Treasury Senior Consultant - Hedge Accounting

Treasury Senior Consultant

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world's most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We're looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.

Who we're looking for

Toyota Financial Savings Bank (TFSB) Treasury team is looking for a skilled Treasury Senior Consultant who's eager to apply his / her experience in hedge accounting to shape the future of this program at Toyota. Reporting to the Treasurer, the primary responsibility of this role includes initially joining the hedge accounting project team to design and coordinate the development of the hedge accounting infrastructure and thereafter managing the ongoing execution and development of the program.

What you'll be doing

Initially, this role will be part of the project leadership team developing the hedge accounting infrastructure here at Toyota.

The person will be the Subject Matter Expert (SME) and responsible for the Bank's hedge accounting program that will include among other possibilities the portfolio layering method.

Leading the implementation of the project in all of its aspects including software selection or development.

Working cross-functionally as the project manager and point of contact with other teams, including accounting, legal, compliance, systems, data science, IT, and other parts of Treasury to develop requirements, platforms, databases and capabilities for hedge accounting purposes.

This includes developing a hedge accounting strategy based on interest rate risk needs, available hedging instruments and hedged items.

Develop analytics to maximize hedge accounting benefits based on TFSB's ALM strategy.

Once the hedge accounting project goes live

As part of TFSB's balance sheet management process, this role will be responsible for regularly applying hedge accounting treatment to derivatives transactions, and ongoing monitoring to maintain effective hedging relationships and recommend actions when necessary.

Working closely with Treasury teams on Asset Liability Management related items including funding, liquidity management, interest rate risk management, forecasting, valuation, etc.

This role will continue to serve as Subject Matter Expert on hedge accounting related topics.

Provide evidence for business process controls, fulfill requests from internal and external audits and regulators.

Continue to improve all existing process

Perform ad-hoc analysis as requested

With future growth, this role is expected to manage and guide a team, provide thoughtful leadership to achieve future objectives with hedge accounting capability.

What you bring

Bachelor's degree required

A deep understanding of the valuation methods for derivative financial risk management products

A deep understanding of the relationship between the Asset-Liability Management function and Balance Sheet / Income Statement dynamics, familiar with various interest rate derivative products and interest rate risk metrics.

Specialized knowledge of the Accounting Rules pertaining to hedge accounting

Have ability to apply specialized Hedge Accounting knowledge to the TFSB business model

Previous experience managing a team

Financial modeling skills must have ability to design, understand, run, and troubleshoot financial models

Familiarity with databases (snowflake) and experienced in development collaboration with technology teams

Previous project management and software implementation experience

Ability to take ownership of processes, solve problems independently and improve the processes over time

Ability to collaborate cross-functionally with other teams such as operations, IT, accounting, etc.

Added bonus if you have

Experience with Empyrean, QRM, or Calypso

CPA, CFA or Master's degree in a relevant field (Statistics, Applied Mathematics, Finance, etc.)

What we'll bring

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include :

A work environment built on teamwork, flexibility, and respect

Professional growth and development programs to help advance your career, as well as tuition reimbursement

Team Member Vehicle Purchase Discount

Toyota Team Member Lease Vehicle Program (if applicable)

Comprehensive health care and wellness plans for your entire family

Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute

Paid holidays and paid time off

Referral services related to prenatal services, adoption, childcare, schools and more

Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

Relocation assistance (if applicable)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members' efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.