Sr. Hedging Analyst

Overview

This Senior Hedging Analyst role supports the organization’s hedging program by executing, analyzing, and managing derivative transactions and related risk activities. The position oversees the derivative trade lifecycle and supports controls, reporting, and processes used to manage market risk. Work is performed in accordance with approved hedging strategies, risk limits, policies, and procedures.

The role is detail-oriented and optimized for a time-sensitive, deadline-driven environment. It partners with internal teams and external counterparties, brokers, and service providers.

Responsibilities

• Execute approved derivative hedging transactions within delegated authority and manage the trade lifecycle, including:
  • Pre-trade checks
  • Trade capture
  • Confirmation
  • Reconciliation
  • Settlement coordination
  • Issue resolution
• Serve as a primary contact for trade execution and support matters with internal teams, counterparties, brokers, and service providers.
• Monitor derivative positions, market data, and operational deadlines to support effective hedge execution, timely processing, and adherence to established controls.
• Prepare, validate, and distribute recurring hedging, risk, and management reports; identify issues, control gaps, and improvement opportunities.
• Analyze portfolio exposures, market sensitivities, profit and loss, hedge performance, broker quotes, trade economics, and valuation outputs to support execution, risk oversight, and reporting.
• Support analysis of bespoke indices, payoff structures, and new products, including derivative characteristics, hedging implications, operational readiness, and reporting needs.
• Use Python, SQL, Excel, and related tools to automate workflows, improve data quality, and enhance reporting and trade support.
• Lead or contribute to enhancements of hedging processes, trading and risk systems, and reporting, including requirements, testing, implementation, and procedure updates.
• Act as a subject matter expert on hedging processes and trade workflows; maintain process documentation and support ad hoc business, audit, regulatory, and risk management requests.

Supervisory Responsibilities

• No formal people leadership responsibilities; may provide guidance, mentorship, or subject matter expertise to others.

Requirements

• Exceptional attention to detail and commitment to accuracy, especially when managing trade details, reports, reconciliations, and time-sensitive deliverables.
• Ability to follow established processes and controls, recognize exceptions, and escalate issues promptly.
• Strong verbal and written communication skills; communicate clearly and professionally with internal stakeholders, counterparties, and service providers.
• Ability to make sound, timely decisions within defined authority limits while managing recurring workflows, reporting, and controls in a fast-paced, market-sensitive, deadline-driven environment.
• Self-motivated and organized; prioritize competing requests, manage concurrent responsibilities, and follow through.
• Analytical and quantitative aptitude, including understanding of derivative pricing, market risk, portfolio exposures, sensitivities, profit and loss, hedge performance, and valuation concepts.
• Strong problem-solving skills and continuous improvement mindset; identify opportunities for automation and reporting improvements.
• Ability to work independently within established procedures and collaborate across business, investment, risk, technology, and operations teams.
• Strong interest in capital markets, derivatives, hedging, portfolio management, and ongoing professional development.

Technical Skills

• Advanced proficiency in Microsoft Excel is required.
• Working knowledge of SQL and relational databases (e.g., SQL Server) is preferred.
• Familiarity with using Bloomberg or comparable platforms for investment analysis, portfolio management, and reporting is preferred.
• Experience using Python is preferred for automating business processes, analyzing financial or operational data, developing repeatable reporting, or supporting trading and hedging workflows.

Education

• Bachelor’s Degree
• Field of study: Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, Business, or a related field; equivalent relevant experience may be considered.

Experience

• 3+ years of relevant experience
• 3+ years of progressive experience in hedging, derivatives, trading, capital markets, treasury, investment operations, or a related financial-services function.
• Experience in insurance, asset liability management, or life/annuity hedging is preferred, but not required.
• Experience executing, supporting, or managing derivative trade lifecycles (including options, swaps, and futures).
• Familiarity with derivative valuation, market risk, hedge performance, and profit and loss analysis is preferred.

Compensation & Benefits

• Not specified in the provided description.

Location & Work Environment

• In-office, hybrid, and remote work arrangements are available.
• During the hiring process, the candidate will work with their leader to decide what works best for the role.

Accommodation & Equal Opportunity

• The organization complies with federal and state disability laws and provides reasonable accommodations for applicants and candidates with disabilities, unless doing so would cause an undue hardship.
• Applicants who need accommodation to participate in the job application or interview process should request it during the hiring process.

Note for California Residents

• Privacy notice for California residents under the California Privacy Rights Act is applicable to applicants (details provided in the original posting).