Treasury Specialist Position Description

Treasury Specialist Position Description Treasury Specialist – Risk Management Location Brisbane Department Treasury and Leasing Division Treasury and Leasing Group Finance Direct Reports None Reports to Head of Financial Risk Manager once General Manager, Treasury and removed (MOR) Leasing Created August 2014 Updated January 2017 Goals My Role: To support the front office treasury risk management activities of the group, principally the development and execution of foreign exchange, fuel and interest rate risk strategies in accordance with the approved Treasury Risk Management Policy (TRMP). In addition, the role will include project work supporting the Treasury and Fleet Management team’s objectives. My Department: Treasury’s key goal is to manage the financial risks of the Virgin Australia Airlines Group, provide timely and accurate analysis and information to support management and the Board in achieving their objectives and strategies and to actively manage risks through hedging, cash management and structured funding activities. Expertise Must have Great to have Knowledge Knowledge of foreign exchange, and Aviation/ airline experience and interest rate markets knowledge Understanding of financial instruments, Knowledge of fuel and fuel hedging including option based hedging markets products. Understanding of the requirements of AASB 139 and accounting for financial instruments Qualifications Degree qualified in finance, accounting Post graduate qualification (Treasury, or related discipline Finance) Skills Effective written and verbal Proven experience interacting at senior communication skills, including management level presentation skills Experience using Visual Risk, Bloomberg Demonstrable systems abilities and a and Reuters. high level of computer literacy, including advanced Excel, PowerPoint and Word skills Treasury Management System experience Experience At least 5 years in a corporate treasury/risk management or financial markets role in a dealing capacity Updated: 31/01/2017 Page 01 Virgin Australia Position Description Treasury Specialist Position Description Key Accountabilities Accountability Major activities Performance Indicators 1. Fuel price risk, foreign Identify key business risks relating to [Click here] exchange risk, interest rate exposure to financial markets risk and carbon price risk. Contract advisor to the business on exposure to market risks and hedging strategies Support the development and presentation of risk management strategies Execute financial risk management strategies, including deal pricing, deal execution and deal entry. Support the hedging requirements for subsidiaries, including TigerAir Australia, VARA and Virgin Samoa 2. Cash and Liquidity Support cash reporting and liquidity requirements of the group, seeking opportunities to optimise working capital Support the placement of cash on deposit to optimise opportunities associated with surplus cash positions 3. Counterparty Credit Risk Monitor credit lines and credit concentration, providing timely advice to Head of Financial Risk and Group Treasurer Maintain ISDA documentation and associated dealing documentation to support hedging requirements 4. Risk analysis Development and support of at risk analysis and support of front office activities, including cashflow at risk and value at risk methodologies. Stress test hedging strategies providing reporting and analysis of their effectiveness including option v fixed based hedge products Undertake risk reporting for senior management and business units. 5. Planning and Reporting Provide input into the planning and reporting process for fuel, currency and interest rate expectations inclusive and exclusive of hedging positions. Monitor treasury performance against budget outcomes 6. Treasury Management Enhance TMS, including analysis and Systems support of front office activities. Updated: 31/01/2017 Page 02 Virgin Australia Position Description Treasury Specialist Position Description Accountability Major activities Performance Indicators 7. Project work Perform project tasks as required to support fleet and treasury initiatives Competencies are relevant to every Virgin Australia team member. Please refer to the Virgin Australia Behavioural Guide for further detail specific to your position. – Continuous Improvement and Strategic Focus – Critical Thinking and Analysis – Organisational and Social Commitment – People and Leadership – Personal Awareness and Effectiveness – Service Delivery – Vivacity Key Interactions Internal Treasury and Fleet team, Planning and Reporting team, Procurement, Revenue Management, Financial Accounting team. External Counterparty Banks, Auditors, Treasury System providers Major Challenges The uncertainty of financial markets and the growth of the Virgin Australia group will add complexity including: Volatility in financial markets and pricing of financial instruments Managing cashflow expectations in regards to treasury instruments and financial outcomes Uncertainty in regards to carbon pricing and a possible emissions trading scheme The operational and hedging requirements for subsidiaries Our Expectations You are expected: 1. To be the ultimate Virgin Australia ambassador through living, breathing and promoting the Virgin Australia Values – Caring, Excellence, Individuality, Resourcefulness, Innovation, Enthusiasm and Integrity. 2. To demonstrate our Leadership Behaviours; Act with integrity, Be decisive, Act quickly, Listen to Guests and team members and Take responsibility. 3. To comply with and actively support all position, department and company policy and procedures 4. To be a team player – supporting a one in all in approach and a first to know, best to deal with 5. To demonstrate our Safety First philosophy – First to find, first to fix! Ensuring that you keep our workplace fair and safe – free of all forms of discrimination and harassment and free from injury and incident. 6. To engage the very best of your personality and enthusiasm and create memorable, positive and fun experiences for all. Updated: 31/01/2017 Page 03 Virgin Australia Position Description .

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