at Caterpillar, Inc. in Peoria, Illinois, United States
Job Description
Career Area:
Finance
Job Description:
Your Work Shapes the World at Caterpillar Inc.
When you join Caterpillar, you’re joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don’t just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.
We have an exciting position open within Caterpillar’s Corporate Treasury team. As a member of the Risk Management Services team, the Senior Finance Specialist – Foreign Exchange supports various FX and Commodity Risk Management activities.
The Senior Finance Specialist FX provides analysis and recommendations on risk exposures, specifically foreign exchange and commodity market risks. The incumbent analyzes and evaluates developments in foreign currencies, commodities, interest rates, and equities; helps develop strategies to manage foreign exchange and commodity price risks; recommends and implements strategies and maintains appropriate documentation; consults with other Caterpillar entities on foreign exchange issues; provides foreign exchange training; covers the risk manager’s responsibilities in their absence.
What You Will Do:
+ Support the production of monthly foreign exchange rates and perform risk analysis; interpret results and maintain rates in the Treasury Management System
+ Manage foreign exchange and commodity price risks: recommend and implement of hedging strategies and support for foreign exchange and commodity forecasts and reporting
+ Utilize existing standard processes and instruments to hedge currencies and commodities using spots, options, and forwards/swaps as part of the foreign exchange and commodity management process
+ Monitor foreign exchange market conditions and other financial derivatives to adjust to market risks when needed
+ Assess financial risks of forecasted transactions using modeling capabilities of in-house applications. Provide training to various entities within regional treasury centers regarding the global FX forecasting process
What You Have:
+ Education/Experience: The position typically requires a college or university degree in Finance, Business Administration, Economics, or Analytics with at least 18 hours of finance coursework and/or equivalent experience.
+ Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
+ Communicating Complex Concepts : Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
+ Decision Making and Critical Thinking : Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
+ Financial Markets : Knowledge of the products, types, competitors, customer base, major issues and regulatory considerations in the financial markets; ability to apply financial market knowledge to various business environments.
Top Candidates Will Have:
+ Bachelor’s degree in finance, accounting, economics or business administration
+ Prior experience in banking, treasury or corporate finance
Additional Info:
+ The primary locations for this role are Peoria, Illinois, Nashville, Tennessee, or Irving, Texas
+ Domestic relocation assistance is available for those who qualify
+ Sponsorship is NOT available
+ Domestic travel up to 25% depending on leader and team locations
+ Flexibility: This role is a full time, Hybrid position and currently requires 3 days a week in office.
Relocation is available for this position.
Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S which can be found through our employment website at www.caterpillar.com/careers.
Posting Dates:
May 30, 2024 – June 13, 2024
Any offer of employment is conditioned upon the successful completion of a drug screen.
EEO/AA Employer. All qualified individuals – Including minorities, females, veterans and individuals with disabilities – are encouraged to apply.
Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .
There’s more to work at Caterpillar than just the work itself. We hire smart, friendly people and it shows in our culture. We hold ourselves to high standards and make sure our values of integrity, excellence, teamwork, commitment and sustainability come to life in the way we work. We make sure our employees feel continuously challenged while also supported. We provide professional growth opportunities, including leadership programs. We celebrate the diversity of our team, while also working together as one Caterpillar.
Our culture, like everything at our company, is made possible by each employee’s contribution. Person by person, we create the environment we work in, and we are proud of the Caterpillar we’ve built.
