Trafigura - Senior Analyst - FX/Risk Management

Senior Analyst - FX Risk Management, Trafigura (4-8 years of experience, Mumbai)

- The FX Risk Management Team is a middle-office team responsible for managing Forex exposure across multiple divisions, including Trading, Finance, and Overheads.

- The team identifies FX exposure, develops hedging strategies, and executes FX trades with internal traders.

- This role involves frequent interaction with commercial traders, the deals desk, and operators, highlighting forex risks, market opportunities, and updating the FX P&L in a timely manner.

- The team also manages the allocation of FX hedges to underlying exposures and oversees the settlement of derivatives at maturity with the back office.

- Additionally, the FX team collaborates with Treasury to manage liquidity in foreign currency accounts, minimizing exposure and costs related to interest rates and overdrafts.

Knowledge Skills And Abilities, Key Responsibilities :

Experience:

- 4-6 years of relevant experience, with a strong understanding of Foreign Exchange markets, Interest Rates, Cash/Liquidity Management, and Risk Management.

- A minimum of 2-3 years of experience in FX trade execution is preferred.

- Qualifications: CA or MBA in Finance and FRM certification are preferred.

- Soft Skills: Ability to work under pressure with tight deadlines, flexibility, and a proactive attitude.

- Teamwork: Strong team-player qualities and a dynamic personality with energy and drive.

- Technical Skills: Proficiency in Excel. Familiarity with multiple systems is a plus.

- Communication: Excellent English communication skills, both written and verbal.

Key Responsibilities:

- The role is responsible for identifying, analyzing, mitigating, and managing the back-office activities associated with Foreign Exchange Risk arising from Trafigura's Trading and Investment business.

- Collaborate with Traders, Operations, and the Deals Desk to identify FX risks.

- Understand FX exposure and currency regulations, developing hedging strategies for new geographies and business lines.

- Execute FX trades with internal brokers.

- Monitor markets for key events, opportunities, and early signs of distress, providing timely updates to management and traders.

- Allocate hedge P&L to underlying exposures and assess hedge effectiveness.

- Work closely with the Derivatives Back Office to agree on daily settlements and resolve discrepancies.

- Partner with Treasury to manage liquidity in foreign currency accounts and reduce exposure and costs associated with interest rates and overdrafts.

- Support FX reconciliations and assist in the development of FX systems to improve processes.

Key Relationships And Department Overview:

- Trading floor

- Deals Desk

- Trade Finance

- Operational Treasury

- Banks and Brokers

- Internal Broker

- Back Office