Senior Treasury Specialist

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.  

Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place. 

About you and this role

Dow has an exciting opportunity 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 ~$30 billion 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.

Successful candidates have an innate passion for the financial markets with a strong focus on interest rate risk and liquidity management within the FRMT, 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.

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. 

Responsibilities

• 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.

In addition to the responsibilities above, you will 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.

Qualifications

• A minimum of a bachelor’s degree (quantitative fields preferred such as: Engineering, Finance and/or Economics) or relevant military experience at or above a U.S. E6 or Canadian Petty Officer 2nd Class or Sergeant ranking.
• A minimum of 4 years of relevant working experience.
• A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.

Your Skills

• Master’s degree (MBA with a finance focus preferred).
• CFA Charter holder/working towards it.
• Quantitative Statistics: Demonstrated competence in mathematical modeling and statisti