Job Description

Main purpose

The FX Risk Manag em ent T eam is a mi dd le of fi ce t eam managi ng Forex ex pos ure ari si ng from all the divi si ons T radi ng, Fi nance, Ov erh eads. The t eam is resp onsible for id enti fy ing FX exp osure, d ev isi ng h edg ing strat egy and executi ng the FX t rad es w ith i nt ern al trad ers It i nvo lv es co nst ant i nt eraction w ith comm erci al t rad ers, d eals d esk and op erato rs hig hlight ing fo rex risk & m arket o ppo rt uniti es and upd at ing the FX P&L in a tim ely m anner

Allo cation of FX h edg es to und erlying exp osure and sett lem ent of d eriv ativ es on m atur ity w ith d eriv ative back o ffice is also m anag ed by the t eam. The FX t eam also w orks w ith Treasury to m anage li qui dity in f oreign cur rency acco unts and m inimize exposu re & costs co nnect ed w ith int erest rat es and ov erdrafts.

Key responsibilities

Responsible for identifying, analyzing, and mitigating FX and interest rate risks, as well as overseeing related FX settlement activities arising from trading and Non-Trading operations across all divisions of Trafigura.

• Li aise w ith Trad ers, Op erat io ns and D eals D esk in id entifyi ng FX ris ks.
• Und erst and FX exposu re, currency regu latio ns and d esi gn h edg ing strat egi es for new g eog raphi es / bu si ness li nes.
• Ex ecute FX t rad es with int ernal bro ker.
• Activ ely mo nit or the m arkets for ev ents, o ppo rtun iti es and early si gn of dis tress in ord er to inf orm m anag em ent and trad ers t im ely.
• Allo cate the h edge P &L to each un derlying exp osure.
• Li aise w ith D eriv ativ es B ack O ffice in ord er to ag ree d ai ly sett lem ents and reso lve dis crep anci es.
• Wo rk w ith Treasury to m anage account li quid ity in f oreign cu rrency and m inimize exp osure and costs co nnect ed with int erest rat es and ov erd rafts.
• Sup port all m anners of reconci li ation relat ed to FX and d ev elop ment of FX sy st em( s) to i mp rove cur rent p ro cess.

Required qualifications

• Minimum 4 years of relevant experience with exp osure to Foreign Ex ch ange m arkets, I nt erest Rat es, C ash / Li quidity Manag em ent, and Risk Manag em ent.
• MBA or CA qualified, CFA & FRM Certification preferred.

Attributes for success

• Be f lexi ble, open mi nd ed, comf ort able in w orki ng w ith f irm d ead li nes and able to h and le st ress situ atio ns.
• Good t eam-pl ay er and an open p ersonality with energy and driv e
• Shou ld be p rofici ent in ex cel
• Fami li arity w ith u si ng mu lt iple sy st ems is a plu s
• Shou ld h ave ex cellent E ng lish comm uni cation ski lls

Department overview

The FX & Rates Department is a global function responsible for identifying, assessing, and mitigating foreign exchange and interest rate risks arising from Trafigura’s commodity trading activities across its Oil, Metals, Minerals, Bulk, and GPR businesses and Non-Trading activities. The department operates across multiple regions, including the Americas, APAC, and Mumbai, supporting both trading and non-trading activities while managing related FX settlement processes.

Key Relationships

• Trading Floor
• Deals Desk
• Trade Finance
• Operational Treasury
• Banks & Brokers
• Internal Broker & Back Office