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Senior Treasury Specialist

Company: Dow Chemical Company
Location: Midland
Posted on: June 1, 2021

Job Description:


The Dow Chemical Company Finance organization has an opening for a Senior Treasury Specialist within the Treasury's Financial Risk Management Team (FRMT). This position is located at the company's World Headquarters in Midland, Michigan. The purpose of the position is to assist FRMT with analysis, hedging, management and monitoring of a $40+ billion portfolio portfolio of financial risks of exposures derived from foreign currencies, interest rates, commodities and investments. This is an excellent opportunity to learn and apply your analytical skills and financial market understanding to contribute to the key deliverables of the FRMT.

Primary Responsibilities (include but are not limited to):

* Pro-actively seek to monitor exposures and markets, and gather pertinent information from internal sources and Bloomberg, economic research and banking counterparty contacts.

* Complete analysis to evaluate the macroeconomic conditions, market dynamics, and price action of the various markets to estimate their potential impact on earnings, cash flow, value changes, etc.

* Evaluate the available market for derivatives and other hedging instruments and their relative costs, benefits, credit exposure and regulatory requirements.

* Evaluate the accounting treatment available for the hedging instruments relative to that of the exposures.

* Assist Financial Risk Directors and Financial Risk Managers in determining a market view and hedging strategies.

* Take positions in the financial markets to earn positive profits for the company.

* Facilitate orderly execution and monitoring of the FRMT's risk management strategies. For example: * Perform all activities to negotiate, transact, monitor and manage the hedging instruments and investments.

* Trade various instruments with counterparties, book the transactions, complete hedge accounting documentation and monitor derivatives etc.

* Evaluate and report the financial performance of the company's exposures and implemented hedges as compared to the range of possible outcomes.

* Generate various reports and analyses to effectively convey the performance and sensitivity of risk management strategies to stakeholders.

Ideal candidates will have an outstanding track record of performance in Treasury processes (understanding of company exposures, the measurement and recording of exposures and hedges, and operational aspects of transacting in the markets). Prior experience in Treasury Financial Operations and Financial Planning is desirable. Other high performing individuals may be considered who have demonstrated the required characteristics and have experience in a related finance field, and/or career switchers who have displayed strong interest in, and commitment to, the field.

Successful candidates have an innate passion for the financial markets, are naturally curious with a desire for continuous learning, have strong quantitative and analytical skills and can articulate complex concepts simply and quickly. Candidates should also have excellent project management and organizational skills, excel in negotiations, thrive in a fast paced high pressure environment, have a positive proactive attitude and work well as part of a team to collaborate for company success.

Required Qualifications:

* A minimum of a bachelor's degree (preferentially in a quantitative field such as Engineering, Finance and/or Economics).

* A minimum of 6 years of total experience with a focus in financial/capital markets-oriented positions, and/or other relevant experience.

* A minimum requirement for this U.S.-based position is the ability to work legally in the United States on a permanent basis (U.S. citizen, U.S. Permanent Residents or qualifying Asylee)

Preferred Qualifications:

* Master's degree (MBA with a finance focus preferred)

* CFA Charterholder

* Prior experience in Treasury Financial Operations and Financial Planning is desirable. Understanding of financial operations, planning and accounting principles with an understanding of the principals of hedge accounting, a regulatory and control environment, and business/financial law.

* In depth understanding of and interest in technology and financial systems.

* Demonstrated competence and interest in mathematical modeling and statistical methods

* Strong written and verbal communication skills

Note: This position does not offer relocation assistance.

Dow Offers:

* A robust total rewards program, including: competitive base pay, variable pay that rewards individual, team, and Company performance, and comprehensive benefits * On-going learning opportunities within a diverse, inclusive and rewarding work environment * Career experiences that can span different Dow businesses and functions with opportunities for personal and professional growth * The chance to work within a global company and interact with colleagues from around the world * Opportunities that spark your imagination and ignite your passion to help others

About Dow

Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.

As part of our dedication to the diversity of our workforce, Dow is committed to Equal Employment Opportunity without regard for race, color, national origin, ethnicity, gender, protected veteran status, disability, sexual orientation, gender identity, or religion. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at http://www.dow.com/en-us/contact-us or you may call us at 1-800-523-3945.

Keywords: Dow Chemical Company, Midland , Senior Treasury Specialist, Other , Midland, Michigan

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