Director, Foreign Currency Risk Management

POSITION                Director, Foreign Currency Risk Management

COMPANY               Fortune 500 global manufacturing company

LOCATION               Philadelphia, PA

POSITION SUMMARY and RESPONSIBILITIES

The Director, Foreign Currency Risk Management will be an integral member of the Treasury management team and report directly to the Vice President and Treasurer.  This individual will lead the FX risk management team and program, covering both operating and balance sheet exposures of $2+ billion in over 40 different currencies. 

Responsibilities

• Lead the foreign currency risk management team and program; managing business support/analysis, trade execution, exposure management and adherence with regulatory obligations
• Drive efficient derivative trade execution with bank counterparties; leading the team in best practice trade execution across a broad range of global currencies and other products
• Develop, optimize and implement global hedging strategies; communicate and gain consensus with senior leadership on the value of those strategies
• Develop and present executive-level presentations that quantify company FX risk and clearly articulate the value of the risk management programs
• Drive analysis and forecasting of FX exposures and the resulting impact, requiring an in-depth understanding of business drivers and global FX exposures
• Represent Treasury, engaging with business leaders as subject matter expert on FX risk topics
• Direct system, model and process improvement initiatives that impact global FX risk management program practices and results

Educational and Professional Qualifications

• Advanced degree with a focus in business, economics, or similar quantitative field; MBA or CFA preferred
• 10+ years of relevant industry experience (corporate treasury, FP&A, sales & trading, banking)
• 5+ years of people management experience
• Strong familiarity with financial markets, preferably with experience in exposure/market analysis, trading and/or hedge accounting

Knowledge, Skills and Experience

• Excellent communication and presentation skills; able to synthesize complex information into executive-level form
• Demonstrated ability to build partnerships across functions
• Strong leadership and staff development skills
• Excellent consulting, influence, and negotiation skills
• Strong problem solving and analytical reasoning; willing to challenge status-quo; and comfortable with change
• Comfortable making decisions with incomplete/ambiguous information
• Ability to operate effectively with tight time constraints and manage multiple conflicting priorities
• A self-starter who takes action and gets the job done