We Dream. We Design. We Deliver. This is the place where you'll be hands-on. Where new ideas are welcomed and expected. At every level and in every role we're doers and builders, not managers and minders. Hummgroup (ASX-HUM) is one of Australasia's most successful and enduring non-bank financial organisations with a proud legacy of rewriting the playbook. We help people buy everything, everywhere, every day.
What's so exciting about this role? As the Head of Funding - Commercial, you will be responsible for developing and executing the funding strategy to support the continued growth of hummgroup's flexicommercial business. You will have experience in transaction management execution, from inception to funding, engaging all stakeholders, investors, and ratings agencies as required. This role sits within the Group Treasury Team at hummgroup, and its responsibility is for all hummgroup's funding, liquidity, capital, and risk management.
What Does An Average Day Look Like? No day is average at humm but here's an idea of what you can expect to do in this role:
Develop the funding strategy for flexicommercial ensuring effective sourcing of debt to meet business needs, whilst expanding the breadth of investors and lowering the cost of funds.
Drive the development, design, and execution of all funding activities related to hummgroup's flexicommercial business, sourcing funding through bank facilities, private placements, and public capital markets transactions.
Lead the initiative to develop innovative structuring solutions, particularly within the debt capital structure, that provide the business with access to flexible and low-cost funds to enable them to broaden their customer base and pursue new market segments.
Develop a deep understanding of hummgroup's flexicommercial business, becoming an embedded trusted senior advisor across all their Treasury and funding needs.
Be a senior leader within the Group Treasury function with responsibility for supporting and overseeing senior and junior treasury analysts and team members.
Manage interest rate and FX risk management and broader Treasury risk management initiatives.
Manage key bank, debt investor, trustee, rating agency, and relevant regulatory relationships.
Lead funding aspects of all hummgroup projects, including the construct and roll-out of new flexicommercial products, and work constructively with all key internal stakeholders, including senior management.
Lead delivery and presentation of papers and discussions for required stakeholders and business units.
Drive and support the data and reporting transformation on the flexicommercial portfolio, including reporting benchmarking and improvements.
Support and contribute to broader Finance Team's transformation initiatives in a leadership capacity.
Who will thrive in this role? You are analytical and curious, and put that to use by driving great customer experiences and profitable growth for humm. You can manage a busy workload of priorities and can be relied on to deliver end-to-end. You are someone who believes in the strength of good relationships. You are flexible, driven, and passionate about customers; you can operate in and contribute to a fast-paced and dynamic environment.
We're also looking for someone who brings:
Extensive experience in debt financing, preferably through ABS securitisation or other structured debt financing, with strong understanding of capital/subordination structuring, documentation, and deal execution management.
Extensive experience in developing and delivering innovative funding solutions.
Proven track record of managing and executing new funding facilities, across warehouse funding trusts, public capital markets transactions, and private placements.
Experience leading funder and investor communications and roadshows.
Experience in preparation of funding forecasts and cashflow projections, asset pools with an understanding of interest rate and FX risk.
Strong leadership skills and ability to build high-performing teams and motivate and engage staff.
Strong verbal and written communication skills, and appropriate tailoring to the audience with ability to develop and deliver Board presentations and papers.
And did we mention that we are working in a super-fast-paced environment where change is the only constant? We really mean it, so experience working at pace is essential. If this sounds like you, then we would love to hear from you!
About the company Humm Group Limited provides consumer finance solutions. This Company offers a product ecosystem of buy now pay later, credit cards, and business financing. Humm Group serves shoppers, retailers, and small and medium enterprises in Australia, New Zealand, and Ireland.
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