FX Risk Expert

This is a senior expert role, suitable for only those who are looking to step away from a front line role, to employ their experience in helping make an existing function better. The candidate should, by nature, be able to:

-critically appraise the status quo

-present alternative solutions grounded in their practical, fact-based industry experience

-communicate their findings clearly and logically with a view to making a persuasive case for change in a smooth manner.

It is expected that the candidate possesses the capability to span the spectrum of Foreign Exchange, from strategy through to risk management.

Sitting independent of the Foreign Exchange Risk Management Department, the Foreign Exchange Risk Expert would be part of the Treasury Risk Control Department, complementing a team of other senior employees, each with their own fields of expertise in the Treasury domain.

The role comes with a primary responsibility - to help make the Foreign Exchange Management Department within Treasury better. The Foreign Exchange Risk Expert should have the interpersonal skills, expertise and vision to proactively determine the tasks to achieve this. In general, the role is to assess and advise on all aspects of the Group's foreign exchange risk management activities, including:

  • Developments in best practice, especially for corporates and including hedging instruments and strategies
  • External environmental changes,
  • Identification, measurement and control of risks,
  • Valuation techniques for net exposures and hedging instruments,
  • Tools, procedures and systems used,
  • Deployment of appropriate technologies and emerging vendors/ banking services, and
  • Process enhancements.

Experience required

  • 15+ years working in Finance, predominantly within the management of foreign exchange risk,
  • 5+ years working for a non-financial institution,
  • working within a multi-cultural environment of a large and geographically diverse corporation,
  • understanding foreign exchange regulatory requirements and legal issues, particularly in illiquid currency markets,
  • managing foreign exchange risk in global markets, with diverse hedging instruments and practices,
  • integrating operational systems and requirements,
  • using Treasury Management Systems such as SunGard Quantum, and
  • applying accounting principles, including Hedge Accounting, to FX decision making.

Candidate characteristics

  • the candidate must be adaptable, flexible, dynamic, patient and have high emotional intelligence supported by strong self-awareness,
  • the optimal candidate will possess gravitas and be able to quickly build working relationships and respect through the way in which they behave and the expertise they possess,
  • opportunity will be provided through earning respect and demonstrating credibility,
  • influence in this role will come from expert and relationship authority and not positional authority,
  • the culture of the Group is results driven and, as such, it requires great drive, self-motivation, proactivity, commercial sensibility, and individual accountability and ownership for all deliverables and results

Technical skills and knowledge

  • knowledge of the very latest foreign exchange risk management techniques, used by corporates and financial institutions, in developed and emerging markets,
  • knowledge of FX strategy and risk models, and risk management frameworks,
  • working knowledge of Bloomberg,
  • ability to understand and present concise summaries of complex FX related issues,
  • good PowerPoint skills,
  • professional knowledge of Treasury and Accounting, including hedge accounting, and
  • work is mainly conducted using English with, where necessary, the use of translators or translation software. Knowledge of mandarin is not required, though welcome

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.

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