Treasury Specialist

Dow•Midland, MI

3d•Onsite

About The Position

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet. Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place. Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 30 countries and employ approximately 36,000 people. Dow delivered sales of approximately $43 billion in 2024. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com. About you and this role Pension Investments within Treasury is seeking a Treasury Specialist, located in Midland (MI, USA). This role is part of the team which develops strategy, manages assets, and works with market makers, hedge funds and other investment professionals to manage defined benefit and insurance subsidiary assets. The successful candidate will have a passion and curiosity for learning and an interest in financial markets. The overall portfolio of assets to be managed is greater than $20 Billion, across 11+ defined benefit plans in 5+ countries, and 5 insurance subsidiaries. The team is comprised of 6 finance professionals with experience ranging from Specialist to Director. The position reports through the global Treasury organization, whose role is to ensure financial flexibility in order to deliver the Company’s strategy by optimizing the Company’s capital structure and investments through effective risk management.

Requirements

A minimum of a bachelor’s degree (preferably in a quantitative field such as Engineering, Finance and/or Economics) or relevant military experience at or above a U.S. E5 or Canadian Petty Officer 2nd Class or Sergeant ranking.
A minimum 3 years of relevant working experience.
A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.
Quantitative Financial Analysis – Analyze data, model risks, and evaluate portfolio performance.
Communication – Convey complex financial concepts clearly to diverse stakeholders.
Cognitive Flexibility – Adapt quickly to changing markets and priorities.
Solution-Oriented – Identify issues and implement practical, effective solutions.
Teamwork – Collaborate across teams to achieve strategic objectives.

Nice To Haves

Prior quantitative risk measurement experience.
Prior investment management experience.
Experience with trading derivative instruments, measuring their risks, and valuation methods.
Master’s degree or higher education (with a finance or quantitative focus preferred).
CFA Charterholder.
Prior experience in Financial Risk Management, Financial Operations, Treasury Systems and Financial Planning is desirable.
Understanding of accounting principles with an understanding of the regulatory and control environment, and business/financial law.

Responsibilities

Provides enhanced decision support across all aspects of portfolio management.
Optimizes processes and reporting, engages with external parties, gathers investment research, provides modeling and trade decision support, completes analysis in support of the asset allocation strategy for $20+ billion of defined benefit pension and insurance assets to achieve investment objectives.
Creates analytics and reporting related to assets, liabilities, GAAP funding, performance, positioning, and risk management.
Provides measurement of derivative overlay strategies across fixed income, credit, equity, commodity, and foreign exchange asset classes.
Supports risk measurement activities for Dow’s corporate derivative overlay strategies and pension assets and liabilities.
Advises on optimal long-term strategic allocation for effective asset / liability management.
Quantitative and qualitative analysis of manager performance.
Actively drives the onboarding process of new investment managers/funds, including initial due diligence and negotiating key terms.
Conducts economic and capital market research.
Coordinates with pension operation team to optimize efficiency.
Collaborates with different stakeholders internally and externally – internal compliance and audit, legal and tax team, HR, controllers, treasury, custodian, actuary, external fund managers.

Benefits

Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.
Employee stock purchase programs (availability varies depending on location).
Student Debt Retirement Savings Match Program (U.S. only). Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees’ Savings Plan (401(k)), helping employees reach the Company match.
Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Competitive yearly vacation allowance.
Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
On-site fitness facilities to help stay healthy and active (availability varies depending on location).
Employee discounts for online shopping, cinema tickets, gym memberships and more.
Transportation allowance (availability varies depending on location)
Meal subsidiaries/vouchers (availability varies depending on location)
Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)