Vice President, Treasury Operations

Position:
Vice President, Treasury Operations

Location:

New York Treasury Headquarters office

Reports to:

Senior Vice President and Treasurer

Warner Music Group’s Treasury team is looking for an assertive team player with excellent communication skills for a Vice President, Treasury Operations position. The role will have a wide range of responsibilities relating to treasury risk functions, including managing and mitigating foreign currency risks, interest rate risks, assistance with management processes/policies & treasury systems, and global treasury operations. The VP will have direct interaction with Corporate Accounting, Shared Services Finance, Tax, Legal, and foreign affiliates accounting groups.

• Review, refine and expand 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 the 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, counter party 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.
• Support ad hoc financial modeling and projects.

• Minimum of 10 years of well‑rounded financial and Treasury experience in a mid‑to‑large multinational corporation.
• 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, planning and organizing skills, 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, online bank portals, SAP a plus.

• Accounting and/or finance experience.
• Excellent understanding of currency and interest rate hedging principals.
• Analytical and problem‑solving skills.
• Strong verbal and written communication skills.
• Works well independently but also in a team environment.
• Enthusiastic, assertive, self‑motivated.

This position requires a minimum of 4 days per week in the office.

Salary Range: $225,000 to $250,000 annually. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Warner Music Group is an Equal Opportunity Employer.