• Manager, Global Risk Management & Capital Markets

    Under Armour, Inc. (Baltimore, MD)


    Manager, Global Risk Management & Capital Markets

     

    Manager, Global Risk Management & Capital Markets

     

    Values & Innovation

     

    At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.

     

    Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.

     

    Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.

     

    If you are a current Under Armour teammate, apply to this position on theInternal Career Site Here. (https://performancemanager8.successfactors.com/sf/careers/jobsearch?bplte\_company=ua&\_s.crb=aNMP8gWoYkBDFn%252bz2BldysgcgQHZpVs6tHzE9smSuXE%253d)

     

    Purpose of Role

     

    The **Manager, Global Risk Management & Capital Markets** leads Under Armour’s global FX and interest rate risk management and plays a key role in Capital Markets activities. Responsibilities include protecting financial performance, strengthening working capital, and supporting enterprise-wide growth, managing global FX and interest rate exposures, executing Under Armour’s hedging strategy, and partnering closely with global cash management. The role also supports credit facility negotiations, debt and equity transactions, and rating agency engagement, while driving enhancements to supply chain financing and accounts receivable sale programs. As a strategic advisor and business partner, the Manager works closely with Business Units and regional teams to provide guidance on FX, interest rates, capital markets, and working capital solutions that enable smarter decisions and stronger financial outcomes.

    Your Impact

    + Oversee and manage the global execution of the Company hedging strategies to mitigate exposure to significant FX and Interest Rate risks. Responsibilities include:

    + Managing monthly balance sheet hedge program.

    + Executing cash flow and net investment hedge strategies.

    + Analyzing and assessing currency exposures to identify opportunities to enhance the hedging program.

    + Monitoring interest rate risk, developing recommendations, and supporting the execution of the strategy to manage risk within established guidelines.

    + Partnering with various banking providers to evaluate and enhance existing hedging programs.

    + Preparing monthly accounting reconciliations, hedge accounting, and ensuring compliance with applicable derivative regulatory requirements.

    + Performing sensitivity analysis on budgets and forecasts due to movements in FX rates.

    + Executing bi-annual VaR analysis.

    + Establishing and maintaining key FX banking relationships including negotiation of counterparty agreements such as ISDAs.

    + Work with internal and external auditors.

    + Lead quarterly FX and capital markets update with Senior Leadership by preparing key supporting schedules, participating in the discussions, and documenting key takeaways and action items.

    + Optimize global working capital via enhancing the Supply Chain Finance programs and Accounts Receivable sale strategies, exploring local working capital lines; inventory-based financing, p-card or v-card solutions for indirect inventory payments

    + Support rating agency relationship, forecast calculations to inform management; weighted average capital calculation (WACC) and assist VP of Treasury in negotiation of Credit Facilities and any equity/debt market transactions

    + Forecast Other Income and Expense in line with Company forecasting calendar; perform sensitivity analysis on budgets and forecasts due to movements in FX and interest rates.

    + Review monthly accounting reconciliations, hedge accounting, and ensure compliance with applicable derivative regulatory requirements

    + Monitor and advise on counterparty credit risk throughout the organization.

    + Support managing international cash flow/cash needs and investments as they relate to foreign currency funding and long-term international capital structure decisions.

    + Identify opportunities and implement treasury-related business process improvements including multi-lateral FX netting

    + Performs other duties as assigned to meet business needs.

    Qualifications

    + BS/BA in Accounting or Finance; MBA or CTP preferred.

    + 5 - 8 years of Treasury experience at a large multinational company.

    + Knowledge of worldwide financial and capital markets, and tax, legal and accounting issues pertaining to derivatives (hedge accounting) and other capital markets tools preferred; Understanding of generally accepted finance and accounting policies, principles and controls required.

    + Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills.

    + Demonstrated leadership skills, willingness to “do what it takes” to get the job done-done-done, and commitment to challenging the status-quo to make things better.

    + Strategic thinker with excellent analytical, critical thinking, problem-solving, interpersonal, and relationship building skills.

    + Ability to communicate effectively at all levels and articulate ideas, financial results, and actionable recommendations.

    + Able to make decisions in a timely manner sometimes with incomplete information and under tight deadlines and pressure; comfortable challenging organizational norms and accepted thinking to improve effectiveness.

    + Strong organizational and project management skills; attention to detail.

    + Self-motivation: must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed.

    + High level of responsivenessand ability to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.

    + Experience with FX hedging software, treasury workstation and SAP a plus.

    Workplace Location

    + **Location:** This individual must reside within commuting distance from our **Baltimore (HQ)** office.

    + **Work Schedule:** This role follows a hybrid work schedule, requiring 4 days in-office per week.

    Relocation

    + No relocation provided

     

    Base Compensation

     

    $110,018.40-$137,523.00 USD

     

    Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.

    Benefits & Perks

    + Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community

    + Under Armour Merchandise Discounts

    + Competitive 401(k) plan matching

    + Maternity and Parental Leave for eligible and FMLA-eligible teammates

    + Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being

     

    Our Commitment to Equal Opportunity

     

    At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour seeks to recruit, develop and retain the most talented people representing a wide variety of backgrounds and perspectives. If a reasonable accommodation is needed to participate in the job application or interview process, please contact our Human Resources team via [email protected].

     

    Requisition ID: 164357

    Location:

    Baltimore, MD, US, 21230

     

    Business Unit: Corporate

     

    Region: North America

     

    Employee Class: Full Time

     

    Employment Type: Salaried

     

    Learn more about our Benefits here