Senior Program Manager, Treasury Operations

Royal Canadian Mint; Ottawa; Hybrid; CAD 120,000 - 180,000; Full time

Job summary

The Royal Canadian Mint is seeking a Senior Program Manager, Treasury Operations to support development and ongoing management of Treasury Services, including the precious metals trading desk. The role involves pricing, trade execution, hedging, and governance across trading processes and controls.

You will collaborate with stakeholders, ensure risk management, and help drive improvements in profitability and efficiency while enabling secure operations across the Treasury Services function.

Qualifications

• Significant experience in precious metals or financial markets.
• Experience with pricing, trade execution and hedging in institutional settings.
• Experience with FX, liquidity, settlement and counterparty risk.

Responsibilities

• Execute precious metals trades and market hedges within limits and controls.
• Provide pricing and market expertise to support transactions.
• Develop and manage Treasury Services desk processes and controls.
• Manage trading risk and hedging strategies with strong controls.
• Lead Treasury initiatives from pilot to implementation.
• Develop trading governance and reporting aligned with policy.

Skills

Pricing

Trade execution

Hedging

Risk management

Trading governance

Education

Finance degree

Economics degree

Accounting degree

Tools

Bloomberg

Electronic trading

Job description

The Royal Canadian Mint (the Mint) is hiring a Senior Program Manager, Treasury Operations who can thrive in a dynamic and inclusive environment.

Reporting to the Senior Director, Treasury Services the Senior Program Manager is responsible for supporting the development, implementation and ongoing management of the Mint’s Treasury Services capabilities, including the establishment and operation of the precious metals trading desk. The position is responsible for supporting customer pricing and trade execution, executing related market hedges, monitoring market activity and exposures, and contributing to the development of trading processes, systems, controls, and reporting.

Your Responsibilities:

• Execute precious metals trades and market hedges within established authorities, limits, risk parameters and controls.
• Provide competitive customer pricing and market expertise to support precious metals transactions and Treasury Services activities.
• Support the development of the Treasury Services trading desk, including its processes, systems, infrastructure and operating practices.
• Manage trading risk and exposures, applying appropriate hedging strategies and maintaining strong controls.
• Lead Treasury Services initiatives and projects, coordinating stakeholders and deliverables from pilot through implementation.
• Develop and maintain trading procedures, governance and controls that align with established policies, professional standards and risk frameworks.
• Build strong relationships with internal stakeholders, customers, bullion banks and other financial counterparties.
• Monitor performance and drive continuous improvement, identifying opportunities to enhance profitability, customer service, operational efficiency and controls.

This position offers flexible telework arrangements. The incumbent will work primarily from their home workspace and will be required to travel occasionally to the Ottawa facility, based on operational needs and to participate in activities identified by their manager and other key collaborators.

This selection process may also qualify you for other positions with similar requirements and qualifications.

Qualifications:

Languages Requirements:

Proficiency in one official language (English or French) is essential. Bilingual (English and French) is an asset.

Education & Designation:

• University degree in related area – Finance, Economics, Accounting
• Chartered Financial Analyst (CFA), Certified Treasury Professional (CTP) considered an asset.

Experience:

• Significant experience in precious metals or financial markets, including market structure, pricing, liquidity and trading practices.
• Demonstrated experience with customer pricing, trade execution and hedging of market exposures in an institutional or financial-market environment.
• Experience with financial market operations, including foreign exchange (FX), liquidity, settlement and counterparty risk.
• Hands-on experience with Bloomberg and/or electronic trading, pricing, and market-data platforms.
• Experience working within a controlled trading environment, with knowledge of front, middle, and back-office functions, trade lifecycle, segregation of duties and trading governance.
• Experience analyzing trading and financial performance, including spreads, execution quality, P&L, and other performance measures.
• Demonstrated experience developing or implementing financial-market capabilities, including new processes, systems, controls or trading practices.
• Strong experience using financial data, reporting tools and performance metrics to support analysis and business decision-making.
• Experience with physical precious metals operations, including metal flows, refining, customer metal accounts and physical settlement, is considered a strong asset.
• Experience implementing or enhancing trading platforms, operational processes and risk controls within a regular financial institution.

Why the Mint?

At the Mint, you will collaborate with a diverse group of people and be a part of an iconic Canadian organization. Your safety and wellbeing are our top priority. We offer outstanding pay and total rewards for you and your family and you will be supported to continuously learn throughout your career.

The Mint is committed to building an inclusive workforce that represents a variety of backgrounds, perspectives, and skills. We value diversity and aim to provide an inclusive, barrier-free recruitment, selection and onboarding process to ensure that each candidate is treated respectfully.

If you need accommodation at any point in the application or interview process, please let us know. We are committed to being an inclusive employer. For a confidential inquiry, simply email us directly at [e-mail] to make arrangements.

What to Expect

In order to be considered for an interview, please clearly demonstrate on your application how you meet the education and experience qualifications. The additional qualifications may be assessed through interviews, exams, reference checks, etc. If successful, you will be required to complete a background check facilitated by the Mint in order to obtain a security clearance.

Ready to mint your career?