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
Pension Investments within Treasury is seeking a Senior Treasury Specialist, located in Midland (MI, USA). This role is part of the team which develops strategy, manages assets, and works with market makers, hedge funds and other investment professionals to manage defined benefit and insurance subsidiary assets. The successful candidate will have a passion and curiosity for learning and an interest in financial markets.
The overall portfolio of assets to be managed is greater than $20 Billion, across 11+ defined benefit plans in 5+ countries, and 5 insurance subsidiaries. The team is comprised of 6 finance professionals with experience ranging from Specialist to Director. The position reports through the global Treasury organization, whose role is to ensure financial flexibility in order to deliver the Company’s strategy by optimizing the Company’s capital structure and investments through effective risk management.
Your responsibilities include:
Provides enhanced decision support across all aspects of portfolio management. Optimizes processes and reporting, engages with external parties, gathers investment research, provides modeling and trade decision support, completes analysis in support of the asset allocation strategy for $20+ billion of defined benefit pension and insurance assets to achieve investment objectives.Leads analytics and reporting related to assets, liabilities, GAAP funding, performance, positioning, and risk management.Implementation of derivative overlay strategies across fixed income, credit, equity, commodity, and foreign exchange asset classes. Directly trades select derivative strategies.Takes a leading role in risk measurement activities for Dow’s corporate derivative overlay strategies and pension assets and liabilities.Advises on optimal long-term strategic allocation for effective asset / liability management.Quantitative and qualitative analysis of manager performance.Actively drives the onboarding process of new investment managers/funds, including initial due diligence and negotiating key terms.Conducts economic and capital market research.Coordinates with pension operation team to optimize efficiency.Collaborates with different stakeholders internally and externally – internal compliance and audit, legal and tax team, HR, controllers, treasury, custodian, actuary, external fund managers.Required qualifications:
A minimum of a Bachelor's degree (preferably in a quantitative field such as Engineering, Finance and/or Economics) or relevant military experience at a U.S. E6 rank or Canadian Petty Officer 2nd Class or higher.A minimum of 4 years of relevant 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.Preferred Skills/Qualifications:
Prior quantitative risk measurement experience.Prior investment management experience.Experience with trading derivative instruments, measuring their risks, and valuation methods.Master’s degree or higher education (with a finance or quantitative focus preferred).CFA Charterholder.A track record of critical thinking and cognitive flexibility, with a solutions-orientationIn-depth understanding of technology, financial systems, and financial modeling.Strong communication skills.Prior experience in Financial Risk Management, Financial Operations, Treasury Systems and Financial Planning is desirable. Understanding of accounting principles with an understanding of the regulatory and control environment, and business/financial law.Benefits – What Dow offers you
We invest in you.
Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.
Here are just a few highlights of what you would be offered as a Dow employee:
Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives. Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it. Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals. Employee stock purchase programs (availability varies depending on location).Student Debt Retirement Savings Match Program (U.S. only).Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees’ Savings Plan (401(k)), helping employees reach the Company match.Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building. Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs. Competitive yearly vacation allowance.Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents). Paid time off to care for family members who are sick or injured. Paid time off to support volunteering and Employee Resource Group’s (ERG) participation. Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.On-site fitness facilities to help stay healthy and active (availability varies depending on location).Employee discounts for online shopping, cinema tickets, gym memberships and more.Additionally, some of our locations might offer:Transportation allowance (availability varies depending on location)Meal subsidiaries/vouchers (availability varies depending on location)Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)Join our team, we can make a difference together.
About Dow
Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.
As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com.
Dow is an Equal Employment Opportunity employer and is committed to providing opportunities without regard for race, color, religion, sex, including pregnancy, sexual orientation, or gender identity, national origin, age, disability and genetic information, including family medical history. 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 call us at 1-833-My Dow HR (833-693-6947) and select option 8.