Sr. Manager Bank Relationship and Payment Network

Corpay • Toronto, ON

2d • CA$133,000 - CA$140,000 • Onsite

About The Position

Corpay is currently looking to hire a Senior Manager, Bank Relationship and Payment Network, within our Treasury division. This position falls under our Corpay Cross Border line of business and is located in Toronto ON and London, England. Corpay’s Global Treasury function sits inside the Bank & Payment Rail Network team led by the Head of Bank & Payment Rail Network. The role is accountable for managing and deepening Corpay's banking relationships, expanding the account and payment rail network, and owning the end-to-end account lifecycle and counterparty due diligence that underpin the function. It works in close partnership with Bank Operations on fee and performance data, and with Compliance on the onboarding and due diligence standards that govern higher-risk relationships.

Requirements

• 7+ years in treasury, banking operations, or financial services, with demonstrated experience in a global or multi-entity environment.
• Strong working knowledge of correspondent banking, payment rails, bank fee structures, KYC, and counterparty due diligence.
• Hands-on experience with regulated account operations, safeguarding, and reconciliation controls.
• Proven analytical capability across interest income optimization, fee analysis, and management reporting.
• Experience engaging senior internal stakeholders and external banking counterparties.
• Strong organizational and project management skills, with the ability to manage multiple workstreams concurrently.

Nice To Haves

• Familiarity with EMEA and Malta (MFSA) regulatory and safeguarding requirements.
• Experience supporting a bank steering or governance forum at committee level.
• Exposure to virtual account and payment scheme infrastructure alongside traditional correspondent banking.
• Relevant professional qualification in treasury, accounting, or banking.

Responsibilities

• Fostering and maintaining strong relationships with banking partners globally, supporting the Head of Bank & Payment Rail Network in expanding the company's account network and payment rail infrastructure.
• Serving as a senior relationship contact across the correspondent and partner bank network, conducting periodic business reviews and escalating relationship risks or opportunities.
• Supporting corridor and currency expansion by coordinating new banking relationships against the priorities set through the Bank Steering Committee roadmap.
• Overseeing the complete lifecycle of bank accounts, including onboarding, opening, maintenance, operations, and closure across multiple jurisdictions.
• Leading the onboarding of global entities into new jurisdictions, ensuring alignment with local regulatory and account opening requirements.
• Maintaining accurate records of the account estate and mandate structures, partnering with Bank Operations to keep network reference data current.
• Execute incoming KYC (Know Your Customer) processes and comprehensive counterparty due diligence across new and existing banking relationships.
• Work with Compliance, Legal & Regulatory Affairs to apply the appropriate due diligence standard to higher-risk relationships and to maintain supporting documentation.
• Coordinate periodic refresh and remediation cycles so that counterparty files remain complete and audit ready.
• Act as an active contributor to the Bank Steering Committee, preparing monthly business cases and strategic recommendations for committee review.
• Support the coordination of meetings across the banking sub-committees, ensuring alignment on strategic initiatives and operational priorities.
• Track decisions, action items, and follow-through across banking relationships and workstreams.
• Analyzing and optimizing interest income on cash balances across corporate accounts and negotiate competitive rates with banking partners to maximize yield.
• Conducting bank fee analysis and implement cost reduction strategies, sharing findings with Bank Operations to inform network governance and prioritization.
• Managing credit facility reporting, budget preparation, and audit support activities.
• Conducting semi-annual SOX Compliance User Access Reviews to ensure regulatory adherence.
• Ensuring safeguarding processes are maintained and all transactions are accurate and properly documented.

Benefits

• Comprehensive Benefits Package including, Medical, Dental, Vision and Paramedical benefits, as of day one
• Optional company match RRSP program
• Virtual fitness classes offered company-wide
• Time-off including major holidays, vacation, sick, personal, & volunteer time
• Discounted gym membership rate
• Philanthropic support with both local and national organizations
• Fun culture with company-wide contests and prizes

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed