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.

Success Profile

• Adaptable
• Analytical
• Detail-oriented
• Easygoing
• Results-driven
• Team player

Responsibilities

You will play a key role within Baxter’s Treasury organization as part of the Capital Markets team. You will lead the company’s global FX risk management activities, including exposure forecasting, hedging strategies, policy development, and analytics. You will monitor global currency markets and macroeconomic trends to support strategic and tactical decision-making. You will partner with Finance, FP&A, Accounting, and business units to identify, assess, and mitigate FX risks across the enterprise. You will oversee FX trading execution in alignment with approved policies, controls, and risk limits, including governance of the centralized derivatives portfolio. You will manage the relationship with Chatham Financial, supporting FX execution and hedge accounting activities. You will maintain relationships with global banking partners and external FX service providers to support pricing, execution, and market access. You will prepare and deliver FX and market risk reporting for senior leadership and key stakeholders. You will 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.
• Ability to communicate complex financial concepts clearly to both technical and non-technical audiences.
• Demonstrated ability to drive automation, process improvement, and data integration within treasury workflows.

Qualifications

• Ability to operate effectively in a complex, multinational environment with cross-functional stakeholders.
• Experience supporting compliance requirements such as Dodd-Frank, SOX, or EMIR.
• Ability to communicate complex financial concepts clearly to both technical and non-technical audiences.
• Demonstrated ability to drive automation, process improvement, and data integration within treasury workflows.

Skills

• Financial modeling
• Data analysis
• ERP systems
• Treasury management systems
• Communication skills
• Automation and process improvement

Benefits

• Paid Time Off
• 2 Days a Year to Volunteer
• Support for Parents
• Continuing Education/Professional Development
• Employee Health & Well-Being 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 the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on location, skills and expertise, experience, and other relevant factors. This position is also eligible for discretionary bonuses.

Schedule

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