Treasury & Risk Manager - Omnicare

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Omnicare is a leading provider of pharmacy services to long-term care facilities nationwide, supporting skilled nursing facilities, assisted living communities, and other institutional care settings. Following the sale of Omnicare by CVS Health, this role will support Omnicare and its continued operations as an independent, standalone organization. Candidates should be aware that this role will not remain within CVS Health following the transaction. The individual hired into this role will be employed by Omnicare and will contribute to shaping the future of our organization during this exciting period of growth and transformation.

As the Treasury and Risk Manager youll oversee the treasury and risk management activities for Omnicare, setting strategic financial objectives and driving effective treasury operations. You will collaborate with senior leadership to develop financial strategies, manage debt and capital structure, and optimize cash management practices. You'll analyze financial data, makes data-driven decisions, and provides insights on financial risks and opportunities. You'll participates in capital budgeting, financial modeling, and financial reporting to support the organization's financial goals and ensure regulatory compliance.

This role is remote.

Primary Job Duties & Responsibilities

• Directs the company's cash flows, including forecasting and optimizing cash positions, monitoring bank balances, and ensuring sufficient liquidity for daily operations.
• Develops accurate cash flow forecasts to facilitate financial planning and budgeting processes, ensuring the availability of funds for upcoming expenses, and minimizing borrowing costs.
• Coordinates relationships with banks, negotiates banking services, manages bank accounts, and organizes activities such as wire transfers, account reconciliations, and cash pooling.
• Coordinates risk management activities related to the corporate insurance programs.
• Assesses financial risks, including interest rate risks, foreign exchange risks, and credit risks, and develops strategies to mitigate these risks.
• Directs debt financing operations, including monitoring loan covenants, managing debt facilities, coordinating with lenders, and evaluating debt repayment strategies. Advises with managers to evaluate short-term investment options for excess cash, maximizing returns while considering safety and liquidity requirements.
• Collaborates with internal leaders, sharing regular insight and updates on the status of treasury or risk management activities.
• Ensures compliance with treasury-related regulations, and implements internal controls to safeguard company assets.
• Designs programs supporting cross-functional working capital initiatives, aimed to enhance and grow treasury competencies and scope of capabilities.

Required Qualifications

• 5+ years experience managing corporate treasury.
• Experience managing bank relationships, implementing new technologies and managing cash flows.
• Experience managing bank lending and related monthly reporting such as borrowing base and financial covenant calculations.
• Experience managing corporate insurance programs including property, workers compensation, general liability, cyber and others.
• Certified Treasury Professional (CTP).

Education

• Bachelors degree .

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$60,300.00 - $132,600.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 10/17/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.