FX Risk Manager, Balance Sheet Management, Group Treasury
Responsibilities
- Production of rigorous and clearly presented analysis of market and macroeconomic factors to support trade recommendations
- Extraction of information from a variety of internal sources in order to identify all foreign exchange risks. Cross reference and validate this information in particular with MI produced by GT Finance
- A key output will be the ongoing determination of the net transactional and structural FX risks using data from a range of internal data sources
- Relate hedging strategies to ad hoc strategic projects and current hedging programmes
- Engage and influence senior management to win support for strategies and to enhance and demonstrate the value added by the Portfolio Management function
- Managing Group structural hedging risks in a cost efficient manner in accordance with policy
- Operationally responsible for ensuring delivery of GT centre budget and minimising accounting volatility.
Experience
The successful candidate will be a person who has demonstrated the ability to combine market, macroeconomic, risk and accounting considerations to produce strategic recommendations balancing economic cost, effect on reported earnings and the potential impact on capital position in respect of non trading foreign exchange positions
- Experience of foreign exchange strategy from a fundamental and technical perspective
- Use of foreign exchange and foreign exchange derivatives as both traded instruments and hedging tools
- Technical knowledge of interest rate and forex risk.
- Good understanding of the structure and risks inherent in the product sets and overall make-up of bank balance sheets
- Working knowledge of relevant accounting recognition issues for treasury products including IAS39
- Minimum degree-level and/or appropriate Treasury / Quantitative Analysis professional qualifications
- Relevant markets and analytical background with extensive experience.
- Demonstrable experience in building relationships with internal and external counterparties
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