Hybrid Front Office and Market Risk Manager – Treasury

at Givaudan

• Job title: Front Office and Market Risk Manager – Treasury
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Vernier, Switzerland

About the role

• Front Office and Market Risk Manager at Givaudan overseeing FX and interest rate risks. Leading risk management and strategic advisory for a multi-billion-CHF organisation based in Vernier, Switzerland.

Responsibilities

• Define and maintain the Group FX risk management policy, including hedge ratios, tenor limits, and approved instrument types (forwards, options, cross-currency swaps)
• Oversee the end-to-end hedging process: exposure identification, strategy formulation, execution, and effectiveness monitoring
• Manage transactional and translational FX exposures across all operating currencies, with focus on high-volatility markets (e.g., Argentina, Egypt, Nigeria, and other EM currencies)
• Lead interest rate risk management, including fixed/floating mix optimization and duration management of the debt portfolio
• Manage the risk related to the LTIP program
• Organize all the special corporate transactions.
• Ensure all hedging relationships are documented and qualify for hedge accounting under IFRS 9
• Advise on the classification of intercompany loans as quasi equity and the treatment of FX differences through OCI
• Collaborate with Group Accounting to ensure correct P&L and balance sheet presentation of all derivative positions
• Provide regular market risk reporting to the Group Treasurer, CFO, and scenario stress testing
• Control the compliance with the policy of the annual hedging strategy aligned to the Group's Free Cash Flow (FCF) targets
• Advise on FX possible effects of M&A activity, capital structure decisions, and intercompany funding arrangements
• Maintain the Treasury Management System (TMS) for trade capture, valuation, and risk reporting
• Ensure compliance with counterparty credit limits, ISDA/CSA agreements, and EMIR/regulatory reporting obligations
• Promote the digital transformation of market risk processes, including automation of deal capture, confirmation matching, and MTM reconciliation
• Lead, develop a team of 2 people in the front office
• Foster a high-performance culture, development plans, and succession planning
• Coordinate with regional treasury centres to ensure policy execution globally

Requirements

• University degree in Finance, Economics, or related discipline
• At least 7 years of progressive experience in treasury, market risk, or financial risk management
• Expertise in FX and interest rate risk management within a multinational industrial or manufacturing environment
• Hands-on experience with Treasury Management Systems (SAP)
• Experience managing hedging programs
• Strategic thinking with the ability to translate market views into applicable hedging strategies
• Comfort with derivative structures
• Stakeholder management
• Commercial knowledge and understanding of how market risk impacts industrial P&L and cash flows
• Compliance mindset.

Benefits

• Competitive base salary and performance-based bonus
• Global exposure in a industrial group with operations worldwide
• Opportunity to shape the market risk and hedging strategy for a multi-billion-CHF organisation
• Flexible working arrangements ( 1 day home office) and international career opportunities.
• Comprehensive benefits, including pension and health insurance contributions.