FHNF OIL AND GAS HEDGING DERIVATIVES SPECIALIST - SENIOR VICE PRESIDENT
First Horizon Bank, Memphis, TN, United States
Role Overview
First Horizon Bank is seeking an experienced Oil & Gas Hedging & Derivatives Specialist to lead the design and execution of client-driven commodity hedging programs in support of the Energy, Commercial, and Specialty Lending Groups. This individual will work closely with relationship managers, credit officers, and energy bankers to integrate commodity hedging into reserve‑based lending (RBL), project finance, corporate revolvers, and other energy lending products, helping clients stabilize cash flows and protect borrowing capacity. This role will be focused exclusively on the servicing of lending clients within First Horizon’s footprint and does not involve proprietary trading.
Key Responsibilities
Participate in joint client meetings with lenders to discuss market conditions, hedge structures, and how hedging supports credit metrics and capital plans.
Translate borrowers’ commodity exposures (production profiles, basis risk, transportation, storage, offtake contracts and consumption) into tailored hedging programs aligned with loan covenants and business plans.
Originate and present hedge optimization ideas, re‑hedge opportunities, and scenario analyses that align with each client’s capital structure and lending arrangements.
Assist with Commercial Bankers across the First Horizon footprint with consumption hedges for clients that have energy price exposure in their operations.
Execute client‑initiated oil and gas derivatives (swaps and options) in support of existing and prospective energy lending relationships.
Work with legal and documentation teams on ISDA/CSA agreements, hedging provisions in loan documentation, and confirmations for client trades.
Ensure accurate and timely trade capture, confirmations, and reconciliation in coordination with middle and back office.
Record hedge transactions and off-setting upstream positions in derivative system of record.
Qualifications Required
Prior experience in providing commodity hedging advice & execution to upstream oil & gas exploration & production companies who have reserve-based loans.
10+ years of experience in oil and/or natural gas derivatives hedging, marketing, or structuring, ideally with direct exposure to energy lending, RBL, or project finance.
Meaningful experience in over-the-counter back-to-back hedging programs
Strong understanding of physical oil and gas markets, benchmarks, and basis dynamics, and how they interact with lending structures and credit risk.
Demonstrated experience designing and implementing hedging programs for corporate or sponsor‑backed energy clients.
Preferred
Prior experience working with Commercial and Industrial clients on structuring hedges to stabilize the cost inputs for commodity consumption.
Benefit Highlights
Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursementMentor program
401(k) with 6% match
More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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Key Responsibilities
Participate in joint client meetings with lenders to discuss market conditions, hedge structures, and how hedging supports credit metrics and capital plans.
Translate borrowers’ commodity exposures (production profiles, basis risk, transportation, storage, offtake contracts and consumption) into tailored hedging programs aligned with loan covenants and business plans.
Originate and present hedge optimization ideas, re‑hedge opportunities, and scenario analyses that align with each client’s capital structure and lending arrangements.
Assist with Commercial Bankers across the First Horizon footprint with consumption hedges for clients that have energy price exposure in their operations.
Execute client‑initiated oil and gas derivatives (swaps and options) in support of existing and prospective energy lending relationships.
Work with legal and documentation teams on ISDA/CSA agreements, hedging provisions in loan documentation, and confirmations for client trades.
Ensure accurate and timely trade capture, confirmations, and reconciliation in coordination with middle and back office.
Record hedge transactions and off-setting upstream positions in derivative system of record.
Qualifications Required
Prior experience in providing commodity hedging advice & execution to upstream oil & gas exploration & production companies who have reserve-based loans.
10+ years of experience in oil and/or natural gas derivatives hedging, marketing, or structuring, ideally with direct exposure to energy lending, RBL, or project finance.
Meaningful experience in over-the-counter back-to-back hedging programs
Strong understanding of physical oil and gas markets, benchmarks, and basis dynamics, and how they interact with lending structures and credit risk.
Demonstrated experience designing and implementing hedging programs for corporate or sponsor‑backed energy clients.
Preferred
Prior experience working with Commercial and Industrial clients on structuring hedges to stabilize the cost inputs for commodity consumption.
Benefit Highlights
Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursementMentor program
401(k) with 6% match
More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
#J-18808-Ljbffr