Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take.
Realty Income’s employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement.
Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day.
Position Overview:
The Financial Risk Manager will be a highly analytical and detail-oriented individual responsible for identifying, analyzing, and mitigating various types of risks through financial derivatives execution. The Financial Risk Manager will contribute significantly to strategic decision-making and ensure the Company’s financial stability.
Key Responsibilities:
Financial Risk Identification and Analysis
- Develop an in-depth understanding of potential exposures and vulnerabilities within the organization in the context of Financial Risks, cross FX, Rates and Liquidity, Credits, Accounting, and Operations.
- Conduct quantitative and qualitative analysis to assess the magnitude and potential impact of identified risks, assist with the annual update of the Company’s Financial Risk Management Policy, and ensure we duly adhere to the Policy guidelines.
- Understand how the various strategic and tactical initiatives affect the Company’s financial performance/risk exposure, and support, own and improve the international corporate finance model.
- Work with Accounting, closely follow our evolving organizational structure and understand how the various ways of recording intercompany funding affect our FX risk exposure and hedging needs.
- Recommend hedging transactions to senior management based on the Company’s strategic need, exposure analysis, as well as a thorough understanding of any hedge accounting implications.
Transaction Execution
- Structure and execute derivative trades by working with relationship banks and Chatham while diligently following the Company’s Policies and Procedures around derivatives execution.
- Review the transaction summary and hedge accounting memos from Chatham to ensure that all trade/accounting details align with our internal expectations.
- Think proactively about optimum execution strategies and track banks’ performance
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Work closely with Treasury and Accounting to ensure all derivatives-related matters (such as settlement, book entry, hedge accounting, and explaining quarterly marked-to-market variations, etc.) are handled sufficiently.
Monitoring and Reporting
- Maintain and build relationships with the Company’s core banks, including ISDA execution, ongoing idea generation, requesting credit lines in preparation for derivatives execution, and tracking derivatives wallets.
- Monitor the effectiveness of risk management strategies and adjust, as necessary.
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Prepare and present regular risk exposure reports to senior management and relevant committees.
Performs other duties as assigned.
Qualifications:
Knowledge, Skills, and Abilities:
- Advanced understanding of the various financial derivatives and how they are used to hedge corporate financial risk exposures.
- A good understanding of ASC 815 (Hedge Accounting) and prior experience in a derivative or hedging function, particularly in currency and rates
- Advanced financial statement modeling, Excel, and PowerPoint skills
- Experience working with ERP systems (Yardi a significant plus), TMS systems, and Bloomberg
- Strong written and oral communication skills
- Ability to handle large volumes of work, meet deadlines, and work under pressure.
- Detail-oriented, accurate, reliable, and flexible.
- Unquestionable integrity and commitment to the highest ethical standards and personal values.
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Proven self-motivation and initiative to organize and prioritize work, performing the job with minimal supervision.
Education and Experience:
- Bachelor’s degree in economics, mathematics, business administration, finance, accounting, or related.
- 3+ years of financial derivatives experience at one of the Big 4 accounting firms, or experience in hedging and derivatives at an investment bank or similar institution, with expertise in treasury management, or in a corporate treasury-related function
- REIT industry experience preferred
Certificates, licenses or registrations:
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CPA, CFA, and/or CTP designation or relevant experience is required.
What you will get in return:
The base salary for this role is in the range of $89,498 - $141,976. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!
