Elements and Performance Criteria
- Assess hedge financial transaction
- Complete hedge transaction
- Undertake hedge transaction with counterparties in accordance with organisational guidelines, credit and other desk limits
- Collect hedge transactional details, complete relevant documentation and enter hedge transaction into the organisation’s dealing system
- Report details of transaction to authorised trade repository where required by regulation
- Assess adjusted financial position
- Assess new post-transaction position in line with profit and loss and risk reports, and new market data available
- Adjust hedge position, based on analysis of new data, if risk remains outside scope of organisational tolerance or market moves
- Collect additional transactional details, complete relevant documentation and enter new transaction into organisation’s dealing systems