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Treasury Manager, FX and Risk

MedStar Health - San Rafael, CA

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Job Description

Who We AreBioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best - people with the right technical expertise and a relentless drive to solve real problems - and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.About Corporate GroupsIt takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.Treasury Team and Position SummaryVision: Be a strategic and scalable best in class Treasury Organization focused on risk management and value creation.Mission: Act as BioMarin's trusted financial steward by providing meaningful advice and risk mitigation strategies in support of the development and distribution of patient therapies worldwide.Reporting to the Treasury Director, the Treasury Manager will be primarily accountable for the Global Foreign Exchange Balance Sheeting program, including researching, forecasting and reporting. This role requires someone with multi-national corporate treasury experience who is highly technical, hands-on, detail-oriented, with strong organizational and communication skills. This role is based in San Rafael, with opportunities to support and develop in the Insurance and Risk function.Essential Foreign Exchange Functions:Own company's FX balance sheet hedging model and recommendationsRecommend and assist in the execution of daily/monthly FX trading activity including NDFs, forwards, spots, and swapsAssist with evaluation, recommendation, and implementation of FX strategiesMonitor trading activity and hedge positions to support hedge effectiveness calculations and ensure compliance with hedge accounting and tax requirementsOwn FX rate file analysis to support salesAssist with ad-hoc FX analysis and requests for sales executivesPerform FX related SOX and internal controlsMaintain FX systems, contracts, and bank relationshipsCreate FX reporting package for CAO and coordinate with accounting on FX resultsDevelop financial models supporting strategic initiativesReview best practices and hedging strategies with peers and advisorsAdditional ResponsibilitiesSupport Property and Casualty insurance, COIs, and other Risk activitiesStandby Letter of Credit administrationAssist in bank portal security administrationRequired Skills and Experience:Bachelor's Degree in Finance, Economics, or related business disciplineStrong understanding of treasury operations and banking practicesExperience using treasury workstations (FIS Integrity, Kyriba), risk management systems (FXall, Eikon, Bloomberg, 360T), and bank systems (CitiDirect, BOA CashPro, WF CEO)Experience managing multiple projects simultaneouslyTeam-oriented with excellent communication and organizational skillsStrong work ethic, attention to detail, ability to work independently and in a team5+ years of experience in multi-national Corporate TreasurySalary range: $117,100 to $161,040. Compensation varies based on experience, qualifications, and location. Benefits include medical, dental, vision, life insurance, bonus, stock incentives, paid time off, and more. For details, visit: #J-18808-Ljbffr

Created: 2025-09-17

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