Manager, Treasury Services and Banking

CIBC Mellon


Date: 8 hours ago
City: Toronto, ON
Contract type: Full time
Responsibilities

Treasury Operations:

  • Manage all aspects of the administration of daily trading settlement activities, cash flows, reconciliations and reporting of both Treasury managed portfolios and the Canadian Dollar Liquidity Fund.
  • Review the daily net interest income reporting and support the month end closing
  • Develop and maintain proper internal controls to mitigate risk
  • Develop and maintain Treasury policies and procedures.

Banking

  • Take ownership over all bank account records by ensuring the mater list is up to date, as well as signatories and service agreements
  • Oversees and leads the setup of new banking services for all business units, as well as act as an escalation point of contact for any trouble shooting
  • Assist in the resolution of bank related transactional issues and the implementation of new banking products, and services across the organization
  • Backup the Director of Treasury Services for any Treasury related issues
  • Other duties as assigned

Regulatory

  • Lead and coordinate filings and remittance of dormant deposit balances to Bank of Canada.
  • Lead and coordinate filings for the securities commissions related to the Canadian Dollar Liquidity Fund.
  • Ensures compliance with CDIC’s Data and System Requirements By-law by performing ongoing testing of systems and reports
  • Acts as a subject matter expert and keeps up to date with any changes to CDIC’s Joint and Trust Disclosure and By-Laws to ensure compliance
  • Completes quarterly testing of CDIC FID process to ensure compliance with annual submission
  • Manages the CDIC Trust letter distribution process by liaising with Legal, Compliance and Relationship Management
  • Calculates the CDIC insurable balance and premium semi-annually for submission to CDIC and Quebec regulator

Qualifications

  • 5-10 years treasury/banking experience dealing with cash management products and regulatory reporting.
  • University degree in Business Management or Finance
  • CPA designation as well as Canadian Securities Course completion or enrolment, CTP designation an asset
  • Understand capital market instruments such as floating rate notes, mortgage backed securities, REPOS, Reverse Repos, Equity Reverse REPOS and money market instruments and fund valuation process to effectively supervise analysts on the investigation and resolution of income and trade related discrepancies
  • Knowledge of money and capital market instruments, dealers and practices; corporate banking services and practices;
  • Strong analytical and problem solving skills.
  • Knowledge and experience in online payment/banking applications.
  • Strong working knowledge of MS Excel, PowerPoint, PowerBI and other MS Office applications.
  • Excellent communication skills

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