Vice President, Corporate Treasury in Harrison, NY

Description

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results. 

Job Title

Vice President, Corporate TreasuryOverview
The Corporate Treasury team performs all global treasury activities for Mastercard, including capital planning analysis, rating agency relationships, foreign exchange risk management foreign exchange spot and interbank settlement trading, cash management/positioning, pensions asset-liability management, capital markets transactions (debt issuances, equity share buy-back), credit facility management and intercompany funding. Additionally, the team is responsible for the treasury controllership function ensuring accurate public disclosures of all global treasury activities (e.g., preparing related 10Q/K footnotes).
The team centrally supports all business units, providing treasury services as needed. It also plays a critical part of broader corporate finance and business initiatives by providing cross-functional support and execution for special projects such as mergers and acquisitions due diligence and integration, global tax planning initiatives, counterparty credit risk mitigation, etc.
• Do highly analytical corporate finance projects excite you?
• Have you ever managed complex cross-functional projects?
• Are you motivated by departmental success?

Role
The Vice President, Capital Structure & Analysis will be an integral part of the Treasury Leadership team and the responsibilities include:
A. Lead in developing the investment strategy for the corporate investment portfolio
1. Perform periodic analysis to assess liquidity position and global cash forecasting methodologies
2. Develop quantitative and qualitative analysis to support investment strategy recommendations for corporate portfolio
a. Develop interest income forecasts, provide variance analysis, and actively monitor compliance within the investment portfolio
3. Lead in the development of investment analysis / performance for the Audit Committee
4. Interface with Corporate Planning and Cash Management teams to develop cash forecasting analyses
5. Manage miscellaneous investment projects as required

B. Lead in executing and monitoring foreign exchange risk management activities.
1. Evaluate corporate hedging programs and propose recommendation as appropriate
a. Maintain rolling cashflow hedging program
b. Work cross-functionally with regions and corporate finance to determine and analyze exposures
c. Integrate acquisitions into the all hedging programs

2. Identify and implement process improvements that reduce financial and operational risks

3. Support the documentation and enforcement of proper audit controls to minimize operational and financial risks.

4. Lead in managing implications of regulatory topics to ensure compliance

5. Maintain an awareness of foreign exchange markets and global economic conditions that affect major currencies

C. Lead in managing the assets pertaining to retirement plans
1. Develop quarterly performance reviews primarily for the U.S. Defined Benefit and
Contribution Plans to the Investment Committee
2. Evaluate and recommend enhancements to service level agreements for custodial services and asset management providers

3. Serve as liaison to Human Resources and assist in ad hoc requests related to benefit plans

4. Maintain an awareness of regulations related retirement benefit plans and proactively communicate relevant industry updates to senior management

All About You
• The position will involve analysis and execution so both analysis and project/process management skills will be necessary
• Strong knowledge of financial theory and practice related to capital markets. Ideally, this would have been gained through a combination of experience in Treasury at a multi-national company and an MBA in Finance
• Knowledge of foreign exchange fundamentals and concepts
•Experience in a multinational company involving repatriation of cash would be very helpful
• Team player with proven ability to work with cross-functional teams
• Prior People Management Experience Desired

COVID-19 Considerations

We value the safety of each member of our community because we know we're all in this together. In many locations, which may change over time, we've implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.

In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted.  Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team.  Everyone must be vaccinated to enter Mastercard offices at this time.  Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.

In the US, Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. If you require accommodations or assistance to complete the online application process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

• Abide by Mastercard's security policies and practices;
• Ensure the confidentiality and integrity of the information being accessed;
• Report any suspected information security violation or breach, and
• Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

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