Consultant, Risk Management - Finance and Treasury

Vancity; Vancouver; Hybrid; CAD 97,000 - 120,000; Full time

Benefits offered by this job

Living Wage Employer

Flexible benefits package

Generous vacation

Extra stat holidays

Immediate health coverage

Defined benefit pension

Job summary

Vancity in Vancouver, BC, is seeking a Consultant, Risk Management - Finance & Treasury to oversee capital adequacy, liquidity risk and stress testing. You will translate complex outputs into actionable insights for senior leadership and help sustain long-term financial resilience.

This full-time, permanent role reports to the Director, Capital & Stress Testing. Hybrid work is available; on-site presence is required for events, with head office in Vancouver and options for BC/Ontario candidates.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Actuarial Science, or a related quantitative discipline.
• MBA, MSc Finance, Financial Engineering, or similar advanced degree considered an asset.

Responsibilities

• Perform capital and balance sheet risk analysis and stress testing across regulatory metrics and internal capital forecasts.
• Provide independent challenge on scenario design, model outputs, and interpretations for senior leadership.
• Prepare clear reporting materials for governance committees and senior management.

Skills

Capital planning

Stress testing

ALM

Treasury risk

Excel modeling

SQL

Python or R

Data analysis

Education

Bachelor's degree in Finance, Economics, Mathematics, Statistics, Actuarial Science or related quantitative discipline

MBA, MSc Finance, Financial Engineering or similar (asset)

Tools

Moody’s

QRM

FIS

Job description

We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo and break down barriers. We’ve made bold commitments to become net-zero by 2040 across all mortgages and loans, and we’re actively pursuing strategies in Indigenous banking and financial resilience for our members.

As the largest private sector Living Wage Employer in Canada, we’re proud to be consistently recognized as one of the country’s Top Employers. If you’re ready to join our team of 2,300 diverse individuals, access competitive rewards and benefits, and be part of a greater movement -

Your Role in Supporting Our Members:

As a Consultant, Risk Management - Finance & Treasury, you will provide second-line oversight and independent challenge across capital adequacy, liquidity risk, and stress testing activities. You will play a key role in assessing whether Finance and Treasury strategies align with Vancity’s enterprise risk appetite and prudential regulatory expectations.

This is a highly analytical, hands-on role focused on detailed capital and balance sheet risk assessment, stress testing execution, and governance support. You will translate complex quantitative outputs into actionable insights that inform senior leadership decision-making and support long-term financial resilience.

This is a Full-time, Permanent role and will report directly to the Director, Capital & Stress Testing. Our head office is based in Vancouver, but we are open to candidates in BC and Ontario. While this position provides a hybrid work arrangement, you will be expected to be on‑site for events and business demands when needed.

How You'll Make an Impact:

Capital & Balance Sheet Risk Analysis

• Perform detailed analysis of regulatory and internal capital metrics, capital forecasts, and buffer adequacy.
• Assess the capital and liquidity implications of proposed funding strategies, pricing decisions, product changes, and balance sheet initiatives.
• Identify emerging risks, concentration exposures, and forward‑looking pressures, recommending mitigation strategies where risk levels approach or exceed appetite.
• Execute and interpret stress testing and scenario analysis across macroeconomic, interest rate, liquidity, and idiosyncratic stress scenarios.
• Evaluate impacts on capital ratios, net interest income, liquidity metrics, and balance sheet composition.
• Provide independent challenge on scenario design, assumptions, model outputs, and interpretation of results.
• Identify vulnerabilities under stressed conditions and propose practical mitigation actions such as capital buffer adjustments or funding diversification.
• Provide structured review and challenge of ICAAP inputs, capital forecasting assumptions, and Treasury funding plans.
• Support ongoing enhancement of capital risk governance frameworks, documentation, and controls.
• Prepare clear, concise reporting materials for senior management and governance committees, translating technical analysis into actionable recommendations.
• Partner with Finance, Treasury, Enterprise Risk, and Model Risk teams to strengthen methodologies, improve data quality, and enhance risk measurement practices.
• Contribute to continuous improvement of capital and stress testing processes to ensure regulatory alignment and operational effectiveness.

What You’ll Bring to the Team:

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Actuarial Science, or a related quantitative discipline.
• MBA, MSc Finance, Financial Engineering, or similar advanced degree considered an asset.
• Professional designation such as CFA, FRM, CPA, PRM, or equivalent risk certification preferred.
• 5-7+ years of progressive experience in capital planning, stress testing, ICAAP support, asset‑liability management (ALM), Treasury risk, or balance sheet analytics within a regulated financial institution or regulator environment.
• Practical experience with regulatory capital frameworks and liquidity risk metrics (e.g., LCR, NSFR).
• Exposure to IRRBB, earnings sensitivity modeling, and capital forecasting methodologies.
• Experience working within a second‑line risk function or providing independent oversight is strongly preferred.
• Advanced financial modeling capabilities, particularly in Excel (scenario modeling and sensitivity analysis).
• Strong experience with SQL and demonstrated proficiency in Python or R to query enterprise data warehouses, extract large datasets, perform data manipulation, and conduct analysis to support business insights.
• Familiarity with ALM or Treasury systems (e.g., Moody’s, QRM, FIS, or similar platforms) is an asset.
• Strong understanding of balance sheet mechanics and financial statement impacts of risk exposures.
• Ability to provide objective, well‑articulated challenge while maintaining collaborative stakeholder relationships.
• Excellent written and verbal communication skills, with experience presenting technical analysis to senior audiences.

You’ll Thrive Here If You Are:

• Strategic and risk‑aware - You connect capital, liquidity, and balance sheet decisions to enterprise risk appetite and anticipate emerging vulnerabilities.
• Analytical - You apply rigor to financial modeling and stress testing, challenge assumptions thoughtfully, and deliver clear, defensible insights.
• Collaborative - You build trusted cross‑functional relationships and provide independent and objective insights that strengthen decision‑making.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

What You’ll Earn:

This role offers a salary range of $96,600 to $120,000 per annum. The base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Why You’ll Love Working Here:

• Living Wage Employer: We’re the largest private‑sector Living Wage Employer in Canada and consistently ranked among Canada’s Top Employers.
• Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
• Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
• Extra Stat Holidays: In addition to BC’s 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
• Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.

Vancity Talent Programs:

Vancity supports an inclusive hiring process for candidates who self‑identify as Indigenous, Black, or Trans. With special permission from the BC Human Rights Commissioner, this initiative provides access to career development opportunities, prioritized job screening, and feedback. Any information you choose to share will be stored securely and used only for recruitment and career development connected to this initiative, in line with the BC Personal Information Protection Act (PIPA). For details, please see our dedicated Talent Programs job posting.

We are also committed to an inclusive, barrier‑free and accessible recruitment experience for all candidates. If you require any accommodations or support at any stage of the recruitment process (including the application stage), we encourage you to let us know by contacting our Talent Acquisition team at [e-mail]. We’re here to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality, so you can participate fully in the process.