CareerFinders, on behalf of the Bank of Cyprus, Cyprus’ largest and most prestigious Banking Institution, we are seeking to recruit an Interest Rate & FX Risk Management Officer to join their Treasury Department based in Nicosia. The successful applicant will primarily be responsible for managing the Bank’s interest rate and FX risk, and for enhancing/updating its Lending Pricing Policy. You will ideally hold an academic background relating to Finance, Economics, Mathematics or a similar field and holders of the CFA qualification or those working towards it are encouraged to apply. Our client is seeking an applicant with approximately of 2+ years of relevant professional experience who possesses a good understanding of Financial Markets and Derivative instruments. 

Key Duties/Responsibilities: 

• Manage the interest rate position of the Bank.  
• Hedge any open positions that arise with the use of on balance sheet instruments or interest rate derivatives.
• Manage the FX risk of the Bank.
• Hedge open positions via FX spot and FX derivative transactions.
• Follow developments regarding interest rates and FX and assess their impact on the Bank’s balance sheet.
• Negotiate the terms of derivative transactions executed with counterparties to achieve best execution.
• Review and negotiate ISDA/CSA and other derivative related agreements.
• Ensure compliance with the Benchmark regulation.
• Enhance/update the Lending Pricing policy of the Company.
• Prepare presentations for Management team.

Key Skills/Experience: 

• Bachelor Degree in Finance/Economics/Mathematics.
• Master Degree in Finance or other related subject is highly desirable.
• CFA qualification or studying towards CFA will be considered as an advantage.
• Approximately 2+ years of previous experience in a relevant position.
• Good understanding of Financial Markets & Derivative instruments.
• Knowledge of Financial Risk Management methods and practices.
• Holders of CySEC Advanced Certification are encouraged to apply.
• Knowledge of Bloomberg will be considered as an additional advantage.
• Excellent written and verbal communication in both Greek and English.
• Excellent IT skills - Advanced skills in MS Excel, MS Word and MS PowerPoint.
• Structured and critical thinking.
• Excellent analytical and problem-solving skills.
• Ability to manage time, workload and multiple tasks.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the reference number CAR6171. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.