Manager, Balance Sheet Execution

Job title:

Manager, Balance Sheet Execution

Company

Canadian Western Bank

Job description

At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by:Putting people first and building relationships with intentionSeeking out and embracing new ideasBelieving that how we do things is as important as what we doRole SpecificationsEveryday flexibility. Hybrid work environments with onsite requirements.Work location: Edmonton, AB.The opportunityThe Manager, Treasury Balance Sheet Execution will report directly to the AVP Treasury Balance Sheet Execution and work closely with other senior members of the Treasury team daily, including the Treasurer. They will be responsible to assist in monitoring, assessing and managing Canadian Western Bank’s (CWB) overall interest rate risk.The day to day…Responsible for daily treasury liquidity operations and money market portfolio, including reviewing cash position and money market transactions.Support the Treasury Execution team with CWB’s balance sheet activities and positioning, as related to cash management, hedging, FX, portfolio management and, etc.Synthesize market information, develop own market views and strategies, and communicate those regularly with AVP Treasury Balance Sheet Execution, Deputy Treasurer and Treasurer.Follow the credit development of approved issuers, provide important updates as required and make recommendations for credit outlook when appropriate.Maintain and continuously improve portfolio reporting to enhance accuracy and analytical capability.Work collaboratively and effectively with other teams in Treasury on ad hoc projects, process improvement and regular tasks.Follow any capital market development in regulation, products and policies that may affect CWB’s balance sheet management activities.Assist in the development, implementation and maintenance of valuation models and quantitative tools used for interest rate and liquidity risk management.Compile data to assist Senior Management in preparation of ALCo and other ad hoc reporting.Work collaboratively with other functional areas such as Risk Management and Finance.Build and maintain relationships with the broker/dealing community.Successful incumbentThe successful candidate will be extensively involved in the management of CWB’s daily cash positions, FX transactions, liquidity portfolio and derivatives. The Manager, Treasury Balance Sheet Execution shall demonstrate a strong understanding of capital markets and make independent decisions based on complex information from CWB’s balance sheet and global markets. The person will also play a key role in formulating the team’s macro-outlook and interest rate risk management decisions.They are known to be a self-starter adept at clearly communicating with internal and external contacts, synthesizing complex financial market information, and prioritizing unstructured tasks. They excel in problem-solving, written communication, and collaboration, winning the trust and respect of business partners in a fast-paced, high-energy environment.Foundational knowledge and experience to grow fromUniversity diploma/degree in Commerce, Mathematics, Finance, Economics or Accounting.Minimum three to five years of relevant work experience in areas such as treasury, investment management, investment analytics, financial modelling, and economic researchStrong quantitative and analytical thinking skills, with attention to detail.Knowledge of fixed income, FX, structured products, securitization vehicles, and derivatives.Working knowledge of IFRS accounting concepts applicable for Canadian financial institutions.Strong working knowledge of Canadian regulatory environment for financial institutions.Strong understanding of modern banking business strategies and products.High competency with Microsoft Word and Excel, especially in VBA.Proficient with Bloomberg and QRM.Put your career in the spotlight. Apply with CWB today.Why work with us?Your success is our obsession! And our award-winning culture & benefits back it up.
Proudly recognized by Great Place to Work® in 2024 as one of Canada’s top 50 Best Workplaces & member of Waterstone Human Capital’s Most Admired Corporate CulturesTM Hall of Fame.Wellness matters. We offer an award-winning benefits package that includes:hybrid work environmentseveryday flexibilitycompany-funded health coveragehealth care spending accounta flexible wellness programgenerous time-away options to unplug, rest & recover.Career development. We commit to our employees’ development and help them reach their professional goals with:organization wide coaching servicesmentorshipeducation support & training programs.Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups.#LI-AI1As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.Closing Date:

• Position closes at 12:01am on the close date identified below. 07/24/2024

Expected salary

Location

Edmonton, AB

Job date

Thu, 11 Jul 2024 06:23:31 GMT

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