Aaron Wells Email & Phone Number

Atlanta, Ga, Us

Atlanta, Ga, Us

Lead a team of four analysts responsible for managing FX risk across the enterprise. Develop a currency risk management framework designed to balance consistency in hedge performance with the agility to adapt to evolving global markets. Lead the communication of the company hedging strategy, current and expected impacts on financial statements, and external guidance recommendations to the Executive Leadership Team and Investor Relations. Manage the relationship with banking counterparties to curate economic research, design complex hedging strategies, and investigate potential restructuring.

Atlanta, Ga, Us

Responsible for ideation and creation of investor facing presentations on long-term company strategy, publicly delivered by the company’s CEO and CFO at leading industry conferences (CAGNY 2022 & 2023). Effectively collaborated with the organization to assist management in preparation for key investor engagement including industry conferences, roadshows, and earnings calls.Led high pressure conversations with Wall Street analysts, institutional investors, and other internal / external stakeholders.Performed financial analyses, valuations, and modeling to best communicate with Wall Street analysts and investors. Led End-to-end execution of Non-Deal Roadshows with C-suite and Investor Relations.

Atlanta, Ga, Us

Oversaw the hedging strategy for ~2.9B (USD equivalent) of remeasurable balance sheet exposure. Developed and executed the hedging strategy for the translation of GBP, AUD, and CNY denominated earnings to USD.Executed daily FX and Commodity transactions to facilitate company operations.Collaborated with business units to actively hedge currency exposure for ingredient and equipment purchases.Served as project SME for the migration of the company Treasury Management System (from Wallstreet to Reval TMS).

Atlanta, Ga, Us

Supported the development of the company’s funding strategy and issuance of long-term debt in multiple currencies.Represented The Coca-Cola Company on a European Debt Investor Roadshow and served as a panelist at the Short End Sales & Trading Atlanta Investment Symposium hosted by Bank of America.Analyzed risk exposure and market conditions to recommend and execute Interest Rate Swaps, Cross Currency Swaps, Swaptions, Interest Rate Cap/Floors, Rate Locks and other applicable derivatives. Developed and refined modeling for commercial paper daily issuance, IR swap break even, interest expense forecasting, and free cash flow forecasting.Managed the issuance and reporting of all letters of credit for 3rd party beneficiaries along with the annual renewal of Credit Facility Agreements.Managed the investment performance and hedging strategy of the Deferred Compensation Plan ($350mm unfunded plan). Reviewed and evaluated performance of investment managers for the Global Retirement Savings Plan (GRSP). Reported to the GRSP Investment Committee on a semiannual basis.

Supported the Borrowing & Liquidity team in Treasury. Primarily responsible for the reporting, forecasting, and issuance of company debt. Communicate details of upcoming maturities, funding needs, and trends in Total Leverage to senior management. Developed annual funding plans addressing operating and capital needs of PRU subsidiaries. Allocated use of proceeds from debt issuances and monitored liquidity of maturing debt.Developed debt investor outreach strategy. Coordinated road shows as well as identified target investors based on market activity and bond holdings.Enhanced reporting efficiency by creating a comprehensive debt data model used to classify company borrowings.Improved inter-company loan tracking and reporting. Currently developing a comprehensive policy and procedure document regulating affiliate borrowing and lending.Participated in multiple debt issuances, raising approximately $3 billion.

Managed the company’s relationship with rating agencies: Moody’s, Standard & Poor’s, Fitch, and A.M. Best. Internal and external point of contact for communication regarding ratings and select SEC disclosures. Provided oversight and leadership for the collection, organization, and analysis of the company’s financial standing to facilitate executive level decision making. Managed communication related to rating agency surveys detailing Prudential’s liquidity, on-balance sheet leverage, interest expense coverage ratios, and investment portfolio. Summarized rating agency position and outlook for Board of Directors.Performed strategic analysis of statutory required capital held by operating segments; monitored and reported enterprise capital movements on monthly basis.Strategically planned and implemented pre-earnings release communication each quarter to rating agencies. This involves analysis and summarization of results for operating performance by business, consolidated net income, capital, and liquidity position.Led cross functional team to develop ratings section of “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Prudential’s Form 10-K and 10-Q SEC disclosure.Managed documentation process of enterprise Capital Management Polices & Procedures and Operating Principals; Lead initiative to standardize policies in preparation for future reporting to the Financial Stability Oversight Council (FSOC).

Managed the Retirement segments General Account portfolio reporting. Performed analysis of financial data to forecast and report investment income and realized gains/losses on fixed income and derivative products for Prudential’s GAAP and Statutory reporting requirements.Analyzed quarterly and monthly net investment income results for Prudential Retirement’s fixed income portfolio (assets of approximately $30B), which drove aggregate portfolio investment strategy. Tracked and modeled key drivers of portfolio performance including: treasury rates, credit spreads, and equity market conditions on an actual and forward looking basis.Provided analysis of Prudential Fixed Income’s General Account performance to Prudential’s Investment Committee of the Board of Directors.