Senior Analyst, Treasury Consulting
Senior Analyst, Treasury Consulting
Posted on :
17-07-2025
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1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.
Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Senior Analyst Treasury Consulting SFM is responsible for managing theAsset Liability Management(ALM) modeling for credit union clients across Canada. They provide expert advice to credit union clients in the areas of interest rate risk (IRR) profitability liquidity and capital management. This role manages modeling for their client portfolio and works with credit unions to develop appropriate assumptions pertaining to balance sheet forecasts rate movements and other applicable areas. This role will also provide support within the Treasury Consulting team in other activities related to model enhancement training client engagements or other product lines such as the weekly interest rate bulletin credit underwriting for foreign exchange forwards and credit union lines of credit (LOCs) and liquidity advisory service to credit unions.
Measurement Analysis and Reporting of Interest Rate Risk Profitability Liquidity and Capital metrics 70%
- Execute higher value/more complex client balance sheet simulations to generate results for interest rate risk position profitability/liquidity and capital projections.
- Back-test model results identify gaps and areas to improve assumption accuracy.
- Consult with clients to collect adjust or enhance modeling assumptions.
- Develop and input key assumptions into simulation model. Ensure accuracy and integrity of all data inputs and assumptions used to assess interest rate risk (IRR) exposures.
- Modify any input/output processes to accommodate new products or attributes for client models.
- Manage IRR modeling process to accommodate changes to behavioral assumptions and any new products or features being introduced. Tweak model setting and develop new reporting as needed to analyze results.
- Continually explore opportunities to enhance existing processes to increase operating efficiencies and shorten reporting timelines.
- Comprehensive understanding of regulatory requirements in all provinces (LCR NSFR NCCF etc). Ability to forecast results to support credit union management in strategic decision making.
- Provide oversight of IRR reporting to ALCO the Board and for regulatory purposes through written reports utilizing Microsoft Word outlining results of model.
- Assess how credit unions IRR position has changed between models by utilizing key metrics such as earnings at risk (EAR) and economic value of equity (EVE).
- Evaluate credit unions changing profitability liquidity and capital position and identify key drivers of change (rates balance sheet trends etc.)
- Apply knowledge to provide credit unions guidance or recommendations on management of interest rate risk metrics profitability liquidity and capital management.
- Provide timely measurement of interest rate risk and enhance reporting to support effective decision making. Provide support for forward-looking discussions within ALCO. Ensure integrity of results and provide insights into results and explanation of drivers of change.
- Organize and facilitate debriefing calls with clients to review report findings recommendations and address questions.
- Participate in Asset Liability Committee (ALCO) meetings with senior members of credit union organizations providing insight into reporting results and recommendations.
- Develop forward looking rate or balance sheet scenarios to assess impacts to the credit union.
Assess and analyze simulation results while providing recommendations to senior management of credit union clients
Provide Consultancy Services to Credit Union clients
Research applicable credit union regulatory environments so that one can either improve Treasury Consulting core services or identify new areas to assist our clients with.
Provide Support to Treasury Consulting Team on ad hoc Engagements 30%
- Support training of Finance Analysts. Includes assisting with modeling assumptions and report reviews.
- Assist in under-writing applications for new or renewing credit union Secured Quick-line product. Entails analyzing the credit worthiness of credit unions and making recommendations on extending lines to the credit unions.
- Assist/lead in Treasury Consultings Liquidity Advisory Management Product. This entails working independently or with another member of the Treasury Consulting team to assist credit unions on ways to deploy excess liquidity.
- Assist with technology management working with other departments to trouble shoot software or assist in the implementation of new technologies.
- Continuously update knowledge of markets economic conditions and trends that may affect credit union balance sheets.
Lets Talk About You!
- University education with a focus on Finance or Business. Other certifications or Masters Degree or enrollment in an applicable program would be highly beneficial (i.e. CFA CPA MBA).
- Treasury experience preferred but individuals with a background within the financial industry may also be successful.
- Strong understanding of finance and treasury concepts (ie: general structure of bank/credit union balance sheets deposit and loan products general accounting concepts).
- Individual must have a keen personal interest in economic and financial environment (ie: knowledge of monetary/fiscal policy general interest rate environment deposit and loan market).
- Advanced financial modelling skills and creative problem-solving skills would be an asset. Must have a strong analytical aptitude and be very detail oriented.
- Key to success is effective research and analysis capabilities (i.e. the ability to analyze information to determine trends correlations and understand different regulatory environments).
- Superior technology skills with Excel and Word are necessary.
- An analytical aptitude with the ability to work independently or collaboratively are required.
- Individual should be inquisitive self-motivated and a self-starter with good time management skills. Strong ability to communicate with clients at Director levels or higher.
- Strong inter-personal skills and the ability to work with credit unions senior leadership (Executives such as CFOs/CEOs VP Director)
- 3-5 years experience in the financial services industry with experience in financial modeling and balance sheet management
What we offer For full-time permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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