Senior Director of Global Treasury

Labcorp • Durham, NC

14d • Hybrid

About The Position

Recognized as one of Forbes 2024 “America's Best Large Employers” and named to the Forbes 2024 "Best Employers for Diversity", Labcorp is seeking to hire a Senior Director of Global Treasury. As the Senior Director of Global Treasury, you will play a critical role in shaping and executing the company’s global financial strategy. This position partners closely with senior leadership to ensure liquidity, manage financial risk, and optimize capital structure across international markets. You will lead strategic initiatives involving foreign exchange (FX), hedging, cross-currency and interest rate swaps, debt financing, and other high-impact treasury operations. This is a high-visibility role that demands both technical expertise and visionary leadership. This is a hybrid position requiring three days per week onsite at a Labcorp location. The ideal candidate will reside in RTP, NC or surrounding area. Cash and Liquidity Management Oversee global cash flow operations, ensuring sufficient liquidity and optimal interest-bearing cash positioning. Lead short- and long-term global cash forecasting, integrating business insights and macroeconomic trends. Present strategic recommendations to the SVP – Treasurer and VP - Treasury on share repurchase planning/analysis, cash positioning, debt planning, and hedging strategies. Manage intercompany cash flows, including lending, dividends, and capital injections. Develop and deliver executive-level liquidity dashboards and performance metrics to drive cost optimization. Direct international cash concentration, wire transfers, and cross-border funding activities. Risk Management and Compliance Identify and mitigate global financial risks, including Fx, interest rate, and credit exposures. Lead oversight and strategy for foreign currency and interest rate risk management. Ensure compliance with international financial regulations, internal policies, and reporting standards. Design and implement hedging programs using derivatives such as cross-currency swaps and interest rate swaps. Partner with internal and external auditors to maintain robust controls and governance. Treasury Operations & Technology Work with Domestic Treasury leadership to adopt innovative banking technologies and digital solutions. Drive process improvements and integrate treasury systems across global functions. Champion automation and data-driven decision-making to enhance transparency and efficiency Leadership and Collaboration Partner cross-functionally with accounting, tax, legal, and corporate development teams on global initiatives. Cultivate and manage relationships with global banking partners and financial institutions. Mentor and develop treasury team members, fostering a culture of excellence, innovation, and continuous learning. Lead strategic projects that support global expansion, performance optimization, and financial innovation

Requirements

• Requires a B.A./B.S. with 10+ years of leadership or relevant experience
• Previous direct report management and development experience required
• Strong knowledge of global treasury operations, cash and liquidity management, risk management/compliance (Including FX), and capital strategy execution required

Nice To Haves

• Masters’ degree preferred
• Prior global treasury leadership experience strongly preferred
• Prior experience in developing strategy in treasury operations and challenging “status quo” strongly preferred
• prefer someone with ability to strategize -and also- work hand in hand with team and be a data driven decision maker

Responsibilities

• Oversee global cash flow operations, ensuring sufficient liquidity and optimal interest-bearing cash positioning.
• Lead short- and long-term global cash forecasting, integrating business insights and macroeconomic trends.
• Present strategic recommendations to the SVP – Treasurer and VP - Treasury on share repurchase planning/analysis, cash positioning, debt planning, and hedging strategies.
• Manage intercompany cash flows, including lending, dividends, and capital injections.
• Develop and deliver executive-level liquidity dashboards and performance metrics to drive cost optimization.
• Direct international cash concentration, wire transfers, and cross-border funding activities.
• Identify and mitigate global financial risks, including Fx, interest rate, and credit exposures.
• Lead oversight and strategy for foreign currency and interest rate risk management.
• Ensure compliance with international financial regulations, internal policies, and reporting standards.
• Design and implement hedging programs using derivatives such as cross-currency swaps and interest rate swaps.
• Partner with internal and external auditors to maintain robust controls and governance.
• Work with Domestic Treasury leadership to adopt innovative banking technologies and digital solutions.
• Drive process improvements and integrate treasury systems across global functions.
• Champion automation and data-driven decision-making to enhance transparency and efficiency
• Partner cross-functionally with accounting, tax, legal, and corporate development teams on global initiatives.
• Cultivate and manage relationships with global banking partners and financial institutions.
• Mentor and develop treasury team members, fostering a culture of excellence, innovation, and continuous learning.
• Lead strategic projects that support global expansion, performance optimization, and financial innovation

Benefits

• Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan.
• Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive