Senior Manager, Capital Markets and FX (New Health Care Company)

3M

3.9

(50)

Maplewood, MN (Remote)

Why you should apply for a job to 3M:

  • 4.1/5 in supportive management
  • 70% say women are treated fairly and equally to men
  • 70% would recommend this company to other women
  • 89% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 15% Culture that encourages employees to set aside a portion of their work to proactively pursue innovative ideas that excite them.
  • Flexability: 3Mers are empowered to come up with their own flexible work practice that maximizes professional and personal productivity.
  • Mentorships: 3M offers a mentorship opportunity appropriate virtually for every individual.
  • #R01111282

    Position summary

    will continue to operate as one global company. This role is positioned to drive the success of the "New Health Care Company".

    This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

    The Impact You'll Make in this Role
    As a Senior Manager, Capital Markets and FX, you will help manage the company's capital raising initiatives, execute financing transactions, mitigate financial risks (i.e. FX and interest rates) within the company's financial operations, and manage relationships with credit investors and financial institutions. You will work closely with the Assistant Treasurer, Treasurer, CFO and other finance executives to develop and implement capital structure plans as well as necessary financial risk mitigation strategies that align with the company's financial goals and risk appetite.

    The successful candidate will manage global investment vehicles, lead funding / debt issuance activity, execute on the corporate share repurchase program, manage financial risks (FX and rates) and support liquidity needs for 3M globally. You will collaborate with the relevant teams in Treasury, Finance, Accounting, Tax, and Legal to actively manage FX exposures, global investments, related funding and liquidity functions.

    At 3M, you have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact through:

    • Proactively developing strategic treasury recommendations, analysis of capital markets and liquidity management across the global enterprise

    • Planning and executing capital raising activities, including debt issuances, equity offerings, and other financing arrangements, as applicable

    • Evaluate various financing options and structures to optimize funding costs and manage capital requirements

    • Collaborate with investment banks, underwriters, and advisors to coordinate financing transactions

    • Developing sophisticated financial models to evaluate capital structure scenarios, cost of capital, and financial impact of various financing strategies

    • Leveraging modeling to assess risk and return profiles of debt and equity transactions, aiding data-driven decision-making

    • Identifying, analyzing, and assessing financial risks/exposures (i.e. FX and rates) within the company's global financial operations

    • Develop risk mitigation strategies and execute hedging mechanisms including derivatives (e.g. forwards, options, swaps, etc.) to safeguard the company's financial position while effectively managing counterparty risk and monitor and adjust these strategies considering market conditions and adherence to corporate policy and objectives

    • Establish and maintain financial risk management policies, procedures, and guidelines; ensure compliance with applicable regulations, reporting requirements, and disclosure standards

    • Stay abreast of global economic trends, geopolitical events, and regulatory changes that could impact currency and interest rate markets. Provide insights and recommendations to senior management on potential risks and opportunities

    • Ownership of global investment portfolio to preserve capital, manage counterparty risk and maximize yield

    • Develop strategies and lead execution of 3M's short- and long-term debt programs, including 3M's commercial paper program and medium-term note program

    • Develop and execute strategies related to dividend policy, share repurchases, liquidity management, credit facilities, liability management, and debt maturities

    • Management and execution of corporate share repurchase program, including communication to executive management

    • Ensure 3M's trading execution is compliant with standards of good governance, including SOX controls and 3M's internal policies; liaise with 3M's external audit providers both proactively and upon request to facilitate assurance reviews

    • Communicating effectively with executive management regarding investment and debt portfolio performance

    • Leading strategic legal entity reviews for Treasury to ensure efficient use of capital across the enterprise

    • Act as a liaison between the company and external stakeholders in capital markets

    • Collaborate with the Treasury Technology team to implement and optimize capital markets-related systems and tools

    Your Skills and Expertise

    To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

    • Bachelor's degree in Finance, Economics, or a related field or higher (completed and verified prior to start) from an accredited institution

    • Ten (10) years of experience working in corporate environment and/or financial services, including significant exposure to capital markets in a private, public, government or military environment

    Additional qualifications that could help you succeed even further in this role include:

    • In-depth knowledge of global financial markets, foreign exchange products, capital instruments, debt/equity financing mechanisms, and risk management strategies.

    • CFA (Chartered Financial Analyst) designation is a plus

    • Strong analytical skills with the ability to interpret complex financial data and make informed decisions

    • Comprehensive financial markets acumen, enterprise treasury knowledge, investment experience, familiarity with risk management programs and standard market methodologies / conventions

    • Strong analytical and modeling skills and the ability to make data-driven financial decisions

    • Role requires strong skills in Bloomberg

    • Preferred Treasury Management System experience (i.e. Kyriba)

    • Experience engaging with external parties, including Investment Banks

    • Strong experience influencing across the organization

    • Risk management analysis skills

    • Self-starter with ability to drive change

    • Excellent communication and presentation skills, with the ability to interact with senior executives and external stakeholders

    • Strong organizational and prioritization skills

    • Advanced education or certification such as MBA, CTP, or CFA

    Travel: May include up to 20% domestic/international

    Relocation Assistance: None

    Work location: This position is authorized to work remotely

    Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

    Supporting Your Well-being

    3M offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.

    Resources for You

    For more details on what happens before, during and after the interview process, check out the Insights for Candidates page at 3M.com/careers.

    Learn more about 3M's creative solutions to the world's problems at https://www.3M.com or on Twitter @3M.

    Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

    Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M's business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.

    Pay & Benefits Overview: https://https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/

    3M is an equal opportunity employer. 3M will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

    Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

    3M Global Terms of Use and Privacy Statement

    Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at 3M are conditioned on your acceptance and compliance with these terms.

    Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.

    Why you should apply for a job to 3M:

  • 4.1/5 in supportive management
  • 70% say women are treated fairly and equally to men
  • 70% would recommend this company to other women
  • 89% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 15% Culture that encourages employees to set aside a portion of their work to proactively pursue innovative ideas that excite them.
  • Flexability: 3Mers are empowered to come up with their own flexible work practice that maximizes professional and personal productivity.
  • Mentorships: 3M offers a mentorship opportunity appropriate virtually for every individual.