Waste Management Sr. Manager Treasury & Enterprise Risk Management in Houston, Texas
Equal Opportunity Employer: Minority/Female/Disability/Veteran
Waste Management (WM), a Fortune 250 company, is the leading provider of comprehensive waste and environmental services in North America. We are strongly committed to a foundation of operating excellence, professionalism and financial strength. WM serves nearly 25 million customers in residential, commercial, industrial and municipal markets throughout North America through a network of collection operations, transfer stations, landfills, recycling facilities and waste-based energy production projects. The Sr. Manager, Treasury & Enterprise Risk Management, role is a critical position that will bring expertise to the enhancement of ERM and FRM initiatives and activities, training of others in the department and internal clients as well as communication of risk mitigation and programs.
Your complex skills in mathematics, quantification, and relationship building acumen will be a focus and lead to the success of the qualified candidate for this role.
The Sr. Manager, Treasury & Enterprise Risk Management, is located in Houston, Texas.
I. Job Summary Manages and provides analytical insight and support for Waste Management’s (WM) enterprise risk management (ERM) and financial risk management (FRM) initiatives and activities. I. Essential Duties and Responsibilities include the following. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other minor duties may be assigned.
Manage the day-to-day analysis, facilitation and maintenance of WM’s ERM program.
Assist with periodically updating the risk assessment process to populate the ERM risk register. This includes conducting surveys and interviews with key risk owners throughout WM.
Maintain the ERM governance framework, tools and resources and assist with providing effective communication to risk owners and the broader WM community via various channels (SharePoint, Yammer, email, conference calls, presentations, etc.) to ensure engagement across the organization that fosters integrating ERM into strategic decision making. Support WM’s risk appetite model to perform quarterly updates and utilize the scenario forecasting capabilities to conduct in-depth analysis regarding specific strategic decisions. Partner with risk owners to assist in more granular risk assessments for priority risks and lead risk quantification modeling exercises. This will include collecting, analyzing and visualizing risk data to drive new insights, both at the individual risk level as well as from a portfolio level perspective. Assist with preparing summarized reports and presentations to aid in Senior Leadership Team and Board of Director discussions.
Manage the day-to-day analysis, compliance and execution of WM’s FRM program.
Evaluate interest rate and foreign currency exposures, develop strategies for risk mitigation, including the utilization of derivatives, and provide recommendations to TRM leadership.
Assist with defining financial policies, procedures and work instructions, particularly with respect to interest rate risk management (fixed/floating, pre-issuance hedging, etc.), debt portfolio management (maturity profile, currency mix, investor diversity, etc.) and foreign currency risk management (net asset exposure, cross currency interest rate arbitrage, etc.).
Ensure proper recording of transactions and support settlement activities.
Maintain up-to-date International Swaps and Derivatives Association (ISDA) agreements with WM’s key financial relationships.
Assess, and periodically update, WM’s counterparty credit exposure and framework. Provide reports with suggested mitigation actions should any specific exposure rise to a level not acceptable within our policy.
Facilitate dialog with WM’s key financial relationships on FRM topics, relevant market updates, trends or significant events.
Perform portfolio valuation and stress testing. Perform reconciliation of current and forward unsettled positions. Monitor transactions for compliance to controls. Prepare compliance reports including any exceptions to policies and procedures.
III. Supervisory Responsibilities No supervisory skills are required in this job.
IV. Qualifications The requirements listed below are representative of the qualifications necessary to perform the job.
A. Education and Experience Education: Bachelor’s Degree (accredited) in Accounting, Business Administration, Quantitative Finance or Applied Mathematics or similar area of study, or in lieu of, High School Diploma or GED (accredited) and 4 years of relevant experience. Experience: Seven years of relevant experience with demonstrated growth in responsibilities and contributions (in addition to education requirement).
B. Certificates, Licenses, Registrations or Other Requirements
Preferred but not required:
Chartered Financial Analyst (CFA);
Certified Public Accountant (CPA); and/or
Certified Treasury Professional (CTP) C. Other Knowledge, Skills or Abilities Required
Microsoft Word, PowerPoint, Excel proficiency;
Expert modeling and managing data in Excel and statistical software (e.g. @Risk, Tableau, etc.);
Ability to recognize patterns and trends in large data sets and use quantitative analysis to develop business strategies;
Strong math, organization, critical thinking and problem solving skills;
Good presentation, research, verbal and written skills; and
Strong and diverse capital markets experience.
Experience with designing and managing interest rate and foreign currency derivative portfolios and strategies is helpful.
V. Work Environment
Listed below are key points regarding environmental demands and work environment of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Required to use motor coordination with finger dexterity (such as keyboarding, machine operation, etc.) most of the work day; Required to exert physical effort in handling objects less than 30 pounds rarely; Required to be exposed to physical occupational risks (such as cuts, burns, exposure to toxic chemicals, etc.) rarely; Required to be exposed to physical environment which involves dirt, odors, noise, weather extremes or similar elements rarely; Normal setting for this job is: office setting. Benefits At Waste Management, each eligible employee receives a competitive total compensation package including Medical, Dental, Vision, Life Insurance and Short Term Disability. As well as a Stock Purchase Plan, Company match on 401K, and more! Our employees also receive Paid Vacation, Holidays, and Personal Days. Please note that benefits may vary by site. If this sounds like the opportunity that you have been looking for, please click "Apply.”
I understand that applying to this job indicates that I have the legal right to work in the United States. I agree to perform physical duties of this position as outlined in the job with or without reasonable accommodations. I understand that if offered the position, I will be required to pass a drug screen.