Manager, Treasury Operations

About the Role

Reporting to the Head of Front Office, the Manager, Treasury Operations will be part of the team that is responsible for the execution of all capital markets activity, including debt issuance, revolving credit facility establishment and maintenance, foreign exchange risk management and cash / liquidity activities with banks and other external counterparties.

This role has main responsibility for executing FX hedging transactions and managing liquidity across all entities within the global Dyson group of companies through a series of cash pooling structures. The role requires someone with strong execution capabilities and ability to operate in a high-pressure environment with tight deadlines.

Responsibilities include:

Liquidity management

• Execute short-term borrowing actions to maintain appropriate liquidity during the month based on group cash forecast.
• Manage global cash pooling activities ensuring daily operations are executed efficiently and accurately. Ensure maximum amount of group cash is centralized and identify structural improvements to improve this result.

Risk management

• Support the development and manage the execution of monthly foreign exchange (FX) hedging strategy, working with operational finance teams to ensure exposure forecast accuracy and ensuring resulting strategy is compliant with Dyson approved policy.
• Ensure appropriate trading infrastructure in place to execute required foreign exchange trades with external counterparties.   Maintain strong relationships with such counterparties to ensure efficient trading operations.
• Work closely with commercial and operational teams to advise on foreign exchange related matters ensuring transactional activity conducted appropriately to efficiently management foreign exchange risk.
• Monitor and report commodity and interest rate risks at a Group level.

Capital markets

• Support the Head of Front Office in external financing activities including both term debt (i.e., US Private Placement) and revolving credit facilities ensuring Dyson operations have appropriate access to liquidity to meet operational plans. Work closely with external advisors such as banks and legal advisors to execute such transactions.
• Ensure in-depth understanding of all obligations under external debt facilities to support the compliance with all undertakings and covenants under such debt agreements and ensuring appropriate reporting to debt / bank counterparties.
• Support senior Treasury management in external funding actions including debt raising and other capital markets activities.

Treasury Governance

• Maintain policies and procedures in covering the areas of foreign exchange risk management and liquidity management to ensure the Group’s operations in these areas are conducted efficiently and with highest level of control.
• Prepare senior management reporting, including Board reports, covering areas of foreign exchange and liquidity management.
• Assist senior Treasury management in various improvement actions with the ability to design and lead various projects including working cross-functionally.

About You

• Minimum 5 years of experience in Treasury within a multi-national group. 
• Knowledge of FX regulations and infrastructure for major currencies and restricted currencies and willingness to develop and lead in this area.
• Experience with FX management from both transaction and risk perspective.
• Demonstrated success in implementing tools, processes or products to drive efficiency in a corporate treasury environment.
• Ability to analyse alternate sources of capital and recommend funding actions to management.
• Strong financial modelling and presentation skills.  Good written and verbal communication skills and ability to work in a global environment.
• Significant experience using MS Office applications, 360T and Bloomberg FXGO trading platforms and SAP Treasury.
• A strong team player able to work cross-functionally with confidence to provide functional representation.
• Relevant undergraduate degree.

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Dyson is an equal opportunity employer. We know that great minds don’t think alike, and it takes all kinds of minds to make our technology so unique. We welcome applications from all backgrounds and employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other any other dimension of diversity.