Head of Treasury Risk Control

Basel, Switzerland

Today Lonza is a global leader in life sciences. We are more than 15,000 employees in more than 100 locations around the world. While we work in science, there’s no magic formula to how we do it. Our greatest scientific solution is talented people working together, devising ideas that help businesses to help people. In exchange, we let our people own their careers. Their ideas, big and small, genuinely improve the world. And that’s the kind of work we want to be part of.

We have a newly created position at Lonza Treasury responsible to create transparency and control financial risks in Lonza. These risks include counterparty risk, FX and commodity risks, liquidity and funding risks, interest rate risks and operational risks. The control responsibility ranges from the risk identification and definition to the establishment of precise risk metrics, periodic risk reporting (daily, weekly, monthly), limit monitoring and escalation to Group Treasurer and CFO. In addition, the role is responsible to ensure Treasury Governance and Internal Control principles are adhered to in Treasury.

Key responsibilities:

  • Identify and define financial risks and establish meaningful risk metrics
  • Support Global Treasury and CFO in proposing/confirming financial risk appetite with the Board of Directors
  • Control Front office activities including deal and settlement approval
  • Produce financial risk dashboard
  • Control and Monitoring of Net Financing Costs (support Budgeting Process)
  • Prepare monthly Asset and Liability Committee
  • Manage functional responsibility for the treasury system
  • Ensure regulatory compliance globally (Financial, Sanctions etc.)
  • Responsible for the definition and readiness of Treasury Business Continuity Planning
  • Ensure Internal Control principles are adhered to (e.g. SoD)
  • Owner of treasury policies and ensure adherence across the group
  • Conducts and leads projects (e.g. system upgrades, exposure definition)
  • Manages a small team and relations with system providers and interacts with banks
  • Guides local treasury staff in legal entities

Key requirements:

  • Bachelor or Master's Degree in Finance, Economics. CFA (Chartered Financial Analyst) or similar desirable
  • Significant experience gained in corporate treasury
  • Solid knowledge of Capital Markets with special focus on FX, interest rates and commodities
  • Excellent understanding of financial products including Forwards, Swaps, and Options as well as  market standards and front office processes
  • Basic understanding of hedge accounting and how financial derivatives impact financial statements
  • ERP systems knowledge (SAP working experience)
  • Excellent communication skills being able to express complex messages across level of business
  • Solid knowledge of Financial Markets compliance and regulatory matters
  • Strong Microsoft Office skills & Power BI, familiarity with Treasury Management Systems and bank portal systems

People come to Lonza for the challenge and creativity of solving complex problems and developing new ideas in life sciences. In return, we offer the satisfaction that comes with improving lives all around the world. The satisfaction that comes with making a meaningful difference.

Reference: R19716