Director, Treasury, Capital & Risk Solutions | Great West

Canada Life Group; Winnipeg; On-site; CAD 127,000 - 178,000; Full time

Benefits offered by this job

Career Development

Health & Wellness

Time Off

Financial Security

Rewards & Recognition

Community & ERGs

Job summary

Great-West Lifeco is recruiting a Director for Treasury, Capital & Risk Solutions based in Winnipeg. The role leads liquidity management and cash flow forecasting across CRS subsidiaries, while coordinating intercompany funding and banking relations.

You will drive treasury technology initiatives, governance, and reporting, supporting planning, stress testing and capital deployment in a multi-location environment.

Qualifications

• CPA, CFA or other relevant professional designation required.
• 7+ years in treasury, capital management or related finance roles with leadership.
• Experience leading cross-functional initiatives.
• Strong knowledge of liquidity planning and cash flow forecasting.
• Knowledge of regulatory capital frameworks in insurance/financial services is a plus.

Responsibilities

• Lead liquidity management and cash flow forecasting across CRS subsidiaries.
• Coordinate banking relationships, cash management activities and financing arrangements.
• Oversee letters of credit monitoring and reporting with compliance and legal teams.
• Drive treasury technology implementations and process standardization.
• Support planning, forecasting and reporting at divisional/local entity levels.
• Support stress testing and scenario analysis for liquidity and capital metrics.
• Oversee short-term surplus assets within approved investment guidelines.
• Prepare investment reporting for the Board and Management Committees.

Skills

Liquidity planning

Cash flow forecasting

Intercompany funding

Banking relationships

Leadership

Regulatory capital reporting

Education

CPA or CFA designation

Bachelor's degree in Finance/Accounting

Tools

Treasury management systems

Data visualization

Systems implementation

Job description

Director, Treasury, Capital & Risk Solutions | Great West

Permanent Full Time

What you will do:

• Lead regular liquidity management and cash flow forecasting across CRS subsidiaries, identify emerging funding requirements and surplus positions, and recommend actions to optimize liquidity deployment.
• Coordinate banking relationships, cash management activities and financing arrangements, including intercompany funding.
• Oversee letter of credit monitoring and reporting in conjunction with compliance, legal, and new business teams.
• Lead defined workstreams within treasury and drive progressive financial initiatives, including implementation and ongoing enhancement of treasury technology, process standardization, controls and reporting.
• Support annual planning, forecasting and reporting at divisional and local entity levels, including analysis of regulatory capital, dividend capacity and capital deployment opportunities.
• Support stress testing and scenario analysis for liquidity, capital and risk metrics, ensuring alignment with earnings forecasts and strategic priorities.
• Support oversight of short-term surplus assets within approved investment guidelines, balancing liquidity, risk and return objectives in collaboration with ALM and subsidiary finance teams.
• Prepare investment reporting for the Board and Management Committees, ensuring inputs are accurate, timely and clearly communicated.
• Develop effective working relationships across multiple locations, coach team members where applicable, and promote strong documentation, governance and continuous improvement.

What you will bring:

• Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA) or other relevant professional designation required.
• Minimum 7 years of progressive experience in treasury, capital management, finance, accounting or financial analysis, including demonstrated leadership of cross-functional initiatives.
• Demonstrated understanding of liquidity planning, cash flow forecasting, banking and funding arrangements, and investment oversight.
• Knowledge of regulatory capital frameworks and risk reporting within reinsurance, insurance or financial services is considered an asset.
• Ability to analyze complex issues, challenge assumptions, exercise sound judgment and translate findings into practical recommendations.
• Experience with treasury management systems, financial transformation, process improvement, data visualization or systems implementation is an asset.
• Strong influencing and communication skills, including the ability to prepare executive-ready materials and explain technical matters clearly to senior stakeholders.
• Strong leadership skills with the ability to motivate, engage and lead teams across functions and geographies.
• A curious and inquisitive nature, willing to challenge the status quo and drive positive change.
• A flexible and enthusiastic approach to work with a strong appetite to learn and develop both professionally and personally.

Canada Life Reinsurance is a leading provider of client-focused reinsurance solutions in the United States, Europe and Asia. With offices in Canada, Ireland, the U.S, Barbados, and Bermuda, Canada Life Reinsurance offers a range of innovative risk and capital management solutions covering mortality, longevity, health and lapse risk for insurers, reinsurers and pension funds.

CRS is a division of Great-West Lifeco, a Canadian-headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses.

The base salary for this position is between $127,200 - $178,200 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Great-West Lifeco

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life.At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners – serving approximately 40 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

What we offer :

• Career Development : Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annuallytowardseducation reimbursement.
• Health & Wellness : Flexible health and dental benefits,plus a $5,000 mental health benefit to support your well-being.
• Time Off : In addition to regular vacation andpersonal days,we support communityinvolvement with avolunteer day.
• Financial Security : Company-matching pension plan,share ownership program andadditionalinvestment options.
• Rewards and Recognition : Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis onCommunity : We provide aworkplace whereemployeesfeel connected and supported throughEmployee Resource Groups (ERGs),mentorshipprograms,socialclubsandevents.
• Learn moreabout Great-West Lifeco .

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail] . All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.

#LI-Hybrid

Location: Winnipeg, MB, CA London, ON, CA Toronto, ON, CA

Date: Oct 21, 2026