Manager, Treasury – Foreign Exchange

Manager, Treasury – Foreign Exchange

Location:

Deerfield, IL (hybrid schedule)

Reports to:

Director of Capital Markets

• 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.
• Contribute to broader treasury initiatives such as liquidity forecasting, market analytics, transaction management, intercompany and third‑party exposure management, settlements, valuation, compliance, and financial partner engagement.

• Bachelor’s degree in Finance, Accounting, or related field preferred; CFA preferred.
• Minimum of 5 years of experience in corporate treasury, foreign exchange, capital markets, or a related discipline.
• 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.

Estimated base salary range: $112,000 - $154,000, with eligibility for discretionary bonuses.

Benefits include medical and dental coverage beginning day one; life, accident, short‑term and long‑term disability insurance; business travel accident insurance;
Employee Stock Purchase Plan (ESPP); 401(k) Retirement Savings Plan (RSP) with company matching;
Flexible Spending Accounts; educational assistance; paid holidays and paid time off ranging from 20 to 35 days based on length of service; family and medical leave; paid parental leave; commuting benefits;
Employee Discount Program;
Employee Assistance Program (EAP); and childcare benefits.

Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.