Director, Financial Risk Management

Company: Align Technology, Inc.
Location: Raleigh
Posted on: March 20, 2026

Job Description:

The Director, Foreign Exchange, Capital Markets & Investments is responsible for leading the company’s global foreign exchange risk management, capital markets strategy, liquidity optimization, and investment portfolio oversight. This role ensures disciplined financial risk management, efficient capital deployment, and strong banking and counterparty relationships while supporting enterprise growth and balance sheet resilience. This leader partners closely with the CFO, FP&A, Accounting, Tax, Legal, and regional finance teams to optimize capital structure, manage financial risk exposures, and enhance yield within approved risk parameters. This role resides under Tax & Treasury organization and reports to Senior Director, Global Treasury. Role expectations Foreign Exchange Risk Management: • Design and execute global FX risk management strategy across transactional, balance sheet, and forecasted cash flow exposures. • Lead and manage both balance sheet hedging and cash flow hedging programs in compliance with ASC 815 / IFRS 9, including designation, documentation, and effectiveness testing. • Oversee hedging instruments including forwards, options, NDFs, and swaps across developed and emerging markets. • Own and drive improvements to intercompany funding, netting, and settlement structures to reduce gross exposures and optimize hedge efficiency. • Partner with Tax and Legal to align intercompany loan structures with hedging strategy and regulatory requirements. • Implement robust exposure forecasting, hedge performance monitoring, and variance analysis processes. • Conduct scenario modeling and stress testing for currency volatility and earnings sensitivity. Capital Markets Strategy • Lead capital structure planning and optimization. • Oversee debt issuance, refinancing, covenant compliance, and interest rate hedging strategies. • Manage global credit facilities and banking relationships. • Support M&A transactions with financing strategy, risk assessment, and integration of hedging programs. Liquidity & Investment Management • Oversee global liquidity positioning and intercompany cash optimization. • Develop and lead the strategy and project onboarding for in-house-banking structure, cash pooling and/or notional pooling. • Optimize pooling, netting, and funding structures to reduce trapped cash and FX exposure. • Manage short-term investment portfolio within board-approved guidelines, balancing yield, liquidity, and capital preservation. • Develop liquidity stress testing and contingency funding plans. Governance & Controls • Manage all qualitative and quantitative disclosures monthly, quarterly and annual. • Ensure compliance with local and foreign regulatory statutes, treasury policy, hedge accounting requirements, and SOX and internal controls. • Provide Board- and CFO-level reporting on FX exposure, hedge effectiveness, liquidity metrics, and capital strategy. • Lead automation initiatives leveraging TMS, BI tools, and analytics to enhance forecasting and risk transparency. What were looking for Required Qualifications • 12 years of progressive global treasury experience. • Demonstrated expertise in both balance sheet and cash flow hedging programs within a complex, multi-entity environment. • Deep knowledge of derivative instruments, global FX markets, and hedge accounting standards (ASC 815 / IFRS 9). • Experience optimizing intercompany structures to enhance hedge efficiency. • Proven leadership working with and mentoring high-performing treasury teams. • Strong analytical, strategic, and executive communication skills.

Keywords: Align Technology, Inc., Greensboro , Director, Financial Risk Management, Accounting, Auditing , Raleigh, North Carolina