Finance Analyst

Finance Analyst

ProViso Consulting

Selling Points of Position:
• Exposure to client treasury transition project
• Best Vs Average Candidate: prior treasury experience, understanding of transition and changes.
• How will performance be measured: successfully delivering project

Summary of day to day responsibilities:
• Senior Treasury Analyst, Closed Balance Sheet BRR (STA)

Overview of Responsibilities
• The Senior Analyst will act as the subject matter expert representing CBS in FTP Migration to SOFR-based Transfer Pricing project and will work extensively with FTP groups, other TBSM functions, project and technology teams.

Key Responsibilities of this position include:
• Act as an SME in FTP Migration to SOFR project for multiple deliverables and ensure scope is achieved
• Perform comprehensive analysis of the impacts to CBS reporting and margin differential calculations
• Work with CBS team members to develop and document business requirements for changes to existing reporting and to implement new reporting where necessary to support team objectives
• Partner with project team and technology to develop and implement the enhanced reporting requirements
• Conduct business acceptance and other relevant testing tests to make sure result variances are explained
• Provide updates on the project, and present to all levels of the organization, including senior management
• Support other TBSM teams by providing expertise on banking product features and project expectations
• Engage multiple stakeholders to understand the process implications and manage the change delivery
• Develop and foster a positive working relationship with partners and project stakeholders
• Create an extraordinary place to work by developing and motivating other team members

Department Overview:
• The Treasury and Balance Sheet Management (TBSM) department of client is responsible for overseeing the management of client Canadian and US P&C: non-trading market risk, consolidated liquidity risk and consolidated capital position.
• Culture: TBSM prides itself on fostering a culture which focuses on development, open mindedness, sharing team successes, partnerships & value add initiatives. Emphasis is especially placed on developing our people by fostering a teaching culture & valuing diversity.
• The Closed Balance Sheet (CBS) team collaborates with multiple TBSM stakeholders to identify, quantify & determine root causes for any deviation to the Funds Transfer Pricing (FTP) framework and the resolution of structural balance sheet measurement discrepancies. CBS can be thought of as the finance lead (think CFO) for treasury: explaining results, P&L implications, and more generally the analysis of structural balance sheet issues. This role will be instrumental in facilitating and understanding the implications to TBSM’s results reporting of the BRR project and specifically the transition of transfer pricing on a LIBOR bases to a SOFR basis.

Qualifications:
• Post-secondary degree
• MBA, CFA considered assets

Familiarity with:
• Principles of asset/liability management, capital markets, and how Treasury delivers value
• TBSM processes and how they interconnect
• The features and characteristics of retail banking products
• FTP concepts and their application to P&C banking products.

Experience with:
• Mapping-out/re-engineering processes and work flows, including associated change management
• Communicating with all levels of the organization, including senior management
• Managing projects, gathering & analyzing business requirements and explaining requirements to system developers
• Managing cross functional teams to deliver key initiatives
• Simplifying complex concepts and business results in terms understandable by audiences with varied backgrounds & seniority levels

Competencies and Personal Qualities:
• Excellent interpersonal and communication skills
• Quick to learn and apply new concepts
• Demonstrated strong analytical abilities
• Ability to teach skills and concepts to colleagues
• Approach responsibilities with diligence and initiative, taking ownership of issues to ensure successful outcomes
• Strong organizational skills with an ability to prioritize and manage competing initiatives
• Challenge the status quo and exhibit a forward-looking mindset to identify enhancement opportunities that are efficient and scalable

Must have:
• 1+ years of experience with Treasury.
• Mapping-out/re-engineering processes and work flows, including associated change management
• strong analytical skills
• Knowledge of P&C Banking products

Nice To Have:
• Exp with analytical tools (Tableau or similar)

Job Details

6349

Contract

10 Months

Toronto

 





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