Director Liquidity and Risk Management (dfm)

Job Description Summary

Job Description

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path unique opportunities will present themselves both professionally and personally. Join us the future is ours to shape!

The Director Liquidity and Risk Management & Risk Management identifies groupwide financial risk exposures (FX IR Commodities) and is responsible for executing appropriate risk mitigating hedging strategies as well as for managing short-term liquidity investments

Major accountabilities:

Responsibilities include but not limited to:

• Implement efficient cost effective and timely hedges through execution of FX derivative instruments (forwards swaps options) with brokers including algorithmic trading on electronic trading platforms

• Design maintain and develop the currency risk exposure report achieve productivity improvements and adapt new interfaces to ensure internal and external audit standards

• Monitor open hedge positions and assure correct input in the risk exposure report

• Ongoing planning and management of cash balances of all group managed entities to ensure minimum cash holdings. Coordination and implementation of short-term maturing investments (deposits) to assure ongoing availability of funds for operational and financial needs (e.g. dividend business development and licencing deals)

• Acts as advisor for all country related treasury and funding related matters while ensuring appropriate local entity capital structures are in place and supporting local entities in managing financial risks affecting the local profitability.

• Act as centre of excellence related to all Sandoz exchange rates their reliability and distribution; Advise the business related to multicurrency and tender contracts

• Contribute in projects related to specific risk management topics

• Key performance indicators include: Manage the currency exposure in line with target Net Currency Result and ensure accuracy at any time; Achieve above-benchmark return on short-term investments

Minimum Requirements:
What youll bring to the role:

• University or equivalent degree additional Treasury qualifications (CFA etc.) desired

• Approximately 5-7 years of financial risk and liquidity management work experience ideally gained at a corporate treasury department of a multinational company and/ or a financial institution

• Fluent (written and spoken) English.

• Financial Markets and Trading: Proven relevant experience in analysing and interpreting FX Interest Rates and Commodity markets with a thorough understanding of best practice trade execution including multibank trading platforms

• Risk Management: Deep expertise in identifying and managing financial risk positions with understanding of hedge accounting and how financial derivatives impact P&L

• Strong analytical skills: Clear assessment of complex issues provide structured potential solutions and drive effective resolution with other (senior) stakeholders.

• Leadership and communication skills: Able to set the right priorities in challenging and fast changing situations. Communicate clearly concisely and competently

• Process improvement: Striving to identify and implement improvements relating to systems and processes particularly showing affinity to new technology

Why Sandoz

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz a leader in this sector provided more than 900 million patient treatments across 100 countries in 2024 and while we are proud of this achievement we have an ambition to do more!

With investments in new development capabilities production sites new acquisitions and partnerships we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost high-quality medicines sustainably.

Our momentum is powered by an open collaborative culture driven by our talented and ambitious colleagues who in return for applying their skills experience an agile and collegiate environment with impactful flexible-hybrid careers where diversity is welcomed and where personal growth is supported!

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding inclusive work environment and diverse teams representative of the patients and communities we serve.

Accessibility and accommodation

Sandoz is committed to working with and providing reasonable accommodation to all individuals. If because of a medical condition or disability you need a reasonable accommodation for any part of the recruitment process please send an e-mail to and let us know the nature of your request and your contact information. Please include the job requisition number in your message

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Skills Desired