Treasury Risk Manager
Our Finance function teams are at the heart of our business, surrounded by top specialists who bring new ideas to shape the customer experience as part of a forward-thinking team.
About the Role
We are seeking an experienced and enthusiastic Treasury Risk Manager with initiative, drive, and ambition to join our Primark Treasury team. In this role, you will lead the establishment of the Treasury Risk Management function, support and partner with the business, and be responsible for financial markets insight.
Key Responsibilities:
* Lead the establishment of the Treasury Risk Management function in Primark.
* Set direction on how Primark analyzes financial market risks and exposures, quantifying, analyzing and reporting financial exposures.
* Lead on the aggregation of business risks to provide a consolidated Primark exposure, including undertaking correlation analysis to understand a net risk position.
* Identify, review and optimize existing hedging strategies within our businesses, covering currency, commodity and rates risk.
* Support the Head of Treasury/Treasury Manager in Liquidity risk management and working capital initiatives.
* Share best practice across Primark, through direct business partnering and presentations in risk forums.
Business Partnering
* Provide Treasury support and value-add partnership across various finance and non-finance stakeholders.
* Provide an objective view on the existing governance structures in place within our businesses and lead on implementing best practice governance.
* Work closely with ABF Group Treasury on Risk management activities, reporting and policy compliance.
Financial Markets Insight
* Accountable for the development of internal market reporting for currency, commodities, rates and credit risk.
* Educate and provide Treasury inputs for financial budget, forecast, long-term planning and ad-hoc reporting purposes.
* Engage actively with relationship banking group on market insights and developing risk management products and strategies.
Governance, Controls & Reporting
* Annually review ABF & Primark Treasury policies and its communication across the business.
* Lead the periodic Primark Treasury Risk Management Committee and period Treasury reporting.
* Manage and maintain Treasury Risk Register and development of relevant KPI/KRI reporting.
* Support the production of the annual treasury board paper reporting.
Technology
* Lead on identifying and implementing appropriate technology risk management solutions for Primark.
* Support in the scoping/business requirements as part of the implementation of a Treasury Management System covering risk management activities.
Requirements
* Treasury or Finance qualification (ACT or CFA) preferred.