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Sr. Director, Treasury

Somerset, New Jersey, United States

Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases. Headquartered in Somerset, New Jersey, we are developing advanced cell therapies across a diverse array of technology platforms, including autologous and allogenic chimeric antigen receptor T-cell, T-cell receptor (TCR-T), and natural killer (NK) cell-based immunotherapy. From our three R&D sites around the world, we apply these innovative technologies to pursue the discovery of safe, efficacious and cutting-edge therapeutics for patients worldwide.  

Legend Biotech entered into a global collaboration agreement with Janssen, one of the pharmaceutical companies of Johnson & Johnson, to jointly develop and commercialize ciltacabtagene autolecuel (cilta-cel). Our strategic partnership is designed to combine the strengths and expertise of both companies to advance the promise of an immunotherapy in the treatment of multiple myeloma.

 

Legend Biotech is seeking Sr. Director, Treasury as part of the Finance team based in Somerset, NJ. 

Role Overview

 Key responsibilities will be overseeing and managing global Treasury activities for Legend Biotech, supporting US legal entity board meeting and authorizing contract spend in the US.

Key Responsibilities  

  • Responsible for maintaining US, EU, and China banking relationships, including meeting with them at least once annually. Additionally, ensure the number of banking institutions utilized are adequate based upon risk and business requirements and not excessive, manage the overall banking fees.
  • Accountable for the global Treasury function which includes implementing and maintaining cash forecast model for operating entities and then managing the investment strategy to maximize interest in risk-averse investments, along with maintaining the principle in secured banks and investments.
  • Oversees cash & liquidity management, develop and execute treasury strategies aligned with corporate objectives.
  • Responsible for identifying, assisting in preparation and maintaining the capital infusion and intercompany loans documentation required to fund the different operating entities. This will require working closely with in-house and external Legal counsel and Treasury in China. Legend Ireland will serve as the Treasury center to the operating entities and will receive capital infusions from the parent company to fund the entities.
  • Analyze and determine when hedging will be required as Legend’s investment in our EU operations grows over the next several years, and then implementing a process to hedge once it is required.
  • Accountable for managing the global credit card program.
  • Delegated responsibility for authorizing contract spend and signing statement of work based upon functional leaders’ approval as well as guidance from the legal entity Board.
  • Provide ad hoc analysis as required.
  • Responsible for overseeing and managing global Treasury activities
  • Responsible for authorizing contract spend in the US
  • Accountable for FP&A BCMA and Legend Business Units in US and EU

Requirements

  • Bachelor's degree in Finance, Accounting, or related field; MBA or CFA preferred.
  • 10+ years of progressive treasury experience, including leadership roles in a public company
  • Ability to work independently and collaboratively, as required, in a fast-paced, matrixed, team environment consisting of internal and external team members across different time zones.
  • Excellent analytical, communication, and leadership skills.
  • Strength in communicating and working independently and effectively with broad stakeholders.
  • Process-oriented with strong analytical skills for risk identification and management.
  • Adept in Excel
  • Strong knowledge of global cash management, capital markets, and treasury systems.
  • Experience in biotech, pharma, or high-growth industries is a plus. 

#Li-LB1

#Li-Hybrid

The anticipated base pay range is:

$187,989 - $246,735 USD

Benefits:

We are committed to creating a workplace where employees can thrive - both professionally and personally. To attract and retain top talent in a highly competitive industry, we offer a best-in-class benefits package that supports well-being, financial stability, and long-term career growth. Our offerings are designed to meet the diverse needs of our team members and their families, ensuring they feel valued and supported every step of the way. Highlights include medical, dental, and vision insurance as well as a 401(k)-retirement plan with company match that vest fully on day one. Equity and stock options are available to employees in eligible roles, we offer eight weeks of paid parental leave after just three months of employment, and a paid time off policy that includes 15 vacation days, 5 personal days, 5 sick days, 11 U.S. national holidays, and 3 floating holidays. Additional benefits include flexible spending and health savings accounts, life and AD&D insurance, short- and long-term disability coverage, legal assistance, and supplemental plans such as pet, critical illness, accident, and hospital indemnity insurance. We also provide commuter benefits, family planning and care resources, well-being initiatives, and peer-to-peer recognition programs - demonstrating our ongoing commitment to building a culture where our people feel empowered, supported, and inspired to do their best work.

EEO Statement

Legend Biotech is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Legend’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by applicable law.

Employment is at-will and may be terminated at any time with or without cause or notice by the employee or the company. Legend may adjust base salary or other discretionary compensation at any time based on individual, team, performance, or market conditions.

Legend Biotech maintains a drug-free workplace.

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  4. Remedies for Breach. I acknowledge that in the event of any breach of this Agreement, the Company will not have an adequate remedy in money or damages, and therefore the Company shall be entitled to obtain temporary, preliminary and/or permanent injunctive relief to redress any such breach, from any court of competent jurisdiction, and that the Company’s right to obtain such relief shall not limit its right to obtain other available remedies.
  5. General. The interpretation and enforcement of this Agreement shall be governed by the laws of the State of California.  This Agreement constitutes the entire agreement between the parties concerning the subject matters hereof; it supersedes any and all prior agreements or representations, written or oral, with respect to its subject matters; and it cannot be modified except in a written agreement signed by the Company.

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