Senior Treasury Analyst, FX

4 weeks ago


Aurora ON, Canada Collins Executive Search Full time

The CompanyMagna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and the largest auto parts manufacturer in North America. The company is headquartered in Aurora, Ontario and employs more than 158,000 individuals globally across 27 countries.The RoleThe Treasury group is responsible for the management of our global funding, capital raising, liquidity management and various aspects of our risk management - including currencies, interest rates, market access, retirement programs and strategies that manage the protection and safeguarding of our assets through insurance programs. The group is also responsible for providing guidance to senior management and the Board on macroeconomic conditions and their implications for our business.We are looking to add a Senior Treasury Analyst to our team who will report directly to the Director of FX and Commodity Risk. The role will support the daily FX requirements for Magna’s divisions in the Americas, strategic FX hedging program, and help expand the Commodity hedging program. The Senior Treasury Analyst will play an active role in driving the business forward through technology projects including automating workflows. They will also work with internal and external parties to provide quarterly and year-end reporting.ResponsibilitiesFX Execution:Execute FX requests in the market from various divisions in the Americas as well as the corporate groupsConducting daily FX reconciliation and reportingExecuting hedging transactions using Chatham and 360T platformsFX Forecasting & Reporting:Collaborating with FX director to devise hedging strategies for various groupsCollecting and reviewing quarterly exposure reports.Advising Business Units (BUs) on effective hedging strategiesReconciling exposure forecasts for accuracyCommodity Exposure Management:Develop global hedging strategiesAt a future state the analyst will be working with the Director and other team members on hedging strategies for the various divisions globallyAdvising Business Units (BUs) on effective hedging strategies and reviewing Mark-to-Market (MTM).Hedging Execution: reconciling exposure forecasts for accuracy, executing hedges with Liquidity Providers (LPs) and booking them in Bloomberg MARS, exploring automation for transaction confirmation to Business Units (BUs).Treasury Technology InitiativesCreate and explore new technology initiatives Will work with the Director and other team members to scope out and drive future technology initiativesCollaborate with our technology team to increase efficiencies and automate workflowsInitiating longer-term projects focused on automating division forecasts and exposure management.RequirementsUndergraduate degree with a focus on quantitative skills such as math, engineering, computer science, or businessPost graduate qualifications are desirable but not requiredMinimum 2-5 years of work experience in an analytics roleThe ideal candidate does not have to have specific knowledge in Treasury or Risk Management but must be proficient in, or have a strong understanding of the following areas: Macroeconomics, Econometrics, Quantitative skills, Advanced proficiency in Excel, medium to advanced skills in python is a plusExperience working with financial platforms such as Chatham Financial, Bloomberg and FX Book of Record systems is a plus



  • Aurora, Canada Collins Executive Search Full time

    The Company Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and the largest auto parts manufacturer in North America. The company is headquartered in Aurora, Ontario and employs more than 158,000 individuals globally across 27 countries. The Role The Treasury group is responsible for the...


  • Aurora, Canada Collins Executive Search Full time

    The Company Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and the largest auto parts manufacturer in North America. The company is headquartered in Aurora, Ontario and employs more than 158,000 individuals globally across 27 countries. The Role The Treasury group is responsible for...


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    The CompanyMagna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and the largest auto parts manufacturer in North America. The company is headquartered in Aurora, Ontario and employs more than 158,000 individuals globally across 27 countries.The Role The Treasury group is responsible for the...


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    The Company Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and the largest auto parts manufacturer in North America. The company is headquartered in Aurora, Ontario and employs more than 158,000 individuals globally across 27 countries.The Role The Treasury group is responsible for the...


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