Fx Hedging Specialist

**The role**

PE Global are seeking an Interest Rate and FX Hedging Specialist to join the Credit and Market Division of the Financial Risk Management Department for a one of the largest integrated Energy and Chemicals companies based in Saudi Arabia

**Duties of the role**
- 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.

**Education & Experience Requirements**
- Strong preference for a professional certification such as CFA, FRM, or PRM.
- You will have at least ten years’ experience in experience financial markets risk management in a corporate or bank environment.
- Prior experience and knowledge of trading concepts, derivative instruments, hedge accounting, and operations.
- Advanced proficiency with Excel.
- Ability to coach junior analysts in developing their analytical skills and reporting capabilities.