Job Description

Candidate Profile Details:

• Degree/Level of Education: Post Secondary degree in Finance, Business, Risk or related field
• Certifications Required: N/A
• Years of Overall Experience: 3-5 yrs - Finance experience
• How will performance be measured: Deliverables and quality of work
• Preferred/Ideal Candidate Background: experience in related fields of Finance, Treasury or Payments - New Grad is accepted, accounting background.

Summary Of The Role:

• Typical Day-to-Day Responsibilities: managing bank of Canada accounts, collartrbe management, payment optimization and interday liquidity.
• How much time is being spent in meetings:10%
• Who are they interacting with (internal/external) - yes both
• Will the contractor have access to any customer data? YES!

Department Overview

• The Treasury and Balance Sheet Management (TBSM) department of Bank is responsible for overseeing the management of Bank's: Non-Trading Market Risk, Liquidity Risk and Capital Position
• The Cash Management team within TBSM is responsible for forecasting the daily cash flows for TBSM and Retail, managing and maintaining sufficient collateral for the $CAD Payment System and flattening the Bank's settlement account with the Bank of Canada each night.
• Analyze the daily CAD and USD cash management process by gathering cash flow information from various sources within the Bank to project closing cash balances.
• Invest and fund the Bank's CAD and USD accounts by trading in the end of day interbank market.
• Investigate unexpected changes in cash balances to reconcile the Bank's settlement position with the Bank of Canada.
• Complete settlement obligations with the Bank of Canada.
• Ensure sufficient levels of collateral are in place to settle the Bank's various large and critical payment obligations.
• Monitor and explain Intraday Liquidity Start of Day and Intraday Liquidity Usage
• Participate in industry forums and committees
• Role to act as a liaison between the Cash Management and Intraday Liquidity to understand and build more capabilities with the Intraday Liquidity System
• Role to act as a liaison between Cash Management, Intraday Liquidity and Payment Teams to understand and manage cash more efficiently in real time

Job Requirements

• Analytical and Critical Thinking - Advanced analytical skill in dealing with complex business situations, products and sources of information
• Operational Excellence - Strong skills in process development, efficient and establishing control enhancements
• Superior communication and relationship management skills, including an ability to manage across multiple stakeholders, both within and outside TBSM
• Strong writing skills
• Primarily work the closing shift (10:30am to 6:30pm)

Education and Experience Requirements

• 5 years of experience in related fields of Finance, Treasury or Payments
• Post Secondary degree in Finance, Business, Risk or related field
• MS Office Suite (PowerPoint, Excel, Word, etc)

Must-Have Hard Skills:

• trend analysis - 3 yrs
• analytic thinker -yes or no
• Great communication verbal/ written yes or no
• Works well under pressure yes or no
• Attention to detail

Nice-To-Have

• someone who can handle strong personalities
• Knowledge of AI tools

Please note:

• AI is not used to screen, assess, or select candidates.
• This role reflects an existing vacancy at the time of posting.

Job Details
14072
Contract
18 months
Toronto
Recruiter
Recruiter information not available.

Skills Required