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Jong Lee (Jake)

Head Of US Treasury Risk Management at Xe.com

Jong (Jake) Lee has a strong background in FX trading and risk management. Jong (Jake) began their career at Fuji Bank Ltd. as an Assistant Treasurer, where they arbitrated FX forward and interest rate deposit markets and traded proprietary positions in Eurodollar futures and spot FX. Jong (Jake) then moved to Union Bank, where they served as Vice President of FX Trading, Global Markets, and Sales. In this role, they managed spot and forward bank flow, traded proprietary positions in spot and forward G10 currencies, and consistently generated profits.

Following their time at Union Bank, Jong joined Proprietary Trading as a Trader. Jong (Jake) later worked as a Consultant at LACERA before joining East West Bank as Vice President, Senior FX Trader, and Strategist. In this role, they developed the infrastructure for the growing FX business, negotiated increased liquidity, moved most trading to online platforms, and expanded the product lineup.

Jong's next position was with Ria Financial as the Director of FX Trading. Jong (Jake) managed a global trading team, developed and implemented hedging strategies in G10 and Emerging Markets, and provided FX expertise in M&A and contract negotiations.

Most recently, Jong served as Head of US Treasury Risk Management at XE.com. Jong (Jake) managed a global trading team, oversaw the management of FX exposures in a growing online FX payments business, and collaborated with business leads in the launch of US HiFX.

Overall, Jong (Jake) Lee has a strong track record of success in FX trading and risk management, with expertise in developing strategies, managing teams, and generating profits.

Jong (Jake) Lee attended Northwestern University from 1984 to 1988, where they pursued a Bachelor of Arts degree. Their field of study was Chemistry with a Biochemical emphasis, and they also completed extensive coursework in Economics.

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Timeline

  • Head Of US Treasury Risk Management

    April, 2016 - present

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