Inactive

SKIMS

Direct-to-consumer shapewear, underwear, loungewear

Director Treasury & Credit Risk

Risk Management +1Posted on Jun 9

Full-timeLos Angeles, CA, USA$190k - $210k /yrIn-person

About the Job

Requirements

A bachelor's degree in Finance or Accounting is required.
At least 10 years of relevant treasury experience is required.
Experience in credit and risk management, treasury management, and managing banking relationships is required.
Proficiency with enterprise resource planning (ERP) and treasury management systems is required.
Ability to translate complex financial data into clear, actionable business strategies is required.
Ability to interact effectively with the C-suite, senior leadership, and key stakeholders is required.
Strategic, financial, and managerial acumen is required.
Ability to effect, influence, and manage change in a fast-moving organization is required.
Ability to build, grow, and deepen relationships with internal and external stakeholders is required.

Responsibilities

Oversee global cash management, liquidity optimization, and investment activities across entities and geographies.
Lead treasury setup and infrastructure for new international markets, including entity banking setup, intercompany funding structures, and repatriation strategies.
Oversee daily retail cash operations, including store-level cash management, armored car services, cash reconciliations, and point-of-sale cash handling processes.
Build and maintain relationships with financial institutions and banking partners, ensuring service levels, competitive terms, and appropriate risk mitigation.
Drive automation and continuous improvement of treasury management systems, payment platforms, and reporting tools.
Streamline treasury processes and controls, and maintain documentation of compliance standards and investment policies.
Monitor debt, debt covenants, and financing strategies, and ensure timely and accurate compliance reporting.
Manage foreign exchange risks, including hedging strategies, foreign currency trades, interest rate exposure, and value-added tax considerations across international markets.
Oversee intercompany funding and settlement processes in alignment with transfer pricing policies.
Direct the optimization of transaction costs, including bank and credit card fees.
Lead cash forecasting in alignment with operational needs, seasonal retail cycles, and business goals.
Establish and maintain global treasury policies for compliance, financial controls, investment strategy, and reporting.
Develop and maintain financial risk management strategies.
Oversee strategic management and implementation of credit risk in partnership with Finance and Legal.
Manage corporate and credit insurance-related projects, coordinating with internal and external stakeholders.
Oversee third-party insurance broker relationships, setting expectations and ensuring service standards are met.
Work internally and externally to set and enforce customer credit limits and insurance coverage to prevent overextension and financial risk.
Identify and evaluate exposure to potential liability, counterparty risk, and key vendor/supplier risk, particularly for retail partnerships and wholesale accounts.
Establish and oversee business and credit insurance coverage, including bank guarantees and letters of credit; recommend coverage and retentions, negotiate policy placement, and ensure appropriate programs are in place.
Own annual renewals of all business and credit insurance programs.

Desired Qualifications

An MBA or CPA is preferred.
Certified Treasury Professional (CTP) certification is preferred.
Experience in a retail or consumer goods industry is strongly preferred, including familiarity with seasonal cash cycles, inventory dynamics, and store-level operations.
Experience in a high-growth or scaling environment is ideal.
Experience building or scaling treasury functions is desired.
Experience with NetSuite is a plus.

SKIMS is a solutions-oriented brand creating the next generation of underwear, loungewear, shapewear, and essentials. We are setting new standards by delivering technically innovative, comfort-driven products with elevated design for everybody.

At the intersection of culture, innovation, and commerce, SKIMS is a global brand redefining modern apparel. Our teams are built on creativity, collaboration, and operational excellence, and we are committed to fostering an inclusive, high-performance environment where ambitious, curious, and values-driven individuals can do the best work of their careers.

As we continue to scale globally, our HQ teams play a critical role in shaping strategy, building world-class infrastructure, and driving sustainable growth across markets.

SKIMS is seeking a Director, Treasury to lead our global treasury and credit risk functions. This is a critical leadership role for a high-growth consumer and retail company embarking on significant international expansion. You will be responsible for building and optimizing the treasury infrastructure that enables SKIMS to scale — owning everything from cash and liquidity management to FX strategy, banking relationships, debt compliance, and enterprise risk. We are looking for a builder: someone who thrives on designing efficient, scalable operations and has the commercial acumen to partner closely with senior leadership.

