Head of sales trading Digital Assets

Let your career take off with the World’s Leading Airline, Etihad Airways. Work in the forefront of the airline and travel industry, with the airline that has reimagined the flying experience through its pioneering products and services.

We are looking for a Hedging expert to join our Treasury team:

• Enhance resilience of the company’s balance sheet by continuously monitoring financial risk management opportunities and timely hedging to preserve the company’s financial strength against volatilities in oil, interest rates, forex, and carbon markets. Also, manage the Spot FX trading on a timely basis.
• Support implementation of the airline’s long-term hedging strategy for oil, interest rates, forex, and carbon markets to ensure that the Group is well positioned to address the value at risk (VaR) and provide stability to P&L.
• Provide insight into the hedging strategy including the mix of hedging tenor and derivative products being used.

Accountabilities

• Provide strategic recommendations on hedging strategy including quantifying the exposure, identifying correct underlying risk/proxy to hedge, suitable derivative structures to use, and tenor of hedge such that the hedging volumes remain within approved limits and the company is not exposed to under or over hedging.
• Track the dynamic developments in financial markets to ensure that informed decisions are taken with thorough research.
• Present hedging proposals and market overview with commercial acumen to take timely decisions.
• Manage Spot market sale of FX surpluses such that the company receives best value for its FX using reverse auction procedures such as 360T.
• Support the liquidity planning team in placement of deposits.
• Analyse the hedged portfolio performance regularly for prudent risk management to deliver optimum outcomes and manage execution costs and risks.
• Implement, maintain, and refine the trading processes and systems (TMS, Bloomberg, 360T, etc.) to ensure the trading discipline required of the company’s scale to ensure strong governance.
• Represent Group Treasury at hedging counterparts, various committees/projects, and conferences.
• Support the budgeting and planning exercise for the Group collaborating with FP&A on budget, re-forecasting as well as five-year business plans.
• Manage group reporting requirements including ADQ reporting as well as year-end financial audits.
• Support Head of Corporate Finance & Financial Risk Management in periodic updates of Hedging Policy.
• Develop and maintain excellent business relationships with Etihad (FP&A, Financial Reporting, Corporate Strategy) & external stakeholders.

Education & Experience

• Bachelor's degree from a leading institution in the field of finance or related area. Formal certification from the ACT, CFA, FRM, or an MBA in Finance is desirable.
• A minimum of 5 years’ experience, at least 3 years in a financial risk management role, within risk management functions, banking, or the Treasury function of a large corporate.
• Strong knowledge of financial markets, Excel, PowerPoint/BI, TMS, and Bloomberg.

Etihad Airways, the national airline of the UAE, was formed in 2003 and quickly went on to become one of the world’s leading airlines. From its home in Abu Dhabi, Etihad flies to passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia, and North America. Together with Etihad’s codeshare partners, Etihad’s network offers access to hundreds of international destinations. In recent years, Etihad has received numerous awards for its superior service and products, cargo offering, loyalty programme, and more. All this ties into Etihad’s ambitious Journey 2030 strategy. The airline plans to double its fleet size and triple the number of customers over the next six years as it sets out to be the airline everyone wants to fly!