Associate, Corporate FX Derivatives

About the role

Derivative Path empowers institutions across the capital markets with innovative, AI-driven technology and expert advisory solutions. Our award-winning cloud platform and advisory teams support banks, credit unions, private equity firms, hedge funds, asset managers, corporations, and insurance companies in managing interest rate, FX, and commodity risks, optimizing hedging strategies, and streamlining cross-border payments. With a client base spanning over 250 institutions, we deliver scalable solutions that enhance risk management and drive operational performance. Through strategic partnerships with Goldman Sachs, Wells Fargo, FNBO, Q2, and Jack Henry, we provide best-in-class capabilities to help clients achieve their financial objectives in an ever-evolving market.

Responsibilities

• Assist in all aspects of client coverage including risk identification and analysis, hedge strategy generation, pricing and analytics, trade execution, ongoing hedge portfolio maintenance and reporting needs, etc.
• Directly interact with clients to discuss the risks at play, potential hedging solutions, hedge outcomes, etc.
• Directly interact with hedge banks and other relationship partners of clients to drive transaction processes
• Prepare client marketing materials, market updates, educational materials, etc.
• Auxiliary in idea generation related to enhancements to EDGE and assist in testing related to enhancements which are due for future releases
• Lead internal and pre-trade / post-trade processes such as client onboarding, documentation, confirmations, valuations, etc.
• Provide ad-hoc support to senior members of the Risk Solutions group and other team members across the firm

Requirements

• 1-3 years+ of derivatives experience at a bank or within a private equity firm focusing on derivatives and capital markets
• Prior experience pricing, analyzing, and executing FX derivatives is required; functional experience with all of interest rate, cross-currency, and FX derivatives is a plus
• Experience discussing and negotiating all aspects of transaction charges including market bid/ask and XVA (bilateral CVA, funding, regulatory capital) and solid understanding of the key drivers of those transaction charges
• Experience with and understanding of private equity derivative activity is a plus

Qualifications

• Strong communication, presentation, and written skills
• Ability to work in a fast-paced, deadline driven, dynamic work environment; can manage multiple competing priorities
• Desire to increase responsibility, take on additional roles, and expand skill set over time
• Exceptional attention to detail
• Highly collaborative with proven ability to work with internal teammates, customers, and external vendors
• Proud of the work you do and receptive to constructive feedback
• Superior skills in Microsoft Office – PowerPoint, Excel, Word
• Experience with Bloomberg as well as other derivatives pricing and risk systems

Skills

• Strong communication and interpersonal skills
• Ability to work in a fast-paced, deadline-driven environment
• Attention to detail and organizational skills
• Collaboration and teamwork
• Microsoft Office proficiency (PowerPoint, Excel, Word)
• Experience with Bloomberg and other derivatives pricing and risk systems

Benefits

• Base salary, equity, and annual bonus as part of the compensation package
• 40 hours of sick leave
• 18 days of PTO
• Paid parental leave
• 401K contribution at 3%
• Competitive health benefits including HSA & FSA options, life insurance, and short-term disability

Pay

The expected salary for this position is $110,000 - $130,000 and is eligible for a discretionary bonus and equity. We will consider your skills, experience, and location when determining your pay.

Schedule

NYC, Hybrid