Senior Treasury Analyst at Aviso Wealth

Vancouver, British Columbia, Canada -

Full Time

Start Date

Immediate

Expiry Date

13 Apr, 26

Salary

113000.0

Posted On

13 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Treasury Management, Financial Modeling, Analytical Skills, Quantitative Skills, Capital Markets, Interest Rate Derivatives, Hedge Accounting, Process Optimization, Client-Centric Solutions, Collaboration, Communication Skills, Attention to Detail, Time Management, Market Analysis, SQL, Bloomberg

Industry

Financial Services

Description

Aviso: At Aviso, we are dedicated to improving the financial well-being of Canadians. As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, and community. Working with talented and energetic professionals who exemplify our values every day, you will quickly notice that our people and dynamic ‘oneaviso’ culture sets us apart. If you are looking for interesting and challenging work, at a company committed to its people, find out more about what Aviso has to offer at www.aviso.ca. The Opportunity: We’re looking for a Senior Treasury Analyst, to join our Finance & Treasury Team. Reporting to the Director, Corporate Treasury, the Senior Treasury Analyst will manage day to day treasury operations for Aviso and its subsidiaries, manage banking and counterparty relationships to negotiate and solicit optimal treasury products and interest rates, develop and maintain treasury financial modelling, prepare annual treasury budget and periodic forecasts to support business decisions, and ensure investment policy compliance. The role offers the opportunity to contribute to the selection and successful implementation of a new Treasury system and build treasury strategies that support Aviso’s growth. Who you are: Service – You put your clients’ needs first. You advocate service excellence, and work to deliver client-centric solutions, and proactively develop strategic partnerships that allow Aviso Wealth to become a trusted advisor and partner Execution – You are committed to achieving your goals and to succeed. This includes focusing on “getting things done”, as well as recognizing and taking advantage of opportunities as they arise. You are consistently looking for ways to improve your personal best and see value in continuous improvement. You take accountability for your actions and learn from mistakes Collaboration – You work collaboratively with others with the common goal of driving positive results. Making meaningful contributions to your team to achieve organizational goals is a priority. You proactively encourage collaboration, build trust and inclusion, and work to establish effective relationships both inside and outside of the organization What your day looks like: Manage day to day cash management to ensure sufficient funding is available to support daily operations, clients’ margin loan borrowings, regulatory free client cash segregation requirements, counterparty collateral requirements, shareholders and Credit Unions’ dividend payment, and annual employees’ bonus payment. Ensure all SLAs are met Prepare and deliver accurate monthly treasury reports to external and internal stakeholders that include but not limited to Board of Directors, executive and senior management, and department leaders. Reports include treasury interest and FX income, variance and attribution analysis of actual results vs budgeted treasury income, measure the impact of active management of corporate investments, interest rate risk sensitivity and economic value of equity metrics, among others Challenge the status quo, streamline the processes to optimize efficiency and minimize errors due to manual processes Acquire a solid understanding of Aviso’s products and services, and trading activities across all business lines to identify levers and drivers of cash balances and optimize treasury income Develop and manage treasury portfolio model for fixed income securities, foreign currency derivatives and interest rate swaps to ensure market risk exposure stays within the investment policy limit and regulatory constraints; recommend, implement, and actively manage appropriate hedging strategies to mitigate interest rate risk Prepare and report on IFRS 9 hedge effectiveness testing on interest rate swap positions on a quarterly basis Manage relationships with Aviso’s capital market team, banks, Credit Unions and foreign currency counterparties to actively solicit more favourable yield on deposits, investments, and foreign exchange instruments to optimize Aviso’s treasury income Monitor daily and monthly MTM P&L and policy compliance on the treasury portfolio Monitor and report the regulatory capital measurement impact arising from Aviso’s investment and funding activities to VP Finance & Treasury and Director, Corporate Treasury Provide morning market update on interest rate movements – CDOR, SWAP, CORRA, OIS rates to senior management Prepare treasury income budgeting and forecasting to support business decisions for all business lines. Perform back-testing to refine the budgeting and forecasting methodologies Interact with counterparties and Internal trade desk to obtain market data and execute trade orders Support the Finance team on the financial reporting of treasury related activities Support the selection and implementation of a new Treasury system Your experience and skills: Bachelor’s degree, preferably in Finance, Accounting, Economics, or related field 7 years of experience in finance with 3+ years of relevant experience in a Treasury Analyst role. Experience