TREASURER

Business Development Bank of Canada; Montreal (administrative region); Hybrid; CAD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible benefits

ESI plan

Pension plan

Wellness spending

Job summary

BDC is the only bank dedicated to Canadian entrepreneurs. We are seeking a Senior Treasurer to lead funding, liquidity management, ALM, and treasury risk while advising the CFO and senior leaders. Your expertise will strengthen financial resilience and support growth across Canada.

This role requires 15+ years in treasury and a CFA/CPA/ASA or equivalent, bilingual English/French, and proven front-office leadership with a hybrid work model and strong benefits.

Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, Economics, Mathematics, Actuarial Science, or a related field.
• Professional designation such as CFA, CPA (CA/CGA/CMA), ASA, or equivalent.
• Minimum 15 years of relevant experience in treasury, banking, capital markets, financial risk management, asset-liability management, or investment management.
• Minimum 3 to 5 years of experience in a Treasury Front Office leadership role.
• Experience managing funding programs, liquidity management, and interest rate risk management activities.
• Experience managing financial market activities and banking book risk.
• Experience overseeing pension fund investments and pension governance activities.
• Experience leading and developing teams of specialized financial professionals.
• Knowledge of Canadian GAAP, IFRS, and the Canadian financial regulatory environment.
• Demonstrated ability to advise and influence senior executives, Board members, and key external stakeholders.
• Strong communication, stakeholder management, negotiation, and decision-making skills.
• Bilingualism in English and French.

Responsibilities

• Lead the development and execution of funding, liquidity investment, and treasury risk management strategies that support BDC's business objectives and financial sustainability.
• Optimize net interest income and balance sheet performance through effective asset and liability management.
• Advise the CFO and senior leaders on financial market trends, interest rate developments, and treasury-related opportunities and risks.
• Build and maintain strong relationships with key stakeholders, including the Department of Finance Canada, the Bank of Canada, financial institutions, and external service providers.
• Oversee the management of interest rate risk, liquidity risk, and counterparty credit risk within BDC's banking book.
• Modernize and continuously strengthen Treasury capabilities by leveraging data, analytics, technology, and artificial intelligence.
• Provide governance and oversight for BDC's pension fund investment activities and related reporting.
• Lead a highly specialized team, fostering collaboration, development, and high performance.
• Partner with business leaders to support innovation and the development of financial solutions for Canadian entrepreneurs.

Skills

Bilingual English/French

Stakeholder communication

Leadership

Education

Bachelor's degree in Commerce/Finance/Accounting/Economics/Mathematics/Actuarial Science

Professional designation CFA/CPA/ASA or equivalent

Job description

We are banking at another level. Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means: Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few. In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1. A hybrid work model that truly balances work and personal life. Opportunities for learning, training and development, and much more.

Explore the BDC Way in our Culture Book.

POSITION OVERVIEW

BDC is the only bank dedicated exclusively to Canadian entrepreneurs. We support the growth of small and medium-sized businesses across Canada, and your work will contribute directly to their success. As Treasurer, you will play a pivotal role in BDC's financial strength and long-term sustainability. You will lead funding, liquidity management, asset-liability management, and treasury risk management activities while serving as a trusted advisor to the CFO and senior leadership team. Your expertise will help ensure that BDC remains well positioned to support Canadian entrepreneurs in an evolving economic environment.

CHALLENGES TO BE MET

• Lead the development and execution of funding, liquidity investment, and treasury risk management strategies that support BDC's business objectives and financial sustainability.
• Optimize net interest income and balance sheet performance through effective asset and liability management.
• Advise the CFO and senior leaders on financial market trends, interest rate developments, and treasury-related strategic opportunities and risks.
• Build and maintain strong relationships with key stakeholders, including the Department of Finance Canada, the Bank of Canada, financial institutions, and external service providers.
• Oversee the management of interest rate risk, liquidity risk, and counterparty credit risk within BDC's banking book.
• Modernize and continuously strengthen Treasury capabilities by leveraging data, analytics, technology, and artificial intelligence.
• Provide governance and oversight for BDC's pension fund investment activities and related reporting.
• Lead a highly specialized team, fostering collaboration, development, and high performance.
• Partner with business leaders to support innovation and the development of financial solutions that meet the evolving needs of Canadian entrepreneurs.

WHAT WE ARE LOOKING FOR

• Bachelor's degree in Commerce, Finance, Accounting, Economics, Mathematics, Actuarial Science, or a related field.
• Professional designation such as CFA, CPA (CA/CGA/CMA), ASA, or equivalent.
• Minimum 15 years of relevant experience in treasury, banking, capital markets, financial risk management, asset-liability management, or investment management.
• Minimum 3 to 5 years of experience in a Treasury Front Office leadership role.
• Experience managing funding programs, liquidity management, and interest rate risk management activities.
• Experience managing financial market activities and banking book risk.
• Experience overseeing pension fund investments and pension governance activities.
• Experience leading and developing teams of specialized financial professionals.
• Knowledge of Canadian GAAP, IFRS, and the Canadian financial regulatory environment.
• Demonstrated ability to advise and influence senior executives, Board members, and key external stakeholders.
• Strong communication, stakeholder management, negotiation, and decision-making skills.
• Bilingualism in English and French.

This position’s duties require access to confidential information. As a condition of employment, the position therefore requires a "secret" security clearance. The selected candidate will therefore have to submit to an investigation by the Canadian Security Intelligence Service. Satisfactory results are a condition of employment.

Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work.

If you require an accommodation to complete your application, please do not hesitate to contact us at [e-mail]. While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.

BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The only institution whose purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we’re changing people’s and businesses’ lives for the better. That’s what makes us unique as a bank. That’s why we are banking at another level.