Treasury Capital Markets Manager

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This position has primary responsibility for managing the company’s liquidity and external funding requirements in the Capital Markets and oversight of the company’s pension plans. Additional responsibilities include oversight of short-term cash investments, interest rate risk management, stock repurchase programs, quarterly dividend recommendations, banking relationships, credit rating agency relationships, cash flow forecasting and ad hoc analysis. The Capital Markets Manager will lead a team of 3 – 4 FTEs globally.

Please note this is a hybrid role based at our corporate site in Wilmington, DE. Team members work onsite 3 days a week and remote 2 days a week.

Your Key Responsibilities:

Managing a global team of 3 -4 FTEs

• Provide strategic and tactical guidance to the team

• Seek development opportunities to broaden skillsets and maintain employee engagement

• Be a thought-partner to the team to promote problem solving and process improvement

Financing Plans

• Develop financing plans, perform financial analysis on financing structures and make recommendations to the Treasurer and CFO on financing objectives, capital structure and related special projects

Liquidity – Credit Facility and commercial paper

• Oversight of the company’s daily liquidity position and requirements for borrowing under the credit facility

• Develop strategy for amount and term of borrowings

• Manage covenants and collateral requirements

• Ensure proper reporting and accounting of short-term borrowings

Long-Term Debt Issuance

• Develop strategy and execution plan for long-term debt based on the company’s cash flow needs and financial market conditions

• Manage covenants and collateral requirements

• Negotiate terms and pricing with the banks

• Ensure proper reporting and accounting for long-term borrowings

• Develop and execute hedging strategies to manage interest rate risk and debt currency mix

• Manage relationships with capital markets banks

Cash Investments

• Ensure compliance with Investment Policy and credit limits for financial institutions

• Ensure proper reporting and accounting for investments

Stock Repurchase Programs

• Develop strategy, structure and execution plan

• Negotiate terms and pricing with the banks

• Ensure proper reporting and accounting for repurchases

Credit Rating Agency Relationship Support

• Lead preparation of materials and participate in annual reviews with credit rating agencies

• Provide updates to credit rating agencies as needed

• Develop and update credit rating agency financial model

Quarterly Dividend Recommendation and Analysis

• Provide quarterly dividend recommendation to CFO with support and analysis for recommendation

• Lead annual review of the dividend policy and recommend changes, if appropriate

Cash Flow Forecasting and analysis

• Responsible for developing cash flow forecasts

• Provide periodic updates of total company cash flow forecast and liquidity to Treasurer

• Provide periodic cash flow analysis to the CFO for his/her use with the Board of Directors and investors

• Provide in-depth periodic cash flow analysis to IR for their use with investors and one-on-one calls

M&A/Divestitures

• Analyze credit rating impact of M&A deals for senior leadership

• Develop financing strategies where appropriate

• Develop investment strategies for proceeds

Pension Reporting

• Oversight of pension reporting including working with third party provider, accounting and HR teams and outside actuaries

• Review pension assets, liabilities, funded status, discount rates, settlements, etc. to ensure accurate financial reporting

Other

• Responsible for 10Q and 10K disclosures for liquidity, borrowings, investments, interest rate derivatives, stock repurchases and pension

• Develop and maintain forecasts for interest income, interest expense and share count

• Perform ad hoc Treasury project work

Your Qualification Profile:

• Bachelor’s Degree in Finance or Accounting; MBA, CFA, and/or CPA preferred

• Treasury experience required; Controllership experience strongly preferred

• 8 years of experience working in a similar role

• Prior experience managing people

• Strong leadership and networking skills across cross-functional teams

• Strong financial analysis skills, including financial modeling

• Demonstrated strong verbal and written communication skills with all levels internally and externally

• Demonstrated ability to work independently and think creatively

• Demonstrated ability to work under time pressures and to manage and prioritize multiple activities

• Demonstrated expertise in Excel and PowerPoint

• Ability to remain calm and effective under pressure

• Ethical, with a high level of integrity and professionalism

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We are excited to share that on May 22, 2024, DuPont announced plans to separate(1) into three industry-leading, independent publicly traded companies. This strategic move will create focused businesses with distinct investment profiles. We believe the proposed separations will create opportunities for all three future companies to better serve their customers and unlock long-term value for stakeholders. This process is expected to take 18-24 months from the date of announcement to complete. We are committed to supporting our employees throughout this transition and ensuring a smooth and successful separation process. We look forward to welcoming new talent who are interested in contributing to the continued success and growth of our evolving organization.

(1)The separation transactions are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals, and satisfactory completion of financing. For further discussion of risks, uncertainties and assumptions that could impact the achievement, expected timing and intended benefits of the separation transactions, see DuPont’s announcement.

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