Senior Director, Treasury Capital Markets (Cincinnati)

Senior Director, Treasury Capital Markets

New York City, NY, United States

Full time Schedule

$206,400 - $343,920 Annually*

* based on job, location, and schedule

Hybrid role located in either New York City or Cincinnati, OH.

Job Overview

The Senior Director, Treasury Capital Markets leads Macy’s capital structure and financial policy, including debt issuance, dividend policy, M&A, and share repurchase execution. They oversee debt covenant compliance, manage bond payments, and apply critical thinking to support special transactions. The Senior Director collaborates with key executives to evaluate and recommend enhancements to the company’s pension asset and liability management strategy, working closely with external fund managers. This role as the Assistant Treasurer reports to the SVP, Corporate Finance and Treasury, and partners with teams both within and beyond the finance function.

What You Will Do

• Provide analytical support for capital markets recommendations in collaboration with external banking partners.
• Lead disciplined capital allocation and financial policy development.
• Execute capital markets transactions, including debt issuances, credit facility amendments, and share repurchases.
• Partner with cross-functional teams such as Investor Relations, CFP&A, Accounting, Tax, and Legal to support projects and communications.
• Own and manage direct cash flow forecasting processes.
• Oversee all aspects of the Retirement Plans, including managing the OCIO relationship with Rocaton and leading the Pension and Profit-Sharing Committee meetings.
• Evaluate existing cash management structures and implement solutions to improve cash visibility, direct cash flow forecasting and partner with Treasury Operation to enhance investment of surplus funds.
• Jointly manage banking relationships with the Assistant Treasurer of Treasury Operations and align business unit banking needs with global partner banks under standardized agreements. Maintain an accurate registry of all bank accounts, authorized signers, and associated services.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• In addition to the essential duties mentioned above, other duties may be assigned.

Skills You Will Need

Capital Markets Strategy & Execution – Deep expertise in managing capital structure, including debt issuance, share repurchases, and financial policy development to support shareholder value.

Cash & Liquidity Management – Proven ability to forecast and manage cash flows, optimize liquidity, and evaluate cash management structures to reduce costs and increase efficiency.

Pension & Asset Liability Oversight – Strong experience overseeing retirement plans, managing OCIO relationships, and aligning pension strategies with overall financial objectives.

Financial Analysis & Risk Assessment – Advanced analytical skills to evaluate market conditions, conduct scenario modeling, and assess risks to inform strategic capital decisions.

Cross-Functional Collaboration – Ability to partner with internal teams (e.g., Investor Relations, Legal, Tax) and external stakeholders (e.g., banks, fund managers) to execute initiatives and drive alignment.

M&A & Transactional Support – Experience supporting mergers, acquisitions, and other strategic transactions with thoughtful analysis, execution, and governance oversight.

Executive Communication & Influence – Strong executive presence with the ability to communicate complex financial topics with clarity, conviction, and influence across senior leadership.

Ethics & Integrity – Unwavering commitment to ethical standards, with a reputation for operating transparently and earning trust across all levels of the organization.

Leadership & Team Development – Demonstrated experience leading teams, preferably in a multi-location retail environment, with a focus on coaching, accountability, and talent development.

Strategic Thinking & Agility – A results-driven mindset with the ability to quickly connect dots, solve problems, and adjust strategies in a fast-paced, matrixed environment.

Who You Are

• Candidates with a bachelor’s degree or equivalent work experience in a related field are encouraged to apply. MBA, CFA and/or CPA preferred.
• 10+ years of related finance and/or accounting experience required. 5+ years of related experience in investments, treasury, and pension related activities preferred.
• Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
• Requires close vision, color vision, depth perception, and focus adjustment.
• Able to work a flexible schedule based on department and company needs.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some additional benefits we offer include:

• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice

About Us

This is a great time to join Macy’s! Whether you’re helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people’s lives.

Join us and help write the next chapter in our story - apply today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.