Financial Risk Manager

BAT is evolving at pace into a global multi-category business. We are on a mission to decrease the health impact of our industry.
To achieve our ambition, we are looking for colleagues who are ready to Be The Change. Come, join us on this journey!

British American Tobacco Romania has an exciting opportunity for a Financial Risk Manager in Bucharest

The Financial Risk Manager position is a role aimed at giving the position holder an extensive grounding in the strategy and processes involved in the provision of solid financial risk management of the Group and mechanics of implementation, globally. The key responsibility will be to support the Head of Financial Risk and the Head of Corporate Treasury in maintaining and implementing aspects of financial risk management and funding strategy, as defined by the Head of Corporate Treasury and the Group Head of Treasury. This includes managing financial risk related to new issuance of centre debt in the global capital markets, as well as the fx exposures Group has around the world; identifying market trends and analysing groups exposures and derivatives portfolio; managing and calibrating the derivatives portfolio in line with financial risk strategy and objectives; trading complex fx, interest rate or equity derivatives.

The Financial Risk Manager is also required to work closely with Group Treasury team in United Kingdom (Corporate Treasury and Commercial Treasury). The core Financial Risk & Dealing Room team consists of one person in Financial Risk as well as a team of Treasury Dealers.

The Financial Risk Manager will support the Team with all aspects of financial risk work; this includes advising and implementing fx and interest rates hedging strategies at a local, regional and centre level, optimising the use of the group finance companies, and supporting related financial risk management activities. In addition, the Financial Risk Manager will provide assistance with treasury aspects related to M&A projects, risk management initiatives, corporate restructuring projects and debt issuance in the capital markets.

Your key responsibilities will include:

• Report, monitor and perform simulations on group debt & derivatives portfolio as well as fx exposures.
• Analyse market trends and come up with professional judgement on how the trends are influencing group exposures. Propose changes in group hedging tactics and manage the implementation.
• Trade derivatives with Group's banks.
• Responsible for advice, recommendations to the Head of Corporate Treasury and Regional Treasury on financial risk management strategies, and manage within Group policies, all subsequent transaction executions.
• Participate in defining the required policies for the efficient management of the Group's financial risks (FX, interest rate, counterparty and liquidity), to ensure risks are fully identified, managed and monitored. The policies should be in line with the accounting requirements.
• Provide risk management input and support on any cross-functional projects and end market position to ensure financial risk issues are considered as part of the commercial decision-making process.
• Ensure that all risk activities are accounting compliant, well controlled and meeting Treasury objectives.
• Maintain Treasury liaison internally with accounting, legal and tax in relation to all derivatives, funding and capital structure matters.

What are we looking for?

• Have an understanding/ ability to develop understanding of the mechanics of financial risk management and debt issuance, both public and private.
• Have the ability to understand complex capital and derivative structures quickly and accurately.
• Have sound knowledge of tax, accounting and treasury aspects around the provision of debt or equity within a group structure.
• Have outstanding Excel and PowerPoint presentation skills
• Have the ability to present, sometime complex proposals, lucidly and succinctly to senior management and other members of the financial community.
• Maintain an extensive network of bank contacts in the risk management area.
• Good interpersonal, negotiating and IT skills.

What we offer you?
o We offer a market leading annual performance bonus (subject to eligibility)
o Our range of benefits varies by country and includes diverse health plans, initiatives for work-life balance, transportation support, and a flexible holiday plan with additional incentives
o Your journey with us isn't limited by boundaries; it's propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement, where your career progression isn't just a statement - it's a reality we're eager to build together. Seize the opportunity and own your development; your next chapter starts here.
o You'll have access to online learning platforms and personalized growth programs to nurture your leadership skills
o We prioritise continuous improvement within a transformative environment, preparing for ongoing changes

WHY JOIN BAT?
We're one of the few companies named as a Global Top Employer by the Top Employers Institute - certified in offering excellent employee conditions.

Collaboration, inclusion and partnership underpin everything we do here at BAT. We are looking forward to enabling every individual to thrive, regardless of gender, sexual orientation, marital or civil partnership status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability, age, skills, experience, education, socio-economic and professional background, veteran status, perspectives and thinking styles. We know that embracing talent from all backgrounds is what makes us stronger and best prepared to meet our business goals.

We see the career breaks as opportunities not obstacles. Through The Global Returners program, we support professionals looking to restart their careers after an extended absence from the workforce (e.g. time out caring for family, parental leave, national service, sabbatical and/or starting an own venture).

Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experience here.

If you require any reasonable adjustments or accommodations to help you perform at your best during the recruitment process, you are encouraged to notify us. We are fully committed to support you by making appropriate arrangements for you to demonstrate your full potential.