What are the responsibilities and job description for the Front Office Lead position at Baker Hughes?
Are you passionate about making an impact?
Partner with the best
Join our team!
The Front Office Lead will be responsible for onboarding hedging counterparties including setting-up ISDA’s, executing various hedging instruments, driving investment strategy and executing investment trades, managing and reporting counterparty exposures, providing FX rates for annual planning purposes and supporting valuation of various financial instruments.
As the Front Office Lead will have the following responsibilities:
- Executing various hedging instruments for FX (spot, forward, swaps, NDF/NDS, options, algos, stop/loss orders), OTC commodity (swaps, orders) derivatives with selected counterparty and update TMS.
- Providing instrument pricing and multiple market data to various teams within and outside Treasury.
- Driving investment strategy and execute investments (deposits, money market funds) and short-term borrowings (commercial paper).
- Managing share of wallet with various counterparty banks and lead:
- ISDA negotiations and related KYC.
- Measurement and monitoring of counterparty exposures.
- Providing various reports such as FX monthly forecast and regular/ad-hoc updates of key economic events.
- Publishing MOR/GAP rates, providing FX forecast input of AP/LRP.
- Ensuring reasonableness of financial instrument portfolio valuation and perform quarterly valuations of bonds, leases, and interest rates swaps.
- Performing monthly master data review in Treasury Management System (Example: pegged currencies, currency pair mapping)
- Driving initiatives which include process simplification, new exposure identification and new derivative hedging instruments.
- Fixing maturing NDF/NDS’s, commodities at the beginning of each month, and interest rate swaps as required.
- Leading and support ad-hoc projects.
Fuel your passion
To be successful in this role you will have:
- Master of Business Administration from an accredited university with focus on Finance is preferred or equivalent knowledge & experience
- Proven years of experience in a large and complex MNC Corporate Treasury function OR Markets function at a financial institution
- Excellent communication skills in various forms, including verbal, written and presentational.
- Treasury Management System and Bloomberg platform knowledge
- Experience of interacting with senior stakeholders, the post holder will need to relate to senior business and finance leaders and senior financial institution personnel
- Managing relationships; able to build and maintain effective working relationships with a range of people at all levels both internal and external
- Resilience, there are many pressures within the role which are related to both time and the need to make appropriate decisions within a dynamic environment
Desired Characteristics
- Able to anticipate, identify, and resolve complex financial issues
- Prior experience in working on Quantum (FIS)
- Finance Markets & Trading experience
- Effective interpersonal and leadership skills
Working with us
Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.
- Working flexible hours - flexing the times when you work in the day to help you fit everything in and work when you are the most productive.
Working with us
Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.
Working for you
Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:
- Contemporary work-life balance policies and wellbeing activities
- Comprehensive private medical care options
- Safety net of life insurance and disability programs
- Tailored financial programs
- Education Assistance
- Generous Parental Leave
- Mental Health resources
- Dependent Care
- Additional elected or voluntary benefits
Join Us:
Baker Hughes Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
