Director, Debt & Derivatives
Simplification (FX – Commodity)
Treasury
Lead functional efforts for program
Understand as-is business requirements related to instrument features,
lifecycle processes (from inception to settlement) and transaction/ static data
Lead to-be design efforts working with functional experts and DDS solution
team. Rationalize design w/ DDS phase 1 design. Identify re-design
opportunities; devise and implement appropriate changes
Validate proposed system and process solution & enrich with to-be
requirements. Assess cross-functional / cross-track impact of to-be design
Partner with functional groups to determine needs and identify decisions that
require subject matter expert input and drive closure. Drive to-be functional
process documentation
Drive and facilitate UAT and deployment of new system and process solution
Establish operating framework and plan for go forward operational support
Enforce appropriate project rigor and ensuring adherence to Treasury PMO
methodology (including IT systems development cycle) to achieve program goal,
including but not limited to
Define and maintain Program charter, scope and implementation approach. Create
and manage program timeline to drive business requirements and program goals.
Manage project risks and facilitate issue resolution
Ensure delivery of targeted project benefits (financial and non-financial)
within approved parameters (budget, resources, time).
Ensure efficiency in project resource allocation and utilization
Coordinate and facilitate project reporting - program status, resource, budget
Represent the various stakeholders for all FX and commodity derivative needs
while ensuring a high level of cross-functional communication and engagement
*Bachelor's
Degree in finance, economics or related field.
*2+ years experience related to FX and
Commodity derivative instruments, including understanding of trading and
settlement processes and associated systems
*5+ years experience in programs involving process design and system
implementation, including 2+ experience in leading programs
*2+ years experience in managing a team, directly or indirectly, consisting of
at least 5 members.
*Must be willing to submit to a background check and drug screen as part of the
onboarding process
*Green
Belt / Black Belt or PMP certification preferred
*Prior work experience in Finance, Capital Markets or Treasury preferred
*Prior experience in demonstrating successful cross-functional engagement and
consensus building. Experience in a matrix and global environment preferred
*Strong interpersonal & communication skills, can-do-attitude /
self-starter
*Prior experience with Wallstreet systems or Trema applications is a plus
*Strong analytical, problem solving skills
This
Fortune 500 company is undertaking a process and
system simplification initiative for its debt & derivative processes, to
drive improved controllership. This program is a cross-functional effort
involving key treasury constituents and is sponsored by the CFO and CIO.
The simplification will target reduction in the number of legacy systems and
end user applications, elimination of non-value added & non standard
processes and an increase in the existing level of process automation. A new system
implementation will be undertaken to support the new processes.
High-level objectives
*Ensure all debt and derivative transactions are managed in the new
transactional system
--Instruments include long term debt, swaps (interest rate/ cross-currency), FX
and commodity derivatives (forwards/ options)
--Process coverage includes trade request, trade execution (capture/
confirmation/ settlement), valuation and accounting (inc. FAS 133)
*Ensure all debt and derivative related reporting and analytics are met through
new reporting and analytical tool and enterprise data warehouse
*Create interfaces necessary to share data with other applications and
sources/destinations
*Migrate data from legacy applications to new system
*Create a data management process to support ongoing business activities
To attain these objectives, 3 project tracks have been created, supported by a
centralized program office
1.Transactional Platform - design and implementation of new processes related
to instrument lifecycle - Phase 1 (Debt & Swaps), Phase 2 (FX &
Commodities).
2.Reporting & Consolidation - implementing reporting and analytics solution
for requirements outside the functionality of the application, for example
reporting with multiple data sources
3.Data Management - conversion of data in scope from legacy applications and
spreadsheets into the new platform; business data management, governance and
quality assurance processes
Permanent
position Salary is $130K-$170K
If
interested contact: Anne S. Romanello 203-406-2301
aromanello@executiveresourceconsultants.com