Vice President Treasury Risk — Electrified Vehicle Exposure Netting and Hedge Effectiveness

The mandate

An electrified-vehicle supply platform buys internationally and supplies customers under contracts with different currency and commodity adjustment provisions. Treasury currently receives gross purchasing and revenue forecasts without consistent evidence of natural offsets or enforceable repricing. Hedge decisions therefore risk protecting an exposure that has already shifted, or leaving a timing mismatch unrecognised. The VP Treasury Risk will own the supported exposure perimeter and its translation into approved protection decisions.

Eighteen professionals cover exposure analysis, hedge operations and control review. Procurement, sales and operating finance supply contract and volume evidence, while accounting specialists retain hedge-accounting conclusions. The appointment is open-ended, beginning with an eighteen-month agenda for exposure integrity, effectiveness review and stronger decision records. Bengaluru is the hybrid base, with planned sourcing and customer-finance sessions where changes to underlying obligations cannot be understood from the treasury forecast alone.

The exposure book must distinguish committed and forecast activity, contractual adjustment rights, expected timing and offsets that may fail together. A supplier cost movement passed to a customer after several months does not eliminate the intervening cash or margin consequence. Conversely, treating both sides as unrelated gross exposure can create unnecessary protection. The VP will require reliable commercial evidence and show what happens when volume, settlement or repricing differs from the assumed operating path.

Delegation covers treasury protection execution and exposure-management priorities inside authorised limits and instrument policy. New instrument classes, material exceptions and changes to risk appetite require the treasury risk committee or directors. Commercial owners negotiate operating terms, legal specialists confirm rights and financial reporting owners determine accounting treatment. This is a treasury functional leadership seat; enterprise product safety, underwriting and unrelated business risks remain with their own accountable executives.

The continuing responsibility is to keep protection aligned to changing obligations, with transparent review when a previously useful hedge no longer serves its intended exposure. The role excludes redesigning vehicle programmes, predicting market direction as an investment strategy and independently negotiating supplier or customer contracts. It must nevertheless connect those contracts and programme changes to treasury choices, including the capital and cash consequences of retaining, changing or reducing an authorised position.

What you will own

• Establish the exposure evidence book with procurement, sales and operating finance, distinguishing contractual repricing, committed activity and uncertain forecast volumes before gross numbers are accepted as treasury risk.
• Decide authorised netting and protection priorities using supported natural offsets, testing timing and joint-failure assumptions rather than assuming that matching currencies or commodities create a dependable economic cancellation.
• Govern hedge execution inside approved instruments and limits, preserving separation of decision, dealing and control duties while escalating a proposed exception before it changes the platform's authorised risk position.
• Review economic protection against realised operating events, explaining how volume changes, settlement delays or repricing differences affect the original purpose without substituting accounting classification for treasury effectiveness.
• Recommend capital and cash responses to altered exposures, showing the consequence of retaining or revising positions and obtaining the required approvals where the adjustment exceeds ordinary delegated authority.
• Present unresolved exposure evidence and material protection exceptions to the committee, assigning commercial or specialist input owners rather than treating an incomplete contract assumption as a final treasury conclusion.
• Develop treasury risk managers who can challenge operating forecasts, document protection rationale and revisit assumptions after commercial changes without relying on the VP's personal interpretation of every hedge decision.

Candidate qualifications

• Show personally accountable FX, commodity or interest-rate protection decisions in automotive treasury or a comparable manufacturing setting. Explain the underlying obligation, natural offset or repricing evidence and what changed when actual activity differed. Candidates must distinguish protection of a supported business exposure from a market view, and demonstrate judgement beyond the mechanical application of an approved hedge ratio to gross forecast volumes.
• Have strong exposure-netting and effectiveness methods, including timing, volume uncertainty and the possibility that apparent offsets fail under the same operating conditions. Describe a contract feature or settlement mismatch that changed your decision. Rigorous finance training or equivalent proven technical depth is expected, with clear collaboration alongside legal and accounting specialists rather than an unsupported claim to own every contractual or hedge-accounting conclusion.
• Bring director-level or comparable senior treasury responsibility within an 18–22-year career, including leadership of specialists and meaningful risk-governance communication. Evidence should show how you exercised delegated authority, maintained dealing-control separation and escalated exceptions. The VP must be able to defend a protection recommendation under challenge without presenting treasury functional expertise as authority over unrelated enterprise risks.
• Demonstrate a review process that kept hedges aligned with changing operating obligations after execution. Explain a position you revised, retained with conditions or escalated when its original evidence weakened, including the cash and capital consequences. Constructive partnership with procurement and commercial leaders matters because those teams own inputs and contract decisions whose quality determines whether treasury protection remains economically useful.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference CVU-PER-2026-IND-268.