Director Foreign Exchange

HP is a leading global provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing. Our $4 billion annual R&D investment fuels the invention of products, solutions and new technologies so we can better serve customers and enter new markets. We invent, engineer and deliver technology solutions that drive business value, create social value and improve the lives of our customers.Most of HP's revenue is earned in foreign currencies, exposing the company to the risks of changes in exchange rates.  In addition, HP faces foreign exchange risk from significant monetary assets denominated in foreign currencies.  The Director Foreign Exchange establishes HP's policies for managing risk related to exchange rates, and leads a team that implements this policy.  The role oversees more than $100 billion per year in foreign exchange transactions.  A key challenge is to ensure that foreign exchange exposures are measured and forecasted accurately.  The group is also responsible for consulting with HP business leaders around the world on mitigating foreign exchange risk. MBA Required Chartered Financial Analyst (CFA) designation highly desirable Undergraduate degree from a top school with a technical, economic or business major At least five year's experience managing foreign exchange risk in a corporate environment. Additional foreign exchange experience in a banking environment is a plus Thorough understanding of derivatives accounting rules (FAS 52 and 133) required In-depth understanding of macroeconomics, and the factors that influence exchange rates Must have prior management experience.  Prior experience managing a geographically-diverse team is a plus. Must have previous financial consulting experience, preferably with a large multinational company Experience with financial systems a plus Available quicklyOther general characteristics: Problem-solving and analysis skills Eye for detail and accuracy Team focus Communication skills Leadership Strong analytical abilities Focus on quality Initiative Influence and persuasion skills Flexibility © 2007 Hewlett-Packard Development Company, L.P. The Hewlett-Packard Company is an equal opportunity employer, dedicated to workforce diversity.