Market Operations Compliance & Control Analyst

• Location: Bruxelles, Belgium
• Job type: Permanent, Full time
• Hybrid working model
• >20% of travel within Europe

At Sanofi we chase the miracles of science to improve people’s lives. We are dedicated to making a positive impact on the lives of the patients and families we serve, and we accomplish our goals through world-class research and with the compassion and commitment of our employees.

As we continue to transform the practice of medicine, the next chapter of Sanofi’s Play to Win strategy will require a focus on delivering transformation and simplification of our core processes, optimizing resource allocation and deployment to fuel business growth and investment in science.

• Daily control of the exhaustiveness, accuracy and conformity of the Treasury Transactions initiated by Capital Market/Front Office team (MMF, short term deposits, certificates of deposit, repo’s, bonds, Euro & US commercial papers, FX spots, forwards, swaps on about 40 currencies, interest, and cross currency swaps, NDF’s, …) as well as of the Treasury Transactions with Internal Counterparts by ensuring:
  • Reciprocity with Counterparts (in line with different contracts ISDA, authorizations, …)
  • Internal validations and adherence to Sox control framework, Sanofi policies and guidelines
• Daily management and monitoring of financial instruments related settlements according to banks standing settlement instructions and cut-off times as well as monthly closing timelines
• Effective follow-up of litigations with banking relationships
• Daily reporting and control of the counterparty / financial instruments exposures and monitoring of such exposures vs. defined limits
• Monthly reporting on treasury activities and Ad Hoc reporting
• Set-up and maintenance within treasury management system of Treasury Counterparts; including set-up of standing settlements instructions to ensure correct recording and settlement of financial transactions
• Development and maintenance of treasury policies, processes, procedures, systems, and control environment in line with best practice
• Manage the Market Operations Compliance & Control internal / external audit processes and engagement with auditors
• Working collaboratively with other Treasury departments, acting as an escalation point for unresolved issues, provide specialist financial support

• Assuming responsibility of Market Operations Compliance & Control business continuity plan
• ongoing monitoring (with the support of Sanofi Legal team) & implementation of regulations on financial instruments changes impacting Back Office activities and especially concerning confirmation, lifecycle & reporting

• Identify and escalate pain points that may be subject to process improvement and share best practices
• Identify gaps vs. existing practices, regulatory constraints, and local process dependencies
• Ensure continued focus on process improvement, increased automation of activities and the elimination of non-value-added activities
• Support process exception arbitration when needed and propose process workaround
• Review process design when applicable
• Update internal control framework
• Support and Sign-off on new process testing’s (UAT)
• Participate to the change management plan
• Contribute to Systems upgrades as required

The successful candidate will have in-depth knowledge and experiences in the following areas:

• Minimum 3 years of professional experience in Treasury multinationals (Back Office, Cash Management, In-House Bank, Treasury Accounting) within Bank / Corporate Treasury
• Demonstrated knowledge of treasury functions, debt capital markets, and financial instruments
• Understanding of financial controls and compliance frameworks
• Experience with Sarbanes-Oxley is an asset
• Experience with Treasury Management Systems (SAP, Others)
• Experience with electronic banking systems / SWIFT /Payment Practices
• Proven track record in dealing with complex issues proactively and in a timely fashion, along with the ability to make well informed and appropriate decisions and to communicate complex information to others
• Languages: fluent in English and French; any further language is a plus

• Analytical Mindset: Exceptional attention to detail with ability to identify discrepancies
• Problem-Solver: Proactive approach to resolving complex issues
• Communicator: Excellent ability to explain complex financial concepts clearly
• Team Player: Collaborative approach with strong interpersonal skills
• Adaptable: Ability to manage multiple priorities and deliver under pressure
• Innovative: Continuously seeking process improvements and efficiencies

• At least bachelor’s degree in finance / economics or similar
• A certificate in Treasury is a plus

Better is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. So, let’s be those people.

At Sanofi, we provide equal opportunities to all regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, ability or gender identity.

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!

Final compensation will be determined based on demonstrated experience, skills, location, and other relevant factors. Employees may be eligible to participate in Company employee benefit programs.