Director, Treasury Risk Management

Our Story & Purpose:

WereVancity a member-owned credit union built on the principles of inclusion and social justice. Since 1946 our relentless commitment to these values has helped us challenge the status quo and break down bold commitments to become net-zero by 2040 across all mortgages and loans andwereactively pursuing strategies in Indigenous banking and financial resilience for our members.

As the largest private sector Living Wage Employer in Canadawereproud to be consistently recognized as one of the countrys Top Employers. Ifyoureready to join our team of 2700 diverse individuals access competitiverewardsand benefits and be part of a greater movement - apply today!â

Your Role in Supporting Our Members:

As the Director Treasury Risk Management you will lead the second line oversight of all market risks arising from Treasury activities including interest rate risk in the banking book (IRRBB) liquidity risk FX risk and other capital markets exposures acrossVancitysbalance willbe responsible fordesigning and implementing robust risk measurementandmonitoringframeworksfrominception while providing independent review and challenge of Treasury strategies and activities.

This role reports directly to the VP Risk Management Finance & Treasury (RMFT) and is foundational to the development ofVancitysnewly established Finance & Treasury Risk function. You will work closely with Treasury Finance and senior leadership to provide independent review challenge and insight into strategies affectingVancitysfinancial sustainability risk appetite and regulatory compliance.

This is a Full-time Permanentrole based at ourVancityhead office. While the position supports a hybrid work arrangement you willbe requiredto attend in-person meetings events and collaborative sessions as part of building a new functional area inVancitysRisk Management function.

How Youll Makean Impact:

• Designing implementing andmaintainingcomprehensive market risk measurement frameworks (IRRBB liquidity FX credit spread and other market risks) including stress testing and scenario analysis building these capabilities from scratch

• Leading and developing a team of Treasury Risk Management analysts fostering a collaborative culture aligned withVancitysvalues

• Monitoring andvalidatinghedge accounting processes including hedge effectiveness testing and documentation

• Providing compliance and portfolio risk oversight for Treasury investment portfolios ensuring adherence to investment policies and risk limits

• Overseeing the development and validation of Funds Transfer Pricing (FTP) methodologies and frameworks

• Monitoring trading and portfolio management activities for compliance with risk appetite and limits

• Conducting counterparty risk assessments including approval monitoring and limit setting

• Providing independent review and challenge of Treasury pricing trading and investment strategies balancing financial sustainability withVancityscommunity mission

• Preparing independent second-line reporting and insights for ALCO senior leadership and regulatory submissions

• Collaborating with Finance and Treasury to ensure alignment between risk oversight and business strategy

• Influencing risk culture across the organization through partnership transparency and thought leadership

WhatYoullBring tothe Team:

• A degree in Finance Economics Accounting or a related field;certificationssuch as CFA FRM or CPA are strong assets

• 8-10 years of progressive experience in Treasury Market Risk or Financial Risk Management roles within a regulated financial institution

• Deepexpertisein asset-liability management (ALM) and balance sheet risk including liquidity IRRBB and capital management frameworks

• Strong knowledge of regulatory expectations (OSFI BCFSA Basel III) and experience developing compliant risk frameworks and governance structures

• Proven ability to interpret and challenge complex risk methodologies and to translate technical findings into clear actionable insights

• Demonstrated success in leading and developing teams fostering inclusion collaboration and accountability

• A proactive values-driven mindset with a commitment to integrity inclusion and prudent risk management

YoullThrive Here If You Are:

• Strategic and forward-thinking You see the big picture andanticipateemergingrisks connecting dots across Treasury Finance and enterprise priorities.

• Analytical and disciplined You apply rigor to financial and risk analysis ensuring accuracy clarity and sound judgment in every recommendation.

• Collaborative and influential You build trusted relationships across functions guiding decisions throughexpertise transparency and partnership.

We value lived experience so if you are interested in this role we encourage you to apply even if you feel your skillsdontperfectly align with those listed.ââ

WhatYoullEarn:

This role offersasalaryrangeofâ$121000to $181200 offered may vary depending on factors such as relevant qualifications skillspreviousexperience and internal equity. As part of our total rewards package employees may also be eligible for our annual incentive program subject to program eligibility requirements.

WhyYoullLove Working Here:

A career atVancityis more than just ajobyourejoining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

• Living Wage Employer:Werethe largestprivate-sectorLiving Wage Employer in Canada and consistently ranked among Canadas Top Employers.

• Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.

• Generous Vacation: New employees start with 3-4 weeks of vacation per year withadditionaldays earnedover time.

• Extra Stat Holidays: In addition to BCs 11statutory holidays we offer2extra days plus care days for personal or family illness.

• Immediate Health Coverage: Health and dental benefits begin on your hire date with three levels of coverage to choose from.

• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life recognizing that retirement looks different for everyone.

â
VancityTalent Programs:

Vancitysupports an inclusive hiring process for candidates who self-identify as Indigenous Black or Trans. With special permission from the BC Human Rights Commissioner this initiative provides access to career development opportunities prioritized job screening and feedback. Any information you choose to share will be stored securely and used onlyfor recruitment and career development connected to this initiative in line with the BC Personal Information Protection Act (PIPA). For details please see our dedicated Talent Programs job posting.

AtVancitywerecommitted to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can trulyrepresent understand and respond to our community needs anddeliver onour memberexperience.

We arealsocommitted to an inclusive barrier-freeand accessible recruitment experience for all candidates. If yourequireany accommodations or support at any stage of the recruitment process (including the application stage) we encourage you to let us know by contacting our Talent Acquisition team at to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality so you canparticipatefully in the process.

Required Experience:

Director