Foreign Exchange Manager manages trading functions to meet corporate financial goals. Services clients on international business issues by developing forecasts of hedging exposures. Being a Foreign Exchange Manager must stay current with financial developments in foreign economies that affect clients and the organization. May require a bachelor's degree. Additionally, Foreign Exchange Manager typically reports to a director. The Foreign Exchange Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Foreign Exchange Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Summary
Principal Foreign Exchange Manager responsible for managing HP’s foreign exchange exposures across various cashflow and balance sheet hedge programs. This position requires collaboration with cross-functional teams in Treasury, Finance, Accounting, Tax, Legal, FP&A and HP’s Business Groups. You will leverage your expertise to develop processes, compile and analyze large datasets of internal/external market data, monitor FX risk, and optimize FX hedging strategies through quantitative modeling. You will engage in executing derivatives hedging strategies activities with financial institutions within a counterparty risk framework, ensuring compliance with SOX and Treasury policies, and global regulatory and reporting requirements relevant to FX operations. Additionally, you will synthesize results for finance leadership, contributing to informed decision-making.
Key Responsibilities
Required Education/Professional Experience
Required Knowledge/Skills