in wealth management and asset management industry is an asset Experience in researching and analyzing green space opportunities and providing strategic insights is an asset A professional designation, e.g. Chartered Financial Analyst (CFA), Financial Risk Management (FRM) and/or Chartered Professional Accountant (CPA) or working towards a designation will be an asset Strong analytical and quantitative skills and judgment, with financial modeling experience on interest rate risk, liquidity risk, and forecasting Strong interest in capital markets, investment vehicles, stays current on market developments, industry trends, and emerging technologies Proficient in analyzing large volumes of data and extracting meaningful insights to support decision-making Familiar with interest rate derivatives and market conventions and hedge accounting under IFRS 9 Proficient in MS Excel and MS Office; experience with SQL and Bloomberg preferred Demonstrated ability to identify opportunities for process optimization and implement solutions Maintain accuracy and attention to detail in a fast-paced environment Collaborate effectively, share knowledge, and support team success Demonstrate business acumen, influence decisions, and build strong stakeholder relationships to drive impactful outcomes Customer service oriented to respond quickly and effectively to non-routine enquiries Fluency (written and spoken) in English is required and bilingual skills in French are an asset Excellent organizational and time management skills Ability to work well under pressure and with tight deadlines Why Aviso? At Aviso, you will find a dynamic and inclusive culture that rewards innovation and celebrates success. Here are a few things that set us apart: Competitive compensation package that rewards and recognizes individual contributions Excellent health, dental and insurance benefits to meet the diverse needs of our employees Generous vacation time, fitness benefit, parental leave top-up options Matching contributions to our retirement program Commitment to the continuous improvement of our staff through learning & development and an education assistance program Regular social events to foster teamwork Your Information By submitting your application, you consent to the collection, use, and disclosure of your provided personal information for the purposes of assessing your qualifications and suitability for employment with Aviso. Your information will be handled in accordance with applicable Canadian privacy laws, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and relevant provincial legislation. Your data may be shared with authorized personnel involved in the recruitment process and retained only as long as necessary to fulfill these purposes or as required by law. Further information is available on the Privacy link on our Career Page – Privacy Policies Equal Employment Opportunity Aviso welcomes and encourages applications from all qualified individuals including persons with disabilities. If you require an accommodation, we will work with you to meet your needs in all stages of the hiring process. We thank all applicants for their interest, however, only those selected for further consideration will be contacted. No recruiters or agencies, please. Company Overview: Aviso is a leading wealth management and investment services provider for the Canadian financial industry, with approximately $145 billion in total assets under administration and management, and over 1,000 employees. We’re building a comprehensive, technology-enabled, client-centric wealth services ecosystem. Our clients include our partners, advisors, and investors. We’re a trusted partner for nearly all credit unions across Canada, in addition to a wide range of portfolio managers, investment dealers, insurance and trust companies, and introducing brokers. Our partners depend on Aviso for specific solutions that give them a competitive edge in a rapidly evolving, highly competitive industry. Our investment dealer and mutual fund dealer and our insurance services support thousands of investment advisors. Our asset manager, NEI Investments, specializes in investing responsibly. Our online brokerage, Qtrade Direct Investing®, empowers self-directed investors, and our fully automated investing service, Qtrade Guided Portfolios®, serves investors who prefer a hands-off approach. Aviso Correspondent Partners provides custodial and carrying broker services to a wide range of firms. We have offices in Toronto, Vancouver, Montreal, and Winnipeg. Aviso is backed by the collective strength of our owners: the credit union Centrals, Co-operators/CUMIS, and Desjardins. We’re proud to power businesses that empower investors. A career with Aviso means being part of a group of talented, energetic professionals who live their values every day, and belonging to an organization dedicated to your success and career development. If you’re looking for interesting and challenging work, at a company committed to its people, apply to join our team. Salary This position is posted with an expected salary range of $93,000 - $113,000 CAD annually. Individual compensation packages are based on various factors unique to each candidate and the requirements of the position.

Responsibilities

The Senior Treasury Analyst will manage day-to-day treasury operations and banking relationships, develop financial models, and prepare treasury budgets and forecasts. The role also involves ensuring compliance with investment policies and contributing to the implementation of a new Treasury system.