Manager, Liquidity

Known for its scientific and operational excellence, Regeneron is a leading science-based biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions. Regeneron commercializes medicines for eye diseases, high LDL-cholesterol, atopic dermatitis and a rare inflammatory condition and has product candidates in development in other areas of high unmet medical need, including rheumatoid arthritis, asthma, pain, cancer and infectious diseases.

Assist the Director, Liquidity in managing and planning the liquidity of the Company. This includes the day-to-day management of the strategic investment portfolio, internal investments portfolio, and evaluation of liquidity tools such as credit facilities. This position will also manage the cash forecasting process from both a short-term and long-term perspective. In addition, the position will assist in the analysis of capital allocation and risk management strategies. This may include analyzing transactions such as debt issuances, foreign exchange hedging, dividends or share buybacks.

Responsibilities:

• Manage the weekly Treasury cash forecast process which includes cash flow projections and interest income/expense

• Develop and maintain the medium- to long-term liquidity and economic view forecasts, by legal entity and currency, as appropriate

• Manage the Company's strategic investment portfolio, including preparation of both monthly performance analytics and quarterly investment committee material. Keep abreast of market and portfolio developments. Key day-to-day contact for investment managers, custodian and reporting vendor. Lead the quarterly investment committee meeting

• Manage the Company's internal investments portfolio, responsible for electronic trading and tracking of commercial paper and U.S. Treasuries

• Support the management of the Company's share repurchase program, tracking of repurchase activity by the broker(s) and conducting scenario analyses as needed

• Manage the quarterly compliance process for financial and non-financial covenants related to syndicated external credit facility, syndicated lease financing facility and/or public debt and research covenant impact on these agreements related to any contemplated business changes

• Manage Company's hedging programs, including ongoing monitoring, reporting and transaction settlement and implement any future hedging programs (inclusive of foreign exchange hedging programs)

• Maintain intercompany lending/borrowing process and provide required reporting to Accounting

• Assist in preparation of analysis of capital structure and capital allocation, as needed

• Develop presentations to ratings agencies and other internal and external constituents

Requirements:

• Excellent interpersonal, communication and written skills

• Demonstrates ability to think creatively and independently and proactively propose solutions. Strong organizational abilities with an attention to detail

• Strong Microsoft Excel and modeling skills

• In-depth and broad knowledge around treasury concepts, including debt and investments, capital markets and capital allocation (e.g., share buyback)

• MBA and 2-3 years biopharmaceutical industry experience preferred

• Bloomberg, Reuters and Hyperion knowledge a plus.

• Five or more years of capital markets or finance experience either in the Treasury group of an international company or investment bank.

This is an opportunity to join our select team that is already leading the way in the Pharmaceutical/Biotech industry. Apply today and learn more about Regeneron's unwavering commitment to combining good science & good business.

To all agencies: Please, no phone calls or emails to any employee of Regeneron about this opening. All resumes submitted by search firms/employment agencies to any employee at Regeneron via-email, the internet or in any form and/or method will be deemed the sole property of Regeneron, unless such search firms/employment agencies were engaged by Regeneron for this position and a valid agreement with Regeneron is in place. In the event a candidate who was submitted outside of the Regeneron agency engagement process is hired, no fee or payment of any kind will be paid.

Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.