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In this role, you will be a key member of the Cash Management team, responsible for the daily forecasting of cash flows and ensuring the bank maintains sufficient collateral for the CAD Payment System. Your primary objective is to flatten the Bank’s settlement account with the Bank of Canada each night. This is a high-visibility opportunity for a finance professional to deepen their expertise in Treasury and Balance Sheet Management.
Job Responsibility:
Cash Flow Forecasting: Gather and analyze daily CAD and USD cash flow information from various internal sources to project accurate closing balances
Market Trading: Invest and fund the Bank’s CAD and USD accounts by trading in the end-of-day interbank market
Liquidity Management: Monitor and explain Intraday Liquidity usage and 'Start of Day' positions to ensure operational efficiency
Collateral Oversight: Ensure sufficient collateral levels are maintained to settle large, critical payment obligations
Investigation & Reconciliation: Investigate unexpected changes in cash balances to reconcile settlement positions with the Bank of Canada
Cross-Functional Liaison: Act as a bridge between Cash Management, Intraday Liquidity, and Payment Teams to optimize real-time cash management and enhance system capabilities
Industry Engagement: Represent the team in industry forums and committees as required
Requirements:
Post-secondary degree in Finance, Business, Risk, or a related field
3–5 years of professional experience in Finance, Treasury, or Payments
3+ years of experience in trend analysis and advanced analytical thinking
Advanced knowledge of the MS Office Suite (Excel, PowerPoint, Word)
Proven ability to work well under pressure and meet tight daily deadlines
Superior verbal and written communication skills
Ability to manage interactions with strong personalities and diverse internal/external stakeholders
Nice to have:
Knowledge of AI tools is considered a strong asset
Strong new graduates with relevant internship experience or an accounting background may be considered
What we offer:
Impactful Work: Play a critical role in the bank’s daily liquidity and settlement operations
Collaborative Environment: Work within a specialized, high-performing team of four where 'shadowing' and hands-on training are prioritized