Senior Manager, Treasury Balance Sheet Management

Vaco Recruiter Services; Toronto; On-site; CAD 135,000 - 160,000; Full time

Job summary

A leading financial institution is looking for a Treasury Team Lead to oversee liquidity risk management and forecasting. The ideal candidate will have 7-10 years of finance-related experience, a relevant degree, and designated qualifications such as CPA or CFA. This role is pivotal in advising on liquidity strategies and involves collaboration across various departments to ensure effective risk management.

Qualifications

• 7-10 years of experience in finance, accounting, bank treasury, or capital markets.
• Experience in Treasury and management of liquidity risk.

Responsibilities

• Lead and develop a team of Treasury professionals for liquidity risk management.
• Manage forecasting process for Wholesale Bank's liquidity needs.
• Advise on liquidity position to support business objectives.
• Provide leadership on liquidity initiatives and policy reviews.

Skills

Liquidity Risk Management

Capital Markets

Finance or Accounting

Education

Post-secondary degree in Finance, Business, Risk, or Economics

Valued designations: CPA, FRM, CFA, MBA

Job description

About the Company

Our client is a leading global financial institution.

Why Work Here

• Fantastic opportunity to be involved in the Treasury group of the company, this division is highly regarded and is responsible for the overall cash position for the retail and wholesale business lines
• Position has a lot of visibility across the company and executive stakeholders
• Fantastic cross-functional and promotional opportunities across the bank. Vaco has a strong history of placing top tier professionals within this group

About the Opportunity

• Lead and develop a team of Treasury professionals responsible for the company’s liquidity risk management working to ensure there is sufficient liquidity reserves to meet the needs of both regulatory and internal liquidity metrics.
• Manage and maintain a robust forecasting process in support of the management and instructions of the Wholesale Bank's liquidity needs, including Liquidity Coverage Ratio (LCR), Net Cumulative Cashflows (NCCF), Net Stable Funding Ratio (NSFR), and internal requirements.
• Work with various partners across the company to ensure the current liquidity position liquidity outlook and related balance sheet recommendations are clear and well understood.
• Acts as a key advisor on the liquidity position to ensure that the company’s businesses have actional insights and recommendations that prudently manage liquidity risk while achieving business line objectives.
• Provide insights and analysis to continuously improve the Bank liquidity management and advise senior management and various committees (e.g., ALCO, GLF).
• Provide leadership on important liquidity initiatives, including annual policy reviews, regulatory inquiries, and ad hoc funding and liquidity analyses.
• Ensure that appropriate policies, procedures, and accountabilities are documented and followed to maintain an effective and well controlled process.
• Collaborate closely with other Wholesale Liquidity pillars, including 'Assumptions & Methodologies' and 'Liquidity Applications & Implementation', to ensure successful liquidity measurement and management of new products, assumptions or technology implementations.

About You

• Demonstrated Experience – Experience in Treasury, Capital Markets, Liquidity Risk Management, and/or Finance/Accounting
• 7-10 years of experience in related fields of finance, accounting, bank treasury, capital markets.
• Post-secondary degree in Finance, Business, Risk and/or Economics.
• Valued designations: CPA, FRM, CFA, MBA

Salary Range

$135,000 - $160,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #460373

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.