Manulife Bank of Canada (MBC the Bank) is a forward-thinking bank on a robust growth success combines unique banking products and the latest technology to attract a new generation of clients. With the agility of a small bank but the market reach of one of Canadas largest companies we are well positioned to continue our disruption of the banking industry.
Are you looking for a role where you will have a direct impact on the companys strategies Do you want an opportunity to develop and grow your banking career Are you ready to challenge yourself This position might be exactly what you are looking for!
The Manager Liquidity Risk Management and Treasury Operations role at Manulife Bank offers a strong opportunity for an experienced finance and treasury professional to support the banks profitability while managing liquidity risk within appetite. Reporting to the Director Market Risk Management the role ensures robust treasury processes and supports growth objectives. The ideal candidate will have deep expertise in liquidity risk advanced data analysis skills (including Excel) and prior experience leading a banks liquidity or interest rate risk function.
Position Responsibilities:
Lead liquidity risk management by overseeing the calibration and updating of risk models reporting monthly and quarterly liquidity metrics to OSFI and the management team and regularly reviewing the banks liquidity status to ensure accurate forward-looking forecasts and maintain risks within the defined risk appetite.
Consult with the banks product and yield management teams and advise on pricing and product strategies as required while also execute Treasury funding and assist with the banks hedging program and execute interest rate swaps and bond forward transactions as required.
Manage the production of the monthly ALCO reporting package ensuring consistency and completeness of key information preparing accurate commentary to aid in understanding key risks and reviewing and recommending updates to policies procedures and modeling assumptions to the treasury leadership team and ALCO.
Research and provide recommendations for process/policy changes related to key OSFI and other regulatory standards related to market risk including (but not limited to) the OSFI Liquidity Adequacy Requirements (LAR) guideline.
Provide backup coverage to analysts responsible for monthly liquidity risk management reporting cash management rate changes and reporting tasks while also mentoring them to enhance their technical knowledge in market risk management concepts.
Engage with the Financial Risk Oversight team and support internal and external auditors to ensure that key policies procedures and modelling assumptions are subject to appropriate review and oversight.
Promote timely data-driven decisions both within the Treasury Team and the larger Bank by driving operational efficiencies through automation using key technologies (Excel VBA SQL Python).
Drive critical initiatives that will expand the Banks product and service offerings.
Required Qualifications:
Undergraduate degree in Finance Economics Accounting or another quantitative field.
Typically 5 years experience working in a liquidity risk function in the banking sector is required.
Previous treasury operations experience would be considered a significant asset.
Proficiency in data analytics using advanced Excel features and programing/coding skills (e.g. SQL Power Apps Python) would be considered a strong asset.
Accuracy attention to detail and sound judgment are a must.
An standout team member with a proven ability to effectively manage internal relationships through collaboration within the department and across business divisions.
High degree of flexibility and creativity is required; must be able to adapt to a constantly changing environment and to develop and update financial procedures and processes to meet such changes.
Strong business insight with a good understanding of the business environment in order to provide meaningful analysis and recommendations to the Treasury leadership team and ALCO.
Preferred Qualifications:
CFA and/or FRM designation would be considered a significant asset.
Strong interpersonal communication and organizational skills and the ability to work within a variety of group settings.
Always curious and willing to ask questions explore areas for improvement
When you join our team:
Well empower you to learn and grow the career you want.
Well recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team well support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer
At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .
Referenced Salary Location
Toronto OntarioWorking Arrangement
Salary range is expected to be between
$86250.00 CAD - $155250.00 CADIf you are applying for this role outside of the primary location please contact for the salary range for your location. The actual salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife offers eligible employees a wide array of customizable benefits including health dental mental health vision short- and long-term disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays vacation personal and sick days and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S. please contact for more information about U.S.-specific paid time off provisions.
Required Experience:
Manager
Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.