Treasury Director - Risk Management

Employer
PepsiCo
Location
Harrison, New York, us
Salary
Competitive
Posted
May 03, 2021
Closes
May 05, 2021
Ref
173a5e77274b
Job Role
Treasury
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Auto req ID: 227497BR

Job Description

Step up to the biggest challenge of your career and realize your potential when your determination meets our dynamic culture.

This role reports to Treasury Senior Director, Risk Management and provides insurance and risk management support to PepsiCo's U.S. operations (Frito-Lay, PepsiCo Beverages and Quaker Foods) in the areas of Property, Casualty, Management Liability, Global Cyber insurance programs, etc. The scope of the U.S. operations comprises over 50% of PepsiCo's global revenues.

As a Director of Treasury, you will:
  • U.S. Casualty Risk Management Support:
  • Thorough analysis of casualty claims, advise on insurance and risk mitigation strategies, including retention levels and coverage limits
  • Coordinate risk improvement efforts with Safety and Claims teams to reduce losses and exposures
  • Advise on insurance and indemnification requirements in contract reviews to adequately transfer risk
  • Support legal team in evaluating legacy liabilities and oversight of financial processes for qualified settlement funds
  • SOX Control Owner for Treasury Risk Management processes
  • U.S. Property Risk Management support
  • Monitor and drive business risk improvements to achieve Highly Protected Risk (HPR) status and manage U.S. Property claims as needed
  • U.S. Insurance support
  • Lead annual actuarial review of casualty reserves
  • Renew U.S. specific insurance programs and ensure best in class coverage
  • Manage U.S. non-casualty (management liability, cyber, etc.) insurance claims
  • Work closely with U.S. casualty claims staff and PEP's third-party administrator to monitor high cost claims
  • Manage surety bond program to support business unit needs
  • U.S. Business Risk Management/Insurance Reviews
  • Prepare and present Property and Casualty insurance and risk reviews with the Treasury and business leadership teams
  • Reviews include updating the casualty loss dashboard and reporting on risk mitigation projects
  • Mergers & Acquisition / Capital expenditure Support
  • Conduct merger & acquisition risk/due diligence assessments and capital expenditure risk analysis related to insurable risks
  • Work with M&A team to procure Representations and Warranties insurance. Manage insurance integration of acquired operations
  • Cross-Functional Collaboration
  • Extensive cross-functional alignment with Legal, Tax and Control teams as well as interactions with Supply Chain, Marketing, and Global Procurement teams

Qualifications/Requirements

Requirements/Qualifications:
  • Master of Business Administration (MBA) strongly preferred, especially in Risk Management or financial disciplines
  • 15+ years of industry experience in a complex operating environment, strong insurance market and broker relationships

Preferred Qualifications:
  • Strong technical insurance background across Property, Casualty, Cyber, Management liability, Representation and Warranties lines, including knowledge of tax and accounting implications related to insurance matters
  • Excellent communication and interpersonal skills, position offer exposure to Finance leadership (Treasurer, business CFOs and Controllers, etc.)
  • Able to flex and prioritize multiple projects and build cohesive and effective cross-functional teams
  • Able to evaluate complex issues through an analytical framework. Experienced in developing insights from the analysis and creating executive level presentations
  • Proficiency in Excel and PowerPoint

Relocation Eligible: Not Eligible for Relocation

Job Type: Regular

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity

Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Credit Reporting Act, and all other applicable laws, including but not limited to, San Francisco Police Code Sections 4901 - 4919, commonly referred to as the San Francisco Fair Chance Ordinance; and Chapter XVII, Article 9 of the Los Angeles Municipal Code, commonly referred to as the Fair Chance Initiative for Hiring Ordinance.

If you'd like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law & EEO is the Law Supplement documents. View PepsiCo EEO Policy

Please view our Pay Transparency Statement