Manager, Capital Markets and FX at 3M Healthcare US Opco LLC

Posted in General Business 14 days ago.

Type: Full-Time
Location: Maplewood, Minnesota





Job Description:

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Manager, Capital Markets and FX

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You'll Make in this Role
As Manager, Capital Markets and FX, you will support the company's capital raising initiatives, execute financing transactions, and assist on all risk management strategies (i.e. FX and interest rates). You will support the Assistant Treasurer, Treasurer, and other finance executives to develop and implement capital structure plans as well as necessary financial risk mitigation strategies that align with the company's financial goals and risk appetite.

The successful candidate will manage global investment vehicles, assist with funding / debt issuance activity, execute on the corporate share repurchase program, manage financial risks (FX and rates) and support liquidity needs for Solventum globally. You will collaborate with the relevant teams in Treasury, Finance, Accounting, Tax, and Legal to actively manage FX exposures, global investments, related funding and liquidity functions.

At Solventum, you have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact through:


  • Developing sophisticated financial models to evaluate capital structure scenarios, cost of capital, and financial impact of various financing strategies.

  • Leveraging modeling to assess risk and return profiles of debt and equity transactions, aiding data-driven decision-making.

  • Supporting key debt capital markets activities:

  • Analysis of capital markets and liquidity management across the global enterprise

  • Planning and executing capital raising activities, including debt issuances, equity offerings, and other financing arrangements.

  • Evaluation of financing options and structures to optimize funding costs and manage capital requirements.

  • Assist and execute key risk management activities:

  • Identifying, analyzing, and assessing financial risks/exposures (i.e. FX and rates).

  • Execute hedging strategies including derivatives (e.g. forwards, options, swaps, etc.).

  • Maintaining financial risk management policies, procedures, and guidelines; ensure compliance with applicable regulations, reporting requirements, and disclosure standards.

  • Lead execution of Solventum's commercial paper program.

  • Maintain SOX and internal policies compliance.

  • Lead and maintain the global bank guarantee programs.

  • Support on various activities including dividend policy, share repurchases, liquidity management, credit facilities, liability management, and debt maturities.

Your Skills and Expertise
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:


  • Bachelor's degree in Finance, Economics, or a related field or higher (completed and verified prior to start) from an accredited institution.

  • Seven (7) years of experience working in corporate environment and/or financial services, including significant exposure to capital markets in a private, public, government or military environment.

Additional qualifications that could help you succeed even further in this role include:


  • Advanced education or certification such as MBA, CTP, or CFA

  • Strong analytical and modeling skills and the ability to make data-driven financial decisions

  • In-depth knowledge of global financial markets, foreign exchange products, capital instruments, debt/equity financing mechanisms, and risk management strategies.

  • Role requires strong skills in Bloomberg

  • Preferred Treasury Management System experience (i.e. Kyriba)

  • Experience engaging with external parties, including Investment Banks

  • Self-starter with ability to drive change

  • Excellent communication and presentation skills, with the ability to interact with senior executives and external stakeholders

  • Strong organizational and prioritization skills

Work location: This position is authorized to work remotely.

Travel: May include up to 20% domestic/international.

Relocation Assistance: Not authorized.

Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Applicable to US Applicants Only:The expected compensation range for this position is $160,284 - $195,903, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate's relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

Solventum Global Terms of Use and Privacy Statement

Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.

Please access the linked document by clicking here , select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
terms.





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