Head of Treasury - Debt Capital Markets - Selby, Yorkshire, United Kingdom, YO8 1
British Pound . GBP -
Drax Group plc employs 2500 globally with offices in Selby, London and throughout the UK. Drax Power Station is the biggest single site renewable generator in the UK and the largest decarbonisation project in Europe. Located near Selby, North Yorkshire, it is connected directly into the national electricity distribution grid. It supplies 6% of the country's electricity needs, including 15% of its renewable power, and a host of system support services. Three of its six 645 megawatt (MW) power generation units have been upgraded from burning coal to use sustainable biomass in the form of compressed wood pellets, sourced from responsibly managed working forests. A fourth coal unit will be converted to use the low carbon fuel in 2018. Drax Group plc is constantly evolving and growing to continue their successful streak whilst also attracting the very best talent to join their journey. The Head of Treasury - Debt Capital Markets will be responsible for: * Responsible for complex and evolving group capital structures strategically and operationally alongside the Group refinancing operations * Managing and structuring the Group's capital markets products and being the key person responsible for banking relationships (excluding FX options) * Leading the refinancing of Ca. £1bn of the Group's new generation capability covering the repowering of units 5 & 6, and covering the roll out of the OGCTs developing optimal capital structure routes, including SPVs, JVs, or on balance sheet or combination there of * Managing the Group's interest rates and inflation exposures, and associated treasury policies. Operating primarily on a long term (5 years plus) strategic planing phase, but having the ability to switch to operational execution as well * Managing the Group's Ca. £7bn PDBI Insurance programme and wider insurance programme. * Deputising for the Group Treasurer and working on any ad hoc projects as required * Taking a lead on any strategic projects, and providing leadership on any risk management and controls for the Treasury function * Developing and leading the credit insurance and risk mitigation approaches of the group and business units * Being able to cover for the Head of Treasury - FX and Operations, as required covering covenant compliance, FX and MM Dealing. Importantly the Head of Treasury - FX and Operations will undertake FX strategy management. complex FX trading (currently in the Top 10 for complexity and scale). * The treasury team will have a reporting line in to the Head of Treasury - FX and Operations, but the Treasury Assistants will have dual reporting lines in to both of the Head of Treasuries'. It is still integral that this role integrates and supports the wider treasury team through leadership and inclusion. * Key stakeholder management with external banks, credit rating agencies as well as internal stakeholders including the legal teams, tax teams and finance functions * ACA/ACCA/AMCT and ideally the MCT Qualification (or studying towards this) * Will have a significant corporate treasury experience in a debt or funding facing role * Will have international exposures and have a firm foundation in FX, Risk management and treasury controls * Will have line managed or supervised a Treasury team or team member * Will have strong leadership skills, as well as strong communications skills to manage internal and external stakeholders effectively * A self starter, creatively minded and focused on innovation who can demonstrate initiative and drive in everything they do, with the ability to adapt to a rapidly changing environment, industry and role. A competitive, six figure package is available for the successful candidate. Please note - the role is based in London, but travel up to Selby will be required to ensure the successful integration into the treasury team.