Your career is an investment that grows over time!
Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 4 million users who trust us with more than $50 billion in assets.
Our teams ship often and make an impact with groundbreaking ideas. We’re looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.
As a Manager, Capital & Liquidity Management, you will report to the Director, Capital & Liquidity Management and work as a strategic partner within the Treasury team and interact directly with the broader Finance functions (FP&A and Accounting), Product, Operations, Data Science and key functional leaders within Wealthsimple to support effective and efficient capital & liquidity management. As a trusted advisor, you will provide advice and collaborate with leaders in product, operations, trading, finance, legal, regulatory & compliance to find creative solutions to difficult problems. You are adaptable, flexible, and thrive in a collaborative, innovative environment where two days rarely look the same.
In this role you’ll have the opportunity to:
- Be responsible for Wealthsimple’s capital and liquidity policies and frameworks
- Responsible for Wealthsimple’s overall Treasury risk management including capital & liquidity risk identification, risk assessment, monitoring and reporting and proactive management
- Lead the contingent funding plan design, implementation and testing
- Drive review and assessment of key liquidity and capital assumptions to optimize financial resources while considering potential risks & vulnerabilities
- Act as subject matter expert for Treasury modeling, stress testing and scenario design
- Drive establishment of capital allocation framework and optimization strategies
- Identify asset liability management metrics to monitor and improve balance sheet efficiency and overall performance
- Monitor internal and external factors to keep within our balance sheet exposure appetite and perform periodic review and recalibration to assess thresholds/limits
- Have full understanding of capital structure, funds flow and support new initiatives and ad-hoc analysis including peer benchmarking
- Support planning, forecasting, effective allocation and optimization.
- Support the capital and liquidity planning effort to ensure optimal positions for each material legal entity through close collaboration with data science, FP&A, product leaders and regulatory reporting teams
We’re looking for someone who has:
- 5-7 years of broad Treasury/Finance experience with focus on balance sheet management and financial resource optimization
- A passion for technology, specifically fintech
- Prior experience in financial modeling, stress testing, planning & forecasting, drafting policies & frameworks
- Deep understanding of liquidity risk, capital adequacy and risk management
- Knowledge of capital structure and effective balance sheet management
- Understanding of regulatory requirements for a Canadian broker-dealer
- Effective communication skills that are tailored to different audiences
- Self-motivated, independent and collaborative individual that is solution and detail oriented