Vice President, Treasury Operations

About the role

At Warner Music Group, we're a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses: Curiosity : We do our best work when we're immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future. Collaboration : Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans. Commitment : We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we're committed to keeping the faith, acting with integrity, and delivering on our promises. WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences. Consider a career at WMG and get the best of both worlds - an innovative global music company that retains the creative spirit of a nimble independent. A little bit about our team: Warner Music Group's Treasury team is looking for an assertive team player with excellent communication skills for a Vice President, Treasury Operations position. This position is based in the New York Treasury Headquarters office and reports to the Senior Vice President and Treasurer. The role will have a wide range of responsibilities relating to a number of treasury risk functions, including managing and mitigating foreign currency risks, managing interest rate risks, assisting with the management processes/policies & treasury systems and global treasury operations. The VP will have direct interaction with Corporate Accounting, Shared Services Finance, Tax, and Legal and foreign affiliates accounting groups. Your role: Review, refine and expand (as appropriate) the Warner Music Group foreign currency risk management program. Work with foreign affiliates to identify, measure, aggregate and manage net worldwide foreign currency exposures. Evaluate accuracy of exposure forecasts and implement adjustments where necessary. Evaluate interest rate exposures and debt mix (fixed to float) to provide recommendations for interest rate hedging. Prepare FX and interest modeling and reporting and perform sensitivity analyses to assess a reasonable range of outcomes. Maintain and enhance quarterly hedge effectiveness testing and reporting. Work with corporate accounting and external auditors to ensure hedge accounting is achieved. Manage derivative middle and back office functions - trade recommendations and execution, counterparty risk assessment, trade confirmations and monthly derivative settlement. Ensure compliance with Dodd Frank and other regulatory requirements. Maintain and update interest rate and foreign exchange risk management policies and procedures as necessary. Work with the team on the implementation and continuous refinement of the integrated treasury workstation (TMS) Assist in the development of global treasury policies and corporate treasury SOPs (standard operating procedures) Support key treasury operational activities; global cash balance management, global cash pools & netting process, intercompany loan process and bank account management Work with Internal Audit to define and test SOX controls relating to hedging/derivative management and other treasury activities. Need to lean in and support ad hoc financial modeling and projects Here you'll get to: A minimum of 10 years of well-rounded financial and Treasury experience in a mid to large multinational corporation A MBA Degree in Business, Finance or Accounting preferred Certified Treasury Professional (CTP) preferred Exposure to multiple business models, operational complexity and international operations a plus Excellent risk management (foreign currency/interest rate) technical knowledge and a general understanding of insurance products and services Excellent knowledge and experience managing global cash management, corporate finance, capital and credit markets, and related instruments and products Strong analytical and planning and organizing skills along with the ability to think and act strategically Excellent oral and written communication, interpersonal, research analysis and problem solving skills Demonstrated high integrity and ethics in all activities Familiar with international Tax Knowledge of Treasury and finance applications a plus: Reval, Wall Street Systems, City Financials, FXall, Bloomberg, Onli

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