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Hedging Program Fx Jobs (NOW HIRING)

Execute hedging programs for FX, interest rate, and other market risks in line with approved strategies * Manage trade execution, settlements, documentation, and counterparty coordination * Maintain ...

You will have a broad, dynamic remit overseeing global cash management, FX exposure, credit rating ... Proven track record of managing multi-currency cash flows and corporate hedging programs in a ...

Treasurer

Jersey City, NJ

$175K - $210K/yr

... programs. This role will oversee cash planning, bank relationship management, bank-to-ERP portal ... FX hedging and financial risk management * Cash pooling (notional and/or physical) * Debt ...

Treasurer

Jersey City, NJ ยท On-site

$175K - $210K/yr

... programs. This role will oversee cash planning, bank relationship management, bank-to-ERP portal ... FX hedging and financial risk management * Cash pooling (notional and/or physical) * Debt ...

In addition, you will support the company's hedging programs, including derivative and hedge ... Manage accounting for derivative instruments, including interest rate swaps, FX forwards, power ...

Apply Early

In addition, you will support the company's hedging programs, including derivative and hedge ... Manage accounting for derivative instruments, including interest rate swaps, FX forwards, power ...

In addition, you will support the company's hedging programs, including derivative and hedge ... Manage accounting for derivative instruments, including interest rate swaps, FX forwards, power ...

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Hedging Program Fx information

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How much do hedging program fx jobs pay per hour?

As of Jun 30, 2026, the average hourly pay for hedging program fx in the United States is $20.01, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $22.36 per hour, depending on experience, location, and employer.

What are some common challenges faced when managing a corporate FX hedging program, and how can they be addressed?

Professionals managing corporate FX hedging programs often face challenges such as accurately forecasting currency exposure, selecting appropriate hedging instruments, and aligning strategies with the company's risk tolerance. Coordinating with multiple departments, such as treasury, accounting, and operations, is crucial to ensure correct data and timely execution. To address these challenges, it's important to implement clear communication channels, regularly review hedging policies, and leverage technology for real-time data analysis and reporting. Continuous professional development and staying updated on market trends also help in making informed decisions.

What is the difference between Hedging Program Fx vs FX Trader?

AspectHedging Program FxFX Trader
Required CredentialsTypically requires finance, risk management, or related certificationsRequires trading licenses, financial certifications, and market knowledge
Work EnvironmentCorporate risk management teams within financial institutions or corporationsTrading floors, financial institutions, or proprietary trading firms
Employer & Industry UsageUsed by companies to mitigate currency risk; employed by risk management departmentsUsed by traders to buy/sell currencies for profit or client needs

While both roles involve currency markets, Hedging Program Fx focuses on managing and mitigating currency risk for organizations, whereas FX Traders actively buy and sell currencies to generate profit. Understanding these differences helps clarify career paths and employer expectations in the currency trading industry.

What is a Hedging Program in FX?

A Hedging Program in FX (foreign exchange) is a structured approach that companies or investors use to manage and reduce the risks associated with currency fluctuations. These programs typically involve using financial instruments such as forwards, options, and swaps to lock in exchange rates or offset potential losses from unfavorable currency movements. The goal is to protect profits, stabilize cash flows, and provide greater certainty in financial planning when dealing with multiple currencies. FX hedging is especially important for businesses engaged in international trade or investments. Properly implemented, it can help mitigate the impact of volatile currency markets on a company's bottom line.

What are the key skills and qualifications needed to thrive as a Hedging Program FX Specialist, and why are they important?

To thrive as a Hedging Program FX Specialist, you need a strong background in finance, economics, and quantitative analysis, often supported by a relevant degree or professional certification such as CFA or FRM. Proficiency with financial modeling tools, risk management systems, and trading platforms like Bloomberg or Reuters is typically required. Exceptional analytical thinking, attention to detail, and effective communication help in interpreting complex market data and explaining strategies to stakeholders. These skills are crucial for managing currency risk, optimizing hedging strategies, and ensuring the financial stability of the organization.
More about Hedging Program Fx jobs
What cities are hiring for Hedging Program Fx jobs? Cities with the most Hedging Program Fx job openings:
What states have the most Hedging Program Fx jobs? States with the most job openings for Hedging Program Fx jobs include:
Infographic showing various Hedging Program Fx job openings in the United States as of June 2026, with employment types broken down into 5% As Needed, and 95% Part Time. Highlights an 82% Physical, 10% Hybrid, and 8% Remote job distribution, with an average salary of $41,630 per year, or $20 per hour.
Director, Investments, Derivatives Management and Trading (Hybrid)

Director, Investments, Derivatives Management and Trading (Hybrid)

CUNA Mutual Group

Madison, WI โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Key responsibilities

  • Lead the design, execution, and governance of derivative strategies supporting the insurance general account, including RILA hedging, interest rate, and foreign exchange risk management.

  • Communicate complex derivative strategies, hedge performance, and balance sheet impacts to senior leadership, investment committees, and external counterparties.

  • Develop and maintain strong external relationships with dealers, banks, and industry participants to inform strategy, negotiate pricing, and access market opportunities.


