Manager, Financial Risk Management

Bristol Myers Squibb • Princeton, NJ

1d • Hybrid

About The Position

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. The Manager, Financial Risk Management role is positioned within Corporate Treasury and will report to the Director of Financial Risk Management. This role is responsible for the execution of the foreign exchange hedging programs, investing the BMS cash portfolio and supporting the pension and benefits plan. The Manager role will participate in various projects across the broader Treasury organization.

Requirements

• Minimum Requirements
• Minimum education of a bachelor's degree in finance, Business, or a related discipline.
• Minimum of four (4) years of finance experience in treasury, financial analysis, risk, audit, or accounting in a corporate setting.
• Strong analytical and technical skills along with a strategic perspective supporting financial activities with attention to detail.
• Proactive approach and ability to partner with internal and external stakeholders, including corporate accounting, technology, tax, banks, European Treasury Center, CFA, Atlas, and Quantum.

Responsibilities

• Lead Balance Sheet FX Hedging Program
• Aggregate and validate balance sheet FX exposure from ERP systems.
• Execute hedges on 360T and ensure appropriate legal entity allocation.
• Identify and analyze drivers of variance between actual P&L and forecast.
• Technology Partner with technology to ensure accurate and timely exposure dashboards
• Incorporate AI tools into processes to improve accuracy and efficiency
• Oversee daily management of investment portfolio
• Partner cross-functionally to ensure sufficient daily cash and liquidity.
• Manage portfolio based on daily cash position and market opportunities.
• Pensions and 401k Benefits
• Monitor and report on the performance of retirement plan investments.
• Assist with audits of pension and savings plans, and SOX control requirements.
• Support Financial Risk Management colleagues with interest rate hedging, cash flow FX hedging, commercial paper issuance, and net investment hedging.

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays Based on eligibility, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day. All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.
• Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager