Senior Consultant, Capital and Reserve Management

Our Story & Purpose:

Were Vancity 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 barriers. Weve made bold commitments to become net-zero by 2040 across all mortgages and loans and were actively pursuing strategies in Indigenous banking and financial resilience for our members.

As the largest private sector Living Wage Employer in Canada were proud to be consistently recognized as one of the countrys Top Employers. If youre ready to join our team of 2300 diverse individuals access competitive rewards and benefits and be part of a greater movement - apply today!

Your Role in Supporting Our Members:

As a Senior Consultant Capital and Reserve Management you will play a critical role within our Finance Division and Treasury Department ensuring Vancity maintains a prudent resilient and optimized balance sheet. You will lead the development analysis and operation of capital and reserve models support regulatory ICAAP processes and translate complex financial regulatory and macroeconomic data into insights that guide executive and Boardâlevel decision-making.

Were looking for a highly analytical detailâoriented finance professional with deep expertise in capital adequacy credit loss allowance modeling and risk quantification within a financial institution context.

This is a Full-time Permanent role based at our Vancity head office and will report directly to the VP Treasury. While this position provides a hybrid work arrangement you will be expected to be on-site for events and business demands.

How Youll Make an Impact:

• Leading the development enhancement and maintenance of capital and reserve models that quantify organizational risk
• Supporting OSFI and BCFSA regulatory ICAAP processes and producing capital-at-risk assessments for Pillar 1 and 2
• Incorporating financial accounting and macroeconomic inputs into risk and capital models to enable credible reporting
• Identifying balance sheet exposures and interest rate risks and providing recommendations within the enterprise risk framework
• Performing scenario analysis and stress testing to inform capital adequacy and business decisions
• Determining appropriate loan loss allowances according to IFRS standards and maintaining related financial controls
• Providing accurate and timely management reporting and subjectâmatter expertise to internal stakeholders
• Collaborating across Finance Risk (2nd LOD) Credit Risk Enterprise Risk Liquidity Visa and other business areas to support integrated risk management

What Youll Bring to the Team:

• Bachelors degree in Finance Accounting Economics Mathematics or related discipline
• 5 years of experience in treasury capital management enterprise risk financial modeling or related areas within a financial institution
• Strong knowledge of OSFI and/or BCFSA capital adequacy frameworks ICAAP and regulatory expectations
• Experience developing or maintaining capital risk or credit loss (ECL) models
• Proficiency with IFRS and financial controls related to loan loss allowances
• Advanced analytical and quantitative skills with experience applying macroeconomic and financial assumptions to modeling
• Strong communication skills to translate complex financial concepts for executive and Board audiences
  
  

Extra Skills That Set You Apart:

• Professional designations such as CPA CFA FRM or similar
• Experience with scenario analysis and stress testing methodologies
• Familiarity with credit union or bank balance sheet structure and associated risk drivers
  
  

Youll Thrive Here If You Are:

• Analytical Skilled at interpreting complex financial data and identifying meaningful insights to guide decisions.
• Detailâoriented Able to maintain accuracy and rigor in model development and reporting.
• Collaborative Effective working across diverse teams and subject-matter groups.
• Strategic Able to understand the enterprise-level impact of capital and risk modeling.
  

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

What Youll Earn:

This role offers a salary range of$86400 to $101600 per annum. The base pay offered may vary depending on factors such as relevant qualifications skills previous experience 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.

Why Youll Love Working Here:

A career at Vancity is more than just a job youre joining 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: Were the largest private-sector Living 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 with additional days earned over time.
• Extra Stat Holidays: In addition to BCs 11 statutory holidays we offer 2 extra 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.

Vancity Talent Programs:

Vancity supports 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 only for 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.

At Vancity were committed 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 truly represent understand and respond to our community needs and deliver on our member experience.

We are also committed to an inclusive barrier-free and accessible recruitment experience for all candidates. If you require any 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 Were here 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 can participate fully in the process.

Required Experience:

Senior IC