Balance Sheet Risk Manager

Vancouver, BC, CA, Canada

Job Description

We are hiring for this position out of our Toronto and Vancouver offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.


Role Overview:





This position reports to the AVP of Market & Liquidity Risk within the Balance Sheet Risk team. The role is instrumental in supporting Treasury and Finance in managing the Group's market and liquidity risks. It also plays a key role in coordinating risk-related activities for the Asset Liability Committee and the Board Risk Committee.



The successful candidate will collaborate closely with Treasury, Finance, and other internal stakeholders to provide effective risk oversight. Core responsibilities include monthly risk monitoring and reporting, periodic reviews and documentation of models and assumptions, and contributing to the enhancement of the company's risk management framework. The role also involves addressing internal audit and regulatory findings, as applicable.



Additionally, the individual will be responsible for conducting a variety of monthly, quarterly, and ad hoc analyses, as assigned.


About the Day-to-Day:




Prepare the monthly risk reporting for ALCo. Review and oversight of balance sheet ALM assumptions. Oversight of Liquidity Reporting, including independent validation and assurance. Oversight of IRRBB reporting, including independent validation and assurance. Review and Challenge of Treasury Tools, including vendor's risk report testing and validation. Review and Challenge of Hedging Programs. Maintain internal control and procedural documents. Manage intern resources as needed.

About the Qualifications:




4+ years working in Treasury and Market Risk Management at Canadian Financial institutions. Education/Certification: Post secondary degrees in Finance or quantitative discipline. CFA or FRM are preferred. Good understanding of ALM concepts for the Banking Book, including hedging and management of Duration and IRRBB limits. Good understanding and experience in modeling banking products for ALM, with hands on experience using balance sheet management solutions such as QRM, Bancware, Empyrean, etc Expert knowledge of OSFI Liquidity Adequacy Requirements, with sufficient knowledge to implement LCR and NCCF reporting from source systems. Familiarity with CMHC MBS and CMB securitization programs is strong asset.

About us:





Peoples Group is a boutique financial institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 35 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.



Our culture here at Peoples Group is formed by our values: Trustworthy, Creative, Willing. We believe people don't choose a company to work for, they choose a company to join. We prioritize risk-based practices and procedures in order to remain risk intelligent and compliant. We value people, building relationships, and focusing on strengths; we execute with passion.


About the work environment:





Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.


We offer:




A hybrid work environment, enabling you to balance your personal and professional life seamlessly. Competitive salaries, profit sharing, RRSP matching and benefits from day one. Generous paid time off to help achieve a healthy work-life balance. A strengths-based approach, ensuring we work together more effectively. A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Compensation:





Peoples Group is pleased to offer employees a competitive annual salary plus a discretionary profit share opportunity. Salary for this position will vary between $100,000 and $110,000 per year depending on the knowledge, skills, abilities and experience that the chosen candidate possesses.


NOTE:

This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.



We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.

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Job Detail

  • Job Id
    JD2514072
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Vancouver, BC, CA, Canada
  • Education
    Not mentioned