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 ...
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 ...
... hedging programs, collateral funding requirements and other. * Draft internal memos and ... As a member of the treasury team, assist in the execution of treasury transactions to include FX ...
... hedging programs, collateral funding requirements and other. * Draft internal memos and ... As a member of the treasury team, assist in the execution of treasury transactions to include FX ...
Solutions - LATAM FX and Interest Rates Analyst - Fall 2026 US Graduate Program
Miami, FL ยท On-site
$60K - $75K/yr
Role Summary The two-year Graduate Program provides recent graduates with hands-on experience ... hedging solutions for clients across asset classes. As part of a front-office advisory function ...
Solutions - LATAM FX and Interest Rates Analyst - Fall 2026 US Graduate Program
Miami, FL ยท On-site
$60K - $75K/yr
Role Summary The two-year Graduate Program provides recent graduates with hands-on experience ... hedging solutions for clients across asset classes. As part of a front-office advisory function ...
... hedging solutions for clients across asset classes. As part of a frontoffice advisory function, the team combines market expertise, structured product design, and advanced analytics to support ...
... hedging solutions for clients across asset classes. As part of a frontoffice advisory function, the team combines market expertise, structured product design, and advanced analytics to support ...
... managers, hedge funds and alternative managers. * Detailed understanding of the regulatory ... And our wealth of development programs and educational support will help you reach your full ...
... managers, hedge funds and alternative managers. * Detailed understanding of the regulatory ... And our wealth of development programs and educational support will help you reach your full ...
Senior Treasury Analyst
Morristown, NJ ยท On-site
... program Manage FX exposures, and recommend appropriate hedging strategies. Manage all processes in hedging activities, including exposure forecasting, hedge execution, and reporting activities.
Senior Treasury Analyst
Morristown, NJ ยท On-site
... program Manage FX exposures, and recommend appropriate hedging strategies. Manage all processes in hedging activities, including exposure forecasting, hedge execution, and reporting activities.
FX Sales - Alternatives, Assistant Vice President
Boston, MA ยท On-site
$175K/yr
... managers, hedge funds and alternative managers. * Detailed understanding of the regulatory ... And our wealth of development programs and educational support will help you reach your full ...
FX Sales - Alternatives, Assistant Vice President
Boston, MA ยท On-site
$175K/yr
... managers, hedge funds and alternative managers. * Detailed understanding of the regulatory ... And our wealth of development programs and educational support will help you reach your full ...
Director of Treasury
Charlotte, NC ยท On-site
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 ...
Director of Treasury
Charlotte, NC ยท On-site
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 ...
Treasury Manager
Concord, NC ยท On-site
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 ...
Treasury Manager
Concord, NC ยท On-site
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
$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
$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 ...
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 ...
Quick apply
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 ...
Apply Early
Oversee operational execution of FX hedging program and interest rate risk management Treasury Systems & Controls (TMS/ERP/Bank Connectivity) * Own treasury operations configuration and data ...
Oversee operational execution of FX hedging program and interest rate risk management Treasury Systems & Controls (TMS/ERP/Bank Connectivity) * Own treasury operations configuration and data ...
Oversee operational execution of FX hedging program and interest rate risk management Treasury Systems & Controls (TMS/ERP/Bank Connectivity) * Own treasury operations configuration and data ...
Oversee operational execution of FX hedging program and interest rate risk management Treasury Systems & Controls (TMS/ERP/Bank Connectivity) * Own treasury operations configuration and data ...
Senior FX Currency Admin Implementations Specialist
Boston, MA ยท On-site
$80K - $120K/yr
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
Senior FX Currency Admin Implementations Specialist
Boston, MA ยท On-site
$80K - $120K/yr
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
Sr. Treasury Analyst
Florham Park, NJ ยท On-site
... program - Manage FX exposures, and recommend appropriate hedging strategies. Manage all processes in hedging activities, including exposure forecasting, hedge execution, and reporting activities.
Sr. Treasury Analyst
Florham Park, NJ ยท On-site
... program - Manage FX exposures, and recommend appropriate hedging strategies. Manage all processes in hedging activities, including exposure forecasting, hedge execution, and reporting activities.
Senior FX Currency Admin Implementations Specialist
Boston, MA ยท On-site
$80K - $120K/yr
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
Senior FX Currency Admin Implementations Specialist
Boston, MA ยท On-site
$80K - $120K/yr
The Currency Administration (CA) Product provides hedging services to various investment fund ... program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base ...
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 ...
Manager, Treasury Accounting
Dallas, TX ยท On-site
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 ...
Manager, Treasury Accounting
Dallas, TX ยท On-site
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 ...
Hedging Program Fx information
See salary details
$10.58 - $13.48
22% of jobs
$13.76 is the 25th percentile. Wages below this are outliers.
$13.48 - $16.39
37% of jobs
$16.39 - $19.30
12% of jobs
$21.02 is the 75th percentile. Wages above this are outliers.
$19.30 - $22.20
9% of jobs
$22.20 - $25.11
10% of jobs
$25.11 - $28.02
3% of jobs
$28.02 - $30.92
2% of jobs
$30.92 - $33.83
2% of jobs
$33.83 - $36.74
2% of jobs
$36.74 - $39.64
1% of jobs
$39.64 - $42.55
1% of jobs
$10
$20
$42
How much do hedging program fx jobs pay per hour?
What are some common challenges faced when managing a corporate FX hedging program, and how can they be addressed?
What is the difference between Hedging Program Fx vs FX Trader?
| Aspect | Hedging Program Fx | FX Trader |
|---|---|---|
| Required Credentials | Typically requires finance, risk management, or related certifications | Requires trading licenses, financial certifications, and market knowledge |
| Work Environment | Corporate risk management teams within financial institutions or corporations | Trading floors, financial institutions, or proprietary trading firms |
| Employer & Industry Usage | Used by companies to mitigate currency risk; employed by risk management departments | Used 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?
What are the key skills and qualifications needed to thrive as a Hedging Program FX Specialist, and why are they important?

Director, Investments, Derivatives Management and Trading (Hybrid)
Madison, WI โข 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
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.
About CUNA Mutual Group
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
1,001 - 5,000 Employees
Headquarters location
Madison, WI, US
Year founded
1935