Interest Rate and FX Hedging Specialist

We are seeking a highly skilled Interest Rate and FX Hedging Specialist to join our team at LHR Americas. As a key member of our Credit and Market Division, you will be responsible for analyzing and monitoring market risks within the group.

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.

Benefits:

• Monthly Base Salary - aligned with company employees with similar skills.
• Monthly Overbase - 25% of your monthly base salary.
• Benefits Supplement - 20% of your monthly base salary, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base.
• Severance Package (2-year vest period) - year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after.
• Employment Tax - if employee chooses to separate themselves from their 'home country' for income tax purposes, most will not be required to pay 'home country' income taxes; company will not report income to the 'home country' governments. Please check with your tax advisor for specifics relating to you.
• Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) - maximum purchase equal to 10% monthly base pay with a cap, 20% share discount.
• Incentive Plan - annual; based on performance, approx. 1.8x monthly base salary.
• Travel Allowance - annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old.
• Vacation & Paid Holidays - 38 vacation days / 4 travel days / 11-13 paid holidays.
• Medical/Dental Plan - complimentary in-Kingdom Johns Hopkins medical care/facilities for employee and eligible family members. In-Kingdom dental services subsidized.
• Educational Assistance Plan (EAP) - Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K).
• Settling in Allowance - one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status - 60% of monthly base salary.

Stages of our Hiring Process:

1. Resume Evaluation:

A member of our recruitment team will evaluate that your resume matches the client's job description requirement.

Use the job description requirements to highlight your relevant experience and skills.

Be specific and describe the significance of your work, keyword alignment is important. Emphasize the impact of the work you've contributed to HR areas and tasks. Use your professional profile/resume to focus on major accomplishments and qualifications that match the job.

If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days.

If your resume evaluation is not suitable, you will be receiving an e-mail notification in 2-3 days.

2. Interviews Stage:

2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications. Furthermore, your English level will be evaluated at this stage, ONLY native or advanced speakers will approve this evaluation.

If this preliminary phone/video interview is successful, your resume will be submitted to our client.

If your preliminary phone/video interview is not successful, our Talent Acquisition consultant will inform you.

2.2 Client Face to Face interview: This interview will happen only if your resume is approved by our client, we cannot guarantee the time our client will take to approve your resume, but it should take less than a week.

If your resume is approved a member of the Talent Acquisition Team will get back to you and schedule a face-to-face meeting in a defined location. You will be told to go to the location.

The client interview contains technical questions that help assess your familiarity with problem-solving in your given field and may include a behavioral evaluation. Be prepared to explain how you approach problems and produce solutions.

If your face-to-face interview is successful, the hiring team will further evaluate your resume, decide, and then receive a conditional job offer.

If your face-to-face interview is not approved, LHR Americas will inform you.

2.3 There could be additional video interviews with hiring managers, which may also contain technical questions that help us assess your familiarity with problem-solving in your given field.

3. Conditional Offer:

A successful interview may result in a conditional offer of employment. Conditions for employment include but are not limited to medical examinations, and permission to secure a visa to work and reside in-country.

4. Relocation Process:

After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas. This advisor will be your go-to resource for your job transition, providing valuable advice on visa logistics, notice periods, medical requirements, and more.