| Learning Objectives: | |
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Understand the current trends in the market |
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Understand and implement the basic tools used to mitigate FX exposures |
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Communicate a FX strategy effectively to a board |
| Wednesday, May 5, 2:00 - 3:15 | view all sessions this time |
| Risk Fundamental | view all sessions this track |
| 305 - Mitigating Foreign Exchange Risk: To Hedge or Not to Hedge | |
| This session will provide an introduction to foreign exchange basics. Topics covered will include: the current market environment and trends, definition of terms and basic hedging tools, and how to establish a risk management strategy. We will also look at how companies of all sizes can mitigate their FX exposure in volatile markets. Translating the markets swings and knowing what to expect is an important part of understanding what a CFO can do to manage the international business exposures. Also covered will be how a company who does not have a large finance team mange a hedging strategy and band-with issues and how a large public company gain more control over their many exposures with a solid risk management policy. |
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| Learning Objectives: | |
|
Understand the current trends in the market |
|
Understand and implement the basic tools used to mitigate FX exposures |
|
Communicate a FX strategy effectively to a board |
| Paul
Jennings, Silicon Valley Bank Paul Jennings is a senior advisor with the Global Financial Services Group at Silicon Valley Bank. He has 10 years experience in foreign exchange and international cash management. Paul works with SVB clients on all aspects of their global banking needs. Prior to SVB, Paul worked with Anglo Irish Bank in Boston where he led the Private Equity Treasury Group and developed strategy for FX sales in North America. Paul also established and led the Anglo Irish Bank US Deposit business. Paul is a Board Member of the Boston Irish Business Association (BIBA) and the Environment and Energy Committee of the British American Business Council (BABCNE). Paul is a business graduate of the University of Ulster in Ireland. Scott Petruska, Silicon Valley Bank Scott Petruska is a senior international product advisor for Silicon Valley Banks’ global financial services group, based in Boston, MA. He advises clients on currency hedging strategies and helps them with other aspects of global banking. In addition, he regularly writes articles on topics covering the global markets, conducts client seminars and webinars, and speaks at regional financial conferences. Scott has over 25 years experience in the currency and interest rate markets, and has lived and worked in Boston, Chicago, New York City, Singapore, and Tokyo. Prior to joining SVB in 2009, he worked at several large international financial institutions, including National Westminster Bank, Irving Trust, Bank of New York, State Street Bank and Commerce Bank. He has been a trader, product developer, research/analyst, salesperson and advisor. Scott has been awarded several professional designations, including the CFA (Chartered Financial Analyst), FRM (Financial Risk Manager) and CMT (Certified Market Technician). He earned his undergraduate degree in Finance & Banking from the University of Wisconsin.
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