Bharti - Manager/Senior Manager - Risk Solution Group

- Identify, quantify and monitor all foreign exchange risk exposure of Bharti Airtel and group companies across geographies in 18 countries and 15 currencies

- Lead the hedging framework for Africa and South Asia -19 Operating companies- FCY loans (~USD 1.5-2 Bn) and Payables (~USD 1.5 Bn). Diversify hedge product mix through Options, Forwards, Quasi hedging, offshore products

- Regularly monitor the Mark to Market of the hedge portfolio and analyze the variances

- Prepare and implement models for scenario analysis and the resultant impact in the finance cost of hedges and the translation of FCY items

- Develop suitable hedging solutions to minimize and save hedge cost and also take strategic hedges to protect against any unforeseen extreme events

- Evaluation of current portfolio of derivatives and analysis of potential new structures to decide on suitability to company objectives and stress testing for potential impact in case of moves in market variables

- Liaison with banks in India, Africa and South Asia for FX limits & other FX enablement. Coordinating through Control unit for documentation and internal and external reporting

- Keep abreast of the regulatory changes to ensure that financial risks are proactively and optimally hedged, and no exposure to risk of non-compliance with regulations exists.

- Regularly engage with the Counterparts in Opcos to educate them and get their coordination in implementation and execution of hedges.

- Lead the Murex implementation project as a spoke from Risk Solutions Group and also as a back up to the Project lead from Control Unit

- Coordination with other units- Debt, Liquidity to identify the risks emanating through the transactions initiated by these units and devising risk solutions around those.

- Reporting feeds to internal stakeholders such as BPA, Accounting team for inclusion into MAPA, Accounting books and Annual Operating Plans (AOP).