Job Description

At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you're part of making sure our business is running optimally and safely?helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!

Job Summary

The Senior Analyst, Corporate Finance supports money market activities, including short term financing, FX hedging and investing excess cash, in addition to following market trends and developments. The incumbent acts as the main source of support for all treasury activities and provides back up to Senior Managers Corporate Finance. The role is part of the front office activities of the Treasury department.

Main Responsibilities

Money Market Activities

Short-term Financing


Prepare and analyze daily funding needs

Carry out the issuance of commercial paper and ensure optimum rates and terms for CN

Manage a series of dealers from banks across the US and Canada

Track market conditions, receive daily quotes and market updates from dealers

Keep abreast of developments in money markets

Provide weekly updates and presentations to Investment Committee headed by the VP Treasurer, regarding money market activities

FX Hedging


Execute daily FX trades (swap and spot) to hedge FX exposure in line with Company's policies

Support the decision process on trades, identify outflows and inflows to hedge, amounts to be hedged and terms, using cash flows forecast

Maintain a solid understanding of derivative products

Build solid relationships and maintain ongoing communication with various dealers and banks

Investing Excess Cash


Invest the company's cash in line with its investment policy

Make investment decisions on a daily basis in order to maintain liquidity

Keep abreast of money market investments and risks

Keep track of products to maximize return on investment without compromising capital preservation

Maintain a deep understanding of the Board approved investment policies and limits

Monitor credit ratings and exposure to counterparties

Build and maintain relationships and credibility with banks

Letters of Credit


Understand the limits and specifics of bi-lateral letters of credit agreements negotiated between CN and various banks to respect agreements with counterparties

Manage letters of credit portfolio, ensuring timely issuance, renewal, amendment and cancellation

Assist with month-end reporting as required

Act as backup and support to Senior Managers, Corporate Finance

Long-term financing (bond market)


Receive and review weekly emails from banks on debt capital markets

Keep abreast of and liaise with dealers and bankers

Provide weekly updates regarding debt capital markets

Monitor, analyse and benchmark the company's bonds portfolio

Monitor new issues of comparable credits and peers (e.g., other railroads)

Assist in various ad-hoc projects and requests, as needed

Support the preparation of presentations for the Board, Senior Management and Rating Agencies

Conduct Peer Benchmarking analysis (quarterly financial reports, financial ratios, etc.), create comprehensible charts and tables using models

Prepare reports and carry out analyses for various corporate finance projects upon request

Working Conditions

The job is primarily carried out in an office environment. Minimal travel requirements

(less than 5%). Overtime hours including weekends are required occasionally.

Requirements

Corporate Experience


Minimum 2 years of experience in a related area

o Finance


o Accounting

Education/Certification/Designation

Bachelor's degree in a related field

o Finance


o Mathematics


Master's Degree in a related field


CFA


Any skills/attributes for these above would be considered as an asset

Competencies

Negotiations

Communicate Effectively

Attention to detail

Collaborate with Others

Time Management

Stress Management

Political Acumen

Demonstrate Business Acumen

Solve Problems

Develop and maintain relationships

Technical Skills/Knowledge

Advanced analytical skills

Solid understanding of economics

Ability to quickly understand technical products

Deep understanding of Finance and investments

Finance community (bankers, investors, auditors, etc.)

Financing options (debt, equity, etc.)

Financial modelling and valuation

Strong computer skills

Bloomberg trading tool

Any skills/attributes for these above would be considered

an asset

At CN, we are dedicated to building North America's safest, most inclusive and sustainable railroad, which includes reflecting the communities in which we operate. Research shows that candidates from underrepresented groups often don't apply unless they feel they fit the job posting at 100%. Even if you don't see yourself in every job requirement listed in a posting, we still encourage you to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), please reach out to our team at cnrecruitment@cn.ca.

As an equal employment opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, and other protected status as required by applicable law. We thank all applicants for their interest, however, only candidates under consideration will be contacted. Please monitor your email on a regular basis, as communication is primarily made through email.