Treasury Manager - Clearing

Fidelity Canada; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Toronto is seeking a Treasury Manager to ensure efficient and effective treasury services. Key responsibilities include conducting treasury activities, managing liquidity, and collaborating on forecasting needs. The ideal candidate will have over 2 years of experience in banking or treasury, strong market knowledge, and a client-service mindset. This hybrid role offers a dynamic work environment.

Benefits

Diverse and inclusive workplace

Recognition as a top employer

Accommodations for individuals with disabilities

Qualifications

• Experience in Banking or Treasury is required.
• Experience in Brokerage operations is preferred.

Responsibilities

• Ensure treasury services delivery efficiently and cost-effectively.
• Conduct, monitor and review treasury activity at FCC.
• Ensure FCC capital is deployed efficiently and has sufficient liquidity.

Skills

Strong knowledge of all economic markets

Ability to work within tight deadlines in fast paced environment

Good communication skills, both verbal and written

Client service oriented

High degree of accuracy and attention to detail

Knowledge of Loanet, DataPhile, CDS, DTC, and Arrow

Education

2+ years’ experience in Banking or Treasury

Experience in Brokerage operations

Job description

Job Description

Please note: This role is designated as "Hybrid" as per Fidelity Canada's Dynamic Working Policy.

Current Work Authorization is required for all openings.

Who We Are

Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. Based in Toronto, Fidelity Clearing Canada provides trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms.

What You’ll Be Doing

The Treasury Manager is responsible for ensuring treasury services are delivered in an efficient and cost-effective manner, with a high level of service to both our internal and external clients. Reporting to the Director, Treasury, this role is responsible for conducting, monitoring and reviewing the treasury activity of FCC; for ensuring FCC capital is deployed most efficiently and FCC has sufficient liquidity for business operations. This role also carries responsibility for reconciliation of treasury accounts including foreign currency accounts.

Overseeing and Conducting Daily Funding Activities

• Start of Day, End of Day Cash balancing with banks and depositories
• Determining need for additional activity, instructing FX swap and/or call loan activities
• Oversee foreign currency activity

Treasury Forecasting

• Collaborate with internal FCC departments and FCC clients to forecast accurate daily, weekly and monthly treasury needs
• Work with FCC Settlements to understand upcoming requirements and potential impacting events. Proactively review previous forecasts and forecasting methods to improve accuracy

Interest Rate Structure

• Collaborate with Director, Treasury, FCC to construct and deliver a relevant interest strategy
• Determine accurate and informed interest rates for IB’s, individual clients and one-off requests
• Oversee monthly IB interest sharing activities, review these activities for accuracy and post results
• Monitor foreign currency FX rates and ensure interest rate strategy accurately calculates interest on these debit and credit balance. Collaborate with foreign banks and custodians, FCC Banking and FCC Trading to manage these balances

Treasury Review and Reporting

• Use continuous improvement techniques to review recent events to improve daily funding activities and forecasting abilities
• Review all activity and collaborate with bank relationships and internal departments for accuracy.
• Participate on internal and external audits to provide required information

Treasury Relationships

• Working with Director, Treasury to maintain, expand and service FCC Treasuryrelationships
• Ensure Banking, Depository and Trading relationships are current and active and communication with relevant contacts is conducted consistently. Ensure financing lines are available at beneficial rates and there is a substantial level of two-way communication so the events impacting Treasury are well known.

What We’re Looking For

• 2+ years’ experience in Banking or Treasury
• Experience in Brokerage operations is an asset

The Expertise You Bring

• Strong knowledge of all economic markets.
• Able to work within tight deadlines in fast paced environment.
• Good communication skills, both verbal and written.
• Client service oriented.
• Must be able to work with a high degree of accuracy and attention to detail.
• Strong knowledge of Loanet, DataPhile, CDS, DTC, and Arrow.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [e-mail] .

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada's Top 100 Employers
o Greater Toronto's Top Employers
o Canada's Top Family-Friendly Employers
o Canada's Top Employers for Young People

• Great Place To Work Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Today's Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams

• LinkedIn Top Companies in Canada

• Human Resource Director (HRD) - Best Place To Work
o HRD - 5-Star Benefit Program
o HRD - 5-Star Diversity & Inclusion Employer

Designations
• Canadian Compassionate Companies – Certified
• Benefits Canada's Workplace Benefits Award - Future of Work Strategy
• TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter's Most Innovative HR Team