Home Saudi Arabia Accounting Specialist (Credit & Market Analysis) - AUSTRALIA/NZ CAMPAIGN

Home Saudi Arabia Accounting Specialist (Credit & Market Analysis) - AUSTRALIA/NZ CAMPAIGN

Accounting Specialist (Credit & Market Analysis) - AUSTRALIA/NZ CAMPAIGN

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on May 9, 2024

Job details

AUSTRALIA/NZ CAMPAIGN - MEGA WORKSHOPWe will be running an extensive campaign for jobs in Saudi Arabia during the last week in April. Preference for these jobs, is for Australia and New Zealand natives, or people currently based in Australia and New Zealand.We are seeking an Interest Rate and FX Hedging Specialist to join the Credit and Market Division of the Financial Risk Management Department at Saudi Aramco. The Interest Rate and FX Hedging Specialist is responsible for analysis, monitoring, and hedging of these market risks within the group. Additionally, experience with commodity risk hedging will be . The successful candidate will assess market risk exposures, perform quantitative and qualitative analysis on positions and risks of the respective portfolios, and report the findings to risk management and to key areas of the Company. The specialist will interface with various internal departments, including compliance, finance, operations, and the trading desk, and also with other subsidiaries and joint ventures of the group.ResponsibilitiesYou will be required to perform the following: Analyze and quantify interest rate, FX and commodity risk exposure of the group and propose hedging strategies to mitigate such risks. Understand and report on market risk dynamics of the specific portfolio, key drivers impacting prices, volatility and values and their prospective impact on the risks and earnings of the portfolio. Ensure that volatilities, market prices, forward curves, correlations, and other key valuation components are accurately and consistently defined and updated. Assist in the setup, configuration and implementation of hedging of market risks and related risk analytic systems. Ensure that new business transactions and related risks are appropriately defined and captured by the Company's risk systems and risk methodologies. Analyze risks/return related to new business and markets and liaise with the business functions to assure constituent market risks are understood, are appropriate to risk appetite, correctly reported and where appropriate, hedged. Monitor positions against market risk metrics and limits and liaise with the business functions and risk control regarding potential limit exceedance. Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure. Review policies and procedures and align risk policies across the Group.BH3895Bounty Hunter World

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