Job Description

Senior Manager or Senior Expert – Liquidity and Funding Risk Management

Location: Montreal or Toronto

Role Overview

As a Senior Manager or Senior Expert in Liquidity and Funding Risk Management, you will be responsible for identifying, analyzing, and managing internal and external risk factors impacting the institution’s balance sheet, funding strategy, and liquidity profile. You will ensure strong governance, challenge liquidity assumptions and models, and contribute to maintaining a resilient and well-managed balance sheet under both normal and stressed conditions.

Key Responsibilities

• Liquidity and Treasury Expertise: Analyze core banking and capital markets products and assess their impact on liquidity and funding risk management.
• Liquidity and funding stress scenarios framework: Actively participate in development of new and enhancement of existing liquidity and funding stress scenarios.

• Governance and documentation: Be a key player in the establishment, enhancement and maintenance of comprehensive documentation related to liquidity and funding risk management activities.

• Model Investigation: Investigate liquidity models and stress assumptions to ensure alignment with business realities and funding structures.
• Process and Tool Enhancement: Build, maintain, and improve analytical tools that measure and monitor liquidity risk exposures.
• Balance Sheet and Cash Flow Analysis: Apply financial expertise to interpret asset and liability cash flow projections under various liquidity scenarios.
• Framework Implementation: Support the development and maintenance of enterprise-wide liquidity and funding risk management frameworks and policies.
• Risk Appetite Monitoring: Ensure liquidity exposures are actively monitored and managed within defined risk appetite limits.
• Emerging Risk Monitoring: Identify new and emerging trends in liquidity and funding markets to proactively inform decision-making.
• Independent Oversight: Provide strong second-line challenge and oversight of liquidity and funding risk management practices.
• Executive Reporting: Develop clear, insightful executive reporting to enhance governance and supervision of liquidity risk.
• New Product Review: Evaluate liquidity cost, benefit, and risk impacts as part of the new product approval process.

Qualifications

• Education:
  • Bachelor’s degree in Finance, Economics, Risk Management, or a related field, with 10+ years of relevant experience.
  • OR a Master’s degree in a related field with 8+ years of experience.
  • Other equivalent combinations of education and experience may be considered.
• Technical and Analytical Skills:
  • Strong analytical skills with the ability to investigate and interpret complex financial data.
  • Advanced MS Office skills; SQL knowledge is considered an asset.
• Banking and Regulatory Knowledge:
  • Deep understanding of capital markets and core banking products.
  • Solid grasp of Canadian regulatory frameworks for liquidity risk management.
• Leadership and Collaboration:
  • Demonstrated leadership experience and ability to build effective partnerships across Treasury, Risk, Finance, and business lines.
• Communication and Reporting:
  • Excellent verbal and written communication skills; ability to convey technical liquidity risk concepts to executive stakeholders.
• Priority and Problem Solving:
  • Strong multitasking skills with the ability to manage competing priorities effectively.

Why Join?

You will play a critical role in safeguarding the institution’s liquidity and funding position, helping to maintain financial stability and strategic flexibility in an evolving market environment.