Manager, Global Risk Management – Capital Markets
Under Armour
full-time
Posted on:
Location Type: Hybrid
Location: Baltimore • Maryland • 🇺🇸 United States
Visit company websiteSalary
💰 $110,018 - $137,523 per year
Job Level
Mid-LevelSenior
About the role
- Oversee and manage the global execution of the Company hedging strategies to mitigate exposure to significant FX and Interest Rate risks.
- Managing monthly balance sheet hedge program.
- Executing cash flow and net investment hedge strategies.
- Analyzing and assessing currency exposures to identify opportunities to enhance the hedging program.
- Monitoring interest rate risk, developing recommendations, and supporting the execution of the strategy to manage risk within established guidelines.
- Partnering with various banking providers to evaluate and enhance existing hedging programs.
- Preparing monthly accounting reconciliations, hedge accounting, and ensuring compliance with applicable derivative regulatory requirements.
- Performing sensitivity analysis on budgets and forecasts due to movements in FX rates.
- Executing bi-annual VaR analysis.
- Establishing and maintaining key FX banking relationships including negotiation of counterparty agreements such as ISDAs.
- Work with internal and external auditors.
- Lead quarterly FX and capital markets update with Senior Leadership by preparing key supporting schedules, participating in the discussions, and documenting key takeaways and action items.
- Optimize global working capital via enhancing the Supply Chain Finance programs and Accounts Receivable sale strategies, exploring local working capital lines; inventory-based financing, p-card or v-card solutions for indirect inventory payments
- Support rating agency relationship, forecast calculations to inform management; weighted average capital calculation (WACC) and assist VP of Treasury in negotiation of Credit Facilities and any equity/debt market transactions
- Forecast Other Income and Expense in line with Company forecasting calendar; perform sensitivity analysis on budgets and forecasts due to movements in FX and interest rates.
- Review monthly accounting reconciliations, hedge accounting, and ensure compliance with applicable derivative regulatory requirements
- Monitor and advise on counterparty credit risk throughout the organization.
- Support managing international cash flow/cash needs and investments as they relate to foreign currency funding and long-term international capital structure decisions.
- Identify opportunities and implement treasury-related business process improvements including multi-lateral FX netting
- Performs other duties as assigned to meet business needs.
Requirements
- BS/BA in Accounting or Finance; MBA or CTP preferred
- 5 - 8 years of Treasury experience at a large multinational company
- Knowledge of worldwide financial and capital markets, and tax, legal and accounting issues pertaining to derivatives (hedge accounting) and other capital markets tools preferred
- Understanding of generally accepted finance and accounting policies, principles and controls required
- Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills.
- Demonstrated leadership skills, willingness to “do what it takes” to get the job done-done-done, and commitment to challenging the status-quo to make things better.
- Strategic thinker with excellent analytical, critical thinking, problem-solving, interpersonal, and relationship building skills.
- Ability to communicate effectively at all levels and articulate ideas, financial results, and actionable recommendations.
- Able to make decisions in a timely manner sometimes with incomplete information and under tight deadlines and pressure; comfortable challenging organizational norms and accepted thinking to improve effectiveness.
- Strong organizational and project management skills; attention to detail.
- Self-motivation: must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed.
- High level of responsiveness and ability to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.
- Experience with FX hedging software, treasury workstation and SAP a plus.
Benefits
- Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community
- Under Armour Merchandise Discounts
- Competitive 401(k) plan matching
- Maternity and Parental Leave for eligible and FMLA-eligible teammates
- Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
hedging strategiesFX risk managementinterest rate risk managementhedge accountingsensitivity analysisVaR analysisfinancial modelingcapital markets toolsforecastingderivative regulatory compliance
Soft skills
analytical skillsleadership skillsstrategic thinkingproblem-solvinginterpersonal skillscommunication skillsorganizational skillsproject management skillsself-motivationdecision-making
Certifications
BS/BA in AccountingBS/BA in FinanceMBACTP