Treasury

Oversee global cash management, liquidity optimization, and investment activities, ensuring financial stability across all entities and geographies.
Lead treasury setup and infrastructure for new international markets, including entity banking setup, intercompany funding structures, and repatriation strategies.
Oversee daily retail cash operations, including store-level cash management, armored car services, cash reconciliations, and point-of-sale cash handling processes.
Build and maintain strong relationships with financial institutions and banking partners, ensuring top-notch service levels, competitive terms, and appropriate risk mitigation.
Drive automation and continuous improvement of treasury systems (TMS), payment platforms, and reporting tools to improve operational efficiency and scalability.
Streamline treasury processes and controls, and ensure clear documentation of compliance standards and investment policies.
Monitor debt, debt covenants, and financing strategies; ensure timely and accurate compliance reporting.
Manage foreign exchange risks, including hedging strategies, foreign currency trades, interest rate exposure, and VAT considerations across international markets.
Oversee intercompany funding and settlement processes, ensuring alignment with transfer pricing policies.
Direct the optimization of transaction costs, including bank and credit card fees, to maximize savings.
Lead cash forecasting, ensuring alignment with the Company's operational needs, seasonal retail cycles, and business goals.
Establish and maintain global treasury policies around compliance, financial controls, investment strategy, and reporting.
Develop and maintain financial risk management strategies.

Risk Management

Oversee the strategic management and implementation of credit risk across the organization, in partnership with Finance and Legal.
Manage corporate and credit insurance-related projects, coordinating with both internal and external stakeholders.
Oversee relationships with third-party insurance brokers, setting clear expectations and ensuring service standards are met.
Work internally and externally to set and enforce credit limits and insurance coverage for customers to prevent overextension and potential financial risks.
Identify and evaluate the Company's exposure to potential liability, counterparty risk, and key vendor/supplier risk, particularly in the context of retail partnerships and wholesale accounts.
Establish and oversee business and credit insurance coverage including bank guarantees / letters of credit — including making recommendations on coverage and retentions, negotiating placement of policies, and ensuring appropriate programs are in place.
Own annual renewals of all business and credit insurance programs.

Bachelor's degree in Finance or Accounting; MBA or CPA preferred.
Certified Treasury Professional (CTP) preferred.
10+ years of relevant treasury experience, ideally including time in a high-growth or scaling environment.
Experience in retail or consumer goods industry strongly preferred — familiarity with seasonal cash cycles, inventory dynamics, and store-level operations is a plus.
Demonstrated experience building or scaling treasury functions, not just maintaining them.
Experience in credit and risk management, treasury management, and managing banking relationships.
Proficiency with ERP and treasury management systems; experience with NetSuite a plus.
Ability to translate complex financial data into clear, actionable business strategies.
Excellent communication skills with the ability to interact effectively with C-Suite, Senior Leadership, and key stakeholders.
Demonstrated strategic, financial, and managerial acumen.
Proven ability to effect, influence, and manage change in a fast-moving organization.
Ability to build, grow, and deepen relationships with a wide range of internal and external stakeholders.

About the Company

SKIMS

Direct-to-consumer shapewear, underwear, loungewear

SKIMS designs and makes underwear, shapewear, and loungewear aimed at a wide range of body types. Its products include bras, underwear, bodysuits, leggings, and loungewear sets, with emphasis on comfort and natural shaping. The company sells directly to consumers through skims.com, controlling brand experience and profit margins. The product line uses stretchable fabrics and technically constructed shapewear to provide support and shaping while remaining comfortable. SKIMS differentiates itself from competitors through inclusive sizing, body-positive branding, and a direct-to-consumer model that enables straightforward shopping and bundles that increase order value. The company’s goal is to set new standards in comfort-focused undergarments and apparel for diverse bodies and to expand its leadership in the shapewear and loungewear market.

Company size: 1,001-5,000
Company stage: Late Stage VC
Total funding: $894M
Headquarters: Los Angeles, CA
Founded: 2018

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