Job description

At TruStage, we're on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what's possible. We need you to help us shape what's next. You'll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.
Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition
This role is required to maintain a presence in our corporate headquarters in Madison, WI. Strong preference for candidates in the Madison area or for those who are open to relocation (relocation assistance offered).
Job Purpose:
This position is accountable for the derivatives management function supporting the firm's insurance general account, with derivative trading and execution serving as a core component of the role. The position has a primary responsibility for RILA hedging and broader enterprise risk management including interest rate, foreign exchange, and other derivative strategies.
The Director partners closely with Asset Liability Management (ALM) and Product teams to design, implement, and continuously refine hedging strategies aligned with liability profiles, product features, capital objectives, and enterprise risk tolerances.
This role serves as a market-facing leader and thought leader in derivatives, actively engaging with external counterparties and industry participants to inform strategy, drive best practices, and ensure the organization remains at the forefront of evolving market dynamics and regulatory developments.
Job Responsibilities:
Communicates Effectively:
  • Clearly communicates complex derivative strategies, hedge performance, and balance sheet impacts to senior leadership, ALM, Product, portfolio managers, and risk committees.
  • Demonstrates strong executive presence in ALCO, product strategy discussions, and other investment related committees.
  • Represents the firm externally with counterparties, industry groups, and market participants.

Ensures Accountability:
  • Responsible for execution of derivative strategies with strong attention to detail, risk discipline, and operational accuracy.
  • Accountable for successful design and implementation of hedging programs, particularly RILA-focused strategies, as well as interest rate, FX, and broader derivative applications.
  • Aligns derivative activity with ALM objectives, product design features, and enterprise risk appetite.
  • Drives high-performance culture with consistent achievement of risk, return, and operational objectives.

Learning:
  • Maintains expert-level knowledge of global derivative markets, structured products, and insurance hedging techniques.
  • Acts as a thought leader, bringing external insights, innovations, and emerging trends into the organization
  • Continuously monitors regulatory developments and industry best practices, responsible for alignment and proactive adaptation.
  • Use and evaluation of systems such as Bloomberg, risk analytics platforms, and trade/order management systems.

Fosters Inclusion:
  • Promotes a culture of collaboration across trading, ALM, Product, actuarial, portfolio management, risk, and operations teams.
  • Serves as a culture ambassador for TruStage Investment Management.

Customer Focus:
  • Manage relationship with ALM and Product teams to align derivative strategies with liability structures and product features, particularly for RILA offerings.
  • Provides forward-looking insights that inform product design, pricing, and risk management decisions.
  • Incorporates external market intelligence to enhance hedge effectiveness and capital efficiency.

Leadership:
  • Guides and mentors derivatives traders and analysts.
  • Builds organizational capability in derivatives strategy, execution, and innovation.
  • Demonstrates strong self-awareness, authenticity, and the ability to lead through complexity.

Core Functional Responsibilities:
  • Lead design, execution, and governance of derivative strategies in close partnership with ALM and Product, including:
    • RILA hedging programs (primary focus; options-based strategies supporting buffers, caps, GLWBs, and crediting structures).
    • Interest rate risk management (swaps, swaptions, futures, Treasury derivatives aligned with liability sensitivities).
    • Foreign exchange hedging for global asset exposures.
    • Additional derivative strategies supporting liquidity management, spread risk, capital optimization, and tactical positioning.
  • Serve as a key connector across Investments, ALM, and Product, ensuring cohesive strategy across asset, liability, and product dimensions.
  • Develop and maintain strong external relationships with dealers, banks, and counterparties, negotiating pricing, accessing liquidity, and identifying market opportunities.
  • Actively engage with industry forums and peer networks to stay aligned with emerging derivatives practices and innovations and regulations.
  • Provide thought leadership on derivatives strategy, including new hedging approaches and structuring techniques to support evolving insurance products.
  • Monitor and interpret regulatory and accounting developments (e.g., NAIC, derivatives oversight, capital treatment, GAAP hedge accounting) and incorporate changes into strategy and governance.
  • Execute trades and oversee full lifecycle management (pricing, execution, collateral, settlements) with precision and strong controls.
  • Manage relationship with ALM, Product, and risk management to monitor exposures, perform stress testing, and evaluate hedge effectiveness.
  • Responsible for compliance with regulatory frameworks and internal governance standards.
  • Develop and enhance investment and derivatives policies.
  • Collaborate across enterprise functions (ALM, Product, actuarial, finance, risk, legal, operations).
  • Present derivative strategy, product implications, hedge performance, and ALM alignment insights to ALCO, and senior leadership.
  • Lead or contribute to enterprise-wide strategic initiatives involving derivatives, hedging optimization, and product innovation.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.
Job Requirements:
  • Graduate degree preferred (Finance, Economics, Engineering, or related field).
  • 12+ years direct work experience in derivatives trading, insurance asset management, ALM, or related functions.
  • Deep expertise across derivatives instruments including options, swaps, futures, and structured hedging strategies.
  • Strong knowledge of insurance balance sheet management, with experience supporting RILA or similar products strongly preferred.
  • Demonstrated experience partnering with ALM, Product, and actuarial teams.
  • Proven ability to build and maintain external market relationships with counterparties and industry participants.
  • Strong understanding of regulatory and accounting frameworks governing derivatives (e.g., NAIC, statutory reporting) and ability to adapt to evolving requirements.
  • Proven ability to provide strategic insight and thought leadership influencing product development and risk management.
  • Proven ability to translate strategy into disciplined execution with strong operational controls.
  • Experience leading or mentoring investment professionals.
  • Strong analytical skills with ability to interpret complex financial, actuarial, and risk data.
  • Excellent communication and influencing skills across internal and external audiences.
  • Proficiency in Bloomberg and derivative analytics/risk systems.
  • Professional designations such as CFA, FRM, or equivalent strongly preferred.
  • Ability to travel 10%-20%.

#LI-LT
If you're ready to help make a difference, apply today. A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.
At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when "life happens," you can focus on what's most important.
Accommodation request
TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.