Midland, USA
18 days ago
Treasury Manager

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 Treasury Manager, located in Midland (MI, USA). This role provides an opportunity to implement quantitative risk measurement techniques, develop strategy, manage assets, and work with market makers, hedge funds and other investment professionals.  The successful candidate will have deep interest in financial markets, a passion and curiosity for learning, and the ability to prudently seek investment objectives.  

Dow Pension Investments is a sub function of Treasury, which is a global function within Dow that ensures the Company’s financial flexibility enabling the Company to meet business and corporate strategies in support of our strategic transformation. Treasury is responsible for the management of the Company’s liquidity, funding and capital and works closely with executive management.

Your responsibilities include:

Lead quantitative risk measurement activities for Dow’s corporate derivative overlay strategies and pension assets and liabilities.Lead reporting and analytics related to assets, liabilities, GAAP funding, performance, positioning, analytics and risk management, performance attribution.Assist in developing the asset allocation strategy of $15+ billion of pension and insurance assets to achieve excess return and hedge risks.Implementation of derivative overlay strategies across fixed income, credit, equity, commodity, and foreign exchange asset classes.Advise on optimal long-term strategic allocation for effective asset / liability management.Advise on allocations in re-insurance, absolute return, commodities, opportunistic income.Quantitative and qualitative analysis of hedge fund manager performance.Actively drive the onboarding process of new investment managers/funds, including initial due diligence and negotiating key terms.Conduct economic and capital market research and present assessments to the department, corporate investment committees and reinsurance board.Coordinate with pension operation team to ensure smooth transaction processing.Collaborate 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 5 years of relevant experience or combination of an advanced degree in a quantitative field such as Engineering, Finance and/or Economics and relevant experience may be consideredExperience with programming in Excel VBA, SQL, R, or an equivalent language / softwareQuantitative modeling training or demonstrated experience (Value at Risk, statistics, derivative valuation, etc.)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 qualifications:

Prior quantitative risk measurement 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.Prior investment management experience.Prior experience in Financial Risk Management, Financial Operations and Financial Planning is desirable.  Understanding of financial operations, planning and accounting principles with an understanding of the regulatory and control environment, and business/financial law.Demonstrated competence and interest in mathematical modeling and statistical methods.In depth understanding of and interest in technology and financial systems.Strong written and verbal communication skills.

Domestic relocation assistance is available for this role and may be provided based on eligibility.

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.
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