Full-Time

FX Trader

Posted on 12/16/2025

Aspora

Aspora

51-200 employees

Cross-border payments platform with regulated entities

No salary listed

Bengaluru, Karnataka, India

In Person

Category
Quantitative Finance
Finance & Banking
Requirements
  • 2-4 years in FX / Trading / Capital Markets, ideally across banks, fintechs, or high-volume cross-border environments.
  • Hands-on experience with daily FX booking, liquidity positioning, settlements, and fund movements, including T+0/T+1 execution cycles.
  • Strong grounding in treasury FinOps, reconciliations, cash-flow allocation, and MIS/reporting.
  • Track record of managing banking and liquidity-provider relationships — negotiating terms, coordinating on operational issues, and ensuring corridor reliability.
  • Ability to design and operationalise SOPs, controls, reconciliation workflows, and risk frameworks from scratch.
  • Solid understanding of multi-currency liquidity, cross-border corridors, and emerging instruments like digital assets and stablecoins. Comfortable working with banks, regulators, finance, product, and engineering teams.
  • Bias for building and automation — you don’t wait for instructions; you design, improve, and scale.
  • Bonus: exposure to digital FX, on-chain liquidity rails, or DeFi-like primitives.
Responsibilities
  • FX Execution Support: Assist in booking and executing daily spot and forward trades.
  • Exposure Management: Track positions, update exposure reports, and assist in executing derivative strategies and hedging positions.
  • Market Monitoring: Track currency moves, macro events, and rate shifts across key corridors.
  • Reporting: Prepare daily trading summaries, rate sheets, and dashboards for internal visibility.
  • Automation & Tools: Help enhance trade booking and exposure monitoring systems with product/engineering teams.
Desired Qualifications
  • exposure to digital FX, on-chain liquidity rails, or DeFi-like primitives

Aspora enables international money transfers by connecting individuals and businesses to regulated financial entities for cross-border payments and remittances. It routes transactions through trusted partners to ensure security and regulatory compliance, offering real-time exchange rates and transparent, competitive fees, while not holding client funds directly. It differentiates itself by using regulated routing through identified financial institutions and by giving users access to over 1100 Indian mutual funds, particularly for transfers to India. The goal is to provide secure, compliant cross-border payments with clear pricing and minimal hidden charges.

Company Size

51-200

Company Stage

Series B

Total Funding

$98.9M

Headquarters

San Francisco, California

Founded

2022

Your Connections

People at Aspora who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Aspora grew to 700,000 NRIs, processing $2B volume, saving $15M fees.
  • Secured $50M Series B at $500M valuation from Sequoia and Greylock.
  • US launch underway July 2026, expanding to Canada, Australia, Singapore.

What critics are saying

  • Wise captures Aspora's US market share with lower fees in 6-12 months.
  • RBI mandates raise Aspora's fees, alienating NRIs in 3-6 months.
  • NYDFS denies US license, halting 40% growth in 6-12 months.

What makes Aspora unique

  • Aspora uses stablecoins for instant 10x faster remittances to Indian diaspora.
  • Formerly Vance, Aspora connects NRIs to 1100 Indian mutual funds securely.
  • Aspora avoids holding funds, linking users directly to regulated entities.

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Benefits

Company Equity

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

1%

2 year growth

0%
Quanmeishe
Dec 25th, 2025
Sequoia-backed fintech Aspora to introduce bill payment feature for Indian diaspora

Sequoia-backed fintech Aspora to introduce bill payment feature for Indian diaspora. Sequoia-backed fintech platform Aspora, which enables the Indian diaspora to send money back to India, is set to launch a new feature that allows users to pay bills. This means non-resident Indians (NRIs) can now pay utility bills or recharge their family members' mobile prepaid plans without any hassle. The startup has integrated with the Bharat Bill Payment System (BBPS) through Yes Bank's domestic pipeline, offering payment options for over 22,000 billers in India. This includes electricity providers, broadband companies, and major banks for loan payments. Aspora is not charging any fees for these bill payments and offers users the best exchange rates to make direct payments in foreign currency. Aspora founder and CEO Parth Garg mentioned in an interview with TechCrunch that this new feature will increase user engagement and create long-term loyalty. The startup has already seen positive results from testing this feature with a group of users and plans to expand it to the U.S. and UAE markets. Aspora, which raised $50 million in Series B funding led by Sequoia, has amassed 800,000 customers, processed $4 billion in transactions, and saved users $25 million in transfer fees. The company aims to introduce NRE and NRO accounts for managing foreign and domestic income next year.

Global Legal Chronicle
Jul 23rd, 2025
Aspora Secures $53M in Series B

Aspora, a global fintech company, has successfully raised $53 million in a Series B funding round. The company, which specializes in cross-border payments for the Indian diaspora, was advised by Orrick during this financing round.

CIO Insider India
Jun 17th, 2025
Aspora Raises $ 93 Million in Funding Round

Y Combinator-backed cross-border payments startup Aspora has raised $93 million over three equity funding rounds between September 2024 and May...

Vance
Oct 4th, 2022
Global neobank platform Vance raises $5.8m in seed round

Led by Humminbird ventures, seed round also saw participation from Global Founders Capital, YCombinator, Soma Capital and angels such as Alan Rutledge and Gokul Rajaram

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