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F&G

Experience the power of collaborative thinking.

Director, Hedging

DirectorDirectorFull TimeRemoteLeadTeam 501-1,000Since 1959H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

8 days ago

Salary

0

Seniority

Lead

Bachelor Degree8 yrs expEnglishPythonSQLVBA

Job Description

Director, Hedging

F&G

• Partner with the VP, Hedging Strategy in defining and executing the risk strategy for the derivatives portfolio, aligned with company objectives. This includes contributing to both general account hedging strategies and hedging the liability options embedded in our products. • Execute derivatives trading across a wide array of instruments, including options, interest rate swaps, bond forwards, cross currency swaps, and credit default swaps, with direct responsibility for dealer relationships, trade execution, and best execution practices. • Propose and refine macro trade strategies designed to manage ALM, earnings, capital, and market volatility, maintaining effective risk coverage while actively working to reduce hedge costs. • Maintain valuation models, risk analytics, and decision-support tools for derivatives trading, with a focus on instruments such as options, swaps, currency, bond forwards, and credit derivatives. • Drive initiatives to enhance system performance, ensuring the accuracy of derivative models and automating processes such as pricing and reconciliation.

Job Requirements

  • Bachelor's degree in Computer Science, Finance, Economics, Statistics, Engineering, Mathematics, or a related field. Master's degree in Mathematical Finance or a similar discipline preferred.
  • Programming proficiency required, with demonstrated experience in Python, MATLAB, and VBA. Working knowledge of relational database systems such as SQL Server is a plus.
  • 8+ years of hands-on derivatives trading experience across options, interest rate swaps, bond forwards, cross currency swaps, and credit default swaps, in both OTC and cleared markets, with direct accountability for trade execution, dealer relationships, and best execution.
  • 8+ years of derivatives modelling and valuation experience, with demonstrated proficiency in quantitative frameworks including Heston, local volatility, Bates jump diffusion, and Monte Carlo simulation methods, applied to equity, rate, FX, and credit instruments.
  • Life and annuity business experience required, with an understanding of statutory (STAT) and GAAP accounting principles.
  • CFA/FRM designations preferred.

Benefits

  • Flexible work arrangements

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