Jan 31, 2023

Job Description

2023 will see Sandoz become a standalone organization! As a global market leader in Generics and Biosimilar medicine, Sandoz is stepping forward from a position of strength! Those joining Sandoz in the coming months will help shape the future of the company, its growth, innovation, culture and how Sandoz impacts the lives of millions. These will be careers with genuine impact! This is one such role!

Are you ready to make a difference?

In the role of Director, Global Credit Management you will be a Senior Business Partner and Subject Matter Expert for all Credit Risk Management activities in the Sandoz Group. Key focus includes running regular risk assessments for Sandoz countries/regions, which involves assessing, identifying, defining, and estimating the commercial credit risks affecting the business and proposing risk mitigation tools, as well as monitoring & overseeing the commercial exposure. You will act as a business partner and support for the countries/regions.

Your key responsibilities:
• Running regular risk assessments, which includes analysing, identifying, defining, and appraising the commercial credit risks affecting the business.
• Supporting the search for innovative risk mitigation instruments (e.g. factoring, insurance, guarantees, etc.) and propose implementation.
• Updating Sandoz’ Senior Management periodically or upon request on the evolution of consolidated trade receivables and risk mitigation in selected countries, or for selected customers; preparing management reports.
• Tracking political & macro-economic risks and exposures against country credit limits and assist Country CFOs to avoid breaches.
• Creating global guidelines, training and coaching the finance community across Sandoz (Country CFOs, Regional CFOs, BPAs, FRA teams) in the areas of credit risk management, trade risk mitigation and reporting of trade receivables.
• Tracking and analysing Sandoz consolidated trade receivables risk and customer exposure in alignment with Group FRA and Management Reporting principles.
• Preparing trade risk reports and inputs for the annual report; aligning with internal/external auditors.
• Leading the activities related to the credit risk insurance and factoring programs, including analysis, supervision and reporting.

Diversity & Inclusion / EEO

Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Minimum Requirements

What you’ll bring to the role:
• Minimum BA (or higher degree) in Business or Finance.
• Additional qualification in credit management highly desired.
• Minimum 10 years’ experience in credit risk management, credit insurance and factoring in a multinational company (Healthcare, Banking, Insurance, Audit).Solid understanding of accounting principles and current IFRS.
• Experience in managing and communicating with Senior Management.
• Proficient in English oral & writing; German and Slovene is a plus.


Possible job locations: Slovenia

We offer permanent employment, with a 6 months probation period.

You are kindly invited to submit your application via our website by 22nd of February 2023.

Why Sandoz?
500 million patients were touched by Sandoz generic and biosimilar medicines in 2021 and while we’re proud of this, we know there is more we could do to continue to help pioneer access to medicines for people around the world.

How will we do this? We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.

We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!

Imagine what you could achieve here at Sandoz!
Audit & Finance
Full Time
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Director, Global Credit Management (m/f/d)

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