What are the responsibilities and job description for the Senior Director, Treasury position at Purchasing Power?
Work at Purchasing Power
Position: Senior Director, Treasury
Location: Atlanta/Hybrid work model
Who Are We: Purchasing Power (corp.purchasingpower.com)
We are an Atlanta-based voluntary benefit company offering an industry-leading employee purchase program for brand-name consumer products, online education services and travel offerings through convenient payroll deduction, helping employees achieve financial flexibility.
The Opportunity: The Senior Director of Treasury will provide leadership and direction of the Treasury department. Key responsibilities include balance sheet strategy development, asset/liability management, portfolio management, investor relations, capital planning, liquidity management, loan/deposit pricing, and other finance initiatives.
What You Will Do:
- Work directly with the CFO to provide strategic and tactical leadership on capital markets and planning, including warehouse credit facilities and securitization activities of the organization
- Manage the Company’s interest rate risk and liquidity
- Manage investor relations, including written reports to private equity group, board and other stakeholders regarding monthly performance
- Manage bank, debt investor, rating agency and external ABS audit firm relationships
- Review and approval of compliance reporting, including monthly servicer reports
- Implement, monitor, and report on the Company’s balance sheet strategies
- Facilitate cross-functional balance sheet and off-balance sheet management
- Develop and prepare cash flow analysis, incorporating liquidity considerations for assets, liabilities, and capital over various time horizons
- Take a leadership role in developing interest rate risk and other balance sheet management strategies that lead to strategic recommendations
- Manage the Company’s borrowings and other securitization efforts
- Perform analysis and prepare recommendations on capital structure strategy, capital allocation decisions and valuation
- Execute capital market transactions
- Assist the CFO in developing and managing Purchasing Power’s capital plan ensuring optimal capital structure is in place and meets regulatory guidelines
- Support cross-functional initiatives to deliver on risk management goals, policies and procedures
- Enhance or develop reporting tools used to communicate various components and potential risks and risk-mitigating strategies
The Experience You Will Bring:
- Bachelor’s degree in Finance or Accounting; MBA preferred
- 15 years of Financial Services industry experience preferred
- Chartered Financial Analyst (CFA) or Certified Treasury Professional (CTP) designations a plus
- Significant experience issuing Asset-Backed Securities and managing Asset-Backed revolving credit facilities
- Significant budget and forecasting experience, valuation experience, regulatory knowledge
- Solid understanding of Capital and Liquidity planning and A/L modeling concepts, and cash flow modeling techniques
- Proficient with all Microsoft products including Excel, Word, and Power Point.
- Detail oriented with excellent analytical skills
- Ability to work well with professionals at all levels of the organization
- Adaptable to changing environment and time pressures
- Excellent written, oral, and interpersonal communication skills
- Attention to detail and information accuracy
Your Well Being:
- Hybrid work model (Onsite/Offsite)
- Comprehensive benefits: medical, dental, vision, company paid Basic Life/AD&D
- 401k Retirement Plan
- Flexible PTO
- Career Development
- Employee Purchase Program
What We Stand For:
- We act with intensity, urgency and a passion for supporting our customers and growing our business. We strive for excellence.
- We hold ourselves accountable and expect it of each other. We attack problems with a positive “can do” attitude. We do what we say we’ll do.
- We deliver as one team, working together with integrity, respect, trust, transparency, and fun. We are better because we work here.
- We believe our unique diversity and authenticity makes us a better company, allows us to be our best selves and is a competitive advantage.
- We exhibit innate curiosity and creativity to innovate and reimagine how things can be done. We ask, is there a better way?
Purchasing Power is an equal opportunity employer. At Purchasing Power, we make all employment decisions, which include hiring, promoting, transferring, demoting, evaluating, compensating and separating, without regard to sex, sexual orientation, gender identity, race, color, religion, age, national origin, pregnancy, citizenship, disability, service in the uniform services, or any other classification protected by federal, state or local law.
