Leading the future of luxury
mobility
Lucid’s mission is to inspire
the adoption of sustainable energy by creating the most captivating
luxury electric vehicles, centered around the human experience.
Working at Lucid Motors means having a shared vision to power the
future in revolutionary ways. Be part of a once-in-a-lifetime
opportunity to transform the automotive industry.
The Treasury organization at Lucid is responsible for global
cash operations, managing liquidity risk, managing banking
relationships, manage short term and long term borrowing
strategies, manage corporate and entity level capital structure,
debt financing, corporate insurance, managing risk exposures such
as FX, commodities and interest rates and investing Lucid’s cash
balance.
As a key member of the Treasury function, the Treasury Risk
Manager or Sr. Manager will be primarily responsible for developing
FX and commodity hedging strategies, as well as the trading of
derivatives for Lucid. This role will also support the Treasurer on
managing the firm’s corporate insurance policies
Your duties will include:
- FX and Commodities risk management:
- Measure, analyze, monitor, and influence FX and Commodities
exposure management across the corporation
- Manage holistic assessment process to proactively identify risk
and develop exposure management strategies for balance sheet and
forecasted cash flow risk
- Set consistent framework for market risk across the company in
partnership with key stakeholders such as supply chain and
operations finance
- Enhance global market risk policies, procedures and corporate
governance
- Identify and assess exposure, build mitigation plans and ensure
compliance with internal controls
- Help with ISDA negotiation and setting up of accounts
- Complete execution of all financial derivatives for the
corporation with banks and counterparties
- Work closely with accounting to manage election and requirement
of ASC 815 (FAS 133) hedge accounting, and ensure accurate
accounting and settlement of derivative transactions
- Support managing banking counterparty relationships from a
market risk standpoint
- Partner with control functions (Finance, Supply Chain,
Operations) and work with Lucid’s ERP system to leverage reports,
processes and systems
- Enhance risk reporting and analytics capabilities
- Communicate risk management requirements to businesses and
advise them on risk matters impacting their businesses by providing
inputs on contracts and agreements
Insurance:
- Support the Treasurer in managing Lucid’s relationship with our
insurance broker
- Help coordinating insurance data requests by working closely
with legal and business owners across the organization
- Provide input on insurance terms on key contracts
- Proactively manage Lucid’s risks by anticipating insurance
needs as the business expands in scope and across international
markets
What we are looking for:
- 7+ years of experience in Treasury with a global company with
at least 4+ years with direct FX and commodities risk exposure
- Prior experience managing a corporate insurance program would
be a plus
- Bachelors degree in Business, Finance, Accounting or a
technical field. MBA / CFA / CTP strongly preferred
- Proven analytical, communication skills and can present ideas
and complex issues in a concise manner
- Self-starter with experience working in a fast-paced
environment and can handle multiple priorities/projects
simultaneously
- Experience with treasury systems, trading systems and
SAP
Be part of something
amazing
Come work alongside some of the
most accomplished minds in the industry. Beyond providing
competitive salaries, we’re providing a community for innovators
who want to make an immediate and significant impact. If you are
driven to create a better, more sustainable future, then this is
the right place for you.
At Lucid, we don’t just welcome
diversity - we celebrate it! Lucid Motors is proud to be an equal
opportunity workplace and is an affirmative action employer.
We are committed to equal employment opportunity regardless
of race, color, national or ethnic origin, age, religion,
disability, sexual orientation, gender, gender identity and
expression, marital status, and any other characteristic protected
under applicable State or Federal laws and
regulations.
To all recruitment agencies: Lucid
Motors does not accept agency resumes. Please do not forward
resumes to our careers alias or other Lucid Motors employees. Lucid
Motors is not responsible for any fees related to unsolicited
resumes.
