Manager, Liquidity and Short Term Investment , 18 month maternity leave coverage-(Hybrid)

Central 1•Vancouver, BC

10d•Hybrid

About The Position

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. We are looking for a Liquidity and Short-Term Investment Manager for an 18-month maternity term, offering a pivotal opportunity to lead intraday liquidity management for Central 1 and its affiliates. In this role, you will drive cash flow forecasting, optimize short-term assets and liabilities, and ensure strong working capital and liquidity positions in a dynamic financial environment. You’ll take ownership of strategic collateral management for payments and funding, applying deep expertise in the Large Value Transfer System (Lynx) and evolving payment rails. As a key contributor to the Treasury & Portfolio Management team, you’ll play a critical role in optimizing capital, strengthening financial resilience, and serving as the go-to expert on high-impact, cross-functional initiatives and system projects.

Requirements

Masters level degree in Finance from a recognized Canadian University
At least ten years of related experience in a financial institution or investment brokerage
Advanced computer skill in using Excel, VBA and Python in terms of financial modelling
Expert knowledge of the Canadian Payments Systems and Payments Canada Regulations
Excellent interpersonal, communications and collaboration skills
Self-motivated and intellectually curious
Demonstrated ability to work and think both independently and as part of a team
Ability to represent and serve the organization at all levels as well as interact with customers and clients outside the organization
Excellent organizational and project management skills with ability to manage multiple tasks with competing priorities

Nice To Haves

CFA designation preferred

Responsibilities

Lead the strategy and execution of short-term liquidity management across CAD and USD accounts, ensuring prudent cash levels based on market conditions
Optimize returns by actively managing short-term borrowing and investments in line with internal policies, in close collaboration with the Liquidity & Portfolio Management team
Oversee Receiver General auction participation, maintain key relationships, and manage operational aspects of Bank of Canada emergency liquidity programs.
Manage and trade a large-scale repo program, including market-making for credit unions and funding activities, with advanced collateral management (>$1B, including rehypothecation)
Execute and price a range of capital market instruments, including money markets, bonds (FRNs), MBS, and FX, partnering with internal teams and external dealers.
Represent Central 1 across domestic and international banking and investment communities, maintaining strong relationships with regulators, Payments Canada, and credit union partners
Serve as the lead treasury contact for payments, with deep expertise in the Lynx platform, including daily liquidity and collateral management (HABS)
Oversee liquidity management for the National Intergroup System and support Group Clearer arrangements in partnership with internal stakeholders
Represent Central 1 on Payments Canada committees (FRG, CMC, LTWG) and participate in required testing, including default and contingency exercises
Drive payments modernization initiatives, including Real-Time Rail (RTR), Future State of Batch Processing (FSBP), and related development and testing

Benefits

Work-life flexibility
Hybrid work environment
Variable annual incentive plan
Generous annual vacation allotment
Top-notch flexible benefits plan including family building and gender affirmation
Retirement Plan, matched contributions at 6%
Access to a learning platform and educational assistance support
Access to a virtual wellness platform
Career development opportunities
Wellness Flex Fund to support personal interest and activities
Day off to volunteer in your community and other paid time off options
Corporate discounts subject to employment agreement
Comprehensive compensation structure consisting of a competitive base salary and individual and company-wide annual incentive
Matched contributions for your retirement plan
Top-notch benefits plan