06/12 Swasti Verma
HR at Trafigura

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Trafigura - Forex Risk Management Analyst (0-2 yrs) Premium

Mumbai Job Code: 641406

Company

Trafigura is a leader in the commodities business.

Trafigura Global Services Pvt. Ltd. (TGS) is the Global In-house Centre (GIC) for Trafigura, a world leading physical commodity trading company and logistics house, whose business is advancing trade for a growing array of customers and counterparties around the world - reliably, efficiently and responsibly. Physical trading is a long-term business and strategic investments in storage and logistics capabilities around the world are central to our business model. The company directly employs over 5,300 people in 37 countries. We source, store, blend and deliver essential raw materials and commodities. In 2015, we traded 146.3 million tonnes of oil and petroleum products and 52.1 million tonnes of metals and minerals products. We operate responsibly, adding real value for our clients, our stakeholders and our shareholders. Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in recent years, growing revenue from USD18 billion in 2004 to USD136.4 billion in 2017

Job Title: Forex Risk Management Analyst

Responsible for the identification, analysis, mitigation and connected back-office activity of Foreign Exchange Risk arising from Trading and Investment business conducted in all divisions of Trafigura.

Key Responsibilities - 

- Liaise with Operations and Deals Desk in identifying FX risks across all divisions: Trading, Overhead, Finance

- Develop hedging strategies for FX risk mitigation and gather related approval

- Deploy hedging strategies with internal broker

- Perform and coordinate the treasury back-office activity in relation to the hedging activity.

- Allocate the hedge PnL to each underlying exposure and monitor hedge effectiveness

- Liaise with Derivatives Back Office in order to agree daily settlements and resolve discrepancies

- Work with Treasury to manage account liquidity in foreign currency and minimize exposure and costs connected with interest rates and overdrafts

- Actively monitor the markets for events, opportunities and early sign of distress in order to inform management and traders timely

- Support all manners of reconciliation related to FX and development of FX system(s) to improve current process

Key Relationships - 

- Banks and Brokers

- Internal Broker and Back Office

- Operational Treasury

- Trade Finance

- Trading floor

Experience/Knowledge/Skills:

- 0-2 years of relevant work experience with exposure to Foreign Exchange markets (preferred)

- MBA in Finance / FRM/ Bachelor Degree in Economics or scientific field

- Excellent communication skills

- Good team-player and an open personality with energy and drive

- Advance knowledge of Microsoft Office and flair for IT systems

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