The FX & Interest Rates Risk Management Consultant will be responsible for structuring, pricing, executing, and monitoring foreign exchange and interest rate products to support internal brokers and sales teams. The role combines front-office market expertise with risk oversight and operational control responsibilities.
This position requires strong knowledge of derivatives, exposure analysis, trade lifecycle management, and risk systems (notably Murex), ensuring accurate execution, reconciliation, and ongoing risk monitoring across portfolios.

1. Structuring & Advisory

• Structure FX and interest rate hedging solutions tailored to client exposure profiles.
• Support brokers and sales teams (“pushers”) in identifying and quantifying FX and IR risk exposures.
• Provide technical guidance on forwards, swaps, NDFs, options, cross-currency swaps, IRS, and structured solutions.
• Translate macroeconomic developments into actionable hedging strategies.

2. Pricing & Execution

• Price FX and interest rate products in line with market conditions and internal risk parameters.
• Execute transactions while ensuring alignment with approved credit and risk limits.
• Monitor spreads and market liquidity to ensure competitive and risk-adjusted pricing.

3. Risk Monitoring & Exposure Management

• Identify and monitor FX and IR exposures across portfolios.
• Ensure compliance with internal risk thresholds and limits.
• Maintain real-time awareness of market volatility and its impact on positions.
• Track upcoming expiries, rollovers, resets, and settlement obligations.

4. Trade Lifecycle & Reconciliation

• Oversee trade capture accuracy and enrichment into Murex.
• Ensure proper booking, valuation alignment, and reconciliation of positions.
• Coordinate with middle and back office to resolve discrepancies.
• Maintain reconciled accounts and ensure consistency between front-office records and official books.

5. Operational Risk Oversight

• Identify potential operational risks within the trade lifecycle.
• Ensure proper controls around confirmations, settlements, margining, and collateral.
• Monitor initial and variation margin requirements.
• Maintain documentation standards and procedural compliance.

6. Market Intelligence & Client Communication

• Conduct daily morning market analysis covering FX, rates, macroeconomic releases, and central bank developments.
• Prepare and distribute concise market commentary to clients and internal stakeholders.
• Maintain continuous awareness of geopolitical and macro drivers impacting markets.

Qualifications
• Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or related field.
• 5+ years of experience in FX and/or Interest Rate markets.
• Strong knowledge of derivatives pricing and risk metrics (DV01, PVBP, delta, gamma, basis risk, carry, etc.).
• Experience with Murex (trade enrichment, valuation, lifecycle management).
• Solid understanding of margining frameworks and collateral management.
• Advanced Excel skills; knowledge of Bloomberg, Reuters, or equivalent platforms.
• Strong analytical, quantitative, and communication skills.

Key Competencies
• Strong risk management mindset.
• High attention to detail and operational discipline.
• Ability to operate in a fast-paced, front-office environment.
• Cross-functional coordination skills.
• Proactive approach to identifying exposures and mitigating risk.