Senior Derivatives Specialist

🏗 We're Hiring: Senior Derivatives Specialist

📍 Location: United Arab Emirates (Remote)

🕒 Employment Type: Full-Time

💼 Experience Level: Mid-Level to Senior

🌐 Work Arrangement: Fully Remote

About Us

We are a construction-focused organization committed to delivering complex projects through disciplined financial management, commercial excellence, effective risk control, and collaborative project delivery. Our multidisciplinary teams work across Project Management, Construction, Engineering, Procurement, Commercial, Legal, Finance, Treasury, Risk Management, and Executive Leadership to support sustainable operations and informed financial decision-making.

We value professionals who combine technical expertise, analytical thinking, and strong governance practices to manage financial exposures and strengthen organizational performance.

The Role

We are seeking an experienced Senior Derivatives Specialist to support the evaluation, execution, monitoring, and management of derivative financial instruments used for hedging, risk mitigation, and financial planning. The ideal candidate will have strong knowledge of derivative products, market risk, valuation methodologies, financial regulations, and treasury operations.

The role will focus on managing exposures related to foreign exchange, interest rates, commodities, and other relevant market risks, particularly those arising from international construction contracts, procurement commitments, financing arrangements, and cross-border business activities.

Key Responsibilities

• Analyze and manage derivative instruments, including forwards, futures, options, swaps, and other structured financial products.
• Evaluate market exposures arising from foreign exchange movements, interest rate fluctuations, and commodity price volatility.
• Develop and implement appropriate hedging strategies aligned with organizational risk appetite and approved financial policies.
• Support the execution, confirmation, settlement, and monitoring of derivative transactions.
• Assess derivative pricing, valuation, sensitivities, and potential financial impacts under different market scenarios.
• Monitor market trends, economic indicators, interest rates, exchange rates, and commodity prices affecting business operations.
• Coordinate with Treasury, Finance, Procurement, Commercial, and Legal teams to identify and manage financial exposures.
• Evaluate hedging requirements associated with construction materials, equipment purchases, international suppliers, and foreign currency contracts.
• Review derivative contracts, transaction confirmations, collateral arrangements, and counterparty documentation.
• Monitor counterparty credit risk, collateral requirements, margin calls, and contractual exposure limits.
• Maintain accurate records of derivative positions, transactions, valuations, approvals, and settlements.
• Support financial forecasting, cash flow planning, liquidity management, and treasury reporting.
• Prepare risk reports covering derivative portfolios, hedge effectiveness, valuation changes, and potential financial losses.
• Ensure derivative transactions comply with internal policies, delegated authority limits, applicable regulations, and contractual requirements.
• Support hedge accounting documentation and coordinate with Finance and external auditors where applicable.
• Assist with financial risk assessments, stress testing, scenario analysis, and sensitivity modeling.
• Identify opportunities to improve hedging effectiveness, transaction efficiency, and financial risk management controls.
• Support internal and external audits by maintaining complete and traceable derivative transaction documentation.
• Maintain confidentiality when handling sensitive financial information, trading positions, and commercial arrangements.
• Provide technical guidance to colleagues on derivative products, market risk, valuation, and hedging practices.
• Perform other derivatives, treasury, financial risk management, and related duties as assigned by management.

Qualifications and Experience

• Bachelor's degree in Finance, Economics, Accounting, Mathematics, Financial Engineering, or a related discipline.
• Relevant professional certification or postgraduate qualification is an advantage.
• Significant experience in derivatives, treasury, financial markets, investment operations, or financial risk management.
• Strong understanding of derivative instruments, valuation principles, hedging strategies, and market risk methodologies.
• Experience analyzing foreign exchange, interest rate, commodity, and counterparty exposures.
• Familiarity with hedge accounting, financial reporting standards, and applicable regulatory requirements.
• Strong analytical, quantitative, problem-solving, and financial modeling skills.
• Proficiency in Microsoft Excel and financial analysis tools; experience with treasury management or risk systems is an advantage.
• Excellent communication, documentation, stakeholder management, and presentation skills.
• High standards of integrity, accuracy, confidentiality, and professional judgment.

Preferred Certifications

• Chartered Financial Analyst (CFA)
• Financial Risk Manager (FRM)
• Association of Corporate Treasurers (ACT) qualifications
• Relevant treasury, derivatives, or financial markets certifications

Key Performance Indicators (KPIs)

• Accuracy and timeliness of derivative valuations and risk reports.
• Effectiveness of approved hedging strategies.
• Compliance with risk limits, transaction approvals, and internal policies.
• Timeliness of trade confirmations, settlements, and reconciliations.
• Quality of hedge documentation and audit readiness.
• Identification and mitigation of material financial exposures.
• Reduction of operational errors and control deficiencies.

What We Offer

• Competitive compensation aligned with qualifications and experience.
• Fully remote working arrangements.
• Opportunities to contribute to financial risk management and strategic decision-making.
• Collaboration with multidisciplinary teams across international projects.
• Professional development and continuous learning opportunities.
• A supportive environment that values integrity, accountability, and analytical excellence.

How to Apply

Interested candidates are invited to submit their updated CV and a cover letter highlighting their derivatives expertise, hedging experience, financial risk management capabilities, and relevant professional qualifications.

• Join our team and help strengthen financial resilience through effective derivatives management and disciplined risk control.