Amgen Treasury Senior Manager in Tampa, Florida
Amgen is searching for a Treasury Senior Manager. The Treasury Senior Manager will be focused on hedging Amgen's foreign currency and interest rate risks. This individual contributor role is responsible for hedging Amgen's foreign currency balance sheet and P&L exposures and managing Amgen's fixed and floating interest rate exposure. The Treasury Senior Manager will report to the Treasury Director, and will be located in Amgen's new capability center in Tampa, FL.
At Amgen, our mission is simple: to serve patients. Our new Tampa Capability Center provides essential services that enable us to better pursue this mission. This state-of-the art center serves as a base for finance, information systems, and human resources professionals to make a meaningful impact at one of the world's leading biotechnology companies.
Our objective in managing our exposures to foreign currency exchange rate fluctuations is to reduce the impact of adverse currency fluctuations on earnings and cash flows. Accordingly, we utilize foreign currency option contracts and forward contracts to hedge our exposure in several currencies. To manage our interest rate risks, we utilize interest rate swaps, cross-currency swaps, treasury locks and forward starting swaps.
Responsibilities include, but are not limited to:
Supervise all aspects of Amgen's foreign currency risk management program
Apply fundamental and technical analysis to create monthly FX trade strategies
Tightly manage P&L exposure forecasts; regularly communicate with FP&A to improve forecast accuracy
Collaborate with other groups (FP&A, GSS, etc.) to proactively identify new foreign currency risks
Make recommendations to senior management on interest rate swaps and other rate derivatives
Own standard reporting requirements for FX and interest rate swaps - LE, Close, Earnings, 10Q/10K, etc.
Address quality issues and build strong relationships with external banks
Monitor Amgen's exposure to financial counterparties and assist in developing models and strategies to mitigate the Company's risk to those counterparties
Understand appropriate Tax, Legal and Accounting positions on both project and process work
Engineer improvements to current policies, procedures and processes
Drive process efficiencies through recommending and testing new system functionality
System owner of both FxAll and Misys. Also, lead all FX and interest rate swap-related issues related to Quantum and Bloomberg
Conduct benchmark studies of peers to evaluate common and best Treasury practices
Ensure hedges are in compliance with our Financial Risk Management Policy
Maintain a control system to ensure compliance documents are kept fully up to date, properly recorded and filed
Perform advanced financial modeling
Develop standard operating procedures
Doctorate degree & 2 years of Finance experience
Master's degree & 4 years of Finance experience
Bachelor's degree & 6 years of Finance experience
Associate's degree & 10 years of Finance experience
High school diploma / GED & 12 years of Finance experience
Previous hedging experience
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
The invaluable contributions of our talented Tampa team will help us develop the vital and innovative medicines that treat serious illness and unmet medical needs around the globe.
Amgen is an Equal Opportunity employer and will consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.