Sr Manager Global Trade Finance (Hybrid)

Target•Minneapolis, MN

5d•$95,000 - $171,000•Hybrid

About The Position

A role on the Global Trade Services Team means that you will play a key role in supporting Target’s high degree of compliance with US Customs laws and regulations, maintaining the speed of our best-in-class import supply chain while ensuring Target avoids fines and penalties for non-compliance of import regulations. As Sr. Manager, Global Trade Finance, you will lead critical operations supporting Target’s import payment activities and First Sale duty savings program. You will translate Global Trade strategies and priorities into strong operational execution, develop team capabilities, maintain effective controls, and partner across Target and with external service providers to deliver financial, operational, and compliance objectives.

Requirements

Four-year college degree or equivalent experience
7+ years of relevant experience in global trade, international finance, treasury operations, supply chain, customs compliance or a related field
Proven ability to lead, coach and develop team members to achieve strong results
Strong operational leadership skills, with the ability to translate strategy and priorities into clear plans, expectations, routines, measures and execution
Experience managing complex financial, supply chain, trade or compliance-related operations with a strong focus on accuracy, controls and risk management
Ability to identify operational efficiencies and opportunities, challenge the status quo and lead sustainable change across teams and partners
Strong analytical and financial acumen, with the ability to use data to assess performance, identify root causes, surface risks and opportunities, and influence decisions
Experience managing external partners or service providers, including establishing performance expectations, driving accountability and resolving complex issues
Technical aptitude with the ability to understand systems, data flows and process dependencies to support problem solving and modernization
Ability to think independently, navigate ambiguity, prioritize competing needs and drive effective resolution
Ability to develop strong, collaborative relationships and influence across functions and levels of the organization

Nice To Haves

Experience in global trade, import finance, customs compliance or international supply chain operations
Experience supporting First Sale, duty optimization or other import savings programs
Previous experience leading or working with global teams
Previous experience in retail or another matrixed corporate environment
U.S. Customs Broker License

Responsibilities

Lead and develop a team of Sr. GTS Finance Specialists and provide functional, dotted-line leadership to Target India team members supporting First Sale. Establish team priorities, goals, performance expectations and operating routines. Create connectivity, consistency, and accountability across First Sale US and India teams. Partner with India leaders to support team effectiveness, development, and performance.
Translate First Sale strategy and program priorities into executable plans and sustainable operating practices. In partnership with the Lead Global Trade Business Partner for First Sale, assess program performance, identify opportunities to strengthen execution or expand savings, and ensure changes are effectively implemented across U.S. and India team. Ensure program requirements, controls, and processes are consistently executed in support of compliance objectives. Oversee program routines, vendor participation, reconciliation activities, savings and financial reporting, and support issue resolution and remediation.
Lead the day-to-day execution of Target’s import-related financial operations, ensuring the timely, accurate and compliant payment of imported merchandise, customs duties, fees and other third-party obligations. Monitor operational performance and controls, identify emerging risks or recurring issues, and drive effective resolutions to protect product flow and mitigate financial, operational, and compliance risk.
Manage the operational performance of Target’s international trade banking relationships in partnership with Treasury. Monitor service levels and key performance indicators, drive accountability with external partners, lead resolution of operational issues, and identify opportunities to improve the reliability, efficiency and effectiveness of global trade payment operations.
Use data and insights to assess performance and inform decisions. Serve as the primary business owner for Global Trade Finance and First Sale data, reporting, analytics and insights needs. Partner closely with the centralized Analytics & Insights Team to define business questions, priorities, reporting requirements, measures and expected outcomes.
Drive continuous improvement and modernization across Global Trade Finance and First Sale processes. Identify and lead opportunities for automation, stronger controls, improved data and reporting, simplified processes, and elimination of unnecessary expense and waste. Partner with business, technology and Analytics & Insights teams to implement sustainable solutions and effectively lead teams through change.
Stay current on changes in global banking, trade, sourcing, and regulatory environments and understand their potential impact on payment operations, First Sale execution, and the import supply chain. Proactively identify operational impacts and partner with leadership and subject matter experts to implement appropriate responses.