Senior Manager, Financial Risk Management

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

Working within Corporate Treasury and reporting to the Director of Financial Risk Management, the Senior Manager, Financial Risk Management is responsible for the strategy and execution of the foreign exchange and interest rate hedging programs and will participate in various projects across the broader Treasury organization.

Major Responsibilities and Accountabilities:

Manage strategy for investing cash portfolio

• Thorough understanding of investment and financial risk management policies.

• Collaborate with cash management to ensure daily cash sufficiency.

• Issue commercial paper as necessary to support the cash position.

• Maintain and update counterparty exposure dashboard.

Recommend FX hedging strategies and execute trades on the 360T trading platform

• Evaluate the effectiveness of FX hedging programs.

• Aggregate and validate balance sheet FX exposure from SAP

• Identify monthly P&L drivers.

• Oversee and execute net investment and interest rate swap hedging strategies:

  • Monitor net asset capacity and implement net investment hedges.

  • Analyze yield curves and interest rate derivative maturity profile to make trade recommendations.

  • Provide periodic updates on hedge impacts to the company’s P&L.

• Ensure adherence to Dodd-Frank and other regulatory requirements.

• Partner with technology teams for improvements and implementations.

Qualifications

Minimum Requirements

• Minimum education of a bachelor's degree in Finance, Business, or a related discipline is required.

• Minimum of five (5) years of finance experience in treasury, financial analysis, audit or accounting in a corporate setting.

• Strong analytical and technical skills.

• Ability to work cross functionally with a strategic perspective and attention to detail skills.

• Proactive approach and ability to partner with internal and external stakeholders, including corporate accounting, technology, tax, banks, European Treasury Center, CFP&A, Atlas FX, and Quantum.

Preferred Qualifications

• MBA and/or Chartered Financial Analyst (CFA) preferred.

The starting compensation for this job in New Jersey is a range in from $116,880.00 - $141,600.00, plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience.

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit Life At BMS - BMS Careers.

Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Chr