Head of Department (HOD) – Hedging

Confidential Company; Dubai; On-site; AED 300,000 - 450,000; Full time

Job summary

A prominent African-based conglomerate seeks an experienced Head of Department for Hedging to develop hedging strategies and monitor financial exposure. The role requires extensive experience in the metal industry, teamwork with various departments, and a solid understanding of regulatory frameworks. A strong educational background in finance (MBA/CFA/CA) is essential.

Benefits

Annual Air Ticket

Medical Insurance

Visa

Qualifications

• 10-12 years of experience in Hedging within a large corporate setting.
• Proficiency in English is required.
• Experience with developing SOP and Hedging Policies.

Responsibilities

• Lead the company’s hedging strategy and manage financial exposure.
• Analyze market trends to inform hedging decisions.
• Execute derivative transactions in line with company policies.

Skills

Hedging Strategy Development

Financial Analysis

Risk Management

Team Leadership

Regulatory Compliance

Education

MBA (Finance)

Chartered Financial Analyst (CFA)

Chartered Accountant (CA)

Job description

MBA/PG Diploma in Business Mgmt(Finance), Chartered Financial Analyst, Chartered Accountant

Nationality

Indian

Any

Annual Air Ticket, Medical Insurance, Visa

Vacancy

1 Vacancy

Job Description

An African-based Conglomerate Group is seeking an experienced candidate for the role of Head of Department (HOD) – Hedgingfor our Group. The Group is a metal conglomerate having operations in Central Africa and other parts of Africa.

Requirements & Skills

Educational Qualification: MBA (Finance)/ CFA /CA

Experience: Minimum of 10- 12 years of experience in Hedging. Having exposure in big metal Corporate House.

Location: Dubai

· Develop and lead the company’s hedging strategy to manage financial exposure to FX, commodities, and interest rate risks.

· Analyse market trends, macroeconomic indicators, and exposure reports to make informed hedging decisions.

· Work closely with finance, treasury, procurement, sales, and operations teams to understand risk exposures.

· Execute or oversee derivative transactions (forwards, options, swaps, call options, future etc.) in line with company policies.

· Monitor hedge effectiveness and report performance to senior management and the board.

· Establish robust controls and processes around risk identification, measurement, and mitigation.

· Ensure compliance with relevant regulatory frameworks (e.g., IFRS 9 hedge accounting, EMIR, Dodd-Frank).

· Build and manage relationships with banks, brokers, and other financial institutions.

· Mentor and lead a team of analysts and managers in the hedging department.

· Prepare reports and presentations for internal and external stakeholders.

· Connect with Customers to communicate and manage delivery contract, agree pricing for current month deliveries & get confirmations for forward months' pricing in relation to LME.

· Having experience and knowledge in developing SOP and Hedging Policies.

Languages: Proficiency in Englishis required.

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