Treasury Foreign Exchange Risk Manager
Current- Owned point of view for corporate FX hedging strategy, including which currencies to hedge, choice of derivative instrument, hedge tenor, and layering strategy- Conducted annual Earnings-at-Risk study to optimize corporate FX and commodity hedging strategy, incorporating exposure size, price volatility, and portfolio correlations, as well as derivative market liquidity and costs; presented results to CFO, Treasurer, and Corporate Controller, quantifying expected profit volatility given… Show more - Owned point of view for corporate FX hedging strategy, including which currencies to hedge, choice of derivative instrument, hedge tenor, and layering strategy- Conducted annual Earnings-at-Risk study to optimize corporate FX and commodity hedging strategy, incorporating exposure size, price volatility, and portfolio correlations, as well as derivative market liquidity and costs; presented results to CFO, Treasurer, and Corporate Controller, quantifying expected profit volatility given proposed hedging strategy and highlighting main risk drivers and mitigation strategies- Completed annual hedge timing study in accordance with ASC Topic 815 / IFRS 9 to determine hedge de-designation, OCI release, and settlement dates associated with cash flows used to hedge corporate operating exposures; used results, along with exposure forecasts, to develop quarterly FX derivative trade plans for >$15B designated cash flow hedging program, helping to reduce profit volatility Show less