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Job description
Description:
As the Deputy Manager, you will play a pivotal role in leading and overseeing a team dedicated to Forex hedging and risk management. This position requires a strategic mindset and expertise in the financial markets, specifically in foreign exchange. Your primary focus will be on developing and implementing innovative strategies to mitigate currency risks for the organization. The ideal candidate will have a strong understanding of derivatives, including options and futures, and their application in managing exposure to market volatility. With your advanced skills in financial analysis and a track record of success in the industry, you will contribute to the overall growth and stability of the company's financial operations. This role is perfect for someone seeking a challenging opportunity to showcase their leadership abilities and make a significant impact in a dynamic and ever-evolving global market. The Deputy Manager will be an integral part of a collaborative team, ensuring the organization's financial health and success in the long term
Key Responsibilities:
As a Deputy Manager in the field of Forex and financial risk management, your key responsibilities will encompass a crucial role in the organization's success.
You will be responsible for assisting the Manager in leading a team of analysts and traders, ensuring smooth operations and effective risk mitigation strategies.
Your primary focus will be on developing and implementing hedging strategies for foreign exchange exposures.
This includes analyzing market trends, identifying potential risks, and creating tailored hedging solutions using options, futures, and other derivative instruments.
You will need to collaborate closely with the front office, providing expertise and guidance to traders and offering real-time support during trading activities.
Furthermore, you will be responsible for conducting comprehensive risk assessments, stress testing, and scenario analyses to identify and mitigate potential threats.
Regular reporting on market movements, risk exposures, and the performance of hedging strategies will be essential.
Your role will also involve staying updated on regulatory changes and ensuring compliance with relevant financial regulations.
Effective communication and mentorship skills are vital, as you will be expected to provide guidance and train junior team members, fostering a collaborative and knowledgeable team environment.
Qualifications:
Qualifications for the role of Deputy Manager:
The ideal candidate will possess a strong academic background, with a minimum of a Master's degree in Finance, Economics, Business Administration, or a related field.
Advanced degrees or certifications in financial risk management or international finance are highly desirable.
We expect the candidate to have a minimum of 5 to 10 years of relevant work experience in the financial industry, specifically within foreign exchange (FX) or treasury operations.
Proficiency in forex hedging, options, and future markets is essential, with a proven track record in managing currency risks and implementing effective hedging strategies.
This role requires excellent analytical skills and a deep understanding of financial markets.
The candidate should be adept at interpreting complex financial data, identifying trends, and providing insightful recommendations to mitigate risks associated with foreign currency exposure.
Additionally, strong communication and interpersonal abilities are vital, as the Deputy Manager will collaborate with various teams and stakeholders to ensure successful risk management practices.
Most Accounting & Finance Jobs posts in Mumbai ask for 3–6 years of experience (46% of 308 that say).
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From live job posts on CoreHRx, updated 5 Nov 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.
Questions about this job
What is the salary for this Manager job?
The post does not state the pay. As an estimate, comparable posts on CoreHRx advertise ₹5.3L – ₹12L a year (typical for Accounting & Finance Jobs in Mumbai, 54 posts).
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