Manager, Liquidity and Short Term Investment , 18 month maternity leave coverage-(Hybrid)

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients developing strategies products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information visit .

What we offer:

• Work-life flexibility

• Hybrid workenvironment

• Variable annual incentive plan

• Generous annual vacation allotment

• Top-notch flexible benefits planincluding family building and gender affirmation

• Retirement Plan matched contributions at 6%

• Access toa learning platform and educational assistancesupport

• Access to a virtual wellness platform

• Career development opportunities

• Wellness Flex Fund to support personal interest and activities

• Day off to volunteer in your community andother paid time off options

• Corporate discounts

*subject to employment agreement

Job Summary:

We are looking for a Liquidity and Short-Term Investment Manager for an 18-month maternity term offering a pivotal opportunity to lead intraday liquidity management for Central 1 and its this role you will drive cash flow forecasting optimize short-term assets and liabilities and ensure strong working capital and liquidity positions in a dynamic financial environment. Youll take ownership of strategic collateral management for payments and funding applying deep expertise in the Large Value Transfer System (Lynx) and evolving payment rails. As a key contributor to the Treasury & Portfolio Management team youll play a critical role in optimizing capital strengthening financial resilience and serving as the go-to expert on high-impact cross-functional initiatives and system projects.

What youll be doing:

• Lead the strategy and execution of short-term liquidity management across CAD and USD accounts ensuring prudent cash levels based on market conditions
• Optimize returns by actively managing short-term borrowing and investments in line with internal policies in close collaboration with the Liquidity & Portfolio Management team
• Oversee Receiver General auction participation maintain key relationships and manage operational aspects of Bank of Canada emergency liquidity programs.
• Manage and trade a large-scale repo program including market-making for credit unions and funding activities with advanced collateral management (>$1B including rehypothecation)
• Execute and price a range of capital market instruments including money markets bonds (FRNs) MBS and FX partnering with internal teams and external dealers.
• Represent Central 1 across domestic and international banking and investment communities maintaining strong relationships with regulators Payments Canada and credit union partners
  

Payments & Modernization

• Serve as the lead treasury contact for payments with deep expertise in the Lynx platform including daily liquidity and collateral management (HABS)
• Oversee liquidity management for the National Intergroup System and support Group Clearer arrangements in partnership with internal stakeholders
• Represent Central 1 on Payments Canada committees (FRG CMC LTWG) and participate in required testing including default and contingency exercises
• Drive payments modernization initiatives including Real-Time Rail (RTR) Future State of Batch Processing (FSBP) and related development and testing

What youll have:

• Masters level degree in Finance from a recognized Canadian University
• CFA designation preferred combined with at least ten years of related experience in a financial institution or investment brokerage
• Advanced computer skill in using Excel VBA and Python in terms of financial modelling
• Expert knowledge of the Canadian Payments Systems and Payments Canada Regulations
• Excellent interpersonal communications and collaboration skills
• Self-motivated and intellectually curious
• Demonstrated ability to work and think both independently and as part of a team
• Ability to represent and serve the organization at all levels as well as interact with customers and clients outside the organization
• Excellent organizational and project management skills with ability to manage multiple tasks with competing priorities

Salary range: $95000-$115000 (per annum)

The salary range representsthe job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge skills qualifications experience and education/training.

#LI-Hybrid

Central 1 does not use Artificial Intelligence (AI) technology to screen assess or select applicants during our recruitment process. This job posting is for an existing specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.