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.
Advantages
...
•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.
Responsibilities
•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.
Qualifications
•Education: Post-secondary degree in Finance, Business, Risk, or a related field.
•Experience: 3–5 years of professional experience in Finance, Treasury, or Payments. (Strong new graduates with relevant internship experience or an accounting background may be considered).
•Analytical Skills: 3+ years of experience in trend analysis and advanced analytical thinking to navigate complex financial products.
•Technical Proficiency: Advanced knowledge of the MS Office Suite (Excel, PowerPoint, Word). Knowledge of AI tools is considered a strong asset.
•Soft Skills: * Proven ability to work well under pressure and meet tight daily deadlines.
oSuperior verbal and written communication skills.
oAbility to manage interactions with strong personalities and diverse internal/external stakeholders.
Summary
This is a high-visibility opportunity for a finance professional to deepen their expertise in Treasury and Balance Sheet Management. If you are an analytical thinker with a sharp eye for detail and the ability to navigate the complexities of intraday liquidity, we want to hear from you.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
This posting is for existing and upcoming vacancies.
show more
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.
Advantages
•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.
Responsibilities
•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.
Qualifications
•Education: Post-secondary degree in Finance, Business, Risk, or a related field.
•Experience: 3–5 years of professional experience in Finance, Treasury, or Payments. (Strong new graduates with relevant internship experience or an accounting background may be considered).
•Analytical Skills: 3+ years of experience in trend analysis and advanced analytical thinking to navigate complex financial products.
•Technical Proficiency: Advanced knowledge of the MS Office Suite (Excel, PowerPoint, Word). Knowledge of AI tools is considered a strong asset.
•Soft Skills: * Proven ability to work well under pressure and meet tight daily deadlines.
oSuperior verbal and written communication skills.
oAbility to manage interactions with strong personalities and diverse internal/external stakeholders.
Summary
This is a high-visibility opportunity for a finance professional to deepen their expertise in Treasury and Balance Sheet Management. If you are an analytical thinker with a sharp eye for detail and the ability to navigate the complexities of intraday liquidity, we want to hear from you.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
This posting is for existing and upcoming vacancies.
show more
