Interest Rate and FX Hedging Specialist

hace 6 días


Santander, Cantabria, España LHR Américas A tiempo completo
Job Description

LHR Américas is seeking a highly skilled Interest Rate and FX Hedging Specialist to join our team in the Credit and Market Division of the Financial Risk Management Department.

The successful candidate will be responsible for analyzing, monitoring, and hedging market risks within the group, with a focus on interest rate and FX hedging. Additionally, experience with commodity risk hedging will be preferred.

Key Responsibilities
  • Analyze and quantify interest rate, FX, and commodity risk exposure of the group and propose hedging strategies to mitigate such risks.
  • Understand and report on market risk dynamics of the specific portfolio, key drivers impacting prices, volatility, and values, and their prospective impact on the risks and earnings of the portfolio.
  • Ensure that volatilities, market prices, forward curves, correlations, and other key valuation components are accurately and consistently defined and updated.
  • Assist in the setup, configuration, and implementation of hedging of market risks and related risk analytic systems.
  • Ensure that new business transactions and related risks are appropriately defined and captured by the Company's risk systems and risk methodologies.
  • Analyze risks/return related to new business and markets and liaise with the business functions to assure constituent market risks are understood, are appropriate to risk appetite, correctly reported, and where appropriate, hedged.
  • Monitor positions against market risk metrics and limits and liaise with the business functions and risk control regarding potential limit exceedance.
  • Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure.
  • Review policies and procedures and align risk policies across the Group.
Requirements
  • Bachelor's Degree in Finance, Economics, Mathematics, Engineering, or a related field. An MBA or other advanced business degree is preferred.
  • Professional certification such as CFA, FRM, or PRM.
  • +10 years of experience in financial markets risk management in a corporate or bank environment.
  • Experience with the development, implementation, application, and oversight of financial markets risk models, hedging alternatives, pricing, and hedge execution strategies.
  • Experience and knowledge of trading concepts, derivative instruments, ISDA agreements, hedge accounting, and operations.
  • Proficiency with Excel.
  • Ability to coach junior analysts in developing their analytical skills and reporting capabilities.


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