We are currently supporting our client Wärtsilä in the search for a Head of Market Operations and Group Funding to join the Corporate Treasury.

In this role, you will ensure that Wärtsilä’s global operations have a solid financial foundation to support sustainable growth and strategic execution. The position brings together funding, treasury market operations, financial risk management, liquidity management, and team leadership to safeguard financial stability while enabling the Group to achieve its strategic and financial goals.

The role is part of the Corporate Treasury Management Team and reports to the Corporate Treasurer. The location for this position is Helsinki, Finland.

Responsibilities:

• Lead, supervise and coach the front office team towards treasury excellence, continuous learning and high-quality stakeholder service.
• Support the Corporate Treasurer in managing relationships with Wärtsilä Group’s financial institutions, lenders and other key financing partners.
• Manage and hedge Group-level foreign exchange, interest rate and commodity exposures, including advising on and implementing hedging strategies and hedge accounting principles in line with IFRS requirements.
• Maintain diversified funding sources and adequate availability of long- and short-term funding in accordance with Wärtsilä’s policies and financial objectives, while mitigating refinancing risk.
• Provide Group companies with optimal internal funding solutions, considering tax aspects and supporting initiatives to reduce trapped cash.
• Maintain and develop tools for forecasting and monitoring liquidity needs, while building a thorough understanding of the key drivers behind the Group’s operating cash flow and working capital.
• Maintain Group and company level credit facilities with banks and financial institutions.
• Provide treasury-related training to internal stakeholders and key contact persons.
• Contribute to external reporting on the Group’s financial risks, treasury transactions and contingent liabilities, working closely with the Treasury Controller and supporting dialogue with external auditors.
• Support Treasury’s compliance and sanctions dialogue, advising the business, sales and trade compliance teams as needed.
• Continuously develop processes, systems, tools, reporting and presentations related to market operations, the in-house bank and trade finance, and actively participate in Treasury development projects.

Requirements:

• MSc in Finance or equivalent relevant education and a strong, proven background in funding and market operations in a similar role, with at least five years of relevant role-specific experience, in a large corporation or bank, in a multinational environment.
• Proven hands-on experience in FX and interest rate hedging, derivatives and money markets. Experience in commodity hedging is considered an advantage.
• Proven hands-on experience in group funding operations and short-term liquidity management.
• Deep knowledge and experience of financial markets, debt capital markets, LMA based loan documentation, financial instruments, and mark-to-market valuation methodologies.
• Ability for professional dialogue with banks and financial institutions.
• A positive team-player mindset, with the willingness to go the extra mile, support change and handle demanding situations.
• Excellent interpersonal skills and the confidence to engage in professional dialogue with all levels of the organisation as well as to provide training, advisory and coaching within own area of expertise.
• Strong communication and presentation skills.
• Ability, willingness and experience to lead development initiatives and projects within own area of expertise.
• Strong knowledge of treasury management systems and market data services, such as Refinitiv and Bloomberg. More than basic knowledge of Quantum treasury management system is considered as an advantage.
• Knowledge of IFRS rules applicable to treasury activities.
• Solid written and verbal professional proficiency in Finnish and English. Other language skills are considered as an advantage.
• Availability and willingness to work onsite, as this role requires regular physical presence and is not suitable for remote work.
• The selected person will undergo a security clearance, and any finding may lead to termination without a notice period.

Success will be measured by KPIs such as:

• Employee satisfaction score
• Internal customer satisfaction score

Interested candidates are invited to apply by 14 October with a CV.

For further information, please contact Niko Tikkanen (niko@equitatalent.com/040 550 9416) or Timo Leinonen (timo@equitatalent.com/0400 793 073).