VP, Global Treasurer & Credit Risk Officer
Kraken$235,000 - $387,200/year
Full Time
Expert & Leadership (9+ years)
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
BiotechnologyIndustries
Requirements
- Bachelor's degree in Finance, Accounting, or related field; MBA or CFA preferred
- 10+ years of progressive treasury experience, including leadership roles in a public company
- Ability to work independently and collaboratively, as required, in a fast-paced, matrixed, team environment consisting of internal and external team members across different time zones
- Excellent analytical, communication, and leadership skills
- Strength in communicating and working independently and effectively with broad stakeholders
- Process-oriented with strong analytical skills for risk identification and management
- Adept in Excel
- Strong knowledge of global cash management, capital markets, and treasury systems
- Experience in biotech, pharma, or high-growth industries is a plus
Responsibilities
- Overseeing and managing global Treasury activities
- Maintaining US, EU, and China banking relationships, including meeting with them at least once annually; ensuring the number of banking institutions utilized are adequate based upon risk and business requirements and not excessive; managing the overall banking fees
- Implementing and maintaining cash forecast model for operating entities and managing the investment strategy to maximize interest in risk-averse investments, along with maintaining the principle in secured banks and investments
- Overseeing cash & liquidity management; developing and executing treasury strategies aligned with corporate objectives
- Identifying, assisting in preparation, and maintaining the capital infusion and intercompany loans documentation required to fund the different operating entities; working closely with in-house and external Legal counsel and Treasury in China (Legend Ireland will serve as the Treasury center)
- Analyzing and determining when hedging will be required as Legend’s investment in EU operations grows, and implementing a process to hedge once required
- Managing the global credit card program
- Authorizing contract spend and signing statement of work based upon functional leaders’ approval as well as guidance from the legal entity Board; supporting US legal entity board meetings
- Providing ad hoc analysis as required
- Accountable for FP&A BCMA and Legend Business Units in US and EU
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
Is this role remote or based in a specific location?
The role is based in Somerset, NJ, as part of the Finance team.
What are the key responsibilities of the Sr. Director, Treasury role?
Key responsibilities include overseeing global Treasury activities, maintaining banking relationships in US, EU, and China, managing cash forecasting and liquidity, handling capital infusions and intercompany loans, analyzing hedging needs, managing the credit card program, and authorizing contract spend.
What skills or experience are needed for this position?
The role requires expertise in global treasury management, cash forecasting and liquidity management, banking relationship management across regions, hedging analysis, capital infusion and intercompany loan documentation, and working with legal counsel.
What is the salary or compensation for this role?
This information is not specified in the job description.
What makes a strong candidate for the Sr. Director, Treasury position?
A strong candidate will have extensive experience in global treasury operations, strategic cash and liquidity management, cross-regional banking relationships, and collaboration with legal teams on funding structures, with the ability to develop hedging strategies and manage credit programs.
Legend Biotech
Develops and commercializes cell therapies
About Legend Biotech
Legend Biotech develops and commercializes cell therapies aimed at treating serious diseases, particularly cancers like hematological malignancies and solid tumors. Their approach is technology agnostic, allowing them to explore various methods to find effective treatments. The company operates in the personalized medicine sector, focusing on discovering, developing, and bringing new therapies to market. They generate revenue through licensing and selling their therapies, including CAR-T therapies, which involve modifying a patient's cells to combat cancer. Legend Biotech emphasizes transparency with investors, regularly updating them on financial results and business developments.
Franklin Township, New JerseyHeadquarters
2014Year Founded
$146.4MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
1,001-5,000Employees