Junior Currency Clerk

Who we are: Mama Money is a growth stage fintech startup working to help migrant workers in South Africa send money home.

Since 2015 we have been providing reliable remittances, at a socially fair price, to those that need it most.

Mama HQ is in beautiful Cape Town, South Africa.

We are 131 people strong (and counting) from 19 countries across Africa, Asia, the UK, and Europe.

Our culture is built around the well-being of our team members and making a difference in our communities.

“Just be lekker!” personifies our approach to work: we trust the wisdom of our talented and diverse team to do what is best for our customers and get the job done responsibly, without pedantic policies.

We’ve been around since 2015 and have earned a few accolades along the way, made some new friends, and expanded our reach.

We've had some great times and some tough times, but we continue to focus on helping people rather than maximising profit.

As a Junior Currency Clerk, you will be responsible for managing exchange rates, sourcing rates and fees from new and existing partners at competitive prices, analysing market trends, and ensuring our pricing remains attractive and profitable.

You will work closely with the Currency Manager, Treasury, Finance and internal teams, partners, and data analysts to optimize margins and enhance our forex strategy.

As our Junior Currency Clerk you will;

Build and strengthen relationships with existing and new partners to gather insights for the most competitive exchange rates managed by the Currency manager.

Perform ongoing competitor price analysis and monitor exchange rate trends to stay ahead of the market.

Set foreign exchange pricing for customers and partners, leveraging sourced rates, market movements, and competitor benchmarks.

Partner with commercial and data teams to analyse Gross Margin and ensure all payouts remain profitable.

Proactively manage risks associated with exchange rate volatility to maintain healthy margins.

Act as the primary liaison for internal technical, data, and accounting teams on all matters related to exchange rates.

Prepare and deliver regular reports on forex margin performance and overall profitability.

Thrive in, and contribute to a fun, fast-paced, and collaborative team environment.

Experience & qualifications:

Demonstrated strong analytical skills with a deep understanding of exchange rate dynamics and foreign exchange risk management.

Excellent negotiation and communication abilities, with a proven track record of building partnerships and securing competitive rates.

Proficient in financial analysis, with the ability to interpret market trends and provide actionable insights.

Highly detail-oriented and capable of managing multiple priorities with efficiency and accuracy.

Strong problem-solving mindset, thriving in fast-paced and dynamic environments.

Collaborative team player with a proactive approach and a strong sense of ownership.

Prior experience in foreign exchange, financial services, or fintech is highly advantageous.

Full-time

Why Mama? At Mama Money, we’re not just a company—we’re a movement. Everything we do is driven by one purpose: to make life better for our customers and the communities we serve. Our customers are our heartbeat, and they inspire every step we take. We’re all about making it easy. No red tape, no hassle. Just simple, seamless experiences that put people first, we’re here to make things easier, faster, and better for you. We believe in giving it a go—and then giving it another go if we have to! We're a team of doers, dreamers, and innovators who aren't afraid to break the mold. We take bold steps, experiment with fresh ideas, and never stop learning. At Mama Money, we own it—and we mean it. We take responsibility for our actions, our results, and how we show up every day. No passing the buck here. We approach every challenge with grit, passion, and determination. Here’s the best part: Mama Money is a place that truly cares. We care about the trust our customers place in us. We care about our amazing team who bring their best every day. And we care about making an impact in the world, doing the right thing no matter what. When you join Mama Money, you’re joining a community. We’re a passionate, down-to-earth crew that works hard and celebrates wins along the way. We take our work seriously, but we don’t forget to have fun while we do it. So, if you’re ready to make a real difference, take on exciting challenges, and grow in a place where you’re valued and supported, then Mama Money is the place for you. Let’s make an impact—together. Mama’s values: 1. Making it easier for our customers 2. Give it a go 3. Just own it