Manager, Capital & Liquidity Management

Wealthsimple Technologies

1d • Hybrid

About The Position

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.

Requirements

• 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

Responsibilities

• Lead 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
• Lead the contingent funding plan design, implementation and testing
• Be responsible for Wealthsimple’s capital and liquidity policies and frameworks
• Support planning, forecasting, effective allocation and optimization.
• Responsible for Wealthsimple’s overall Treasury risk management including capital & liquidity risk identification, risk assessment, monitoring and reporting and proactive management
• 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

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year
• Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees