purpose, not just operating it as-is
• Partner with technology/IT stakeholders as needed to implement improvements
Stakeholder and counterparty management
• Liaise closely with internal stakeholders, including traders and commercial teams, to understand upcoming and existing exposure
• Serve as the primary point of contact with external FX counterparties (banks, brokers) — sourcing pricing, executing hedges, and managing these relationships professionally and effectively
• Communicate exposure, hedging activity, and risk positions clearly to internal leadership
Reporting and governance
• Produce regular, clear reporting on FX exposure and hedging activity for internal stakeholders and management
• Help define and maintain appropriate FX policy and governance as the function matures
QUALIFICATIONS AND EXPERIENCE:
Experience:
• 5+ years of experience in a Middle Office function, ideally within a trading house, bank, or commodity-trading environment
• Direct FX experience is not required — we're looking first and foremost for strong Middle Office fundamentals and the ability to learn, adapt, and improve a function quickly. Candidates from adjacent asset classes (commodities, rates, credit, etc.) are encouraged to apply
• Demonstrated experience tracking and managing risk/exposure in a real operating environment, not purely theoretical/academic knowledge
• Strong interpersonal and communication skills — this person will be regularly interacting with the market (counterparties, banks, brokers) as well as internal traders and stakeholders, and needs to be credible and effective in both settings
• Comfort working across multiple currencies and regions simultaneously (Europe, North America, and ideally some Latin America exposure)
• A genuinely curious, improvement-oriented mindset — someone who will actively question and refine how things are done, not just maintain the status quo
Our Culture:
Fueling customers' journeys since 1964, innovation leads the way for this family-owned and operated business headquartered in Oklahoma City. With nearly 40,000 team members, travel stops are the core business along with products and services that provide value for professional drivers, fleets, traveling public, RVers, alternative energy and wholesale fuel customers. Giving back to communities and an inclusive workplace are hallmarks of the award-winning culture.
Love's is an Equal Opportunity Employer. Veterans encouraged to apply.