Director of Funding
Caterpillar

Job Info

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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.

Your Work Shapes the World at Caterpillar Inc.

Our common values and focus on inclusion and respect drive the decisions made by our company, teams and people. This is why we are committed to hiring and building diverse teams representative of the customers we serve globally. When you join our team, you can apply your unique life and job experiences and work in an environment where your ideas are heard, your contributions are celebrated, and your whole-self matters.

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.

About Cat Financial

Cat Financial is a subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For more than 40 years, Cat Financial has provided a wide range of financing solutions to customers and Cat® dealers for machines, engines, Solar® gas turbines, genuine Cat parts and services. Headquartered in Nashville, Tennessee, Cat Financial serves customers globally with offices and subsidiaries located throughout North and South America, Asia, Australia, Europe and Africa. Visit cat.com to learn more about Cat Financial.

Role Definition
Provide leadership to formulate, propose and implement interest rate risk, debt placement strategies, foreign exchange, and funding strategies for Caterpillar Financial Services Corporation (CFSC), manage CFSC pricing functions, manage global factoring programs for CFSC and support key processes in support of the corporate business plan.

Responsibilities
• Oversees regional funding in either North America or Latin America, including the management and issuance of short and long-term debt securities, including commercial paper, medium-term notes, bank bilateral financing, and other capital solutions.
• Oversees cash management team for North America, supports regional line units with banking and account management needs, and structures and administers intercompany funding.
• Oversees the administration of the global interest rate and FX risk management systems and processes and provides asset liability management leadership and recommendations for regional line units.
• Oversees global pricing function with responsibilities including the establishment of cost of funds, annual spread target setting, monthly reporting, and ROE evaluation of all transactions reviewed by Credit Committee.

Degree Requirement
Degree or equivalent experience desired

Skill Descriptors
Relationship Management: Knowledge of relationship management techniques; ability to establish and maintain healthy working relationships with clients, vendors, and peers.
Level Extensive Experience:
• Communicates to clients regarding expectations of all parties.
• Participates in negotiating the terms of the business relationship.
• Conducts periodic reviews of work effort, progress, issues, and successes.
• Maintains productive, long-term relationships with clients or vendors.
• Creates opportunities to educate support teams on client priorities.
• Empowers others to establish collaborative, healthy relationships.

Staff and Career Development: Knowledge of available internal and external learning resources and ability to address learning, training, and career development needs of individuals, teams or organization.
Level Extensive Experience:
• Determines, plans, and budgets for long-term learning and developmental needs.
• Supports and helps arrange rotational assignments within and between teams.
• Ensures associates understand shared ownership of their development needs and plans.
• Evaluates completed development in light of its contribution to achievement of business goals.
• Identifies mission-critical competency areas needed to meet business unit objectives.
• Establishes business-driven development plans for individuals, teams, or departments.

Asset and Liability Management (ALM): Knowledge of asset and liability tools, techniques and business practices; ability to manage, measure, and monitor risks associated with assets and liabilities.
Level Expert:
• Advises portfolio managers and ALM committees on managing risk-return profiles of portfolios and products.
• Leads discussions on the rationale for modifying or switching asset liability portfolio risk management strategies.
• Predicts the future trends and developments in asset and liability management.
• Develops ALM portfolio and risk management strategies for unique, complex, and risky situations.
• Creates a monitoring system for business environment, risks, and financial instruments in order to assess validity and relevance.
• Proposes alternative strategies to achieve desired and optimal ALM risk-return profiles.

Financial Instruments: Knowledge of the concepts, types and applications of financial instruments; ability to perform analyses, management and other related tasks associated with financial service business.
Level Extensive Experience:
• Works with multiple aspects of a complex financial instrument, such as derivative securities.
• Consults on accounting processes and strategies for various financial instruments.
• Leads the payoffs calculation for complicated financial instruments, such as derivatives.
• Develops appropriate financial structure based on specific financial needs for an organization.
• Coaches on trading approaches and techniques for various financial instruments.
• Provides instructions and training sessions on the use of complex financial modeling.

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.
Level Expert:
• Monitors the changes in international financial markets; keeps alert and responds quickly.
• Consults on reading and interpreting complex financial market reports.
• Designs, implements and adjusts organizational strategies and plans related to financial markets.
• Predicts the trends and directions of financial markets.
• Shares insights on the influence of emerging technologies on financial markets, such as Artificial Intelligence.
• Leads in discussing the issuance, circulation and withdrawal mechanisms of emerging financial instruments, such as Virtual Money.

Financial Risk Management: Knowledge of tools, techniques, and strategies applied in financial risk management; ability to quantify, qualify, and manage financial risk.
Level Expert:
• Designs and implements various types of risk management processes.
• Leads discussions on industry-specific and state-of-the-art risk management methods and models.
• Develops alternative risk and effectiveness measurement approaches.
• Champions the use of new risk management approaches and tools.
• Predicts future trends of risk assessment and management.
• Develops policy, strategy, and best practices for measurement and management of risk.

Generally Accepted Accounting Principles (GAAP): Knowledge of the generally accepted accounting principles (GAAP); ability to apply GAAP appropriately within the organization.
Level Working Knowledge:
• Analyzes internal and external sources of information for accounting practices.
• Solves conflicting interpretations of the meaning and application of GAAP.
• Researches and reports any contradictions that may arise in regards to GAAP vs. local law.
• Uses established accounting practices in day-to-day assignments.
• Applies specific accounting principles in the context of given business situations.

Treasury Management: Knowledge of the principles and methods of managing treasury; ability to use tools, techniques and processes to maximize the value of an organization's financial assets and revenue while minimizing risk.
Level Expert:
• Champions the use of new technologies and procedures designed to streamline treasury operations.
• Mentors others on practical financial risk management techniques and solutions.
• Advises senior management on asset and liability management strategies.
• Creates a monitoring system for industry benchmarks; relates them to own organization.
• Leads all treasury operations functions.
• Consults others on how to locate and leverage new sources of funding.

This Job Description is intended as a general guide to the job duties for this position and is intended for the purpose of establishing the specific salary grade. It is not designed to contain or be interpreted as an exhaustive summary of all responsibilities, duties and effort required of employees assigned to this job.

At the discretion of management, this description may be changed at any time to address the evolving needs of the organization. It is expressly not intended to be a comprehensive list of "essential job functions" as that term is defined by the Americans with Disabilities Act.

#LI-Hybrid
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:
November 7, 2024 - November 21, 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.

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