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| World Vision Internationa USA |
City: New York, NY, United States
Industry Sector: Finance
PURPOSE OF THE POSITION:
The Director, Foreign Exchange and Risk will oversee Global Treasury’s foreign exchange risk management function and support Partnership entities to manage other aspects of financial risk, including but not limited to yields, inflation and capital markets concerns. The leader of this critical business function will participate with Global Treasury management in senior-level finance meetings to identify the scope and breadth of global financial risk, coordinate multiple financial risk specialties to determine appropriate strategies to meet Partnership objectives, and oversee execution of such strategies. Coordinating such strategies represents a tremendous challenge given differences in structures, relationships and resources, but it will be critical nonetheless for the Director, Foreign Exchange and Risk to understand Partnership objectives enough to determine potential risk exposures and recommend (and coordinate) strategies for execution. Furthermore, they will represent the Partnership’s global financial risk function before banks and brokerages, ensuring the pricing and availability of financial risk products and services.
KEY RESPONSIBILITIES:
- Educating and advising National Offices, WVI branches and other Partnership entities, including VisionFund, to understand the implications of foreign exchange risk on their businesses.
- Determining planning rates to be used for budgeting and forecasting purposes, including foreign exchange rates, yields and inflation rates, as appropriate for each Partnership entity’s context.
- Overseeing Global Treasury’s management of foreign exchange exposures through spot and forward hedging, including managing market orders and call levels where appropriate;
- Managing Global Treasury’s counterparty risk, including ensuring counterparty credit facilities are sufficient for World Vision’s needs and maintaining a counterparty risk strategy (allocation due to capabilities based on credit risk exposure by duration).
- Supporting Global Treasury’s continual process improvement efforts under the guidance of the Global Assistant Treasurer.
- Overseeing board- and management-level reporting with regards to foreign exchange risk management performance; and
- Supporting other financial risk concerns throughout the Partnership as appropriate.
- Minimum seven to ten years’ experience in financial risk management and risk-based trading, or (ii) master’s degree in finance or related, and three to five years’ experience in financial risk management and risk-based trading.
- Demonstrated ability to utilize Bloomberg for financial and market analysis.
- Advanced proficiency with Microsoft Excel, Word and PowerPoint.
- Strong written and verbal communication skills, including both listening and speaking.
- Interest in developing professional relationships (both internal and external to the Partnership), for the purpose of advancing the global financial risk management function.
- Bachelor’s degree in finance or related field.
- Understanding of portfolio management, including assessing potential investments considered for inclusion in Partnership portfolios, rebalancing existing portfolios according to agreed parameters, and determining appropriate strategies for the numerous investment climates in which the Partnership is present.
- Experience assessing potential risk management strategies according to fundamental and technical considerations.
- Experience in, or working knowledge of, asset/liability management.
- Demonstrated ability to manage personnel, work with peers in a collaborative environment, and support senior management.
- Familiarity with Bloomberg, Kyriba, and other systems often utilized in corporate treasury environments.
- CFA, CTP, CMT, or similar certification.
- Master’s degree in finance or related field.
- Ability to speak multiple languages and/or experience working overseas preferred.
- Familiarity with a corporate treasury or corporate finance environment.
- Experience reading legal agreements related to financial contracts and/or relationships (in particular, understanding key business terms and risks).
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Work Environment/Travel:
The position requires ability and willingness to travel domestically and internationally up to 10% of the time.
