Manager, Treasury – Foreign Exchange

About the role

This is where your work makes a difference. At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond. Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results. Here, you will find more than just a job—you will find purpose and pride.

Responsibilities

• Lead global FX risk management activities, including exposure forecasting, hedging strategies, policy development, and analytics.
• Monitor global currency markets and macroeconomic trends to support strategic and tactical decision-making.
• Partner with Finance, FP&A, Accounting, and business units to identify, assess, and mitigate FX risks across the enterprise.
• Oversee FX trading execution in alignment with approved policies, controls, and risk limits, including governance of the centralized derivatives portfolio.
• Manage the relationship with Chatham Financial, supporting FX execution and hedge accounting activities.
• Maintain relationships with global banking partners and external FX service providers to support pricing, execution, and market access.
• Prepare and deliver FX and market risk reporting for senior leadership and key stakeholders.
• Drive process improvements and automation across FX analytics, reporting, and execution workflows.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field preferred; CFA preferred.
• Minimum of 5 years of experience in corporate treasury, foreign exchange, capital markets, or a related discipline preferred.
• Strong financial modeling and analytical skills with experience using ERP systems, treasury management systems, and data tools such as Cognos, Power BI, Excel, or SQL.
• Ability to operate effectively in a complex, multinational environment with cross-functional stakeholders.
• Experience supporting compliance requirements such as Dodd-Frank, SOX, or EMIR.
• Demonstrated ability to drive automation, process improvement, and data integration within treasury workflows.

Qualifications

• Ability to communicate complex financial concepts clearly to both technical and non-technical audiences.

Skills

• Strong analytical and financial modeling skills.
• Effective communication and collaboration abilities.
• Experience with ERP systems, treasury management systems, and data tools.
• Knowledge of regulatory frameworks such as Dodd-Frank, SOX, or EMIR.

Benefits

• Comprehensive health and well-being benefits including medical and dental coverage.
• Financial and retirement benefits including the Employee Stock Purchase Plan (ESPP) and the 401(k) Retirement Savings Plan (RSP).
• Flexible spending accounts, educational assistance programs, and time-off benefits.
• Additional benefits such as commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits.

Pay

The estimated base salary for this position is $112,000 - $154,000. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors.

Schedule

This position is based in Deerfield, IL with a hybrid schedule.