Join us and celebrate the beauty of human experience. Create for happier healthier lives with love for nature. Together with kindness and humility we deliver food innovations craft inspired fragrances and develop beauty and wellbeing solutions that make people look and feel good. Theres much to learn and many to learn from with more than 16000 employees around the world to explore ideas and ambitions with. Dive into varied flexible and stimulating environments. Meet empowered professionals to partner with befriend and stretch your skills alongside. Every day your energy your creativity and your determination will shape our future making a positive difference on billions of people. Every essence of you enriches our world. We are Givaudan. Human by nature.
Front Office and Market Risk Manager Treasury - Your future role
The Front office and Market risk manager is a position within Group Treasury. This position is responsible for the identification measurement and mitigation of all market risks. These risks include foreign exchange (FX) interest rate (IR) financing and M&A opportunities. The managers scope spans across the Groups global industrial operations. The role holder governs the hedging framework. The role holder structures the financing both short-term and long-term of the group. The role holder is also responsible for all ad-hoc activities related to M&A and special corporate transactions. Ensures compliance with IFRS 9 hedge accounting requirements and provides strategic risk advisory to the Head of Treasury and the CFO.
You will be based in Vernier and report to the Head of Treasury and Risk Management.
FX & Market Risk Management
Define and maintain the Group FX risk management policy including hedge ratios tenor limits and approved instrument types (forwards options cross-currency swaps)
Oversee the end-to-end hedging process: exposure identification strategy formulation execution and effectiveness monitoring
Manage transactional and translational FX exposures across all operating currencies with focus on high-volatility markets (e.g. Argentina Egypt Nigeria and other EM currencies)
Lead interest rate risk management including fixed/floating mix optimization and duration management of the debt portfolio
Manage the risk related to the LTIP program.
Organize all the special corporate transactions.
IFRS 9 Hedge Accounting & Compliance
Ensure all hedging relationships are documented and qualify for hedge accounting under IFRS 9
Advise on the classification of intercompany loans as quasi equity and the treatment of FX differences through OCI
Collaborate with Group Accounting to ensure correct P&L and balance sheet presentation of all derivative positions
Strategic Advisory & Reporting
Provide regular market risk reporting to the Group Treasurer CFO and scenario stress testing
Control the compliance with the policy of the annual hedging strategy aligned to the Groups Free Cash Flow (FCF) targets
Advise on FX possible effects of M&A activity capital structure decisions and intercompany funding arrangements
Governance & Infrastructure
Maintain the Treasury Management System (TMS) for trade capture valuation and risk reporting
Ensure compliance with counterparty credit limits ISDA/CSA agreements and EMIR/regulatory reporting obligations
Promote the digital transformation of market risk processes including automation of deal capture confirmation matching and MTM reconciliation
Team Leadership
Lead develop a team of 2 people in the front office
Foster a high-performance culture development plans and succession planning
Coordinate with regional treasury centres to ensure policy execution globally
University degree in Finance Economics or related discipline
At least 7 years of progressive experience in treasury market risk or financial risk management
Expertise in FX and interest rate risk management within a multinational industrial or manufacturing environment
Hands-on experience with Treasury Management Systems (SAP)
Experience managing hedging programs.
Strategic thinking with the ability to translate market views into applicable hedging strategies
Comfort with derivative structures
Stakeholder management
Commercial knowledge and understanding of how market risk impacts industrial P&L and cash flows
Compliance mindset
Our Benefits:
Competitive base salary and performance-based bonus
Global exposure in a industrial group with operations worldwide
Opportunity to shape the market risk and hedging strategy for a multi-billion-CHF organisation
Flexible working arrangements ( 1 day home office) and international career opportunities.
Comprehensive benefits including pension and health insurance contributions.
#LI-Hybrid
At Givaudan you contribute to delightful taste and scent experiences that touch peoples lives.
You work within an inspiring teamwork culture where you can thrive collaborate and learn from other talented and passionate people across disciplines regions and divisions.
Every essence of you enriches our world.
Givaudan is committed to equal opportunities. Therefore we welcome applications regardless of cultural and social background gender age religion or sexual identity.
We also have a safe working environment progressive working conditions and are certified as an equal pay employer.
Required Experience:
Manager
Givaudan captures the essence of the moment, bringing you memorable flavours and fragrances to be enjoyed throughout the day. We maintain our leadership position – approximately 25% of our industry’s global market share – by challenging ourselves daily, inspiring our partnerships acro ... View more