Internship Opportunity


Treasury Manager-Bank

Career Edge Organization
Number of Positions:
Application Deadline:
Jun 14, 2024
Start Date:
Jul 01, 2024
End Date:
Jun 30, 2025

Job Description:

Remote type

Toronto, Ontario
Full time

Work Location:

Toronto, Ontario, Canada



Line of Business:


Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation-related questions, including pay details for this role.

Job Description:

Department Overview:

Treasury and Balance Sheet Management (TBSM) manages the Bank's Canadian and US P&C's non-trading market risk, consolidated liquidity risk and capital positions. In addition, TBSM operates the Bank's funding, securitization, and capital management programs, and is responsible for the Bank's investment portfolios.

Department responsibilities:

Market Risk Measurement & Analytics: Measure, manage and hedge the interest rate, foreign exchange and equity risk associated with non-trading products on bank's $1.35T balance sheet.
Funds Transfer Pricing: Ensure that all non-trading products and businesses are measured on a fully hedged and liquidity premium-adjusted basis to accurately reflect the economic profit
Investment Portfolio Management: Execution of hedging and investment portfolio management in support of the Bank's asset and liability management strategies.
Enterprise Capital Management: Establish a management framework for the efficient and prudent management of the bank's capital position while optimizing shareholder's return on capital
Wholesale Funding: execute and manage term funding transactions and programs for the Bank, including senior unsecured debt, covered bond and secured funding through ABS and MBS channels
Liquidity Risk Management: measure and manage changes in the Bank's cash flows, collateral pledging requirements and funding needs to ensure adequate liquidity level while minimizing funding costs

Job Description:  

The Treasury Manager is a key member of the team responsible for supporting a key initiative to focused on reviewing and improving the Bank's Liquidity measurement and reporting. The goal of this initiative is to ensure that the Bank's liquidity systems and reports have a high degree of accuracy, are aligned across the banks different business segments, remain fully compliant with regulatory expectations, and have robust data quality and controls.

Key accountabilities include: 

Drive initiatives that require Liquidity subject matter expertise
Work with Senior Manager to establish a workplan for review of liquidity reports, including key milestones and timing of deliverables.
Lead meetings / working groups to work with the bank's Liquidity teams, Risk Management partners and Technology to understand the current liquidity processes, systems and reports.
Develop understanding of relevant liquidity reporting requirements.
Perform analysis to assess the current processes alignment with regulatory requirements.
Maintain detailed documentation of all findings, recommendations, and action plans.
Proactively propose process improvements and work with technology and reporting teams to implement changes.
Recommendations of liquidity treatment for given Business initiatives to various stakeholders, including TBSM and banks management.
Summarize findings and propose recommendations to senior management.
Provide ad-hoc support to the TBSM Liquidity Management team as required.

Job Requirements:

Analytical Mindset - Strong analytical skills and problem-solving ability; comfortable with dealing with large data sets, complex reconciliations/investigations, and open-ended questions
Technical Skills - Ability to comfortably manipulate and work with large data sets using Excel; knowledge of SQL and/or Alteryx would be an asset
Communication Skills - Superior communication & facilitation skill, and an ability to manage productive relationships with business partners and stakeholders.
Effective Stakeholder Management - Strong interpersonal skills to foster positive working relationships with key stakeholders across the organization
Attention to detail with strong aptitude to learn and promote operational efficiency.
Ability to work independently and in teams to produce and deliver high quality results.

Education & Experience Requirements:

Minimum 5 years of experience in the banking industry, preferably in liquidity management, Treasury/Finance
Post-secondary degree in Finance, Business, Risk

Employer Question 1:

Do you require any accommodations for the interviewing and recruitment process?

Employer Question 2:

Are you legally eligible to work in Canada for the entire duration of this internship?

Employer Question 3:

As part of our commitment to attract talent from the 2SLGBTQ+ community, we encourage professionals from the 2SLGBTQ+ community to apply for this role. Do you identify yourself as a member of the 2SLGBTQ+ community?

Employer Question 4:

Do you have experience in banking industry, preferably in liquidity management, Treasury/Finance? Please specify.