About the Role:
The Foreign Exchange (FX) & Derivatives Officer is responsible for managing foreign exchange and interest rate derivative activities, including FX spot, forwards, non-deliverable forwards, cross-currency swaps, interest rate swaps, and options. The role focuses on the bank's trading and hedging objectives for U.S. and Latin American corporate and financial institution clients. The Officer exercises discretion and independent judgment on matters of significance by contributing to pricing and structuring derivative products, overseeing trading book exposures, and applying strategies to optimize liquidity. The position also addresses reconciliation issues and ensures accurate post-trade processes. The Officer provides market commentary and engages in client coverage activities, ensuring solutions are consistent with client needs and internal risk frameworks.
Principal Duties & Responsibilities:
- Originate, structure, and execute hedging strategies for clients, exercising discretion and independent judgment on matters that impact financial risk and liquidity.
- Advise clients on managing macro market exposures across interest rates, foreign exchange, and credit derivatives, applying advanced financial analysis.
- Analyze derivative pricing models, prepare client-facing materials, and evaluate financial statements to recommend strategies that align with regulatory and risk frameworks.
- Ensure compliance with ISDA documentation, CSAs, and all applicable regulatory requirements.
- Develop solutions informed by market trends and structural opportunities, applying judgment to meet client requirements within established policies.
- Contribute to the development of FX platforms that improve transaction efficiency and profitability, making recommendations that influence operational outcomes.
- Collaborate with business lines to shape new products and strategies that support organizational objectives.
- Prepare proposals, pitchbooks, and presentations for client derivative solutions, ensuring accuracy and compliance.
- Represent the bank at industry events to maintain expertise and strengthen professional relationships.
- Monitor industry trends, market conditions, and emerging opportunities that affect the bank’s strategic direction.
- Travel occasionally to meet with clients and engage in business development activities requiring professional judgment.
- Serve as a subject matter expert in derivatives and FX products, providing guidance to internal teams and clients on complex financial matters.